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Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12420831MLS Provider

727 1st AvenueDes Plaines, IL 60016

Commercial · 3,900 Sq. ft.
$800,000 Active

727 1st Avenue Overview

Time on Site:
349 days
Visits:
4

Welcome to 727 First Ave! This property consist of approx. 3900SF limited manufacturing brick building, zoned M-1 with four units plus warehouse space, plenty of storage, and side garage. Warehouse has 2-12' overhead doors and back door entrance. Also included are three lots, next door at 735 First Ave for redevelopment and/or parking needs for your business. *Sold As-Is* Convenience to all amenities downtown Des Plaines has to offer, close to O'Hare airport, and expressway. Schedule your tour today and come see this bright space with great location. This property will not disappoint!

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727 1st Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,900
  • Price/Sq.ft. $205

Details

General

Income/Expenses

  • Gross Income: 51300
  • Gross Scheduled Income: 51300
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1968

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Des Plaines
  • Township: Maine

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $50,238.00
  • Tax Year: 2022

General Information

  • Parcel Number: 09173220040000
  • Property Sub Type: Warehouse
  • Property Type: Commercial Sale
  • Zoning: MANUF

Interior

Building Interior

  • Building Area Total: 3900

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 0

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 325X123
  • Lot Size Square Feet: 39975

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 4

727 1st Avenue Neighborhood

Community

60016 (DES PLAINES) Demographics

42
Median Age
5,565
Population Density (per sq. mile)
50%
College Educated
$67,404
Estimated Median Income
15,812
Estimated Total Home Owners
7,538
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

727 1st Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

727 1st Avenue Market Data

Based on the last 30 days in this zip code

$377,707
Average List Price
$283
Average Price per Square Foot
67
Properties Sold
47
Average Days on Market
186
Properties for Sale
Calculations provided by Reliance Network

727 1st Avenue History

Date Event Value Agent
2/3/2026Source: MRED Status Change
Active
1/29/2026Source: MRED Price Reduction
$800,000 -3.0%
1/29/2026Source: MRED Status Change
Price Change
7/31/2025Source: MRED Added to Database
July 15, 2025
7/31/2025Source: MRED Status Change
Active