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24 S River Rd 5,280 SF Vacant Office Building Des Plaines, IL 60016 $1,040,618 CAD ($197.09 CAD/SF)
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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,325
|
$18.81
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,325
|
$18.81
|
| Taxes |
$61,843
|
$11.71
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$61,843
|
$11.71
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,325 |
| Annual Per SF | $18.81 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,325 |
| Annual Per SF | $18.81 |
| Taxes (CAD) | |
|---|---|
| Annual | $61,843 |
| Annual Per SF | $11.71 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $61,843 |
| Annual Per SF | $11.71 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,280 SF
Building Class
C
Year Built
1988
Price
$1,040,618 CAD
Price Per SF
$197.09 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,280 SF
Building FAR
0.38
Lot Size
0.32 AC
Zoning
LI - Office/light industrial. M zoning. Village open to zoning change to B-Business.
Parking
15 Spaces (2.84 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
- Reception
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- 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 | SF Occupied | Rent/SF | 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 | $199,106 CAD |
| Land Assessment | $66,973 CAD | Annual Taxes | $61,843 CAD ($11.71 CAD/SF) |
| Improvements Assessment | $132,133 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
09-17-200-024-0000
Land Assessment
$66,973 CAD
Improvements Assessment
$132,133 CAD
Total Assessment
$199,106 CAD
Annual Taxes
$61,843 CAD ($11.71 CAD/SF)
Tax Year
2025
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24 S River Rd
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