Development Opportunity with Income - Des Plaines Corner parcel located at E Oakton St. & Oxford Rd. offering approximately 0.69 acres (30,000+ SF) with high visibility and traffic exposure. Irregular lot dimensions (108X38X198X143X222) provide flexibility for redevelopment. Existing two-story structure includes two units (non-conforming/unverified), fully rented with below-market rents: 4-bedroom unit 2-bedroom unit Total income: $4,000/month Property allows for immediate income while planning future development. Potential uses include townhomes, apartments, or condominiums (buyer to verify zoning). Public water and sewer available. Close to downtown Des Plaines, Metra, O'Hare, and major highways. Call Listing Broker for additional details.
Listed By
Agency Name: Troy Realty Ltd
Agency Phone: 773-792-3000
Shown By
Agent Name: Tracy Wallschlaeger
Agent Phone: (815) 988-5281
Agency Title: Gambino Realtors
Estimated Payment
$ 5,012.13 per month $3,860.97 Principal & Interest $903.25 Property Tax $247.92 Homeowner's Insurance
1596 Oxford Lane | MLS# 12627380
This single family home located at 1596 Oxford Lane , Des Plaines, IL 60016 is currently listed for sale with an asking price of $850,000. This property has 6 bedrooms and 2 full baths with 3000 sq. ft. Oxford Lane is located within the District 62 school district. Search Des Plaines real estate on twallschlaeger.gogambino.com today.