8713 W Ballard Road — Des Plaines, IL 60016
Active Under Contract
Des Plaines, IL 60016

8713 W Ballard Road

$1,200,000
0 beds · 0 baths
Listed at $1,200,000 15 days on market $23,036/yr taxes
01About this home

Well-maintained 6-unit, fully occupied multifamily building in Des Plaines offering strong, consistent cash flow. The property generates approximately $120,000+ in annual income with an estimated NOI of $84,000/year. All units are tenant-occupied with long-term tenancy ranging from 10-25+ years, providing stability and minimal turnover. Tenants pay all utilities, helping to keep operating expenses low. Additional income is generated through coin-operated laundry. The property includes parking for all units and has seen major system updates, including a new roof that will be installed by mid May, contributing to overall maintenance and longevity. This is an excellent opportunity for investors seeking a stable, income-producing asset in a desirable suburban Chicago location. Property is being sold AS-IS.

02Inside the home
03By the numbers
$1,200,000
List price
Square feet
Bedrooms
Bathrooms
1989
Year built
0.41 ac
Lot size
Garage spaces
$23,036
Annual taxes
Multi Family 5+
Style
15
Days on market
04Features
Cooling
Central Air
Construction
Brick
05Neighborhood
  • Subway 400 ft
  • 168 Asian Cuisine 450 ft
  • Brunch Cafe 0.2 mi
  • Pho Town 0.2 mi
  • Portillo's 0.3 mi
  • McDonald's 0.4 mi
  • Tony's Fresh Market 550 ft
  • Jewel-Osco 900 ft
  • BP Shop 0.3 mi
  • Mobil Mart 0.3 mi
  • Gordon Food Service Store 0.5 mi
  • Zander Import Groceries 0.6 mi
  • Ballard Point Park 450 ft
  • Ballard Park 0.3 mi
  • Golf Mill Park 0.4 mi
  • North Park 0.6 mi
  • Dee Park 0.8 mi
  • Washington Terrace Park 0.9 mi
  • Dunkin' 0.3 mi
  • Papagalino Cafe 0.7 mi
  • Starbucks 0.8 mi
  • W Coffee & Tea 0.8 mi
  • Dunkin' 0.9 mi
  • Dunkin' 1.0 mi
POI data via Mapbox · OpenStreetMap contributors
06History

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

May 1, 2026
Listed for saleThis listing
HomeSmart Connect
$1,200,000
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.
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09Similar homes
Listed by HomeSmart Connect · Marina Camenschi
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12634779
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