8705 W Ballard Rd, Des Plaines, IL 60016

Off Market Sep 2017 for $668K

—

•

6 ba

•

—

sq ft

8705 W Ballard Rd, Des Plaines, IL 60016

About this home

Six-unit apartment building located in Des Plaines, Illinois. 100% occupied. Five 2BR/1BA, one 1BR/1BA. Great opportunity to purchase a well-maintained building in a highly desirable location. Close to schools and all highways. Renter pay own utilities gas, electric, and cable. There is a $360.00 per Month Association fee for the building that includes, snow removal, lawn care and insurance. Turn key investment. Call for appointment.

Multi-familyProperty Type

1992Year Built

0.36 acresLot Size

30 spacesParking

Listed by Danny McGovern • RE/MAX Properties Northwest

Bought with Martin Flynn • RE/MAX Properties Northwest

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #09603697

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 60016, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.3% MoM

Median sale price

$357K

$3K MoM

Avg. days on market

46d

2 days MoM

Recently sold homes

235

14 MoM

New listings for sale

NEW
$360,000
3 beds2 baths1,532 sq ft
1185 Seymour Ave, Des Plaines, IL 60016
NEW
$215,000
2 beds1 bath900 sq ft
9575 N Terrace pl Pl Unit 2G, Des Plaines, IL 60016
NEW
$845,000
8 beds4 baths— sq ft
680 Beau Ct, Des Plaines, IL 60016
NEW
$249,000
2 beds2 baths1,000 sq ft
1441 E Thacker St #304, Des Plaines, IL 60016
NEW 23 HRS AGO
$474,900
4 beds2 baths1,963 sq ft
420 Berkshire Ln, Des Plaines, IL 60016
$429,900
3 beds2.5 baths1,740 sq ft
754 Hanbury Dr #754, Des Plaines, IL 60016
$659,900
5 beds3.5 baths2,755 sq ft
736 Concord Ln, Des Plaines, IL 60016
OPEN TODAY, 12PM TO 4PM
$880,000
8 beds4.5 baths— sq ft
651 Beau Ct, Des Plaines, IL 60016
$410,000
2 beds2.5 baths1,776 sq ft
309 Western Ave, Des Plaines, IL 60016
OPEN SUN, 12PM TO 2PM
$450,000
3 beds2 baths— sq ft
139 Harding Ave, Des Plaines, IL 60016
See all

Provided by Redfin

Sale history for 8705 W Ballard Rd

Year

Property tax

Land + Additions

Assessment*

2023

$23,036 (+5.1%)

$4,983 + $80,016

$84,999

2022

$21,909 (+245.0%)

$4,983 + $80,016

$84,999

2021

$6,350 (+2.4%)

$7,666 + $12,554

$20,220

2020

$6,202 (+1.6%)

$7,666 + $12,554

$20,220

2019

$6,104 (−12.8%)

$7,666 + $14,958

$22,624

2018

$7,004 (+1.4%)

$6,708 + $16,068

$22,776

2017

$6,907 (+7.2%)

$6,708 + $16,068

$22,776

2016

$6,446 (−26.4%)

$6,708 + $16,068

$22,776

2015

$8,755 (+3.6%)

$6,708 + $21,617

$28,325

2014

$8,449 (+1.7%)

$6,708 + $21,617

$28,325

2013

$8,311 (+15.5%)

$6,708 + $21,617

$28,325

2012

$7,193 (+4.0%)

$6,708 + $21,617

$28,325

2011

$6,913 (+0.7%)

$6,708 + $21,617

$28,325

2010

$6,865 (−32.1%)

$6,708 + $21,617

$28,325

2009

$10,114 (+5.7%)

$4,638 + $40,682

$45,320

2008

$9,567 (−60.9%)

$7,421 + $44,079

$51,500

2007

$24,467

$7,421 + $129,779

$137,200

Tax history for 8705 W Ballard Rd

Year

Property tax

Land + Additions

Assessment*

2023

$23,036 (+5.1%)

$4,983 + $80,016

$84,999

2022

$21,909 (+245.0%)

$4,983 + $80,016

$84,999

2021

$6,350 (+2.4%)

$7,666 + $12,554

$20,220

2020

$6,202 (+1.6%)

$7,666 + $12,554

$20,220

2019

$6,104 (−12.8%)

$7,666 + $14,958

$22,624

2018

$7,004 (+1.4%)

$6,708 + $16,068

$22,776

2017

$6,907 (+7.2%)

$6,708 + $16,068

$22,776

2016

$6,446 (−26.4%)

$6,708 + $16,068

$22,776

2015

$8,755 (+3.6%)

$6,708 + $21,617

$28,325

2014

$8,449 (+1.7%)

$6,708 + $21,617

$28,325

2013

$8,311 (+15.5%)

$6,708 + $21,617

$28,325

2012

$7,193 (+4.0%)

$6,708 + $21,617

$28,325

2011

$6,913 (+0.7%)

$6,708 + $21,617

$28,325

2010

$6,865 (−32.1%)

$6,708 + $21,617

$28,325

2009

$10,114 (+5.7%)

$4,638 + $40,682

$45,320

2008

$9,567 (−60.9%)

$7,421 + $44,079

$51,500

2007

$24,467

$7,421 + $129,779

$137,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

09143080191003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 11, 2026.

General Residence District

The R-8 General Residence District is intended to provide for high density residential developments. This district is intended to create a predominantly residential environment consisting of all types of residential structures, as well as schools, parks, churches and public facilities which serve the residents of the district. General commercial or industrial uses, except those enumerated, are prohibited. This district normally abuts major thoroughfares and expressways that provide direct access to the site and is typically located in or near high intensity areas of the County. Public or community utilities are required to service uses in this district.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Golf related
Sports arena / stadium
Park & open space

Property details

Parking

Parking Information
# of Parking Spaces: 30
19-30 Outdoor Parking Spaces

Interior

Heating & Cooling
Forced Air Heating

Exterior

Building Information
Age: 26-35 Years
Brick Exterior
Concrete Construction
Concrete Foundation
Shingle Composition Roof
Gabled Roof

Lot Information
Dimensions: 15,612 SF
Zoning: MULTI

Property Information
Parcel Identification Number: 09143080191003

Financial

Financial Information
Tax: $8,950
Tax Year: 2015
Total Monthly Income: $19,196
Total Annual Income: $64,800
Gross Rental Income: $63,000
Gross Rent Multiplier: 10.8
Net Operating Income: $45,604
Cap Rate: 6.7
Finance Code: Conventional

Location

Multi-Family Information
# of Units: 6
Tenant Pays Air Conditioning, Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water/Sewer

Unit 1 Information
# of Units of Type: 3
# of Rooms: 4
# of Beds: 2
# of Baths: 1
Monthly Income: $900
Maximum Monthly Income: $1,000

Unit 2 Information
# of Units of Type: 1
# of Rooms: 4
# of Beds: 2
# of Baths: 1
Monthly Income: $950
Maximum Monthly Income: $1,000

Unit 3 Information
# of Units of Type: 1
# of Rooms: 4
# of Beds: 2
# of Baths: 1
Monthly Income: $800
Maximum Monthly Income: $1,000

Unit 4 Information
# of Units of Type: 1
# of Rooms: 3
# of Beds: 1
# of Baths: 1
Monthly Income: $800
Maximum Monthly Income: $900

Location Information
Township: MAINE
Directions: Greenwood north of Dempster to Ballard west to Property

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 09143080191003

Home facts updated by county records on Jul 11, 2026

Other

Expense Information
Total Annual: $19,196
Electricity: $576

Listing Information
Seller Concessions: No

Around this home

Schools

Mark Twain Elementary School

Public K-5 • Assigned • 0.7mi

6/10

Gemini Middle School

Public 6-8 • Assigned • 0.2mi

7/10

Maine East High School

Public 9-12 • Assigned • 0.8mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

6 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Des Plaines, IL • 60016

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

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9575 N Terrace pl Pl Unit 2G, Des Plaines, IL 60016

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2 beds2.5 baths1,776 sq ft

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Home values near 8705 W Ballard Rd

Data from public records.

Address	Redfin Estimate
8713 West Ballard Rd, Des Plaines, IL 11 Beds \| 10 Baths \| - Sq. Ft.	—
8724 West Ballard Rd, Des Plaines, IL 3 Beds \| 3.5 Baths \| - Sq. Ft.	$470,914

Address	Redfin Estimate
8728 West Ballard Rd, Des Plaines, IL 3 Beds \| 2.5 Baths \| 2025 Sq. Ft.	$458,507
8732 West Ballard Rd, Des Plaines, IL 3 Beds \| 2.5 Baths \| 2052 Sq. Ft.	$427,673

Address	Redfin Estimate
8720 West Ballard Rd, Des Plaines, IL 3 Beds \| 2.5 Baths \| 2052 Sq. Ft.	$467,373
9003 Jacqueline Dr, Des Plaines, IL 3 Beds \| 2.5 Baths \| 2160 Sq. Ft.	$491,436

Property information provided by MRED as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 60016, IL

Sale history for 8705 W Ballard Rd

Tax history for 8705 W Ballard Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60016

Home values near 8705 W Ballard Rd

More real estate resources