72 Broadway St Des Plaines, IL 60016-2348
This 6,500 square foot flex space in Des Plaines, IL, is available for sale at $550,000 ($84.62/SF). Located at 72-76 N Broadway St (APN 09182010130000), this fee-simple property sits on a 0.23-acre lot and features a recently completed $250,000 interior renovation. The building boasts a single tenancy, modified lease type, and offers a desirable blend of office and industrial space. The interior features 10' to 14' ceilings and one dock-high door. Its prime location offers high traffic counts due to its proximity to a busy roundabout, providing excellent visibility and accessibility. The property benefits from convenient access to O'Hare International Airport and major highways, making it an attractive option within the sought-after O'Hare submarket in Cook County, IL (zip code 60016). This renovated space presents a unique opportunity for businesses seeking a modern, functional, and strategically located commercial property. The property's blend of office and industrial features makes it suitable for a variety of uses. The recent renovation ensures a move-in ready condition, minimizing upfront investment for the new owner. This is a rare opportunity to acquire a well-located, high-quality flex space in a thriving business district.
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Atlantic Realty Management Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.