255 West Oakton Street

Off-Market

255 West Oakton Street, Des Plaines, IL 60018

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 101,299 SF
  • Lot Size 9.31 Acre
  • Parking Spaces Avail. 151
  • Parking Ratio 1.50 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1962

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 10 Mar, 1998
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Des Plaines

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Des Plaines Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $22.71
  • 2022 Office Vacancy Rate 21.44%
  • 2022 Office Completions (SF)
View more Des Plaines market trends

Location

Getting Around

  • Walk Score ®

    20/100 Car-Dependent

  • Transit Score ®

    32/100 Some Transit

  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Des Plaines, IL
  • Zip Code 60018
  • Market Chicago

Points of Interest

  • Cumberland

    2.25 miles

  • Des Plaines

    2.46 miles

  • Mount Prospect

    2.87 miles

  • O'Hare Transfer

    3.03 miles

  • O'Hare Multi-Modal Facility

    3.04 miles

  • Terminal 1

    3.14 miles

  • O'Hare

    3.27 miles

  • Terminal 2

    3.28 miles

  • Terminal 3

    3.35 miles

  • Dee Road

    3.63 miles

  • Sam's Club

    0.26 miles

  • Mobil

    0.67 miles

  • Ozinga CNG Fueling

    0.67 miles

  • Exxon

    0.71 miles

  • Mobil

    0.90 miles

  • Marathon

    1.18 miles

  • Jewe-Osco

    1.20 miles

  • Mobil

    1.21 miles

  • Mobil

    1.25 miles

  • BP

    1.28 miles

  • American Airline Employee Parking

    1.89 miles

  • Des Plaines Metra Station Parking Lot

    2.36 miles

  • Des Plaines Metra Station Parking Lot

    2.43 miles

  • Metropolitan Square Garage

    2.52 miles

  • Elk's Lodge Parking

    2.63 miles

  • O'Hare Economy Lot G

    2.92 miles

  • Kiss n Fly

    2.95 miles

  • Pace Northwest Point/Elk Grove Park-n-Ride

    2.99 miles

  • Economy Lot F

    3.08 miles

  • O'Hare Economy Lot H

    3.09 miles

  • Taco Burrito King

    0.36 miles

  • Las Asadas

    0.63 miles

  • Dairy Queen

    0.70 miles

  • Wonton Gourmet

    0.71 miles

  • Pad Thai

    0.74 miles

  • New Seoul Korean BBQ

    0.77 miles

  • Bosna Grill

    0.79 miles

  • Tasty Cuisine

    0.85 miles

  • Quiznos

    0.90 miles

  • Sarpino's Pizzeria

    0.91 miles

  • Fiesta Market

    0.88 miles

  • Jewel-Osco

    1.21 miles

  • Kohl's

    1.40 miles

  • Jewel-Osco

    1.64 miles

  • Walmart Neighborhood Market

    1.77 miles

  • Butera

    1.81 miles

  • ALDI

    1.83 miles

  • KD Market- Krystyna's Deli

    1.84 miles

  • Mariano's Fresh Market

    2.03 miles

  • Ross

    2.26 miles

  • Chicago Police Department , Canine Unit

    0.96 miles

  • Chicago police Department Canine Unit Training Facility

    0.96 miles

  • Des Plaines Fire Station 3

    1.22 miles

  • Chicago Fire Department ARFF Station #4

    1.51 miles

  • Des Plaines Fire Station #2

    1.83 miles

  • Walgreens

    1.84 miles

  • Elk Grove Village Fire Department Station #9

    2.14 miles

  • Walgreens

    2.40 miles

  • Mount Prospect Fire Department Station 12

    2.44 miles

  • Des Plaines Police Department

    2.45 miles

Frequently Asked Questions

What is the total square footage of 255 West Oakton Street?

255 West Oakton Street totals 101,299 square feet.

When was 255 West Oakton Street last sold?

255 West Oakton Street was last sold on 10 Mar, 1998.

What is the property tax for 255 West Oakton Street?

The property tax for 255 West Oakton Street in 2022 was $440,504.

What is the market value for 255 West Oakton Street?

The market value* for 255 West Oakton Street in 2022 was $7,861,752.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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