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Listed by Andrzej Olszowkaof Troy Realty Ltd
$ 850,000
Est. payment /mo
New
1596 Oxford Lane Des Plaines, IL 60016
6 Beds
2 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $283
MLS Listing ID 12627380
Bedrooms 6
Full Baths 2
Annual Tax Amount $10,839
Tax Year 2024
Lot Size 0.690 Acres
Lot Dimensions 108X38X198X143X222
Property Sub-Type Detached Single
Property Description
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.
Location
State IL
County Cook
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Story 2 Stories
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 62, 62, 62
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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