8713 Ballard Rd

Des Plaines, IL 60016

$1,200,000
Price
11
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

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...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.
  1. Listed by Marina Camenschi • HomeSmart Connect
    P: (773)-599-1999 mcos99@yahoo.com;marina@exactrealtychicago.com

Property Details for 8713 Ballard Road

Area
Des Plaines
Township
Maine
Air Conditioning Type
Central Air
Num of Interior Fireplaces
0
Zoning
COMMR
LISTING UPDATED: 05/02/2026 03:08 AM

Property Details for 8713 Ballard Road

StatusNew
MLS #12634779
Days on Market-
Taxes$23,036 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1989
Lot Size0.41 AC / 17,859 SF
CountyCook County
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Location

Listing Courtesy of HomeSmart Connect
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Building Information for 8713 Ballard Road

Stories3Residences6Year Built1989Building Size-Lot Size0.41 AC / 17,859 SF

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$7,962 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,043

Property Taxes

$1,920

HOA Dues

$0

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Property Information for 8713 Ballard Road

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Owner
  • Owner Pays: Trash Collection, Gas, Electricity, Hot Water
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Association Fee Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: None
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Heat/Ventilation: Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 6
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • # Of Dishwashers: 6
  • Num of Baths: 6.0
Utilities / Equipment
  • Water: Municipal Water
Property/Lot Information
  • Owners Association: Yes
  • Tenant Pays: Electricity, Heat, Water
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Size Source: County Records
  • Lot Dimensions: 357 x 181
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Roof Structure: Pitched
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 36
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $1,114.00
  • Fuel Expense: $1,003.00
  • Gross Income: $120,000.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Expense Year: 2025
  • Janitor Expense: 0
  • Total Monthly Income: 10000
  • Net Operating Income: $86,030.00
  • Operating Expense: $33,970.00
  • Other Expense: $.00
  • Trash Expense: $1,541.00
  • Water Sewer Expense: $1,484.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 5
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Baths Total: 1
  • 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

Public Records for 8713 Ballard Road

Taxable ValueLand$4,983Additions$80,016Total$84,999
Tax Record2023$23,036 ($1,920 / month)
Home Facts
Beds0Lot Size61,420 SqFtStyleCondominiumYear Built1989CountyCOOKAPN09-14-308-019-1007

Schools near 8713 Ballard Road

This home is within East Maine School District 63.
Rating
School
Type
Grades
Distance
Mark Twain Elementary School
Public - K to 5
Maine East High School
Public - 9 to 12
Ralph J Frost Academy
Public - 9 to 12
Northridge Preparatory School
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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More information about 8713 Ballard Road, Des Plaines, IL 60016

8713 Ballard Road is a multi-family home for sale in Des Plaines, IL 60016. This listing's school districts are Maine Township Hsd 207 School District, East Maine School District 63. Nearby schools include Mark Twain Elementary School, Maine East High School and Ralph J Frost Academy. 8713 Ballard Road is a 11-bed, 6-bath, multi-family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Connect

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 05/02/2026 03:08 AM. 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.