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Property profile & analytics
OFF-MARKET Estimated value $785,000
Retail space

780 Lee St Des Plaines, IL 60016-6459

13,268 SF 0.44 ac lot Built 1966
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US28-1005453
Property summary
AI-generated overview

This exceptional 5,634-square-foot executive office space is located at 780 Lee Street in Des Plaines, Illinois, 60016. The property, built in 1966, is a single-tenant building offering complete flexibility. Currently undergoing renovations, the space is entirely vacant and ready for immediate occupancy. The landlord is willing to customize the layout to meet specific tenant needs. The building offers multiple office suite options, allowing for a single office or the entire first floor to be leased. Conveniently situated within walking distance of downtown Des Plaines, this location provides easy access to local amenities and businesses. Parking is readily available both on Lee Street and in an off-street lot. Tenants are responsible for utilities, their pro-rata share of common area maintenance (CAM), and their pro-rata share of real estate taxes. A detailed floor plan and a list of permitted uses are available upon request. This is a fantastic opportunity for a business seeking a prominent location in a thriving area. The property's size and adaptability make it ideal for a variety of businesses. Don't miss this chance to secure a prime office space in Des Plaines.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1966
Total area 13,268 SF
Lot 0.44 ac (19,000 SF)
APN 09-17-425-026
UPID US28-1005453
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
  • Dentist in Des Plaines IL | Kenny Dental Care Dental Office
  • Wagner & Shell LLC Law Firm
  • Kenny Dental Care Dental Office
  • Lincoln State Council PDCA Bank Loan Service
  • Honorary Consulate of Belize Foreign Consulate
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$985k
Blend (final) Blend
$785k
Owner & transaction history
Lee Street 780 LLC · 6 yrs held
Lee Street 780 LLC
since 2019
6 recorded transactions
2021
Price N/A
2019
$900,000
2000
$525,000
1998
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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