Illinois / Des Plaines / 60016 / 1001 Lee Street

1001 Lee Street

Q: What is the asking price for 1001 Lee Street in Des Plaines?

The asking price for 1001 Lee Street is $595,000

Q: What is the building size of this Specialty property in Des Plaines, IL?

The size of the building/unit at 1001 Lee Street in Des Plaines is 1,000 square feet.

Q: How much land does the Des Plaines, IL property at 1001 Lee Street include?

1001 Lee Street in Des Plaines includes 0.720 acres of land.

Q: What kind of Specialty is the propery at 1001 Lee Street?

The property at 1001 Lee Street Des Plaines, IL 60016 is listed as a Parking Lot Specialty property.

Q: What is the population within 1 mile of 1001 Lee Street?

The population within 1 mile of 1001 Lee Street Des Plaines, IL 60016 is 21,023 people.

Q: Who do I contact for questions about 1001 Lee Street?

You should contact the listing agent, Sean Lutz, for any details regarding this commercial listing.

Des Plaines, IL 60016

Listing ID: 255172

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1001 Lee Street Des Plaines, IL 60016 | for Sale | Photo 1

Building Size: 1,000 SF

Lot Size: 0.720 AC

Land Size: 31,363 SF

Building $/SF: $595.00

Land $/SF: $18.97

Price

$595,000

Description

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, investment grade (S&P: BBB-), AutoNation investment property located in Des Plaines, IL (Chicago MSA). The tenant, AutoNation, Inc., recently extended their lease providing over 3 years of firm term remaining with 5 (1-Year) option periods, demonstrating their commitment to the site. AutoNation uses the space as a storage and transportation hub for nearby car dealerships. The lease is corporate guaranteed and is absolute NNN, making it an ideal, management-free investment for a passive investor. Moreover, the site is C-3 General Commercial, providing for a wide array of uses and positioning the asset with excellent redevelopment potential through re-leasing.

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Chicago History of Specialty Real Estate for Sale

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Listing Demographics for 1001 Lee Street Des Plaines, IL 60016

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		21,023	125,925	309,691
Population Median Age		43	41	41
Population by Age	0-9 Yrs	2021 (9%)	14290 (11%)	36805 (11%)
	10-19 Yrs	2324 (11%)	14323 (11%)	35056 (11%)
	20-29 Yrs	1741 (8%)	14656 (11%)	33186 (10%)
	30-39 Yrs	3351 (15%)	17242 (13%)	41726 (13%)
	40-49 Yrs	2711 (12%)	16257 (12%)	40477 (13%)
	50-59 Yrs	3063 (14%)	17905 (14%)	44743 (14%)
	60-69 Yrs	2798 (13%)	15136 (12%)	37773 (12%)
	70+ Yrs	3014 (14%)	16116 (12%)	39925 (12%)

Median HH Income		$65,287	$70,078	$76,966
Total Household Income	< 24K	1292 (14%)	7444 (15%)	17096 (14%)
	25-49K	2237 (24%)	9502 (20%)	21717 (18%)
	50-74K	1524 (17%)	8287 (17%)	18887 (16%)
	75-99K	1109 (12%)	6234 (13%)	15698 (13%)
	100-199K	2235 (24%)	12249 (25%)	31471 (26%)
	200K+	553 (6%)	3670 (7%)	13003 (11%)

Highest Education Level	No Diploma	1473	11239	22289
	Diploma or GED	3521	20321	47676
	Some College	3003	15635	39848
	Assoc. Degree	1490	7717	17220
	Bachelors Degree	4096	23341	60294
	Higher Degree	2443	12795	36416

Total Housing Units		9,273	50,143	125,491
--Owner-Occupied		6,483	32,570	82,845
--Renter-Occupied		2,468	14,816	35,027
Owner-Occupied Values	< 100K	385	3195	5679
	100-199K	1624	6974	13279
	200-299K	2916	9791	20088
	300-399K	1135	7179	20573
	400-499K	291	2728	10767
	500K+	132	2703	12459

Total Working Age Population		17,486	103,201	251,192
In Work Force		11,896	68,450	165,771
Not In Work Force		5,591	34,752	85,421
Workforce Employed		11,348	65,543	159,146
Workforce Unemployed		532	2,891	6,493
Civlian Workforce		11,881	68,435	165,639
Military Workforce		15	15	132

Total Households		8,951	47,386	117,872
Family Households		5,178	32,104	80,509
Non-Family Households		3,773	15,282	37,363
Married Couple		4,001	24,921	64,756
Other Family		1,177	7,183	15,753
Married w/Child		1,504	10,326	27,116
Single Male w/Child		137	841	1,780
Single Female w/Child		271	2,187	4,563

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
DuPage County	904,161	+1	916,924	+10	1,010,323	+2	1,034,039

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1001 Lee Street in Des Plaines?

The asking price for 1001 Lee Street is $595,000

What is the building size of this Specialty property in Des Plaines, IL?

The size of the building/unit at 1001 Lee Street in Des Plaines is 1,000 square feet

How much land does the Des Plaines, IL property at 1001 Lee Street include?

1001 Lee Street in Des Plaines includes 0.720 acres of land

What kind of Specialty is the propery at 1001 Lee Street?

The property at 1001 Lee Street Des Plaines, IL 60016 is listed as a Parking Lot Specialty property

What is the population within 1 mile of 1001 Lee Street in Des Plaines?

The population within 1 mile of 1001 Lee Street Des Plaines, IL 60016 is 21,023 people.

Who do I contact for questions about 1001 Lee Street?

You should contact the listing agent, Sean Lutz, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
1215 Rand Road, Des Plaines, IL	CALL	6500	0.65
2400 East Devon Avenue, Des Plaines, IL	CALL	353429	-
1001 Fargo Avenue, Elk Grove Village, IL	CALL	31059	1.93
8200 West Addison Street, Chicago, IL	$650,000	8000	0.41
125 Lockerbie Lane, Wilmette, IL	$549,900	2700	0.31
2561 Clinton Street, River Grove, IL	$1,300,000	27019	0.98
2401 Main Street, Evanston, IL	CALL	8500	-
3216 North Cicero Avenue, Chicago, IL	CALL	28100	-
105 Roman Ln, Hawthorn Woods, IL	$0	10500	-
421 East Main Street, Barrington, IL	CALL	37000	1.25

Closest Commercial Airports

Airport	Distance (mi)
Chicago O'Hare International Airport (ORD)	4
Chicago Midway International Airport (MDW)	19
Chicago Rockford International Airport (RFD)	63