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    Des Plaines, IL
    Strip Mall

    Des Plaines, IL Strip Malls for Sale

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    Retail Strip in Des Plaines
    Updated: May 21
    Retail Strip in Des Plaines

    603 Golf Rd, Des Plaines, IL 60016

    $3,165,000
    15,042 sqft
    High‑traffic location in Des Plaines, Illinois.
    Strong infill demographics: affluent area with high population density.
    Located near Elk Grove Business Park, the largest industrial park in the US.
    Proximity to O'Hare International Airport, a major employment and travel hub.
    15,042‑square‑foot retail strip with 11 tenants.**
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    This listing looks promising.

    Here's a quick look at some key insights for

    603 Golf Rd, Des Plaines, IL 60016

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $209K
      Annual

    • Mortgage

      $1.58M
      Feb 2022

    • Last Sold

      Feb 2022
      $2.1M

    • Property Type

      Community: Shopping Center, Mini-Mall
      Built 1970
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    Neighborhood Strip Center with Rear Parking
    Updated: Jun 5
    Neighborhood Strip Center with Rear Parking

    1667-1675 E oakton Street, Des Plaines, IL 60018

    Contact for pricing
    5,000 sqft
    5‑unit, single‑level brick neighborhood strip center built in 1970
    Zoned C‑3 General Commercial with by‑right uses including retail, office, service, and restaurant
    4 units currently rented plus 1 rehabbed vacancy for lease at $1,500/month
    Ample street parking for customers and rear parking for tenants
    3 contiguous PINs: 09‑28‑101‑004, 005, 006
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    Retail Investment Opportunity in Des Plaines
    Retail Investment Opportunity in Des Plaines

    669-685 Graceland Avenue, Des Plaines, IL 60016

    $1,900,000

    Stable 6-unit retail asset with investment potential in Des Plaines.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Des Plaines, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Morton Grove Commercial Property
    Morton Grove Commercial Property

    6015-6049 Dempster Street, Morton Grove, IL 60053

    $1,949,000
    16,000 sqft 0.69 AC lot

    Income-producing commercial property in a high-traffic location.

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    Chicago Commercial Investment Opportunity
    Chicago Commercial Investment Opportunity

    7133-7143 W Higgins Avenue, Chicago, IL 60656

    $990,000
    0.30 AC lot

    Five-unit commercial building on Chicago's Northwest side.

    View details
    Six-Unit Retail Strip Center
    Six-Unit Retail Strip Center

    6001-6019 N. Nina Avenue, Chicago, IL 60631

    Contact for pricing
    9,750 sqft

    Six-unit strip center with strong recent income performance and convenient Norwood Park transit and highway access.

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    Multi-Unit Retail Strip Center
    Multi-Unit Retail Strip Center

    6015-6049 Dempster Street, Morton Grove, IL 60053

    $1,949,000

    For-sale strip mall on Dempster Street in Morton Grove, IL.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    8450 Willow Springs Road, Willow Springs, IL 60480

    $800,000
    1.90 AC lot

    Corner lot suitable for retail development, drive-thru, or subdivision.

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    Elgin Land Development Opportunity
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    40.4 acres on Randall Road, ideal for mixed-use development.

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    Corner Lot Strip Mall Opportunity
    Corner Lot Strip Mall Opportunity

    237 W 79th Street, Chicago, IL 60620

    $130,000
    0.16 AC lot

    Ideal corner location for a small strip mall or franchise.

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    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 AC lot

    Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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    Off-Market Properties in Des Plaines, IL

    Consider similar Off-Market properties in Des Plaines, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1926-1992 River Rd
    Strip malls

    1926-1992 River Rd, Des Plaines, IL 60018

    Value Estimation by Request
    10,005 sqft
    View details

    Des Plaines, IL Strip Malls Market Trends and Statistics

    Explore 4 strip malls for sale in Des Plaines, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,042 square feet of properties for sale, with an estimated market value of $5,065,000.

    Sale prices for retail strips in Des Plaines, IL start at $1,900,000, averaging $2,532,500, and reaching up to $3,165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 11
    Automotive properties 10
    Shopping centers 7
    Auto shops 5
    Car washes 4

    Demographics Overview

    Population 90K
    Population Growth (5Y) -1.0%
    Median Household Income $84,491
    College Educated 23.3%

    High-Yield Neighborhoods for Investment

    Identify Des Plaines submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60018 $650K
    60016 $2.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Des Plaines fall within the 10,000 to 25,000 square foot range.

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