About 1667-1675 E Oakton Street
5-unit, single level brick neighborhood strip center located on the most vibrant commercial stretch in Des Plaines. Surrounded by historical local businesses and conveniently close to the 294 Highway. Ample street parking for customers and rear parking for the tenants. 4 units rented and 1 rehabbed vacancy for lease (Asking $1,500) or perfect for a building owner / operator. 3 contiguous PINs (09-28-101-004, 005, 006). Monthly income of $6,100 assumes vacant space rents for $1,500. NOI: $46,196. Op-Ex $27,004.08 = Taxes - $19,674.08, Insurance $4,756, Utilities $2,574. 7.1 CAP. NOI presented on self-managed basis. Zoned C-3 General Commercial: retail, office, service, restaurant by-right.
Features of 1667-1675 E Oakton Street
| MLS® # | 12636166 |
|---|---|
| Price | $650,000 |
| Bathrooms | 0.00 |
| Year Built | 1970 |
| Type | Commercial Sale |
| Sub-Type | Retail/Stores |
| Status | Contingent |
| HOA Fees Freq. | Not Applicable |
| Taxes | $19,674 |
Community Information
| Address | 1667-1675 E Oakton Street |
|---|---|
| Area | Des Plaines |
| City | Des Plaines |
| County | Cook |
| State | IL |
| Zip Code | 60018 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Days on Market | 45 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|