Listing provided courtesy of Strauss Realty LtdMREDas Distributed by MLSGrid- MLS# 12194260
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Next to new apartment complex Ellison Apartments
1577 Ellinwood AvenueDes Plaines, IL 60016
Commercial$25
Active
1577 Ellinwood Avenue Overview
- Time on Site:
- 615 days
- Visits:
- 7
3,000 SF Commercial Building with Large Lot in the Heart of Downtown Des Plaines! Ideal for restaurant, brewery or fitness concept. This commercial building boasts a spacious front lot, perfectly positioned amidst a dynamic mix of retailers, new developments and residential mid/high-rises. Located adjacent to the property is the brand new Ellison Apartments (113 unit luxury building). Across the street is the Metra station (over 800,000 commuters monthly). The interior of the building features a soaring 20-foot ceiling, mezzanine, and bathrooms. The expansive concrete pad in front provides ample space for parking or an inviting outdoor patio. Des Plaines is a business-friendly community, offering Tax Increment Financing and Business Assistance Grants to help businesses succeed. Pass Throughs are $7 PSF.
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1577 Ellinwood Avenue Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Existing Lease Type: Net
- Fuel Expense: 0
- Gross Income: 0
- Gross Scheduled Income: 0
- Insurance Expense: 0
- Net Operating Income: 0
- Operating Expense: 0
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1923
Business Information
- Current Use: Commercial,Other
Location/Region
- County Or Parish: Cook
- MLS Area Major: Des Plaines
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $0.00
- Tax Year: 2023
General Information
- Property Type: Commercial Lease
- Zoning: COMMR
Interior
General Information
- Cooling: None
- Electric: Other
- Leasable Area: 3000
- Stories: 2
Unit Information
- Unit SqFt.: 3000
Exterior
Lot Information
- Lot Size Dimensions: 50'X80'
General Information
- Number Of Units Total: 0
1577 Ellinwood Avenue Neighborhood
Community
60016 (DES PLAINES) Demographics
42
Median Age
5,565
Population Density (per sq. mile)
50%
College Educated
$67,404
Estimated Median Income
15,812
Estimated Total Home Owners
7,538
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1577 Ellinwood Avenue Market Data
Based on the last 30 days in this zip code
$377,707
Average List Price
$283
Average Price per Square Foot
67
Properties Sold
47
Average Days on Market
186
Properties for Sale
1577 Ellinwood Avenue History
| Date | Value | Agent |
|---|---|---|
| 10/27/2024Source: MRED | Active |
|
| 10/22/2024Source: MRED | October 22, 2024 |