Development Opportunity with Income - Des Plaines Corner parcel located at E Oakton St. & Oxford Rd. offering approximately 0.69 acres (30,000+ SF) with high visibility and traffic exposure. Irregular lot dimensions (108X38X198X143X222) provide flexibility for redevelopment. Existing two-story structure includes two units (non-conforming/unverified), fully rented with below-market rents: 4-bedroom unit 2-bedroom unit Total income: $4,000/month Property allows for immediate income while planning future development. Potential uses include townhomes, apartments, or condominiums (buyer to verify zoning). Public water and sewer available. Close to downtown Des Plaines, Metra, O'Hare, and major highways. Call Listing Broker for additional details.
Property Features
Parking
Detached
Garage
Cooling Information
Central Air
Heating Information
Natural Gas
Water Features
Public
Basement
None
Listing Courtesy: Troy Realty Ltd - 773-792-3000
Based on information submitted to the MLS GRID as of 2026-04-25 02:31:43. 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 Updated: 2026-04-25 02:31:43
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008