For Sale
$3,500,000

1217 Thacker St Des Plaines, IL 60016

188,903 SF Vacant Office/Industrial Building

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 188,903-square-foot Class A commercial property, located at 1217 E. Thacker Street in Des Plaines, Illinois, presents a significant investment opportunity. Currently vacant, this building offers unparalleled potential for redevelopment or repositioning. Situated on a substantial 4.34-acre lot, the property is zoned M-2/C-3, allowing for a wide range of uses. The asking price is $3,500,000, translating to a price per square foot of $18.53. The property's prime location within the Des Plaines/Arlington Heights Corridor benefits from ongoing investment and development in the area. The scarcity of comparable Class A properties in this submarket makes this a particularly attractive opportunity for developers seeking to capitalize on the large scale and excellent connectivity of this location. The substantial size and flexible zoning make this property ideal for a variety of projects, including a ground-up multifamily development. This is a rare chance to acquire a significant asset in a thriving market. The property's address is 1217 E. Thacker Street, Des Plaines, IL 60016, within Cook County. The property's size and location offer significant upside potential for the right investor. This is a unique opportunity to acquire a large-scale, well-located property in a dynamic market.

Highlights

  • $3,500,000 asking price.
  • Class A, vacant 188,903 SF office/industrial building.
  • $18.53/SF price.
  • M-2/C-3 zoning.
  • 4.34-acre lot in Des Plaines, IL (Cook County).
  • Located in the Des Plaines/Arlington Heights Corridor.

Property Details for 1217 Thacker St

Property type
Office properties, Industrial properties
Square Feet
188,903 SF
Class
A
Lot Size (sq. ft)
189,050 SF

Location Insight

City
Des Plaines
County
Cook
State
Illinois
Latitude
42.0372018
Longitude
-87.8940151

FAQs

What type of property is this?
Office property - 188,903 SF Vacant Office/Industrial Building
Where is the office property located?
The property is located at 1217 Thacker St Des Plaines, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: $3,500,000 asking price.; Class A, vacant 188,903 SF office/industrial building.; $18.53/SF price.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1217 Thacker St
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