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8805 Dee Rd
Des Plaines, IL 60016
8805 Dee Road · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,928 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1968 |
| Apartment Style | Garden | Parking Ratio | 2.03/1,000 SF |
| Lot Size | 0.18 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.18 AC |
| Building Size | 4,928 SF |
| No. Stories | 3 |
| Year Built | 1968 |
| Parking Ratio | 2.03/1,000 SF |
ABOUT 8805 DEE RD , DES PLAINES, IL 60016
Essex Realty Group, Inc. has been exclusively engaged to market for sale 8805 Dee Road, an 6 unit apartment building located in the Chicago suburb of Des Plaines. The property features a (3) 2Bd/1Ba and (3) 1Bd/1Ba units. 8805 Dee Road gives an investor a rare opportunity to acquire a value-add multifamily property in the highly-desirable suburb of Des Plaines. Current rents can be raised an estimated 15%-20% as-is. Furthermore, by updating the units with modern finishes, a long-term investor could significantly increase their return on investment. The property is ideally situated less than one mile east of I-294 providing easy access to neighboring suburbs and O’Hare International Airport, making it a highly desirable commuter-friendly location. The City of Des Plaines itself is located 20 miles northwest of Chicago's downtown loop. Neighboring suburbs include Park Ridge, Glenview, Mount Prospect, and Elk Grove Village. Additionally, O'Hare International Airport, the second most-frequented airport in the United States, is situated immediately to the south of Des Plaines.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $755.00 | 650 |
| 2+1 | 3 | $850.00 | 750 |
PROPERTY TAXES
| Parcel Number | 09-15-307-084-0000 | Improvements Assessment | $50,464 |
| Land Assessment | $5,084 | Total Assessment | $55,548 |
PROPERTY TAXES
