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24 S River Rd 5,280 SF 100% Leased Office Building Des Plaines, IL 60016 $750,000 ($142.05/SF)
Executive Summary
Fully Rented and 100% occupied all brick updated single story office building laid out as three offices. Tenants pay all utilities except water. This is a well maintained and turnkey opportunity. Keep as a rental or owner occupy as a dental office, doctor office or get creative. Terrific office space for almost any business or redevelop the land to increase possibles. Great location just north of downtown & close to everything. On-site 15 parking spaces. Gross yearly income of $71,586. Tenants' leases expire 1/2027, 9/2026, 6/2026. Suite100/200 $3,400, Suite 300 $1200, and suite 400 $1,365.50. Inquire with questions or additional information.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$71,586
|
$13.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$71,586
|
$13.56
|
| Taxes |
$44,572
|
$8.44
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$44,572
|
$8.44
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $71,586 |
| Annual Per SF | $13.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $71,586 |
| Annual Per SF | $13.56 |
| Taxes | |
|---|---|
| Annual | $44,572 |
| Annual Per SF | $8.44 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $44,572 |
| Annual Per SF | $8.44 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,280 SF
Building Class
C
Year Built
1988
Price
$750,000
Price Per SF
$142.05
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,280 SF
Building FAR
0.38
Lot Size
0.32 AC
Zoning
LI - Office/light industrial. M zoning. Village open to zoning change to B-Business.
Parking
15 Spaces (2.84 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
- Reception
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 24 Des Plaines LLC
- -
- -
- -
- -
-
- Public Administration
- -
- -
- -
As State Representative, Moylan works tirelessly on issues affecting the families of the 55th District. Moylan currently serves on the Cities & Villages, Economic Development, Transportation: Regulations &Roads and Transportation: Vehicles & Safety Committees.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 24 Des Plaines LLC | - | - | - | - | ||
|
|
Public Administration | - | - | - |
1 1
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 09-17-200-024-0000 | Total Assessment | $143,501 |
| Land Assessment | $48,269 | Annual Taxes | $44,572 ($8.44/SF) |
| Improvements Assessment | $95,232 | Tax Year | 2025 |
Property Taxes
Parcel Number
09-17-200-024-0000
Land Assessment
$48,269
Improvements Assessment
$95,232
Total Assessment
$143,501
Annual Taxes
$44,572 ($8.44/SF)
Tax Year
2025
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24 S River Rd
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