8807 Dee Road — Des Plaines, IL 60016
Active Under Contract
Des Plaines, IL 60016

8807 Dee Road

$899,900
0 beds · 0 baths
Listed at $899,900 93 days on market $16,269/yr taxes
01About this home

Welcome to 8807 Dee Rd. in Des Plaines; a rare opportunity to own a solid six-unit residential building in a highly desirable location! This well-maintained property offers a fantastic blend of stability and potential, making it ideal for both seasoned investors and those looking to start or expand their real estate portfolio. 5 of 6 units currently rented, providing immediate income, yet the property still offers clear value-add potential with some below-market rents and flexible month-to-month tenancies. The next owner will enjoy the freedom to update units, raise rents to market, and quickly enhance long-term returns. Nestled on a quiet residential subdivision just minutes from shopping, dining, Metra, and major expressways, this building delivers both convenience and investment security. With solid construction, spacious layouts, and great tenants already in place, 8807 Dee Rd. is a rare find in today's low-inventory market. Whether you're seeking stable cash flow or looking for your next project with upside, this is the one you've been waiting for. Current rents below market. Building operating at Fully stabilized Potential Rent = $9,825/month ($117,900 annually). Buyer to verify.

03By the numbers
$899,900
List price
Square feet
Bedrooms
Bathrooms
1969
Year built
Lot size
Garage spaces
$16,269
Annual taxes
Multi Family 5+
Style
93
Days on market
04Features
Cooling
Wall Sleeve
Construction
ConcreteBrick
05Neighborhood
  • Subway 0.2 mi
  • Wendy's 0.3 mi
  • Portillo's 0.4 mi
  • Pho Town 0.5 mi
  • Brunch Cafe 0.5 mi
  • 168 Asian Cuisine 0.7 mi
  • 7-Eleven 0.4 mi
  • Jewel-Osco 0.6 mi
  • Tony's Fresh Market 0.7 mi
  • BP Shop 0.8 mi
  • Mobil Mart 0.8 mi
  • Shell 1.0 mi
  • Mary Q. Alberding Park 0.6 mi
  • North Park 0.6 mi
  • Ballard Point Park 0.6 mi
  • Dee Park 0.7 mi
  • Northwest Park 0.7 mi
  • Woodland Park 0.9 mi
  • Dunkin' 0.2 mi
  • Dunkin' 0.8 mi
  • Dunkin' 0.9 mi
  • W Coffee & Tea 1.3 mi
  • Papagalino Cafe 1.3 mi
  • Starbucks 1.3 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jan 25, 2026
Listed for saleThis listing
RE/MAX City
$899,900
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

Stand in the kitchen.
See the light at 4pm.

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Connect with Ewelina, Brandon, or Sonia — real people on our team, no call centers.
09Similar homes
Listed by RE/MAX City · Jesus Vazquez
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12554446