1275 Lee Street

Des Plaines, IL 60018

$1,999,999
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

3-acre property with a 7,000 sq. ft. building on an extremely busy location minutes from downtown Des Plaines, O'Hare airport, Rivers Casino, and Allstate Arena. The location offers 250 feet of frontage on Lee St/ Manheim road with ample parking. Zoned C-3 and can accommodate a variety of businesses including but not limited to; banks and financial institutions, Pharmacies/Drug Stores, Business & Professional Offices, Retail Goods & Services, and more. Lease - Triple Net3-acre property with a 7,000 sq. ft. building on an extremely busy location minutes from downtown Des Plaines, O'Hare airport, Rivers Casino, and Allstate Arena. The location offers 250 feet of frontage on Lee St/ Manheim road with ample parking. Zoned C-3 and can accommodate a variety of businesses including but not limited to; banks and financial institutions, Pharmacies/Drug Stores, Business & Professional Offices, Retail Goods & Services, and more. Lease - Triple Net
  1. Listed by Sarah McLean • Coldwell Banker Realty

Property Details for 1275 Lee Street

Area
Des Plaines
Zoning
COMMR

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 02/11/2024 12:28 AM

Property Details for 1275 Lee Street

StatusActive
MLS #11974597
Days on Market149
Taxes$89,539 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1977
Lot Size2.87 AC / 125,000 SF
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 1275 Lee Street

Stories-Residences1Year Built1977Lot Size2.87 AC / 125,000 SF

Payment Calculator

$18,376 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$7,462

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1275 Lee Street

General Information
Addtl Parking Information
  • Outdoor Parking: Over 100 Spaces
Location and General Information
  • Geographic Locale: O'Hare,Northwest Suburban
  • Information: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 231X544
  • Lot Size Square Feet: 125000.0
  • Stories: 1
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 7000
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 3
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1275 Lee Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1275 Lee Street

Taxable ValueLand$61,712Additions$6,750Total$68,462
Tax Record2022$17,616 ($1,468 / month)
Home Facts
Lot Size18,608 SqFtStyleMiscellaneous CommercialYear Built1962CountyCOOKAPN09-20-400-043

Schools near 1275 Lee Street

This home is within Community Consolidated School District 62.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Forest Elementary School
PublicPK to 5

Algonquin Middle School
Public6 to 8

Maine West High School
Public9 to 12

Iroquois Community School
PublicK 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

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Similar Sold Homes

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1275 Lee Street is a mixed use property for sale in Des Plaines, IL 60018. This property was listed for sale on February 5, 2024 by Coldwell Banker Realty, it's currently listed at $1,999,999. It has been on the market for a total of 149 days and was last sold on December 21, 2018. This listing's school districts are Community Consolidated School District 62, Maine Township Hsd 207 School District. Nearby schools include Forest Elementary School, Algonquin Middle School and Maine West High School. 1275 Lee Street is a 0-bed, 0-bath, mixed use property built in 1977.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

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.