Property profile

1461 Ellinwood St Des Plaines, IL 60016

OFF-MARKET
Retail properties & Spaces
10,000 SF
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Property summary

AI-generated overview

This exceptional multi-tenant retail property, located at 1461 Ellinwood St in Des Plaines, Illinois 60016, offers a fantastic opportunity for businesses seeking flexible and adaptable space. The building boasts a total of 10,000 square feet, with individual units ranging from a minimum of 1,100 square feet to a maximum of 1,800 square feet. Currently, at least one unit is available, providing immediate occupancy potential for a variety of retail ventures. The property's prime location in Des Plaines offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. This makes it an ideal location for businesses seeking a strong presence in a thriving community. The property is classified as a retail space with multiple tenants, indicating a vibrant and established commercial environment. The address is easily accessible via major roadways, providing convenient access for both employees and customers. The available space presents a unique opportunity to establish or expand a retail business in a desirable location with a proven track record. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at 42.040861 latitude and -87.8880043 longitude.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1461 Ellinwood St Des Plaines, IL 60016
Des Plaines metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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