8713 W Ballard Road, Des Plaines, IL

$1,200,000

Overview

  • 637275
  • Property ID
  • Updated On:
  • May 4, 2026
  • 0 ft2
  • Property Lot Size

Description

Well-maintained 6-unit, fully occupied multifamily building in Des Plaines offering strong, consistent cash flow. The property generates approximately $120,000+ in annual income with an estimated NOI of $84,000/year. All units are tenant-occupied with long-term tenancy ranging from 10-25+ years, providing stability and minimal turnover. Tenants pay all utilities, helping to keep operating expenses low. Additional income is generated through coin-operated laundry. The property includes parking for all units and has seen major system updates, including a new roof that will be installed by mid May, contributing to overall maintenance and longevity. This is an excellent opportunity for investors seeking a stable, income-producing asset in a desirable suburban Chicago location. Property is being sold AS-IS. IF INTERESTED IN VIEWING THE BUILDING, SHOWINGS WILL BE CONDUCTED ON SATURDAY, 5/9/26 FROM 10-1 PM.

Climate Control
Air Conditioning
Other Features
Brick
Central Air
Circuit Breakers
Composition
Concrete Perimeter
Electricity
Heat
Municipal Water
Water

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$6,152.64
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 4,652.64

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Information for the property at 8713 W Ballard Road, Des Plaines, IL, 60016 (Property ID: 637275) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi