15120 South Des Plaines Street

Plainfield, IL 60544

$2,750,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Trophy Mixed-Use Property in Historic Downtown Plainfield. Seize this rare opportunity to own a prime mixed-use property in the heart of Downtown Plainfield, located at the bustling corner of Des Plaines and Chicago Streets. This property features office space, retail units, and an end-cap restaurant, making it ideal for diverse income streams. With high foot traffic and exceptional visibility, the building has a proven track record of generating consistent income and long-term occupancy. Originally...Trophy Mixed-Use Property in Historic Downtown Plainfield. Seize this rare opportunity to own a prime mixed-use property in the heart of Downtown Plainfield, located at the bustling corner of Des Plaines and Chicago Streets. This property features office space, retail units, and an end-cap restaurant, making it ideal for diverse income streams. With high foot traffic and exceptional visibility, the building has a proven track record of generating consistent income and long-term occupancy. Originally rebuilt in 2003 with phenomenal construction, this property blends modern amenities with historic charm. The roof was re-coated in August 2023 with a silicone membrane. Facade of building has new brick June 2022. 3 Ton Trane rooftop unit w/economizer and power outlet(Dec 2018). It sits directly across from Village Green Park and offers private parking-a rare find in this vibrant area. Whether for retail, office use, or dining, this property stands out as a premier investment opportunity in one of Plainfield's most sought-after locations. Don't miss your chance!
  1. Listed by Mark Batinick • RE/MAX Professionals Select
  2. Listed by Jennifer Conte • RE/MAX Professionals Select

Property Details for 15120 South Des Plaines Street

Area
Plainfield
Township
Plainfield
Zoning
COMMR
LISTING UPDATED: 10/28/2024 12:25 AM

Property Details for 15120 South Des Plaines Street

StatusActive
MLS #12193571
Days on Market31
Taxes$32,140 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1947
Lot Size0.37 AC / 16,027 SF
CountyWill County

Building Information for 15120 South Des Plaines Street

Stories2Residences11Year Built1947Lot Size0.37 AC / 16,027 SF

Property Information for 15120 South Des Plaines Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Southwest Suburban
  • Information: List Broker Must Accompany,Show-Call Listing Office,No Sign on Property,Highly Confidential
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Varies
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
  • Misc Outside: Accessible Entrance,Handicapped Design
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water to Site
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: Yes
  • Approximate Age: 26-35 Years
  • Lot Dimensions: 16027
  • Lot Size Square Feet: 16027.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Alarm Monitored,Alarm On Site,Fire Extinguisher/s,Smoke or Fire Protectors
  • Building Area Total: 13000
  • # Of Offices: 7
  • # Of Stores: 4
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 45
Miscellaneous
  • Current Use: Commercial, Office
  • Location: Central Business District,Corner,Mixed Use Area,Park Adjacent,In City Limits,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 11
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $233,632.00
  • Gross Scheduled Income: $232,632.00
  • Insurance Expense: $5,884.00
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Total Monthly Income: 19469
  • Operating Expense: $2,023.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 15120 South Des Plaines Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15120 South Des Plaines Street

Taxable ValueLand$18,900Additions$152,810Total$171,710
Tax Record2023$13,500 ($1,125 / month)
Home Facts
Lot Size6,098 SqFtStyleMiscellaneous CommercialCountyWILLAPN06-03-16-209-019

Schools near 15120 South Des Plaines Street

This home is within Plainfield School District 202.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Central Elementary School
PublicK to 5

Indian Trail Middle School
Public6 to 8

Plainfield Central High School
Public9 to 12

Plainfield Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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15120 South Des Plaines Street is a mixed use property for sale in Plainfield, IL 60544. This property was listed for sale on October 22, 2024 by RE/MAX Professionals Select, it's currently listed at $2,750,000. This listing's school district is Plainfield School District 202. Nearby schools include Central Elementary School, Indian Trail Middle School and Plainfield Central High School. 15120 South Des Plaines Street is a 0-bed, 0-bath, mixed use property built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Professionals Select

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/28/2024 12:25 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.