IL
Cook
Des Plaines
60016
8713 W Ballard Road
8713 W Ballard Road, Des Plaines, IL 60016
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Listing Type
Commercial/Industrial
Listing Status
Active
36
$1,200,000

Home Details for 8713 W Ballard Road

Price
$1,200,000
Type
Commercial Sale
Year built
1989
Lot size acres
0.41
County
Cook
Basement
None
MLS Listing#
12634779
Property Description

Well-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.

Property Features
  • Cooling Information
    • Central Air
  • Basement
    • None
Listing Courtesy: HomeSmart Connect - 847-495-5000
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-05-02 02:50:48. 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: 2026-05-02 02:50:48
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
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773 250 7410
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