Des Plaines, IL 60016,8807 Dee RD
$899,900
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4,928 SqFt
New

8807 Dee RD Des Plaines, IL 60016

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Michael Di Giovanni

Michael Di Giovanni

+1(773) 583-2274

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,928 sqft

Price per Sqft $182

MLS Listing ID 12554446

Year Built 1969

Annual Tax Amount $16,269

Tax Year 2023

Lot Dimensions 81X 87

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Cook

Area Des Plaines

Zoning MULTI

Rooms

Basement Finished

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Structure Type Concrete,Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jesus Vazquez of  RE/MAX City 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    South Elementary School

    Public | PK - 5

  • 10

    George Washington Elementary School

    Public | KG - 5

  • 9

    Central Elementary School

    Public | KG - 5

  • 9

    Iroquois Community School

    Public | KG - 8

  • 9

    Franklin Elementary School

    Public | KG - 5

  • 9

    George B Carpenter Elementary School

    Public | KG - 5

  • 9

    Ebinger Elementary School

    Public | KG - 8

  • 8

    Glen Grove Elementary School

    Public | 3 - 5

  • 8

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 8

    Eugene Field Elementary School

    Public | KG - 5

  • 8

    Melzer School

    Public | PK - 6

  • 7

    Mark Twain Elementary School

    Public | KG - 6

  • 7

    Washington Elementary School

    Public | PK - 6

  • 6

    North Elementary School

    Public | KG - 5

  • 5

    Orchard Place Elementary School

    Public | PK - 5

  • 5

    Apollo Elementary School

    Public | PK - 6

  • 5

    Stevenson School

    Public | KG - 6

  • 5

    V H Nelson Elementary School

    Public | KG - 6

  • 0

    Park View Montessori School - Mount Prospect

    Private | PK - KG

  • 0

    Our Lady of Destiny School

    Private | PK - 8

Middle Schools 9
  • 8

    Lincoln Middle School

    Public | 6 - 8

  • 8

    Emerson Middle School

    Public | 6 - 8

  • 8

    Springman Middle School

    Public | 6 - 8

  • 6

    Gemini Jr High School

    Public | 7 - 8

  • 0

    The Willows Academy

    Private | 6 - 12

  • 0

    Maryville Jen School

    Private | 7 - 12

  • 0

    North Cook Young Adult Academy

    Public | 6 - 12

  • 0

    Joseph Academy

    Private | 8 - 12

  • 0

    Northridge Preparatory School

    Private | 6 - 12

High Schools 4
  • 10

    Maine South High School

    Public | 9 - 12

  • 8

    Maine East High School

    Public | 9 - 12

  • 0

    Alternative Resource Center Arc

    Public | 9 - 12

  • 0

    Notre Dame College Preparatory

    Private | 9 - 12

School and business data provided by Attom Data.

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Michael Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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8807 Dee RD