des Plaines Real Estate
Des Plaines is an established northwest suburb of Chicago located in Cook County approximately 17 miles from downtown Chicago and just north of O’Hare International Airport. The city is generally bordered by Mount Prospect to the north, Park Ridge to the east, Rosemont to the south, and Elk Grove Village to the west. Des Plaines is named for the Des Plaines River, which runs through the community and has historically shaped the area’s development. :contentReference[oaicite:0]{index=0}
Des Plaines real estate includes single-family homes, condominiums, townhouse developments, smaller multifamily buildings, apartment complexes, and mixed-use properties located near downtown districts and transportation corridors. For buyers and investors researching Des Plaines real estate, the city offers a mix of residential housing and multifamily investment opportunities within one of Chicago’s well-known northwest suburban communities.
Community Highlights
• Downtown Des Plaines: The city’s downtown district features restaurants, shops, entertainment venues, and local businesses centered around the Metra train station and Miner Street corridor.• Des Plaines River and Trail System: The Des Plaines River runs through the city and provides access to regional trail systems, forest preserves, and outdoor recreation areas.
• Metra Commuter Rail Access: Des Plaines is served by the Metra Union Pacific Northwest Line, providing commuter rail access to downtown Chicago and surrounding suburbs.
• O’Hare Area Access: Located near O’Hare International Airport and several major highways including I-90 and I-294, Des Plaines provides convenient regional transportation access.
Population and Community
Des Plaines has a population of approximately 60,000 residents and is known as a diverse suburban community with a mix of long-time residents, homeowners, renters, and professionals. The city combines suburban residential neighborhoods with a growing downtown area and convenient transportation connections throughout the Chicago metropolitan region. :contentReference[oaicite:1]{index=1}Housing and Real Estate in Des Plaines
Des Plaines offers a broad range of housing options including single-family homes, condominiums, apartment buildings, and multifamily investment properties. Residential development in the community expanded significantly after World War II and with the growth of nearby O’Hare International Airport.Compared to many Chicago neighborhoods, Des Plaines often offers larger residential lots, suburban street layouts, and proximity to regional highways and commuter rail. These characteristics make the city appealing to both homeowners and investors researching northwest suburban housing markets.
Des Plaines Real Estate Snapshot
• The city contains a mix of single-family homes, condominiums, and multifamily apartment buildings.• Smaller multifamily buildings such as 2–4 flats can be found in portions of the community.
• Apartment buildings with five or more units are located throughout the city and contribute to the local rental housing supply.
• Mixed-use buildings with commercial space and residential apartments are often located near downtown Des Plaines and major transportation corridors.
• Des Plaines continues to attract buyers searching for multifamily investment properties in Chicago’s northwest suburban market.
2-4 Flat Investment Properties in Des Plaines
Two-to-four unit buildings appear in portions of Des Plaines and can provide opportunities for both owner-occupants and investors seeking rental income properties. These smaller multifamily buildings are often located within established residential neighborhoods.View current 2-4 flats for sale in Des Plaines
5+ Unit Apartment Buildings
Des Plaines contains apartment buildings with five or more residential units ranging from smaller walk-up buildings to larger multifamily complexes. Investors often consider Des Plaines because of its proximity to O’Hare Airport, transportation access, and established rental demand within the northwest suburban corridor.View current 5+ unit apartment buildings for sale in Des Plaines
Mixed-Use Properties
Mixed-use buildings in Des Plaines typically include retail storefronts, restaurants, or service businesses on the ground floor with residential apartments above. These properties are commonly located near downtown Des Plaines and along commercial corridors throughout the city.View current mixed-use properties for sale in Des Plaines
Des Plaines Community Resources
Des Plaines is supported by several organizations and institutions that help strengthen the city’s business environment and community life.• City of Des Plaines – Provides city services, local government information, and community resources.
• Des Plaines Chamber of Commerce & Industry – Supports local businesses, networking opportunities, and economic development within the Des Plaines community.
• Des Plaines Public Library – A major community institution providing educational programs, resources, and public events.
Multifamily Investment Opportunities in Des Plaines
Des Plaines is often researched by investors looking for multifamily investment properties in the northwest suburbs of Chicago. The city contains a mix of smaller apartment buildings, larger multifamily complexes, and mixed-use properties located near downtown districts and transportation corridors.
Because of its proximity to O’Hare International Airport, Metra commuter rail service, and several major highways, Des Plaines continues to attract investors searching for apartment buildings, rental properties, and mixed-use investment opportunities in the Chicago suburban market.
Real Estate Questions About Des Plaines
Are there apartment buildings in Des Plaines?
Yes. Des Plaines contains a variety of apartment buildings ranging from smaller multifamily buildings to larger residential complexes located throughout the city.
Are there multifamily investment properties in Des Plaines?
Investors often research Des Plaines because of its location near O’Hare Airport, commuter rail access, and established residential neighborhoods.
Are mixed-use buildings common in Des Plaines?
Mixed-use properties can be found near downtown Des Plaines and along major commercial corridors where retail or office space is combined with residential apartments.
Is Des Plaines a good suburb for multifamily investment?
Many investors consider Des Plaines because of transportation access, proximity to employment centers, and steady rental demand within Chicago’s northwest suburbs.
With the expertise of Mark Latuszek, a real estate professional specializing in multifamily and investment properties, buyers and sellers can better navigate the Des Plaines real estate market. Whether you are searching for a home, condominium, multifamily investment property, or apartment building, Mark’s local knowledge helps identify opportunities throughout the Des Plaines community and Chicago’s northwest suburban market.
614 Birchwood Avenue
$1,700,000
614 Birchwood Avenue
$1,700,000
785 E Lincoln Avenue
$299000
des Plaines Listings Summary
des Plaines - Town vs. County Stats
Avg Price in des Plaines: $442,600 / County Avg $556,600
Avg Taxes in des Plaines: $6,400 / County Avg $8,300
Avg Sq. Ft. in des Plaines: 1,778 / County Avg 1,880
Avg Price per/sqft in des Plaines:$249 / County Avg $296
Avg Walkscore in des Plaines: 61 / County Avg 70
Avg Year Built in des Plaines: 1975 / County Avg 1960
Avg Days on Website in des Plaines: 48 / County Avg 57
des Plaines Real Estate Market Health
| Areas in des Plaines IL |
|---|
| Des Plaines |
| Neighborhoods in des Plaines IL |
|---|
| Courtland Square |
| Coventry Place |
| Cumberland |
| Landings |
| Riverview |