2800 River RdDes Plaines, IL 60018

Property Details for 2800 River Rd

Year built

1984

Lot size

1.25 AC

Property type

Office buildings

APN

09-33-401-013

APU

933401013

Description

This exceptional five-story executive office building, located at 2800 S River Rd in Des Plaines, IL (zip code 60018), offers a variety of flexible spaces ideal for businesses of all sizes. The building totals 99,000 square feet, with multiple tenancy options available. Individual suites range from a minimum of 1,410 square feet to a maximum contiguous space of 3,338 square feet, with 9,025 square feet currently vacant. The property boasts a striking five-story atrium lobby featuring a vibrant living garden, enhancing the professional atmosphere. Amenities include a convenient conference room and a tenant lounge, catering to the needs of modern businesses. Covered indoor and outdoor parking is provided for added convenience. The building enjoys excellent visibility and accessibility, with immediate access to major expressways, I-294 and I-90. Its strategic location in the Suburban - O'Hare submarket of Cook County places it minutes from O'Hare International Airport, Rivers Casino, Donald E. Stephens Convention Center, Allstate Arena, and the Chicago Prime Outlets, offering unparalleled convenience and connectivity. This prime location provides exceptional visibility and easy access for employees and clients alike. The building features elevators for convenient access to all floors.

• CAP approach

  CAP return

  Valuation

  6%

  $16,390,350

  6.5%

  $15,129,553

  7%

  $14,048,871

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,092,112

  Geo Method

  $7,092,112

• Alternative Use

  Use

  Valuation

  Residential

  $18,760,646

  Hospitality

  $17,184,652

  Educational

  $14,297,428

  Medical

  $14,789,138

  Retail

  $22,240,444

Location Insight

City

Des Plaines

County

Cook

State

Illinois

Latitude

42.0023

Longitude

-87.8654

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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