$1,200,000

1641 E Touhy Ave Des Plaines, IL 60018

Estimated payment $7,110/month

Total Views 2,934
0.84 Acre
$1,428,571 Price per Acre
36,590 Sq Ft Lot

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.

Listing Agent

Tim Sotis

RE/MAX All Pro License #471008033 Listed on: 06/17/2025

RE/MAX All Pro

Co-Listing Agent

Natalie Kofie

RE/MAX All Pro - St Charles License #475204388

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

Property Details

Property Type

Land

Est. Annual Taxes

$5,799

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office, Development, Recreational, Residential, Multi-Family, Single Family, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 153
  • Frontage Type: Frontage Road, Public Road, Paved
  • List Price: 1200000
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Nearby, Water Available

Schools

  • Elementary School: Orchard Place Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Algonquin Middle School
  • Middle/Junior School District: 62

Lot Info

  • Lot Size Acres: 0.84
  • Lot Dimensions: 153X480X153X480
  • Zoning: SINGL
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Land Amenities: Curbs and Gutters
  • Total Listed Lots Avail: 2

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 5799
  • Tax Year: 2023

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $245,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12398173

Midwest Real Estate Data (MRED)

APN: 09-33-103-006-0000