Des Plaines, IL | Mixed Use | Prime Location

Des Plaines, IL is located in Cook County approximately 20 miles northwest of downtown Chicago along the Des Plaines River. A town rich with history dating to 1835, Des Plaines is currently home to 58,000 residents and enjoys a great location easily accessible by I-90, I-294, & Metra. Large local employers include Honeywell UOP, Holy Family Medical Center, & Rivers Casino. 1440 Miner's located literally across the street from the train station in a high density district in downtown Des Plaines, an inviting and walkable neighborhood with numerous entertainment and dining options.33 Realty's pleased to present for sale a value add mixed use opportunity at 1430-1440 Miner St in Des Plaines, IL. Consisting of 4 apartments and 4 retail storefronts (2 are occupied by restaurant) the property's extremely well located in downtown Des Plaines across the street from the train station and adjacent to both Metropolitan Square and City Hall. The entire rear of the building was painted with a fresh coat of white paint in spring 2023. The property's fully occupied and leased at below market rents, presenting a rare available and excellent opportunity to add value with rent increases over time to the commercial tenants and immiedate strategic renovation of the apartment units. Zoned for 4 stories, there's a real opportunity to build an additional 2 floors of apartments above. The building's surrounded by new development including Class A apartments and just across the street from the classic Des Plaines Theater, which was purchased by the village and underwent $6M renovation in 2022.