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Property profile & analytics
OFF-MARKET
Retail space

2720 Riv Rd Des Plaines, IL 60018-4106

5.54 ac lot Built 1966
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-2654427
Property summary
AI-generated overview

This three-story Class B office building, totaling 108,000 square feet, is located at 2720 S River Rd, Des Plaines, IL 60016, in the Suburban - O'Hare submarket of Cook County. The property offers multiple tenancy options with a minimum divisible space of 531 square feet and a maximum contiguous space of 2,499 square feet. Currently, 16,541 square feet of space is vacant and available for lease. Building amenities include a striking atrium lobby with a grand staircase, a convenient conference room, a tenant lounge, and abundant outdoor parking. The building enjoys excellent visibility and easy access to major expressways, I-294 and I-90. Its strategic location provides proximity to O'Hare International Airport, Rivers Casino, Donald E. Stephens Convention Center, Allstate Arena, and the Chicago Prime Outlets, making it an attractive option for businesses seeking convenient access to transportation and entertainment. The property is ideal for businesses seeking flexible office space in a well-maintained building with convenient amenities and a prime location.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1966
Lot 5.54 ac (241,322 SF)
APN 09-33-203-011
UPID US28-2654427
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
  • Ridgeland Partners Consultant
  • CSN LLC Factory Production Facility
  • First Midwest Insurance Group Insurance Agency
  • RAM Communications Inc Telecommunications Service
  • . Nightclub Music Venue
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
Image Media Advertising INC · 5 yrs held
Image Media Advertising INC
since 2021
4 recorded transactions
2021
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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