8713 W Ballard Road
Des Plaines, IL, 60016
$1,200,000
3 Beds
6 Baths
0 SqFt
0.41 Acres
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MLS #MRD12634779 image #0
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.

Property Details

Price:
$1,200,000
MLS #:
MRD12634779
Status:
Active Under Contract
Beds:
3
Baths:
6
Type:
Commercial
Neighborhood:
desplaines
Listed Date:
May 1, 2026
Year Built:
1989
Des PlainesDesplaines

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Composition
Stories
3

Financial

HOA Includes
Insurance, Exterior Maintenance, Lawn Care, Snow Removal
Net Operating Income
$86,030
Tax Year
2023
Taxes
$23,036

Map

Community

Market Summary

Current real estate data for Commercial in Des Plaines as of Jun 13, 2026
12
Commercial Listed
215
Avg DOM
$1,009,633
Avg List Price

Property Summary

    8713 W Ballard Road Des Plaines IL is a Commercial for sale in Des Plaines, IL, 60016. It is listed for $1,200,000

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