BEDS0
BATHS
SQUARE FEET4,928
MLS#12554446
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
Property Description
Welcome to 8807 Dee Rd. in Des Plaines; a rare opportunity to own a solid six-unit residential building in a highly desirable location! This well-maintained property offers a fantastic blend of stability and potential, making it ideal for both seasoned investors and those looking to start or expand their real estate portfolio. 5 of 6 units currently rented, providing immediate income, yet the property still offers clear value-add potential with some below-market rents and flexible month-to-month tenancies. The next owner will enjoy the freedom to update units, raise rents to market, and quickly enhance long-term returns. Nestled on a quiet residential subdivision just minutes from shopping, dining, Metra, and major expressways, this building delivers both convenience and investment security. With solid construction, spacious layouts, and great tenants already in place, 8807 Dee Rd. is a rare find in today's low-inventory market. Whether you're seeking stable cash flow or looking for your next project with upside, this is the one you've been waiting for. Current rents below market. Building operating at Fully stabilized Potential Rent = $9,825/month ($117,900 annually). Buyer to verify.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall Sleeve
Lot Size: 0.18 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $16,269
Year Built: 1969
Feature Descriptions
Current Use: Multi-Family
Electric: Circuit Breakers
Exterior: Concrete, Brick
HVAC: Central Bldg Heat, Gas
Location: Shopping Mall, Free Standing/Urban
Lot Dimensions: 81X 87
Miscellaneous Indoor: Laundry Room
Parcel#: 09153070850000
Parking: 6-12 Spaces
Potential Use: Condominium
Tenant Pays: Electricity
Units: 6
Listed By / Shown By
Listed By
Agency Name: RE/MAX City
Agency Phone: 773-775-0600
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,621.01 per month $2,002.79 Principal & Interest $1,355.75 Property Tax $262.47 Homeowner's InsuranceChange Payment Information
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8807 Dee Road | MLS# 12554446
This multi-family property located at 8807 Dee Road, Des Plaines, IL 60016 is currently listed for sale with an asking price of $899,900. Search Des Plaines real estate on www.bhhscrosby.com today.