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985 Graceland Ave 6,470 SF Flex Building Des Plaines, IL 60016 $825,000 ($127.51/SF)



Investment Highlights
- Freestanding flex industrial and office building.
- Drive-in loading door supports operational flexibility.
- Office and warehouse configuration within one facility.
- Approximately 16-foot clear warehouse height.
Executive Summary
985 Graceland Avenue presents an opportunity to acquire a freestanding flex industrial property in Des Plaines, Illinois. The building combines approximately 3,675 square feet of office space with warehouse functionality, creating a versatile environment for contractors, service businesses, showroom users, light industrial operations, or owner-occupants seeking a blend of administrative and operational space. The property features masonry construction, a drive-in loading door, 16-foot warehouse clear height, 400A/240V power service, and on-site parking.
Its location provides convenient access to O'Hare International Airport, Interstate 90, Interstate 294, and Illinois Route 83, supporting efficient regional connectivity throughout the Chicago metropolitan area. The property's flexible configuration, established infrastructure, and accessibility position it to accommodate a range of business operations while benefiting from the economic and transportation advantages of the surrounding market. Offered as-is, the asset provides an opportunity for an owner-user or investor seeking a standalone commercial facility in a mature business corridor.
Its location provides convenient access to O'Hare International Airport, Interstate 90, Interstate 294, and Illinois Route 83, supporting efficient regional connectivity throughout the Chicago metropolitan area. The property's flexible configuration, established infrastructure, and accessibility position it to accommodate a range of business operations while benefiting from the economic and transportation advantages of the surrounding market. Offered as-is, the asset provides an opportunity for an owner-user or investor seeking a standalone commercial facility in a mature business corridor.
Property Facts
| Price | $825,000 | Rentable Building Area | 6,470 SF |
| Price Per SF | $127.51 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1956/1995 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Distribution | Parking Ratio | 1.85/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 0.29 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | C-3 | ||
| Price | $825,000 |
| Price Per SF | $127.51 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.29 AC |
| Rentable Building Area | 6,470 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1956/1995 |
| Tenancy | Single |
| Parking Ratio | 1.85/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C-3 |
Amenities
- Signage
Utilities
- Heating - Gas
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 09-20-207-016-0000 | Improvements Assessment | $54,525 |
| Land Assessment | $72,225 | Total Assessment | $126,750 |
Property Taxes
Parcel Number
09-20-207-016-0000
Land Assessment
$72,225
Improvements Assessment
$54,525
Total Assessment
$126,750
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985 Graceland Ave
