Financial
Distress signals
Property profile

2860 S River Rd Des Plaines, IL 60018

FOR LEASE
Commercial real estate
Property ID
US28-0753741
1.19 ac lot Built 2006
Last sale Oct 2011 · $5,598,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$84k
Tax billed · 2022
Assessed value$328k
Assessed land$311k
Assessed improvement$17k
Effective rate25.73%

Value estimate

· Sep 2026
$430k
$387k – $473k
AI approach$430k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$9k
Operating expenses−$7k
NOI · 104,035.00% cap applied$21k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$430/SF
County average, outlier-cleaned · 1069 recorded sales of this use type
Observed band · Q1–Q3$140 – $917

Cap rate analysis

How does the asset earn?
104,035.00%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office28.5
Building Supply26.4
Auto Repair Shop23.3

Location

2860 S River Rd Des Plaines, IL 60018
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1275 Lee, Des Plaines, IL 60018-1512 $11,000 May 2025 No data
1255 Lee, Des Plaines, IL 60018-1512 $1,100,000 May 2025 No data
9870 Berwyn, Rosemont, IL 60018 $28,500,000 Oct 2024 No data
1821 Pne, Des Plaines, IL 60018 $240,000 Jun 2024 No data
1824 Mannheim, Des Plaines, IL 60018-2369 $270,000 May 2024 No data
1825 Pne, Des Plaines, IL 60018-2307 $224,000 May 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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