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8713 W Ballard Road Des Plaines, IL 60016 • Multi Unit - Multiple • New

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Description

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. IF INTERESTED IN VIEWING THE BUILDING, SHOWINGS WILL BE CONDUCTED ON SATURDAY, 5/9/26 FROM 10-1 PM.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
HomeSmart Connect 847-495-5000
MRED MLS
$1,200,000
Est. $7,853/mo
New to the Market New
BEDS0 BATHS MLS#12634779
STATUSNew PROPERTY TYPEMulti Unit - Multiple
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Shown By

The Pankey The Pankey Group
 (309) 721-8830

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8713 W Ballard Road, Des Plaines, IL 60016.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,200,000$1,200,000$1,200,000
Down Payment $42,000$0$240,000
Monthly Mortgage Amount $7,159$7,448$5,833
Taxes $1670$1670$1670
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $720$0$0
Monthly Estimated Total $9,899$9,468$7,853

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/04/2026. The listing information on this page last changed on 05/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 05/04/2026 10:40:53 AM EST) or MRED MLS (last updated Mon 05/04/2026 10:33:00 AM EST) or SCWMLS (last updated Mon 05/04/2026 10:35:41 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 05/04/2026 10:18:51 AM EST) or Cedar Rapids MLS (last updated Mon 05/04/2026 10:39:18 AM EST) or NEIRBR MLS (last updated Mon 05/04/2026 10:38:53 AM EST) or ICAAR MLS (last updated Mon 05/04/2026 10:37:26 AM EST) or ECIMLS (last updated Mon 05/04/2026 10:32:24 AM EST) or RMLSA (last updated Mon 05/04/2026 10:30:57 AM EST) or Muscatine MLS (last updated Mon 05/04/2026 10:30:30 AM EST) or No Coast MLS (last updated Mon 05/04/2026 10:34:39 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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