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Property profile & analytics

1423 Ellinwood St Des Plaines, IL 60016

  • Retail properties
  • 190,000 SF
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 1423 Ellinwood St

Year built
2022
Property size
190,000 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional Class A, six-story, 190,000-square-foot retail and office development in Des Plaines, Illinois, offers unparalleled opportunities. Located at 1423 Ellinwood St, 60016, this new 2022 construction sits on a 2.21-acre lot and is part of a vibrant mixed-use complex including 212 luxury apartments and extensive amenities. The property features multiple tenancy options, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 3,000 square feet. The building is ideally suited for a variety of uses, including creative office, medical office, executive office, traditional office, coworking, storefront, and street retail. One unit of approximately 12,916 square feet is currently available, featuring dedicated mechanical ductwork for kitchen exhaust. Build-to-suit options are available for qualified tenants. This prime location offers high visibility in the heart of Des Plaines' downtown transit-oriented district, directly across from the Metra station, providing convenient access to public transportation and major highways. The surrounding area boasts additional residential developments, ensuring a strong customer base. Business assistance grant programs from the City of Des Plaines offer incentives up to $100,000. Ample on-site and garage parking is available. This is an exceptional opportunity to establish a presence in a thriving, easily accessible location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Des Plaines
County
Cook
State
Illinois
Longitude
-87.8892
Latitude
42.0416
More about this property
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