Technical
Financial
Distress signals
Property profile

2800 Riv Rd Des Plaines, IL 60018

OFF-MARKET
Office buildings
Property ID
US28-2214647
1.25 ac lot Built 1984
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional five-story executive office building, located at 2800 S River Rd in Des Plaines, IL (zip code 60018), offers a variety of flexible spaces ideal for businesses of all sizes. The building totals 99,000 square feet, with multiple tenancy options available. Individual suites range from a minimum of 1,410 square feet to a maximum contiguous space of 3,338 square feet, with 9,025 square feet currently vacant. The property boasts a striking five-story atrium lobby featuring a vibrant living garden, enhancing the professional atmosphere. Amenities include a convenient conference room and a tenant lounge, catering to the needs of modern businesses. Covered indoor and outdoor parking is provided for added convenience. The building enjoys excellent visibility and accessibility, with immediate access to major expressways, I-294 and I-90. Its strategic location in the Suburban - O'Hare submarket of Cook County places it minutes from O'Hare International Airport, Rivers Casino, Donald E. Stephens Convention Center, Allstate Arena, and the Chicago Prime Outlets, offering unparalleled convenience and connectivity. This prime location provides exceptional visibility and easy access for employees and clients alike. The building features elevators for convenient access to all floors.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1984
Lot 1.25 ac (54,450 SF)
APN 09-33-401-013
UPID US28-2214647

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Financial Advisor
  • Environmental Engineer
  • Insurance Agency
  • Association / Organization

Location

2800 Riv Rd Des Plaines, IL 60018-6001
Des Plaines metro Census 806600 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2010
5 recorded transactions
2019
Price N/A
2010
$5.5M
1999
$8.1M
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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