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1605 S River Road Des Plaines, IL 60018 Commercial - Retail New

New - 12 Hours Ago
  • 1605 S River Road , Unit B, Des Plaines, IL 60018 Main Photo

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Description

Prime commercial opportunity at a highly trafficked Des Plaines intersection! Located on the hard corner of Oakton and River Road, this new-construction retail storefront or office space is currently a clean vanilla box, ready for your custom build-out. The property features a side yard for exclusive outdoor use and offers excellent business synergy with the adjacent name-brand franchise gas station. Parking is conveniently included in the rent. The City of Des Plaines, strategically branded as the City of Destiny, offers a premier environment for retail growth by combining world-class connectivity with a deeply stable economic base. Situated immediately adjacent to O'Hare International Airport and the I-294 corridor, the city serves as a critical regional hub, capturing a massive influx of daily commuters, corporate employees, and international travelers. This logistical advantage is paired with a diverse and affluent residential population boasting a median household income of approximately $97,875, ensuring that local businesses have access to a consumer base with significant discretionary spending power. The city's commitment to commercial success is evidenced by its aggressive 2026 revitalization initiatives, including multi-million-dollar investments in the downtown theater district and the modernization of the Northwest Highway corridor, which continue to drive foot traffic and increase property values across the area. At 1605 S River Rd, businesses benefit from being at the epicenter of this activity, occupying a high-visibility hard corner that bridges the gap between Des Plaines' residential neighborhoods and its bustling industrial and transit sectors. The community is notably multicultural, with a vibrant demographic creating a unique demand for a wide variety of specialized retail, international services, and diverse dining options.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1967

General Information

County: Cook
Listed By:
Coldwell Banker Realty 630-954-4600
MRED MLS
$4,000,000
Est. $26,698/mo
New to the Market New
SQUARE FEET1,100 MLS#12691144
STATUSNew PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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1605 S River Road , Unit B, Des Plaines, IL 60018.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $4,000,000$4,000,000
Down Payment $140,000$800,000
Monthly Mortgage Amount $23,864$19,964
Taxes $5567$5567
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,399$0
Monthly Estimated Total $32,997$26,698

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