Property profile

9392 Ballard Rd Des Plaines, IL 60016

OFF-MARKET
Retail properties & Spaces
6,475 SF
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Property summary

AI-generated overview

This exceptional 6,475 square foot building, located at 9392 Ballard Rd, Des Plaines, IL 60016, presents a unique opportunity for lease. Currently fully vacant, this property offers immediate occupancy for a single tenant or can be subdivided to accommodate multiple users with a minimum divisible space of 1,295 square feet. The building boasts a desirable location at the corner of Ballard Road and Potter Road, providing excellent visibility and accessibility. The property features 32 free surface parking spaces, a significant advantage for both staff and clients. Large windows throughout the building maximize natural light and create a bright, inviting atmosphere. A prominent pylon sign ensures high visibility from the street. The building's modern design and prime location make it ideal for a variety of uses, including retail, quick-service restaurants (QSR), or medical offices. Its proximity to major thoroughfares like Dempster and Golf Roads, and its location just four blocks west of Advocate Lutheran General Hospital, further enhances its appeal. The 0.59-acre lot provides ample space and potential for future expansion. This is a rare opportunity to secure a high-quality, well-located commercial space in a thriving Des Plaines market. The asking rate is $27.00 per square foot, net.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,475 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

9392 Ballard Rd Des Plaines, IL 60016
Des Plaines metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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