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Property profile & analytics

950 Lee St Des Plaines, IL 60016

  • Retail space
  • 0.44 lot acres
Value Estimation
$545,000
Location Intelligence
Property ID
US28-2662015
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Frank J. Baker & Company, Ltd. / Tax Assessor
  • Daisy fix it / Mobile Phone Repair Shop
  • Financial Wize Home Loans Des Plaines IL / Senior Citizen Center / Assisted Living Facility
  • Georgemiller, Whyte & Associates / Psychologist / Attorney
  • State Farm Insurance / Insurance Agency

Property Details for 950 Lee St

Year built
1975
Lot size
0.44 lot acres
Property type
Retail space
Property subtype
Storefront properties
APN
09-20-203-011
APU
920203011

Description

950 Lee Street offers exceptional office space in downtown Des Plaines. This three-story, Class B building boasts 33,270 square feet of leasable area, with four available suites ranging from 928 to 5,097 square feet, suitable for various office needs including executive, traditional, medical, or creative uses. The building features convenient amenities such as covered parking, a large glass elevator, and prominent exterior signage opportunities. Tenants enjoy a shared break room equipped with vending machines, five-day janitorial service, and a reliable HVAC system. Its central location provides easy access to a wide array of dining options, including Sugar Bowl, Thai Square, Boston Fish Market, and numerous fast-food chains. Commuting is simplified by its proximity to the Metra Northwest Line (a four-block walk from Des Plaines Station) and nearby Pace Bus routes #226 and #250. The building benefits from its location near O'Hare International Airport and within a thriving community. Des Plaines has been recognized for its economic dynamism, ranking as the 10th fastest-growing city in Illinois by NerdWallet and among the 35 best places to live in the USA by MONEY magazine. Its diverse economic base offers a strong foundation for businesses of all sizes. Multiple tenancy options are available to accommodate various business needs and growth strategies. This property presents a unique opportunity to establish a presence in a vibrant and strategically located suburban Chicago community.

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
-87.8925
Latitude
42.0363
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$64,416
$66,500
$183,838
$250,338
-
$266,000
$735,352
$1,001,352
More about this property
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