Active
9 beds
8807 Dee Rd, Des Plaines, IL 60016
Est: $6,006/moGet pre-approved
Multi FamilyProperty Type
0.18 acresLot Size
1969Year Built

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. 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...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.
241 days on Market
  • Listed by: Jesus Vazquez 773.297.0457 jvaz287097@outlook.com;Bouvardiaproperties@gmail.com • RE/MAX City
Last updated: 09/13/2026 08:02 PM • Source: MRED as distributed by MLS GRID, MLS#: 12554446

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$6,006 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,650

Property Taxes

$1,356

HOA Dues

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Property Information for 8807 Dee Road

Property Details
  • Taxes: $16,269 / year
  • MLS Type: Multi Family 5+ / Flats
  • County: Cook County
  • Area: Des Plaines
  • Township: Maine
  • Air Conditioning Type: Wall Sleeve
  • Zoning: MULTI
Building Information
  • Stories: 3
  • Residences: 6
  • Year Built: 1969
  • Lot Size: 0.18 AC / 7,822 SF
General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: Short Notice OK,Show-Lock Box
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: 3
  • Exterior Building Type: Concrete, Brick
  • 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, Cash, Other
  • Public Document Count: 1
  • Document Date: 2026-01-25T20:08:30
  • Photos Count: 1
  • Deconversion: N
  • OpenHouse Count: 2
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: $54,600.00
  • Gross Scheduled Income: $54,600.00
  • Insurance Expense: $3,776.00
  • 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: 4550
  • 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
Aug 21, 2026

Listed (Active)

MRED #12554446

$899,900
Apr 15, 2026

Pending

MRED #12554446

Mar 11, 2026

Listed (Active)

MRED #12554446

$899,900
DateEvent & SourcePrice
08/21/2026

Listed (Active)

MRED #12554446

$899,900
04/15/2026

Pending

MRED #12554446

03/11/2026

Listed (Active)

MRED #12554446

$899,900

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

Public Records for 8807 Dee Road

Taxable ValueLand$6,258Additions$70,742Total$77,000
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 Built1969Year Renovated1969CountyCOOKAPN09-15-307-085-0000

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

8807 Dee Road is a multi-family home for sale in Des Plaines, IL 60016. This property was listed for sale on January 25, 2026 by RE/MAX City, it's currently listed at $899,900. It has been on the market for a total of 241 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 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 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 09/13/2026 08:02 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.