8807 Dee, Des Plaines IL 60016
Property 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 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.
Features & Information
Key Details
- List Price $975,000
- Property Taxes $16,269.32
- Price/ Sq. Ft. Unavailable
- Year Built 1969
- Status Re-activated
Building Information
- Age of Building Older
- Exterior Construction Brick
- Heating & Cooling Central Bldg Heat, Gas
Location
- County Cook
- Directions to Property Milwaukee West 2 Golf Rd South 2 Dee Rd 2 The Property
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Property Taxes
- Tax 16269.32
- Parcel Identification Number 09153070850000
Listed by: RE/MAX City | Phone: 773.775.0600
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/4/2025 6:32 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.
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