$975,000
Price
9
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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. All units are currently rented, providing immediate income, yet the property still offers clear value-add potential with some below-market rents and flexible month-to-month...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. All units are 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.
  1. Listed by Jesus Vazquez • RE/MAX City
    P: (773)-297-0457 jvaz287097@outlook.com;Bouvardiaproperties@gmail.com

Property Details for 8807 Dee Road

Area
Des Plaines
Township
Maine
Air Conditioning Type
Wall Sleeve
Zoning
MULTI
LISTING UPDATED: 12/04/2025 12:07 AM

Property Details for 8807 Dee Road

StatusActive
MLS #12509082
Days on Market64
Taxes$16,269 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1969
Lot Size0.18 AC / 7,822 SF
CountyCook County

Location

Listing Courtesy of RE/MAX City
Add your commute

Building Information for 8807 Dee Road

Stories2Residences6Year Built1969Building Size-Lot Size0.18 AC / 7,822 SF

Payment Calculator

$6,174 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,818

Property Taxes

$1,356

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8807 Dee Road

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Finished
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Heat/Ventilation: Central Bldg Heat,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 6.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 81X 87
  • Lot Size Square Feet: 7822.0
  • Stories: 2
  • Construction: Concrete, Brick
  • Roof Type: Composition
  • Building Area Total: 4928
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: Yes
Property and Assessments
  • Possible Use: Condominium
  • Buyer Financing: Conventional, Owner May Help/Assist, Cash
  • Public Document Count: 0
  • Photos Count: 1
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Location: Shopping Mall,Free Standing/Urban
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: $300.00
  • Fuel Expense: $3,180.00
  • Gross Income: $117,900.00
  • Gross Scheduled Income: $117,900.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 9825
  • Water Expense Source: Actual
  • Net Operating Income: $106,380.00
  • Operating Expense: $11,520.00
  • Other Expense: $.00
  • Trash Expense: $2,640.00
  • Water Sewer Expense: $5,400.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • 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: 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 Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 8807 Dee Road

DateEvent & SourcePriceAppreciation
Nov 28, 2025

Listed (Active)

MRED #12509082

$975,000
Nov 6, 2025

Temporarily Off Market

MRED #12509082

$975,000
Oct 31, 2025

Listed (Active)

MRED #12509082

$975,000
Feb 14, 2022

Sold (Public Record)

Public Record #1485479436

$680,000
Feb 14, 2022

Sold

MRED #11291948

$680,000
Jan 10, 2022

Pending

MRED #11291948

Dec 27, 2021

Contingent

MRED #11291948

Dec 27, 2021

Pending

MRED #11291948

Dec 26, 2021

Contingent

MRED #11291948

Dec 20, 2021

Listed (Active)

MRED #11291948

$649,900
DateEvent & SourcePrice
11/28/2025

Listed (Active)

MRED #12509082

$975,000
11/06/2025

Temporarily Off Market

MRED #12509082

$975,000
10/31/2025

Listed (Active)

MRED #12509082

$975,000
02/14/2022

Sold (Public Record)

Public Record #1485479436

$680,000
02/14/2022

Sold

MRED #11291948

$680,000
01/10/2022

Pending

MRED #11291948

12/27/2021

Contingent

MRED #11291948

12/27/2021

Pending

MRED #11291948

12/26/2021

Contingent

MRED #11291948

12/20/2021

Listed (Active)

MRED #11291948

$649,900

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

Public Records for 8807 Dee Road

Taxable ValueLand$5,084Additions$54,947Total$60,031
Tax Record2023$16,269 ($1,356 / month)
Home Facts
Baths6Total Finished SqFt4,928 SqFtAbove Grade Finished SqFt4,928 SqFtStories2Lot Size7,822 SqFtStyleMulti-Family Res (5+ Units)Year Built1969CountyCOOKAPN09-15-307-085

Schools near 8807 Dee 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 - 2 to 8
Rating
School
Distance
Apollo Elementary School
PublicK to 5

Maine East High School
Public9 to 12

Ralph J Frost Academy
Public9 to 12

Laureate Day School
Private2 to 8

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.

Similar Homes

Similar Sold Homes

8807 Dee Road is a multi-family home for sale in Des Plaines, IL 60016. This property was listed for sale on October 31, 2025 by RE/MAX City, it's currently listed at $975,000. It has been on the market for a total of 64 days and was last sold on February 14, 2022. This listing's school districts are Maine Township Hsd 207 School District, East Maine School District 63. Nearby schools include Apollo Elementary School, Maine East High School and Ralph J Frost Academy. 8807 Dee Road is a 9-bed, 6-bath, multi-family home built in 1969.

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 RE/MAX City

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 12/04/2025 12:07 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.