379 River Rd Des Plaines, IL 60016
- Banks
- 0.48 lot acres
Current Use by Public Records
- Byline Bank / Bank
Property Details for 379 River Rd
- Year built
- 2003
- Lot size
- 0.48 lot acres
- Property type
- Banks
- APN
- 09-16-300-076
- APU
- 916300076
Description
This exceptional 3,393 square foot retail property, built in 2003, is situated on a highly visible 0.39-acre lot at 379 S. River Rd in Des Plaines, Illinois (60016), Cook County. Currently vacant, this single-tenant building offers a unique investment opportunity in a prime location. The property's permitted commercial zoning allows for a variety of uses, previously operating as a bank, convenience store, and pharmacy. Its strategic location on a signalized corner boasts exceptional visibility and accessibility, with a daily traffic volume exceeding 21,140 vehicles on S. River Rd. The property benefits from its proximity to major transportation arteries, including O'Hare International Airport and I-294, ensuring convenient access for customers and employees. Furthermore, the surrounding area is anchored by established national brands such as Popeyes, McDonald's, and Dunkin' Donuts, creating a strong retail environment and high foot traffic. The asking price is $899,400, translating to $265.08 per square foot. This presents a compelling opportunity for investors seeking a well-located, versatile retail space with significant potential for growth and return. The property's history as a bank, convenience store, and pharmacy demonstrates its adaptability to various retail concepts.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Des Plaines
- County
- Cook
- State
- Illinois
- Longitude
- -87.8851
- Latitude
- 42.0467
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
