1815-25 E Oakton ST, Des Plaines, IL 60018
See all 38 photos
1815-25 E Oakton ST, Des Plaines, IL 60018
1815-25 E Oakton ST, Des Plaines, IL 60018
1815-25 E Oakton ST, Des Plaines, IL 60018
1815-25 E Oakton ST, Des Plaines, IL 60018
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 825,000
Est. payment /mo
Save
Price Dropped by $25K

1815-25 E Oakton ST Des Plaines, IL 60018

7,070 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,070 sqft

Price per Sqft $116

MLS Listing ID 12705101

Year Built 1973

Annual Tax Amount $14,978

Tax Year 2024

Lot Size 3,136 Sqft

Lot Dimensions 25x125

Property Sub-Type Mixed Use

Property Description

Rare mixed-use owner-user and investment opportunity along highly visible E. Oakton Street in Des Plaines. Offering approximately 6,274 square feet of measured commercial and residential space, this brick property combines a versatile first-floor commercial configuration with two residential apartments above. The first floor is currently occupied by an established HVAC business and features reception and office areas, work and storage space, two bathrooms, an attached garage with overhead door access, and 10 outdoor parking spaces. The second floor consists of two residential apartments, each with its own electric heat, through-wall A/C, water heater and laundry. One apartment is currently occupied and the second is vacant, creating an immediate value-add opportunity for a new owner. Additional features include six separate electric meters, 200-amp electrical service, excellent Oakton Street visibility, and convenient access to I-90, I-294 and O'Hare International Airport. C-3 zoning provides additional flexibility for prospective owner-users and investors, subject to City approval and buyer verification of intended use. An excellent opportunity for an owner-user seeking supplemental rental income or an investor looking to reposition and maximize the property's income potential.

Location

State IL

County Cook

Area Des Plaines

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Miguel Ruiz of  Baird & Warner 

Nearby School & Business

AFFORDABILITY CALCULATOR

Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
$
$
$
%
Advanced
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable Properties
Payment Breakdown:
$0 Month

GET IN TOUCH

Name
Phone*
Message