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    1530 Lee St Des Plaines, IL 60018

    Sponsored
    For Lease
    $12 SF/Yr

    6,000 sq ft Flex Space, High Visibility

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,000-square-foot retail, office, or flex space presents a remarkable opportunity in Des Plaines, IL. Located at 1530 Lee Street, this single-tenant building boasts a prime end-cap corner location within a thriving retail district. The property benefits from exceptional visibility and accessibility, shadow-anchored by a Jewel-Osco supermarket and situated near a diverse range of national and regional retailers including Butera Market, Dollar Tree, AutoZone, O'Reilly's Auto Parts, Sherwin-Williams, Aldi, Chase Bank, and Bank of America. Numerous restaurants such as McDonald's, Wendy's, KFC, and Starbucks are also in close proximity. The building itself features a 12-foot ceiling height and ample parking with 55+ spaces. Its C-4 Regional Shopping Center zoning allows for a variety of commercial uses. The high traffic count on Lee Street (18,100 average daily traffic) and Oakton Street (21,900 average daily traffic) ensures significant exposure. This location benefits from strong neighborhood demographics and a diverse commercial and residential base, making it an ideal location for a variety of businesses. The property is a one-story building with a single tenancy. The address is 1530 Lee St, Des Plaines, IL 60018, and is conveniently located near the intersection of Lee Street and Oakton Street. The property is also near an Illinois Secretary of State DMV facility.

    Property Features for 1530 Lee St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    6,000 SF
    Rate per SF
    $12

    HighLights

    • 6,000 SF single‑tenant retail/office/flex space in Des Plaines, IL.
    • Prime end‑cap corner location with high visibility at 1530 Lee St.
    • Shadow‑anchored by Jewel‑Osco, near other national retailers and restaurants.
    • 12' ceilings, 55+ parking spaces, C‑4 zoning.
    • High traffic counts on Lee & Oakton Streets (18,100 & 21,900 ADT respectively).
    Property Profile Location Intelligence

    Current Use by Public Records

    NAPA Auto Parts Auto Parts Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.894485509016
    Latitude
    42.024961239817

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    FAQs

    What type of property is this?
    Flex space - 6,000 sq ft Flex Space, High Visibility
    Where is this flex space located?
    The property is located at 1530 Lee St Des Plaines, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 6,000 SF single-tenant retail/office/flex space in Des Plaines, IL.; Prime end-cap corner location with high visibility at 1530 Lee St.; Shadow-anchored by Jewel-Osco, near other national retailers and restaurants.
    Request Owner's contact information
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    Des Plaines, IL 60018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1530 Lee St Des Plaines, IL 60018
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