Sold
Last Sold Price
11 beds

8705 Ballard Rd, Des Plaines, IL 60016

Multi Family 5+Property Type
0.36 acresLot Size
1992Year Built

Description

Six-unit apartment building located in Des Plaines, Illinois. 100% occupied. Five 2BR/1BA, one 1BR/1BA. Great opportunity to purchase a well-maintained building in a highly desirable location. Close to schools and all highways. Renter pay own utilities gas, electric, and cable. There is a $360.00 per Month Association fee for the building that includes, snow removal, lawn care and insurance. Turn key investment. Call for appointment.Six-unit apartment building located in Des Plaines, Illinois. 100% occupied. Five 2BR/1BA, one 1BR/1BA. Great opportunity to purchase a well-maintained building in a highly desirable location. Close to schools and all highways. Renter pay own utilities gas, electric, and cable. There is a $360.00 per Month Association fee for the building that includes, snow removal, lawn care and insurance. Turn key investment. Call for appointment.

    Sold By RE/MAX Properties Northwest

    • Listed by: Danny 847.293.4687 Dannymcgovern@comcast.net • RE/MAX Properties Northwest
    Listing closed: 09/21/2017 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09603697
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    Recent comparable sales

    Median sold price

    $850,000

    Avg days on market

    44

    Sale-to-list ratio

    100.1%

    Des Plaines, IL

    9 comparable properties found

    $1,232,500 | 8713 Ballard Road, Des Plaines, IL 60016
    1/36
    1

    $1,232,500

    Sold 07/01/26

    11
    Bedrooms
    Unavailable
    Square Feet
    0.41
    Acres
    2

    $810,000

    Sold 07/14/25

    Unavailable
    Bedrooms
    6
    Bathrooms
    6,188
    Square Feet
    0.14
    Acres
    3

    $945,000

    Sold 03/16/26

    Unavailable
    Bedrooms
    6
    Bathrooms
    4,928
    Square Feet
    0.13
    Acres
    4

    $980,000

    Sold 11/11/25

    Unavailable
    Bedrooms
    6,660
    Square Feet
    0.07
    Acres
    $840,100 | 364 Geri Lane, Des Plaines, IL 60016
    1/25
    5

    $840,100

    Sold 03/06/25

    5
    Bedrooms
    4,831
    Square Feet
    Unavailable
    Acres
    a front view of a house with a yard
    1/34
    6

    $750,000

    Sold 10/03/25

    5
    Bedrooms
    4,540
    Square Feet
    0.34
    Acres
    7

    $850,000

    Sold 07/31/25

    Unavailable
    Bedrooms
    6
    Bathrooms
    4,928
    Square Feet
    0.15
    Acres
    $1,701,000 | 9609 Reding Circle, Des Plaines, IL 60016
    1/98
    8

    $1,701,000

    Sold 09/10/26

    7
    Bedrooms
    7,983
    Square Feet
    0.50
    Acres
    a front view of house with yard and green space
    1/54
    9

    $691,020

    Sold 11/22/24

    8
    Bedrooms
    3,156
    Square Feet
    0.07
    Acres

    Location

    Add your commute
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    OriginPoint Mortgage or Rocket Mortgage1

    $4,312 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $3,566

    Property Taxes

    $746

    HOA Dues

    $0

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    Rocket Mortgage1

    Property Information for 8705 Ballard Road

    Property Details

    • Taxes: $8,950 / year
    • MLS Type: Multi Family 5+ / Multi Family 5+-Other
    • County: Cook County
    • Area: Des Plaines
    • Township: MAINE
    • Zoning: MULTI

    Building Information

    • Stories: 3
    • Residences: 6
    • Year Built: 1992
    • Lot Size: 0.36 AC / 15,612 SF

    General Information

    Addtl Parking Information
    • Outdoor Parking: 19-30 Spaces
    Location and General Information
    • Information: 24-Hr Notice Required,Listing Agent Must Accompany,Show-Call Listing Office
    Taxes and HOA Information
    • Additional Parcels: No

    Property Information

    Interior Features
    • Heat/Ventilation: Forced Air
    • Num of Baths: 6.0
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
    • Built Before 1978: No
    • Approximate Age: 26-35 Years
    • Multi-Family Type: Other
    • Lot Dimensions: 15,612 SF
    • Stories: 3
    • Exterior Building Type: Concrete, Brick
    • Construction: Concrete
    • Roof Type: Composition
    • Roof Structure: Gable
    • Foundation Details: Concrete Perimeter
    Property and Assessments
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 04-24-2017

    Multi Family

    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $576.00
    • Fuel Expense: $1,440.00
    • Gross Income: $63,000.00
    • Gross Scheduled Income: $64,800.00
    • Insurance Expense: $910.00
    • Maintenance Expense: $.00
    • Electric Expense Source: Actual
    • Fuel Expense Source: Actual
    • Insurance Expense Source: Actual
    • Janitor Expense: 0
    • Trash Expense Source: Actual
    • Total Monthly Income: 19196
    • Water Expense Source: Actual
    • Net Operating Income: $45,604.00
    • Operating Expense: $19,196.00
    • Other Expense: $.00
    • Trash Expense: $1,416.00
    • Water Sewer Expense: $1,584.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 3
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 1
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 8705 Ballard Road

    DateEvent & SourcePriceAppreciation
    Sep 21, 2017

    Sold

    MRED #09603697

    $668,000—
    Sep 8, 2017

    Sold (Public Record)

    Public Record #606740339

    $668,000—
    May 11, 2017

    Pending

    MRED #09603697

    —
    DateEvent & SourcePrice
    09/21/2017

    Sold

    MRED #09603697

    $668,000
    09/08/2017

    Sold (Public Record)

    Public Record #606740339

    $668,000
    05/11/2017

    Pending

    MRED #09603697

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 8705 Ballard Road

    Taxable Value

    Land

    $6,133

    Additions

    $100,117
    Total$106,250

    Tax Record

    2023

    $23,036 ($1,920 / month)

    Home Facts

    Beds

    11

    Baths

    6

    Total Finished SqFt

    6,065 SqFt

    Above Grade Finished SqFt

    6,065 SqFt

    Lot Size

    61,332 SqFt

    Style

    Condominium

    Year Built

    1989

    Year Renovated

    1989

    County

    COOK

    APN

    09-14-308-019-1003

    Schools near 8705 Ballard Road

    This home is within East Maine School District 63.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 9 to 12
    Public - 9 to 12
    Private - 6 to 12
    Rating
    School
    Distance
    Mark Twain Elementary School
    PublicK to 5

    Maine East High School
    Public9 to 12

    Ralph J Frost Academy
    Public9 to 12

    Northridge Preparatory School
    Private6 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of RE/MAX Properties Northwest

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/21/2017 04:21 PM. 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.