Bob Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Development Opportunity with Income - Des Plaines Corner parcel located at E Oakton St. & Oxford Rd. offering approximately 0.69 acres (30,000+ SF) with high visibility and traffic exposure. Irregular lot dimensions (108X38X198X143X222) provide flexibility for redevelopment. Existing two-story structure includes two units (non-conforming/unverified), fully rented with below-market rents: 4-bedroom unit 2-bedroom unit Total income: $4,000/month Property allows for immediate income while planning future development. Potential uses include townhomes, apartments, or condominiums (buyer to verify zoning). Public water and sewer available. Close to downtown Des Plaines, Metra, O'Hare, and major highways. Call Listing Broker for additional details.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 3,000
Garage Size: 2
School District: District 62
General Information
Bedrooms: 6
Bathrooms: 2
Sqft: 3,000
County: Cook
Listed By:
Troy Realty Ltd
773-792-3000
MRED MLS
MLS ID: 12627380
Room Information
Kitchen- 2nd: 14X16
Bedroom 5: 11X11
Bedroom 6: 11X10
Bedroom 2: 16X11
Bedroom 3: 11X13
Bedroom 4: 12X12
Kitchen: 14X18
Primary Bedroom: 12X12
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1596 Oxford Lane , Des Plaines, IL 60016.
Mortgage Calculator
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $850,000 | $850,000 | $850,000 |
| Down Payment | $170,000 | $29,750 | $212,500 |
| Monthly Mortgage Amount | $4,022 | $5,071 | $5,167 |
| Taxes | $1183 | $1183 | $1183 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $374 | $0 |
| Monthly Estimated Total | $5,453 | $6,876 | $6,598 |
Bob Kelly
REALTOR®
Cell: (563) 650-2168
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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