8713 W Ballard Road
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.
- 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
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12634779