O'Neil Property Group
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$899,900
241 Days On Site

8807 Dee Road
Des Plaines, IL 60016

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,928
SqFt
$183
/SqFt
1969
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX City
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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. 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.

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Listing Snapshot
Priceย 
$899,900
Days On Siteย 
241 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
4,928 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
1969
MLSยฎ Numberย 
12554446
Statusย 
Active
Property Taxย 
$16,269.32
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLSยฎ
4 weeks agoStatus changed to Active
8 months agoListing first seen on site
General Features
Additional Property Useย 
Multi-Family
Property Sub Typeย 
Multi Family
SqFt Totalย 
4928
Zoningย 
MULTI
Interior Features
Basementย 
Finished
Electricย 
Circuit Breakers
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Exterior Features
Construction Detailsย 
ConcreteBrick
Roofย 
Composition
Community Features
MLS Areaย 
Des Plaines
Townshipย 
Maine
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX City



Based on information submitted to the MLS GRID as of 2026-09-24 06:17 AM 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: 2026-09-24 06:17 AM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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