SIGN UP CUSTOMER LOGIN
Main Photo

36 Total Photos [Click to View All]

Main Photo
Main Photo

8713 W Ballard Road Des Plaines, IL 60016

$1,200,000
New / MLS# 12634779 / Multi Unit - Multiple / Des Plaines
0 Beds

Well-maintained 6-unit, fully occupied multifamily building in Des Plaines offering strong, consistent cash flow. The property generates approximately $120,000+ in annual income with an estimated NOI of $84,000/year. All units are tenant-occupied with long-term tenancy ranging from 10-25+ years, providing stability and minimal turnover. Tenants pay all utilities, helping to keep operating expenses low. Additional income is generated through coin-operated laundry. The property includes parking for all units and has seen major system updates, including a new roof that will be installed by mid May, contributing to overall maintenance and longevity. This is an excellent opportunity for investors seeking a stable, income-producing asset in a desirable suburban Chicago location. Property is being sold AS-IS.

Read More » Read Less »

Baird & Warner Rose Hoffmann Agent Cell: 847.627.0039 Email

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 4,936.33 per month $2,666.67 Principal & Interest $1,919.67 Property Tax $350.00 Homeowner's Insurance
Get your competitive financing options.

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 0.41 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $23,036
Year Built: 1989

Feature Descriptions

Electric: Circuit Breakers
Exterior: Brick
Foundation: Concrete Perimeter
HVAC: Gas
Lot Dimensions: 357 x 181
Miscellaneous Indoor: Laundry Room
Parcel#: 09143080191007
Parking: 6-12 Spaces
Tenant Pays: Electricity, Heat, Water
Units: 6

Location

See details and scored characteristics about this location.

Listing Office: HomeSmart Connect

Listing Office Phone: 847-495-5000



Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Login to my Baird & Warner account

Pixel