Shovel-ready following demolition of the existing structure. Plans, permits, and approvals are in place, allowing a new owner to move directly into the next phase of development. In the Heart of Downtown Des Plaines! An exceptional opportunity for a developer or builder to take over a fully entitled project in one of Chicago’s most active suburban markets. The current owner has completed the extensive entitlement process, and the sale includes approved plans and permits, allowing the next owner to begin construction without the time, expense, and uncertainty typically associated with development approvals. Perfectly positioned in Des Plaines’ thriving downtown district, this site offers an outstanding walkable location just steps from the Des Plaines Metra station, making commuting to downtown Chicago exceptionally convenient. Future residents will enjoy easy access to Metropolitan Square, the Des Plaines Public Library, neighborhood parks, grocery stores, coffee shops, boutique shopping, and an expanding collection of popular restaurants, and local businesses. With numerous new restaurants, retail establishments, and mixed-use developments continuing to open nearby, the area is experiencing tremendous growth and investment. Whether you’re an experienced developer looking to accelerate your next project or a builder seeking a streamlined path from acquisition to construction, this is a unique opportunity to acquire a shovel-ready development in one of the Northwest suburbs’ most desirable and rapidly evolving downtown locations. Opportunities like this are increasingly rare-capitalize on the months of planning and approvals already completed and bring this exciting project to life.
Property Details
Price:
$999,900
MLS #:
MRD12714041
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
desplaines
Listed Date:
Jul 23, 2026
Lot Size:
12,000 sqft / 0.27 acres (approx)
Year Built:
2026
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Stories
4
Financial
Tax Year
2024
Taxes
$14,831
Map
Community
- Address1345 E Prairie Avenue Des Plaines IL
- CityDes Plaines
- CountyCook
- Zip Code60016
Market Summary
Current real estate data for Commercial in Des Plaines as of Oct 05, 2026
18
Commercial Listed
182
Avg DOM
$769,059
Avg List Price
Property Summary
- 1345 E Prairie Avenue Des Plaines IL is a Commercial for sale in Des Plaines, IL, 60016. It is listed for $999,900
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Copyright 2026. All rights reserved.
1345 E Prairie Avenue
Des Plaines, IL


