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Financial
Distress signals
Property profile

1700 W Higgins Rd Des Plaines, IL 60018

FOR LEASE
Office buildings
Property ID
US28-1063566
2.41 ac lot Built 1986
Last sale Feb 2007 · $24,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$608k
Tax billed · 2022
Assessed value$2.38M
Assessed land$631k
Assessed improvement$1.75M
Effective rate25.55%

Value estimate

· Oct 2026
$620k
$558k – $682k
AI approach$620k
NOI build-up
Gross scheduled income$178k
Vacancy & credit loss−$44k
Operating expenses−$33k
NOI · 625,643.75% cap applied$100k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$51 – $273

Cap rate analysis

How does the asset earn?
625,643.75%
$100k 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 Office10.4
Grocery Store9.5
Laundry Service9.5

Location

1700 W Higgins 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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1829 Oakton St, Des Plaines, IL 60018-2111 $425,000 Jul 2025 No data
6250 Riv Rd, Rosemont, IL 60018-4265 $53,250,000 Oct 2024 381,000 SF
2700 Riv, Des Plaines, IL 60018-4101 $5,000,000 Oct 2023 No data
2340 Riv, Des Plaines, IL 60018-3212 $4,928,000 Oct 2023 No data
9550 Higgins, Rosemont, IL 60018-4906 $38,750,000 Nov 2022 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?”
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