SaveAskTourHide$1,200,000New Listing
8713 W Ballard RoadDes Plaines, IL 60016For Sale|Multi Family|Active0Beds0Total Baths1989BuiltCounty:CookListing Courtesy of MRED as distributed by MLS Grid of HomeSmart ConnectDue 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) 999-0217SaveAskTourHideWell-maintained 6-unit, fully occupied multifamily building in Des Plaines offering strong, consistent cash flow. The property generates approximately $120,000+ in annual income with an estimated NOI of $84,000/year. All units are tenant-occupied with long-term tenancy ranging from 10-25+ years, providing stability and minimal turnover. Tenants pay all utilities, helping to keep operating expenses low. Additional income is generated through coin-operated laundry. The property includes parking for all units and has seen major system updates, including a new roof that will be installed by mid May, contributing to overall maintenance and longevity. This is an excellent opportunity for investors seeking a stable, income-producing asset in a desirable suburban Chicago location. Property is being sold AS-IS.
SaveAskTourHideListing SnapshotPrice$1,200,000Days On Site0 DaysBedroomsN/AInside Area (SqFt)N/ATotal BathsN/AFull BathsN/APartial BathsN/ALot Size0.41 AcresYear Built1989MLS® Number12634779StatusActiveProperty Tax$23,036HOA/Condo/Coop FeesN/ASq Ft SourceN/AFriends & FamilyRecent Activity
7 hours ago Listing updated with changes from the MLS® 11 hours ago Listing first seen on site General FeaturesAcres0.41FoundationConcrete PerimeterNumber Of Stories3Property Sub TypeMulti FamilyZoningCOMMRInterior FeaturesBasementNoneCoolingCentral AirElectricCircuit BreakersSaveAskTourHideExterior FeaturesConstruction DetailsBrickRoofCompositionCommunity FeaturesMLS AreaDes PlainesTownshipMaineListing Courtesy of MRED as distributed by MLS Grid of HomeSmart Connect
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Based on information submitted to the MLS GRID as of 2026-05-02 02:06 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: 2026-05-02 02:06 AM UTC
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