www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27649482

300 E River Rd, Des Plaines, IL 60016

DD
IL IL.
Dubin Guru Group
Listed by Dubin Guru Group
$2,950,000
444 days on market
Updated 86 days ago

300 E River Rd – 6.5 Acre Dev Opportunity

Details
Property Type Land
Sub Type Residential
Acreage 6.500
Zoning R-3
Sale Condition For sale by owner

300 N. East River Road, Desplaines, Illinois, 60016

Investment highlights

  • · The 6.5 -acre site is in the northern area (unincorporated) of Des Plaines. We have paved the way for the Path of Annexation with the City, and the city is encouraging townhome development on this site.

    · City sanitary sewer and city water can be accessible to the south.

    · A new apartment building (The Monarch) and a 16-unit townhome development on (1) one acre under construction selling/sold in the high 400’s are down the street.

    · Pioneer Engineering Phase 1 report shows no recognized environmental conditions.

    · Community Consolidated School District 62 and Maine Township High School District 207.

    · Typical townhome ( 20' wide rear loaded) density could be in excess of 60 units.

    · Perfect for Millennials and Gen Zs

    · Easy commute to downtown Chicago and surrounding employment hubs.

    · Access to forest preserves, parks, and bike trails (Des Plaines River Trail, Lake Opeka).

    · Empty - Nesters. Density could be about 50 wider townhomes with primary bedroom suite and office on the first floor. This market is exploding and there is no product out there, especially with an optional screened porch and small yard!

Ready to Make a Deal ! Please Call me at 773-919-8083 for any questions - David Dubin!

Listing Contacts

DD
IL IL.
Dubin Guru Group
Listed by Dubin Guru Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
David Dubin
License
IL.
Brokerage Phone
773-919-8083
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591