1641 E Touhy Ave Des Plaines, IL 60018
Estimated payment $6,876/month
Highlights
- 0.84 Acre Lot
- Algonquin Middle School Rated A-
- Corner Lot
About This Lot
***REDEVELOPMENT SITE*** Don't miss this outstanding redevelopment opportunity in the heart of booming Des Plaines. This 0.84-acre lot, combined with an adjacent second lot directly connected to it, offers a prime corner location where Touhy Avenue meets Mannheim Road-an area known for high traffic and strong commercial activity. Just minutes from the Allstate Arena and O'Hare it is surrounded by shopping centers, restaurants, and established businesses, this property is perfectly positioned for a wide range of redevelopment possibilities. Currently featuring two single-family homes, the site is ideal for transforming into office space, a convenience store, law office, physical therapy clinic, beauty salon, massage parlor, tattoo studio, or even a multifamily or mixed-use development. Located next to a commercial hotel site, this is a rare chance to secure a large, versatile parcel in a rapidly growing area. Whether you're a developer, investor, or business owner, this is a must-see location with incredible potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,799
Lot Details
- 0.84 Acre Lot
- Lot Dimensions are 153x480x153x480
- Corner Lot
- Property is zoned SINGL
Home Design
- Mixed Use
Schools
- Orchard Place Elementary School
- Algonquin Middle School
- Maine West High School
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,799 | $21,994 | $10,994 | $11,000 |
| 2023 | $5,659 | $21,994 | $10,994 | $11,000 |
| 2022 | $5,659 | $21,994 | $10,994 | $11,000 |
| 2021 | $5,397 | $17,557 | $11,606 | $5,951 |
| 2020 | $5,306 | $17,557 | $11,606 | $5,951 |
| 2019 | $5,309 | $19,727 | $11,606 | $8,121 |
| 2018 | $5,461 | $18,260 | $10,214 | $8,046 |
| 2017 | $5,364 | $18,260 | $10,214 | $8,046 |
| 2016 | $5,074 | $18,260 | $10,214 | $8,046 |
| 2015 | $5,419 | $17,926 | $8,821 | $9,105 |
| 2014 | $5,305 | $17,926 | $8,821 | $9,105 |
| 2013 | $5,173 | $17,926 | $8,821 | $9,105 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Sale | $1,200,000 | +389.8% | -- |
| 06/02/2023 06/02/23 | Sold | $245,000 | -2.0% | $264 / Sq Ft |
| 04/29/2023 04/29/23 | Pending | -- | -- | -- |
| 09/24/2022 09/24/22 | For Sale | $249,900 | -- | $270 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $245,000 | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $170,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12398173
APN: 09-33-103-006-0000
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