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Property profile & analytics
FOR LEASE
Retail space

2250 E Devon Ave Des Plaines, IL 60018

5.82 ac lot Built 1967
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US28-1437628
Property summary
AI-generated overview

This exceptional three-story, 99,000 square foot Class B office building, renovated in 2023, offers a diverse range of spaces ideal for various business needs. Currently, 18,000 square feet are available for lease, with individual suites ranging from 1,158 to 13,255 square feet. The property boasts a prime location in Des Plaines, strategically situated between I-294, I-90, and I-190, providing unparalleled access to O'Hare International Airport and major transportation arteries. The building features modern amenities including two elevators, high ceilings, new double-glass herculite entry doors, abundant parking (over 2,000 spaces), on-site management, and a 35-person conference room with a full kitchen. Granite lobbies add a touch of sophistication. Public transportation is readily available, with Pace Bus Route #230 servicing the property and convenient access to the Rosemont CTA Blue Line and Des Plaines Metra stations. The property benefits from C-7 zoning (High Density Campus Commercial), reflecting its advantageous location near Rivers Casino and O'Hare Airport. This location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a modern, well-connected office space. The building's versatile layout accommodates traditional, executive, medical, and creative office uses.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1967
Lot 5.82 ac (253,519 SF)
APN 09-33-401-029
UPID US28-1437628
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CSN Factory Production Facility
  • Harsha Shukla, Re/Max Renaissance Real Estate Agency
  • Diversified Services Group Law Firm
  • RE/MAX Renaissance Real Estate Agency
  • Debbie Hundal, Re/Max Renaissance Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rsa Properties II LLC · 3 yrs held
Rsa Properties II LLC
since 2022
4 recorded transactions
2022
Price N/A
2019
Price N/A
2017
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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