Active

1596 Oxford Lane

Des Plaines, IL 60016
$850,000
6beds
2baths
3,000sqft
0.69acres
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About this home

Development Opportunity with Income - Des Plaines Corner parcel located at E Oakton St. & Oxford Rd. offering approximately 0.69 acres (30,000+ SF) with high visibility and traffic exposure. Irregular lot dimensions (108X38X198X143X222) provide flexibility for redevelopment. Existing two-story structure includes two units (non-conforming/unverified), fully rented with below-market rents: 4-bedroom unit 2-bedroom unit Total income: $4,000/month Property allows for immediate income while planning future development. Potential uses include townhomes, apartments, or condominiums (buyer to verify zoning). Public water and sewer available. Close to downtown Des Plaines, Metra, O'Hare, and major highways. Call Listing Broker for additional details.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential
Garage spaces2
Lot size0.69 acres
Annual tax$10,839
CountyCook
MLS #MRD12627380
Days on market1

Features

Heating
Natural Gas
Cooling
Central Air
Parking
DetachedGarage
Construction
Vinyl Siding
Sewer
Public Sewer
Listed by
Troy Realty Ltd
Andrzej Olszowka · 773-447-4767

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/23/2026, 2:46:06 PM. All data should be independently verified.

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