Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12691144MLS Provider

1605 S River Road #BDes Plaines, IL 60018

Commercial · 1,100 Sq. ft. | 0.38 Acres
$4,000,000 New

1605 S River Road #B Overview

Time on Site:
3 hours
Visits:
0

Prime commercial opportunity at a highly trafficked Des Plaines intersection! Located on the hard corner of Oakton and River Road, this new-construction retail storefront or office space is currently a clean vanilla box, ready for your custom build-out. The property features a side yard for exclusive outdoor use and offers excellent business synergy with the adjacent name-brand franchise gas station. Parking is conveniently included in the rent. The City of Des Plaines, strategically branded as the City of Destiny, offers a premier environment for retail growth by combining world-class connectivity with a deeply stable economic base. Situated immediately adjacent to O'Hare International Airport and the I-294 corridor, the city serves as a critical regional hub, capturing a massive influx of daily commuters, corporate employees, and international travelers. This logistical advantage is paired with a diverse and affluent residential population boasting a median household income of approximately $97,875, ensuring that local businesses have access to a consumer base with significant discretionary spending power. The city's commitment to commercial success is evidenced by its aggressive 2026 revitalization initiatives, including multi-million-dollar investments in the downtown theater district and the modernization of the Northwest Highway corridor, which continue to drive foot traffic and increase property values across the area. At 1605 S River Rd, businesses benefit from being at the epicenter of this activity, occupying a high-visibility hard corner that bridges the gap between Des Plaines' residential neighborhoods and its bustling industrial and transit sectors. The community is notably multicultural, with a vibrant demographic creating a unique demand for a wide variety of specialized retail, international services, and diverse dining options.

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1605 S River Road #B Facts & Features

  • Type Commercial
  • Sq. ft. 1,100
  • Price/Sq.ft. $3,636
  • Lot 0.38 Acres

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 1967

Business Information

  • Current Use: Commercial

Location/Region

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

Tax Information

  • Tax Annual Amount: $51,230.00
  • Tax Year: 2024

General Information

  • Parcel Number: 09281070110000
  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1100

General Information

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

Unit Information

  • Unit SqFt.: 1100
  • Unit Number: B

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.38
  • Lot Size Dimensions: 0
  • Lot Size Square Feet: 16541

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

1605 S River Road #B Neighborhood

Community

60018 (DES PLAINES) Demographics

39
Median Age
1,718
Population Density (per sq. mile)
36%
College Educated
$66,030
Estimated Median Income
6,882
Estimated Total Home Owners
2,555
Estimated Total Renters
73% / 27%
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.

1605 S River Road #B 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.

1605 S River Road #B Market Data

Based on the last 30 days in this zip code

$598,065
Average List Price
$287
Average Price per Square Foot
12
Properties Sold
62
Average Days on Market
44
Properties for Sale
Calculations provided by Reliance Network

1605 S River Road #B History

Date Event Value Agent
6/30/2026Source: MRED Added to Database
June 30, 2026
5/20/2026Source: MRED Price Increase
$2,292 9,068.0%
5/3/2026Source: MRED Status Change
Active
4/28/2026Source: MRED Added to Database
April 28, 2026