$899,900

8807 Dee Road, Des Plaines, IL 60016

Active
beds 0 baths Built 1969 Commercial Sale MLS #MRD12554446 211 days on market
Listing courtesy of RE/MAX City · 773-775-0600 · MLS #MRD12554446 · Status: Active
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. 5 of 6 units 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.

Property details

Interior

Basement
Finished

Building & exterior

Exterior
Concrete, Brick
Roof
Composition

Lot & location

Lot dimensions
81X 87
Township
Maine
County
Cook

Utilities

Cooling
Wall Sleeve
Electricity
Circuit Breakers

Taxes & terms

Annual taxes
$16,269 (2023)
Parcel number (PIN)
09153070850000
PIN
09153070850000
Possession
Closing
Listed
1/25/2026

What would this home cost per month?

Using this listing's actual tax bill (2023) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

Similar homes nearby

$659,900
3 bd · 3 ba · 1,096 sqft
1508 Potter Road, Park Ridge, IL 60068
$665,000
3 bd · 2 ba · 1,266 sqft
1505 Hoffman Avenue, Park Ridge, IL 60068
$750,000
8 bd · 0 ba
1465 N Northwest Highway, Park Ridge, IL 60068
Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

Ask About This Home →

Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

Based on information submitted to the MLS GRID as of 2026-08-26 02:23:03. 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. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use of this site's search and display of listing data is subject to our Terms of Use. Some listings have been excluded from this website.

Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited. © 2026 MRED. See our DMCA notice.

Call now Text Josh
Text Josh