Contact us: 563.441.1776
Description
Rare Shovel-Ready Development Opportunity in the Heart of Downtown Des Plaines! An exceptional opportunity for a developer or builder to take over a fully entitled project in one of Chicago's most active suburban markets. The current owner has completed the extensive entitlement process, and the sale includes approved plans and permits, allowing the next owner to begin construction without the time, expense, and uncertainty typically associated with development approvals. Perfectly positioned in Des Plaines' thriving downtown district, this site offers an outstanding walkable location just steps from the Des Plaines Metra station, making commuting to downtown Chicago exceptionally convenient. Future residents will enjoy easy access to Metropolitan Square, the Des Plaines Public Library, neighborhood parks, grocery stores, coffee shops, boutique shopping, and an expanding collection of popular restaurants, and local businesses. With numerous new restaurants, retail establishments, and mixed-use developments continuing to open nearby, the area is experiencing tremendous growth and investment. Whether you're an experienced developer looking to accelerate your next project or a builder seeking a streamlined path from acquisition to construction, this is a unique opportunity to acquire a shovel-ready development in one of the Northwest suburbs' most desirable and rapidly evolving downtown locations. Opportunities like this are increasingly rare-capitalize on the months of planning and approvals already completed and bring this exciting project to life.
Property Highlights
Property Type: Commercial - Business
Building Description: 4.0 stories
Year Built: 2026
General Information
County: Cook
Listed By:
@properties Christie's International Real Estate
847-692-5522
MRED MLS
MLS ID: 12714041
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1345 E Prairie Avenue , Des Plaines, IL 60016.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $999,900 | $999,900 | $999,900 |
| Down Payment | $199,980 | $34,997 | $249,975 |
| Monthly Mortgage Amount | $4,990 | $6,045 | $6,227 |
| Taxes | $1392 | $1392 | $1392 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $600 | $0 |
| Monthly Estimated Total | $6,674 | $8,329 | $7,911 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/25/2026. The listing information on this page last changed on 07/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/25/2026 1:41:08 AM EST) or MRED MLS (last updated Sat 07/25/2026 1:36:07 AM EST) or SCWMLS (last updated Fri 07/24/2026 11:54:48 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 07/24/2026 10:16:08 PM EST) or Cedar Rapids MLS (last updated Fri 07/24/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Sat 07/25/2026 1:18:42 AM EST) or ICAAR MLS (last updated Fri 07/24/2026 11:37:37 PM EST) or ECIMLS (last updated Fri 07/24/2026 11:44:35 PM EST) or RMLSA (last updated Sat 07/25/2026 1:10:56 AM EST) or Muscatine MLS (last updated Sat 07/25/2026 1:30:09 AM EST) or No Coast MLS (last updated Sat 07/25/2026 12:44:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
Privacy Policy / DMCA Notice / ADA Accessibility
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