Property profile

1982-1992 River Rd Des Plaines, IL 60018

OFF-MARKET
Lifestyle centers
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Property summary

AI-generated overview

This exceptional retail opportunity in Des Plaines presents two available spaces totaling nearly 3,000 square feet, situated on highly visible River Road. The property is a shopping center with multiple tenants, offering excellent co-tenancy with established businesses including Dunkin', a Med-Spa, Sushi UA, and a Beauty Salon. One space is an end-cap unit, ideally suited for a restaurant, measuring approximately 1,536 square feet. The adjacent in-line space offers approximately 1,457 square feet. These spaces can be combined to create a larger 2,993 square foot retail area. The property boasts prominent pylon signage on River Road, ensuring high visibility and attracting significant foot traffic. Ample surface parking is available for customers and employees. Located in Cook County, this property is perfect for a variety of retail businesses seeking a prime location with strong visibility and established co-tenancy. The property consists of a total of two suites within a shopping center. This is a rare opportunity to establish or expand your business in a thriving commercial area.

Property profile

Verified
Property type Lifestyle centers

Cap rate & NOI

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

Location

1982-1992 River Rd Des Plaines, IL 60018
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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