Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1262 Lee St Des Plaines, IL 60018-1513
    Back to Search
    Property profile & analytics

    1262 Lee St, Des Plaines, IL 60018-1513

    View on Map

    • Retail space
    • 1,681 SF
    • 0.27 lot acres
    Off-Market
    Last Sale Apr 1, 2025
    $235,000
    Property ID
    US28-0314412
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mr Pup . Americana Sub. / Restaurant
    • ATM / Atm

    Property Details for 1262 Lee St

    Year built
    1971
    Lot size
    0.27 lot acres
    Property type
    Retail space
    APN
    09-20-301-066
    APU
    920301066

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 25, 2026 — Arna3 LLC Hussain Manzoor Quitclaim Deed · related —
    Apr 1, 2025 $235,000 Hussain Manzoor Aa Sons LLC Warranty Deed —
    Jul 12, 2022 $445,000 Aa Sons LLC Elias Grivas Warranty Deed $410k · Harvest Small Business Finance LLC
    Mar 11, 2022 — Elias Grivas Bmo Harris Bank NA Deed —
    Dec 7, 2004 $220,000 Trust 04-7637 Trust 105551 Grant Deed · related —
    Oct 3, 1997 — Angel Foods Systems INC Lasalle National Bk Trustee Grant Deed · related —
    — — Padal Richard — Deed Of Trust · related $69k · Angel Foods Systems

    Description

    This 1,700 sq ft free-standing restaurant building is situated on a 12,000 sq ft lot at 1262 Lee Street in Des Plaines, Illinois, 60016. The property enjoys a high-traffic location on Lee Street/Mannheim Road, between Algonquin Road and Forest Avenue, near Van Buren Street. Its strategic placement provides excellent visibility and accessibility, with double in-and-out access points. The building is surrounded by major retailers, including Aldi, banks (US Bank, Chase, and Fifth Third Bank), and popular restaurants such as KFC and Burger King, ensuring high foot traffic and brand recognition. The property includes all equipment and fixtures. Ample parking is available for customers. The building offers strong street presence and is conveniently located near Elk Grove, Mount Prospect, Rolling Meadows, Arlington Heights, and Rosemont, with easy access to O'Hare Airport and major roads and interstates. The 2023 annual real estate taxes were $24,500. The property is currently vacant and available for immediate occupancy. Note that no business financial information is available. This is a fantastic opportunity for a restaurant owner or investor seeking a well-located, established property in a thriving commercial area. The asking price is $449,000. Gross lease type.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8948
    Latitude
    42.0303
    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
    $23,742
    $40,946
    $51,322
    $92,268
    -
    $163,784
    $205,288
    $369,072
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message