795 Elmhurst Rd Des Plaines, IL 60016-2505
This exceptional value-add opportunity presents a vacant, single-story, 2,450-square-foot free-standing building situated on a 13,200-square-foot lot in Des Plaines, Illinois. Located at the hard corner of Elmhurst Road (20,800 vehicles per day) and Dempster Street (10,800 vehicles per day), this property boasts prime visibility and accessibility. Built in 1989 and renovated in 2000, the building is zoned C-3, offering flexibility for a variety of retail or service businesses. The property features on-site parking and pylon signage, enhancing its appeal to potential tenants. Currently vacant, this presents a blank canvas for a new owner to lease or occupy. The asking price is $499,900, translating to $204.04 per square foot. The property is a single-tenant building with a NNN lease type. Its strategic location places it amongst a mix of national and local retailers, including Jewel Osco, Burger King, Advanced Auto Parts, True Value, Kohl's, KFC, Subway, and Taco Bell. The building has a new roof. The Cook County property features a single building and is classified as Class C. The APN is 08133070360000. This is a freehold ownership opportunity.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.