Strip Mall

Des Plaines, IL Strip Malls for Sale

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Retail Investment Opportunity in Des Plaines
Updated: Apr 6
Retail Investment Opportunity in Des Plaines

669-685 Graceland Ave, Des Plaines, IL 60016

$1,900,000
10,825 sqft
Stable 6‑unit retail asset, a great investment.
Located in Des Plaines Business District.
Only one vacancy, ensures consistent income.
Attractive opportunity for tenants due to recent developments.
Strong surrounding client base.
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Six-Unit Retail Strip Center
Updated: Aug 11
Six-Unit Retail Strip Center

669 Graceland Ave, Des Plaines, IL 60016

$1,900,000
Six‑unit retail asset
One remaining vacancy
Located within the Des Plaines Business District
669 Graceland Ave, Des Plaines, IL 60016
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See hot listings in Des Plaines

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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 3 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.

Retail Property with Central Air
Retail Property with Central Air

611 Milwaukee Ave, Glenview, IL 60025

$2,000,000
8,770 sqft

Built in 2009, the property has central air conditioning.

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Starbucks-Anchored Retail Center
Starbucks-Anchored Retail Center

1085 E Lake Cook Rd, Wheeling, IL 60090

$5,615,000
27,232 sqft

Neighborhood retail center with a drive-through anchor and illuminated tenant signage.

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Six-Unit Retail Strip Center
Six-Unit Retail Strip Center

611 Milwaukee Avenue, Glenview, IL 60025

$1,680,000
1.40 AC lot

Restaurant, salon, and end-cap retail spaces share a brick property with on-site parking.

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Retail Center
Retail Center

820 Wheeling Rd, Wheeling, IL 60090

Contact for pricing
13,382 sqft

Retail property offering 13,382 square feet of commercial space for sale.

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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.

Corner Commercial Land
Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.90 AC lot

Nearly two acres at a corner near I-294, I-55, and Route 83.

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Corner Commercial Land
Corner Commercial Land

237 W 79th Street, Chicago, IL 60620

$130,000
0.16 AC lot

Four adjoining parcels carry a COMMR zoning designation in Chicago.

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Commercial Corner Lot
Commercial Corner Lot

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

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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

Estimated value: by Request
10,005 sqft
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Des Plaines, IL Strip Malls Market Trends and Statistics

Explore 3 strip malls for sale in Des Plaines, IL on our real estate platform. These investment opportunities span a total of 10,825 square feet of properties for sale, with an estimated market value of $3,800,000.

Sale prices for retail strips in Des Plaines, IL average $1,900,000 — 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 14
Automotive properties 11
Auto shops 7
Shopping centers 4
Gas stations 3

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
60016 $1.9M

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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