SaveAskTourHide$945,00017 Days On Site
8807 Dee RoadDes Plaines, IL 60016For Sale|Multi Family|Active0Beds0Total Baths4,928SqFt$192/SqFt1969BuiltCounty:CookListing Courtesy of MRED as distributed by MLS Grid of RE/MAX CityDue to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Call Now: (312) 999-0217Is this the listing for you? We can help make it yours.(312) 999-0217SaveAskTourHideWelcome 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.
SaveAskTourHideListing SnapshotPrice$945,000Days On Site17 DaysBedroomsN/AInside Area (SqFt)4,928 sqftTotal BathsN/AFull BathsN/APartial BathsN/ALot SizeN/AYear Built1969MLS® Number12537509StatusActiveProperty Tax$16,269.32HOA/Condo/Coop FeesN/ASq Ft SourceN/AFriends & FamilyRecent Activity
2 weeks ago Listing updated with changes from the MLS® 2 weeks ago Status changed to Active 2 weeks ago Listing first seen on site General FeaturesAdditional Property UseMulti-FamilyNumber Of Stories3Property Sub TypeMulti FamilySqFt Total4928ZoningMULTIInterior FeaturesBasementFinishedElectricCircuit BreakersSaveAskTourHideExterior FeaturesConstruction DetailsConcreteBrickRoofCompositionCommunity FeaturesMLS AreaDes PlainesTownshipMaineListing Courtesy of MRED as distributed by MLS Grid of RE/MAX City
Based on information submitted to the MLS GRID as of 2026-01-15 03:58 AM UTC. 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.
Last checked: 2026-01-15 03:58 AM UTC
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