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Land · Des Plaines, IL
$850,000
5 beds · 3 baths
1596 Oxford Road, Des Plaines, IL, 60018
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air0.69-acre lot
Prime Development Opportunity - Corner Lot at Oakton & Oxford | Des Plaines, IL | High vehiles count per day. Unlock the full potential of this high-visibility corner parcel located at 1596 Oxford Rd., Des Plaines, IL 60018, at the intersection of E Oakton Street and Oxford Road. Offering approximately 0.69 acres of land with lot dimensions 143FT x 223FT, this site is ideal for various use: commercial, retail, service or residential development in one of Des Plaines' most strategic and growing areas. Key Highlights: Corner Location with exceptional exposure and traffic volume Zoned residential with potential for PUD future multifamily use - ideal for townhomes, apartments, condos, commercial/retail & service. Zoning change required for the purchaser desire. Public water and sewer available to site. Existing structure: Updated two-story home with two separate rental units (fully remodeled in 2019) - producing immediate rental income while you plan redevelopment Lot Size: ~30,000+ SF / ~0.69 Acres Strategically Positioned: Moments from downtown Des Plaines, Metra, shopping, schools, and parks Close proximity to O'Hare Airport and major highways Growing demand in surrounding residential areas makes this a lucrative build opportunity Whether you're a builder, developer, or investor, this site offers flexibility and value-from short-term rental income to long-term multifamily construction potential. Contact Listing Broker for additional site details, zoning potential, and conceptual development support.
— the listing agent’s description

The home

5 beds
3 baths
0.69-acre lot
Land

What it’ll cost

$12,051 taxes / yr
No HOA
254 days on dwello

Estimated monthly payment

$5,771/mo
Principal & interest$4,519
Property taxes$1,004
Homeowners insurance$248
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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254 days on dwello
Price history
Listed for sale
Oct 16, 2025
$850,000
Earlier records
Listed
Apr 23, 2026
$850,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$12,051/yr
Assessed value
2026
County assessor
$55,000~$550,000 mkt
2025
$55,000~$550,000 mkt
2024
$49,022~$490,220 mkt
2023
$49,022~$490,220 mkt
2022
$49,022~$490,220 mkt
2021
$26,563~$265,630 mkt
2020
$26,563~$265,630 mkt
2019
$26,563~$265,630 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirNatural GasDetachedGarage
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Andrzej Olszowka · Troy Realty Ltd
Listing last updated Jun 25, 2026 · data refreshed from the MLS Jun 25, 2026, 8:41 PM CT
Based on information submitted to the MLS GRID as of Jun 25, 2026, 8:41 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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