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$975,000
51 Days On Site

8807 Dee Road
Des Plaines, IL 60016

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,928
SqFt
$198
/SqFt
1969
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX City
Call Now: 847.967.0022
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847.967.0022
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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. All units are 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.

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Listing Snapshot
Price 
$975,000
Days On Site 
51 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,928 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1969
MLS® Number 
12509082
Status 
Active
Property Tax 
$16,269.32
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active
2 months agoListing first seen on site
General Features
Additional Property Use 
Multi-Family
Number Of Stories 
2
Property Sub Type 
Multi Family
SqFt Total 
4928
Zoning 
MULTI
Interior Features
Basement 
Finished
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
ConcreteBrick
Roof 
Composition
Community Features
MLS Area 
Des Plaines
Township 
Maine
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX City



Based on information submitted to the MLS GRID as of 2025-12-22 10:55 PM 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: 2025-12-22 10:55 PM UTC
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Neighborhood & Commute
Source: Walkscore
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