About 8807 Dee Road
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.
Features of 8807 Dee Road
| MLS® # | 12554446 |
|---|---|
| Price | $899,900 |
| Bathrooms | 0.00 |
| Year Built | 1969 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 8807 Dee Road |
|---|---|
| Area | Des Plaines |
| City | Des Plaines |
| County | Cook |
| State | IL |
| Zip Code | 60016 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Wall Sleeve |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior | Concrete, Brick |
|---|---|
| Roof | Composition |
Additional Information
| Days on Market | 232 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX City |
|---|