8713 W Ballard Road, Des Plaines, IL 60016

Closed

beds 0 baths Built 1989 Commercial Sale MLS #MRD12634779 15 days on market

Listing courtesy of HomeSmart Connect · 847-495-5000 · MLS #MRD12634779 · Status: Closed

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 details

Interior

Fireplaces: 0
Basement: None

Building & exterior

Exterior: Brick
Roof: Composition
Foundation: Concrete Perimeter

Lot & location

Lot dimensions: 357 x 181
Township: Maine
County: Cook

Utilities

Cooling: Central Air
Water: Municipal Water
Electricity: Circuit Breakers

HOA & community

Assessment includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Taxes & terms

Annual taxes: $23,036 (2023)
Parcel number (PIN): 09143080191007
PIN: 09143080191007
Possession: Closing
Listed: 5/1/2026
Sold: 7/1/2026
Sold price: $1,232,500

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 2026-09-05 00:59:03. 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.