1430-1440 Miner St

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Address: 1430 Miner St, Des Plaines, IL 60016, USA
Chicago & Midwest + Apartment Buildings
Created date: March 31, 2026
Date last updated: June 8, 2026
Price: $1,625,000Investment Analyzer NEW!
  • Prime Location in Downtown Des Plaines
  • Value Add Opportunity
  • Recent Succesful Property Tax Appeal
  • Across Street from Train Station
  • New Hot Water Tank in 2024
  • New Double Pane Windows in 2017
  • 15 Rear Parking Spaces
  • New Weil-McClain Boiler in 2015
  • Transit Oriented Location
  • New Rubber Membrane Roof in 2014
  • Successful Restaurant Tenant
  • Surrounded by New Development
  • Hardwood Floors in Apartments
  • New Commercial Air Conditioning Unit
  • Zoned for 4 Stories
  • Paid Property Tax Attorney Fees Thru 2028
  • Adjacent to Civic Center/Police HQ
  • Basement Storage
  • New Cabinets in 2 Units
  • Tenants Pay Cooking Gas
  • Rear of Building Painted in 2023

Property Description

33 Realty's pleased to present for sale a value add mixed use opportunity at 1430-1440 Miner St in Des Plaines, IL. Consisting of 4 apartments and 4 retail storefronts (2 are occupied by restaurant) the property's extremely well located in downtown Des Plaines across the street from the train station and adjacent to both Metropolitan Square and City Hall. The entire rear of the building was painted with a fresh coat of white paint in spring 2023. The property's fully occupied and leased at below market rents, presenting a rare available and excellent opportunity to add value with rent increases over time to the commercial tenants and immiedate strategic renovation of the apartment units. Zoned for 4 stories, there's a real opportunity to build an additional 2 floors of apartments above. The building's surrounded by new development including Class A apartments and just across the street from the classic Des Plaines Theater, which was purchased by the village and underwent $6M renovation in 2022.
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Broker Details

John Meyer
John Meyer

33 Realty 312-415-9586

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Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,625,000
No. of Units: 8
Year Built: 1920
Lot Size: 0.26 Acres
Opportunity Zone: No
Price per unit: $203,125
Property Website Click Here
Address: 1430-1440 Miner St, Des Plaines, IL 60016, USA
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