795 Center St Des Plaines, IL 60016
- Specialty properties
- 45,220 SF
- 1.03 lot acres
Current Use by Public Records
- St. Benedict Technology Consortium / Non-Profit Organization
- St Mary Pads Homeless Shelter / Homeless Shelter
Property Details for 795 Center St
- Lot size
- 1.03 lot acres
- Property size
- 45,220 SF
- Property type
- Specialty properties
- Property subtype
- Schools
Description
This exceptional investment opportunity presents a three-story, 45,220-square-foot school building situated on a 1.03-acre lot in Des Plaines, Illinois. Located at 795 Center Street, this property boasts a prime location, a short walk from downtown Des Plaines. The building, currently used as St. Mary Catholic School, is constructed of masonry and offers significant potential for redevelopment or repurposing. The property features 266 feet of frontage on Center Street and 170 feet on E. Prairie Avenue. Des Plaines is a vibrant community, just 17 miles northwest of downtown Chicago, offering easy access to O'Hare International Airport and major transportation routes, including interstates and rail lines. The area is known for its diverse population and rich heritage, providing a strong foundation for future development. The property is zoned R-4, and its assessed property number (APN) is 09-20-201-002(3)(4)(5)-0000. The asking price for this unique property is $5,850,000. This presents a rare chance to acquire a substantial property in a thriving location with significant upside potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Des Plaines
- County
- Cook
- State
- Illinois
- Longitude
- -87.8882
- Latitude
- 42.0387
