Property photo 1
0 Beds
4,928 sqft

$899,900

8807 Dee Road, Des Plaines IL, 60016

Price per sqft$182.61
Built in1969
Property size4,928 sqft
Property typeMulti-family
Listed by Jesus Vazquez with RE/MAX City 773-775-0600

Overview

Active

Listed Jan 25, 2026

Updated 3 weeks ago

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.

$5,987/mo

Est. mortgage payment based on a $899,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12554446

Interior Features

Bedrooms
0
Cooling
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$16,269
Tax Frequency
Annually
MLS provider logo

Listed by Jesus Vazquez with RE/MAX City 773-775-0600

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Sandy Hunter are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 4:23 AM UTC on 9/15/2026. 

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