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Sold on 11/14/2017
Lester Zielinski of RE/MAX City

540 Lee St, Des Plaines, IL 60016

  • $593,000

    Last sold 11/14/2017 for $240K

  • —

    bed

  • —

    bath

  • 2,800

    Sqft ($86/Sqft)

Other not for sale
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About 540 Lee St

Property type Other
Year built 1922
HOA fee $0/month
Lot size 7,383 Sqft
Movoto estimate
Property description
Appx. 2800 sq ft mixed-use bldg with commercial space on 1st floor and huge 3 bdrm 1. 1 bath apt on 2nd flr. Complete rehab not long ago. Across the street from a popular shopping center downtown des plaines. Due to layout an fha loan with 3. 5% down may be possible but restrictions apply - call me for details. Taxes recently reduced.
Listed by
Listing Agent - Lester Zielinski
Listing Office - RE/MAX City
Source: MRED mls logo
MLS#09595457 • last updated 8 years ago
Movoto checked MRED for data 6 minutes ago
Overview
Cooling/AC Central Air
Levels/Style 2
MLS # 9595457
Type Mixed Use
Lot Size (SqFt) 7383
Property Tax $ 9074
Year Built 1922
Exterior
Foundation Brick
Exterior Vinyl Siding
# Of Parking Spaces 5
Amenities / Utilities
# Units in Building 2
Location
County Cook
Directions LEE ST NORTH OF MINER
APN 9174100070000
Zoning COMMR
Multifamily Details
Tenant Pays Electric
Gross Rental Income 1350
Total Annual Income 16200
Lot/ Land Details
Possible Use Residential-Multi-Family
Current Use Commercial
$593K
Range: $504K-$681K
Last 30 days 
  • Nov 2017
    mls logo MLS # 09595457
  • Nov 15, 2017 Sold
    $240,000 (-10.8%)
  • Oct 24, 2017 Pending
    —
  • Aug 12, 2017 Contingent
    —
  • Jul 20, 2017 Re-Activated
    —
  • Jul 10, 2017 Contingent
    —
  • Apr 14, 2017 Listed
    $269,000 (-0.3%)
  • Apr 2017
    mls logo MLS # 09330547
  • Apr 17, 2017 Cancelled
    —
  • Feb 23, 2017 Pending
    —
  • Dec 29, 2016 Contingent
    —
  • Aug 30, 2016 Listed
    $269,900
  • Apr 2017
    mls logo MLS # 09330537
  • Apr 17, 2017 Cancelled
    —
  • Feb 23, 2017 Pending
    —
  • Dec 29, 2016 Contingent
    —
  • Aug 30, 2016 Listed
    $269,900
  • 540 Lee St
    $240K
  • —
  • 60016
    $327K 0% y/y
  • Des Plaines
    $359K +1% y/y
No chart available
Statistics calculated by Movoto

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5/10
North Elementary School
public Grades K-5
Community Consolidated School District 62
5/10
Chippewa Middle School
public Grades 6-8
Community Consolidated School District 62
6/10
Maine West High School
public Grades 9-12
Maine Township Hsd 207 School District
Source: GreatSchools.org © 2026. All rights reserved.

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