Active

$850,000

1596 Oxford Lane, Des Plaines, IL 60016
6 Beds2 Baths0 sqft3 days
1596 Oxford Lane·Des Plaines, IL 60016
6Bedrooms
2Bathrooms
0Sq Ft
About This Home

Development Opportunity with Income - Des Plaines Corner parcel located at E Oakton St. & Oxford Rd. offering approximately 0.69 acres (30,000+ SF) with high visibility and traffic exposure. Irregular lot dimensions (108X38X198X143X222) provide flexibility for redevelopment. Existing two-story structure includes two units (non-conforming/unverified), fully rented with below-market rents: 4-bedroom unit 2-bedroom unit Total income: $4,000/month Property allows for immediate income while planning future development. Potential uses include townhomes, apartments, or condominiums (buyer to verify zoning). Public water and sewer available. Close to downtown Des Plaines, Metra, O'Hare, and major highways. Call Listing Broker for additional details.

MLS# 12627380Listed April 23, 2026Residential
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms8

Size & Structure

Living Area0 sqft
Garage Spaces2
Lot Size0.690 acres

Location

CountyCook
TownshipElk Grove
Zip Code60016

Financial

List Price$850,000
Annual Taxes (2024)$10,839
Monthly Tax Est.$903
Parcel #09194040120000
Interior Features

Heating

Natural Gas

Cooling

Central Air

Basement

None
Exterior & Lot

Construction

Vinyl Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

DetachedGarage
Tax & Financial
Annual Taxes
$10,839
Tax Year 2024
Monthly Tax Est.
$903
per month
Property Location

1596 Oxford Lane, Des Plaines, IL 60016Cook County

$850,000
1596 Oxford Lane
6 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
2-car garage
0.690 acres
$10,839/yr taxes
$5,370
estimated monthly payment
Principal & Interest
$4,467/mo
Property Tax
$903/mo
$850,000
20% — $170,000
3%50%
6.875%
3%12%
Loan Amount
$680,000
Down Payment
$170,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Troy Realty Ltd
Agent: Andrzej Olszowka
REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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