8807 Dee Road
Des Plaines, IL, 60016
$899,900
9 Beds
6 Baths
0 SqFt
0 Acres
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MLS #MRD12554446 image #0
Welcome to 8807 Dee Rd. in Des Plaines; a rare opportunity to own a solid six-unit residential building in a highly desirable location! This well-maintained property offers a fantastic blend of stability and potential, making it ideal for both seasoned investors and those looking to start or expand their real estate portfolio. 5 of 6 units currently rented, providing immediate income, yet the property still offers clear value-add potential with some below-market rents and flexible month-to-month tenancies. The next owner will enjoy the freedom to update units, raise rents to market, and quickly enhance long-term returns. Nestled on a quiet residential subdivision just minutes from shopping, dining, Metra, and major expressways, this building delivers both convenience and investment security. With solid construction, spacious layouts, and great tenants already in place, 8807 Dee Rd. is a rare find in today’s low-inventory market. Whether you’re seeking stable cash flow or looking for your next project with upside, this is the one you’ve been waiting for. Current rents below market. Building operating at Fully stabilized Potential Rent = $9,825/month ($117,900 annually). Buyer to verify.

Property Details

Price:
$899,900
MLS #:
MRD12554446
Status:
Active Under Contract
Beds:
9
Baths:
6
Type:
Commercial
Neighborhood:
desplaines
Listed Date:
Jan 25, 2026
Total Sq Ft:
4,928
Year Built:
1969
Des PlainesDesplaines

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Schools

Interior

Cooling
Wall Sleeve

Exterior

Construction Materials
Concrete, Brick
Roof
Composition
Stories
3

Financial

Net Operating Income
$106,380
Tax Year
2023
Taxes
$16,269

Map

Community

Market Summary

Current real estate data for Commercial in Des Plaines as of May 15, 2026
13
Commercial Listed
185
Avg DOM
$958,892
Avg List Price

Property Summary

    8807 Dee Road Des Plaines IL is a Commercial for sale in Des Plaines, IL, 60016. It is listed for $899,900

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