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    Des Plaines, IL Multifamily Properties for Sale

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    Six-Unit Apartment Building
    Updated: Jan 25
    Six-Unit Apartment Building

    8807 Dee Road, Des Plaines, IL 60016

    $899,900
    0.18 AC lot
    Six‑unit apartment building with 5 of 6 units currently rented
    9 bedrooms and 6 bathrooms
    0.1796‑acre site in Des Plaines
    MULTI zoning
    Concrete and brick construction with a composition roof
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    Six-Unit Multifamily Building
    Updated: Jan 19
    Six-Unit Multifamily Building

    8807 Dee Road, Des Plaines, IL 60016

    $899,900
    4,928 sqft
    1969‑built six‑unit residential building at 8807 Dee Rd in Des Plaines
    5 of 6 units currently rented, providing immediate income
    Current rents are below market
    Potential rent: $9,825/month ($117,900 annually) per listing remarks; buyer to verify
    Fully stabilized potential mentioned, with flexibility via month‑to‑month tenancies per listing remarks
    View details
    Corner Lot with Income-Producing Duplex
    Corner Lot with Income-Producing Duplex

    Des Plaines, IL 60018

    $850,000
    0.69 AC lot

    Updated two-story home with two rental units sits on a corner residentially zoned parcel at Oakton Street and Oxford Road.

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    See what stands out in Cook County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Spacious 2BR Condo with Patio
    Spacious 2BR Condo with Patio

    920 Beau Drive #110, Des Plaines, IL 60016

    $192,500
    1,000 sqft

    First-floor unit with patio, new carpets, and in-unit laundry.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    1430-1440 Miner St, Des Plaines, IL 60016

    $1,625,000

    Four apartments and four storefronts combine residential and commercial occupancy in a transit-oriented downtown setting.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    1815-25 E Oakton Street, Des Plaines, IL 60018

    Contact for pricing

    Brick commercial and residential property with an occupied first-floor HVAC business and two apartments above.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    1939 East Touhy Avenue, Des Plaines, IL 60018

    Contact for pricing
    1.30 AC lot

    Two-unit home on 1.3 acres with a coach house, full unfinished basement, and public water and sewer.

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    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    1575 Ellinwood Ave, Des Plaines, IL 60016

    Contact for pricing

    First-floor restaurant space, upper-level apartments, and an outdoor patio create a flexible downtown configuration.

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    Brick 8-Unit Multifamily Building
    Brick 8-Unit Multifamily Building

    748 E 5th Ct, Des Plaines, IL 60016

    Contact for pricing

    Brick 8-unit building with 7 one-bed and 1 two-bed unit, coin laundry, and private parking spaces.

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    Renovated Triplex with Private Yard
    Renovated Triplex with Private Yard

    1980 Howard Avenue, Des Plaines, IL 60018

    Contact for pricing

    Multi-unit property with updated interiors, expanded bedroom space, parking, and basement storage.

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    22-Unit Apartment Building
    22-Unit Apartment Building

    560-570 Princeton St, Des Plaines, IL 60016

    Contact for pricing
    20,000 sqft

    Well-maintained 22-unit multifamily property with a rear parking lot and a mix of 1- and 2-bedroom apartments.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 11 Active listings in Des Plaines, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Triplex with Laundry
    Three-Unit Triplex with Laundry

    10109 Devon Court, Rosemont, IL 60018

    $695,000

    Three-unit triplex with each unit offering three bedrooms and 1.5 baths, plus in-unit AC and on-site laundry.

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    Brick Duplex with Full Basement
    Brick Duplex with Full Basement

    1216 N Northwest Highway, Park Ridge, IL 60068

    $490,000
    0.17 AC lot

    Occupied two-unit property with hardwood flooring, garage parking, and basement laundry and storage.

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    Two-Unit Duplex with Basement
    Two-Unit Duplex with Basement

    1216 N Northwest Highway, Park Ridge, IL 60068

    Contact for pricing

    Occupied duplex with garage parking, shared laundry, storage, and a fenced backyard.

    View details
    Multifamily Condo Package
    Multifamily Condo Package

    9512 Glenlake Ave, Rosemont, IL 60018

    Contact for pricing

    Seventeen condo units are offered as a package, with nearly all units currently rented to long-term tenants.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details

    Off-Market Properties in Des Plaines, IL

    Consider similar Off-Market properties in Des Plaines, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    470 3rd Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    470 3rd Ave, Des Plaines, IL 60016-7503

    $580,000
    Estimated value
    3,392 sqft 0.26 AC lot
    View details
    680 Beau Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    680 Beau Ct, Des Plaines, IL 60016-5894

    $680,000
    Estimated value
    3,945 sqft 0.14 AC lot
    View details
    1510 Prospect Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1510 Prospect Ave, Des Plaines, IL 60018

    $570,000
    Estimated value
    2,859 sqft 0.11 AC lot
    View details
    1014 Pr Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1014 Pr Ave, Des Plaines, IL 60016-3381

    $590,000
    Estimated value
    0.17 AC lot
    View details
    358 3rd Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    358 3rd Ave, Des Plaines, IL 60016-1188

    $505,000
    Estimated value
    3,392 sqft 0.26 AC lot
    View details
    640 Beau Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    640 Beau Ct, Des Plaines, IL 60016-5877

    $470,000
    Estimated value
    2,947 sqft 0.14 AC lot
    View details
    1244 Brown St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1244 Brown St, Des Plaines, IL 60016-3379

    $585,000
    Estimated value
    4,335 sqft 0.14 AC lot
    View details
    700 Beau Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    700 Beau Ct, Des Plaines, IL 60016-5898

    $460,000
    Estimated value
    3,903 sqft 0.14 AC lot
    View details
    1010 Arnold Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    1010 Arnold Ct, Des Plaines, IL 60016-9734

    $625,000
    Estimated value
    2,788 sqft 0.18 AC lot
    View details
    440 3rd Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    440 3rd Ave, Des Plaines, IL 60016-1195

    $550,000
    Estimated value
    3,392 sqft 0.26 AC lot
    View details
    1140 Arnold Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    1140 Arnold Ct, Des Plaines, IL 60016-9702

    $555,000
    Estimated value
    3,973 sqft 0.18 AC lot
    View details
    1629 Oakton St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1629 Oakton St, Des Plaines, IL 60018-2107

    $120,000
    Estimated value
    1,120 sqft 0.07 AC lot
    View details
    784 5th Ct
    GARDEN APT, COURT APT (5+ UNITS)

    784 5th Ct, Des Plaines, IL 60016-3168

    $365,000
    Estimated value
    0.26 AC lot
    View details

    Des Plaines, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Des Plaines, IL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 25,928 square feet of properties for sale, with an estimated market value of $4,467,300.

    Sale prices for multifamily properties in Des Plaines, IL start at $192,500, averaging $893,460, and reaching up to $1,625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 5
    Duplexes 2
    Triplexes 1

    Demographics Overview

    Population 90K
    Population Growth (5Y) -1.0%
    Median Household Income $84,491
    College Educated 23.3%

    High-Yield Neighborhoods for Investment

    Identify Des Plaines submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60018 $850K
    60016 $904.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Des Plaines fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Des Plaines, IL

    • 60016
    • 60018

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