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Listed by Miguel Ruizof Baird & Warner
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Est. payment /mo
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
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
Zoning COMMR
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Others
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Joanna Lewkowicz
Designated Managing Broker | Owner 471.018027471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com