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24 S River Rd 5,280 sq ft 100% Let Office Property Des Plaines, IL 60016 £568,053 (£107.59/sq ft)
Executive Summary
Fully Rented and 100% occupied all brick updated single story office building laid out as three offices. Tenants pay all utilities except water. This is a well maintained and turnkey opportunity. Keep as a rental or owner occupy as a dental office, doctor office or get creative. Terrific office space for almost any business or redevelop the land to increase possibles. Great location just north of downtown & close to everything. On-site 15 parking spaces. Gross yearly income of $71,586. Tenants' leases expire 1/2027, 9/2026, 6/2026. Suite100/200 $3,400, Suite 300 $1200, and suite 400 $1,365.50. Inquire with questions or additional information.
Financial Summary (Actual - 2025) |
Annual | Annual Per sq ft |
|---|---|---|
| Gross Rental Income |
£54,219
|
£10.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£54,219
|
£10.27
|
| Taxes |
£33,759
|
£6.39
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£33,759
|
£6.39
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | £54,219 |
| Annual Per sq ft | £10.27 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £54,219 |
| Annual Per sq ft | £10.27 |
| Taxes | |
|---|---|
| Annual | £33,759 |
| Annual Per sq ft | £6.39 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | £33,759 |
| Annual Per sq ft | £6.39 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Office
Property Subtype
Property Size
5,280 sq ft
Costar Property Class
C
Year Built
1988
Price
£568,053
Price per sq ft
£107.59
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
5,280 sq ft
Plot ratio
0.38
Total Plot Size
0.32 ac
Use Class
LI - Office/light industrial. M zoning. Village open to zoning change to B-Business.
Parking
15 Spaces (2.84 Spaces per 1,000 sq ft Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
- Reception
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- 24 Des Plaines LLC
- -
- -
- -
- -
-
- Public Administration
- -
- -
- -
As State Representative, Moylan works tirelessly on issues affecting the families of the 55th District. Moylan currently serves on the Cities & Villages, Economic Development, Transportation: Regulations &Roads and Transportation: Vehicles & Safety Committees.
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| 24 Des Plaines LLC | - | - | - | - | ||
|
|
Public Administration | - | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 09-17-200-024-0000 | Total Assessment | £108,688 |
| Land Assessment | £36,559 | Annual Taxes | £33,759 (£6.39/sq ft) |
| Improvements Assessment | £72,129 | Tax Year | 2025 |
Property Taxes
Parcel Number
09-17-200-024-0000
Land Assessment
£36,559
Improvements Assessment
£72,129
Total Assessment
£108,688
Annual Taxes
£33,759 (£6.39/sq ft)
Tax Year
2025
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24 S River Rd
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