For sale Home

Listed Apr 23, 2026

$850,000 Est. $5,622/mo

1596 Oxford Lane

  • 6

    Beds

  • 2

    Baths

  • 3,000

    Sq ft

The story

Des Plaines Corner parcel located at E Oakton St. & Oxford Rd. offering approximately 0.69 acres (30,000+ SF) with high visibility and traffic exposure. Irregular lot dimensions (108X38X198X143X222) provide flexibility for redevelopment. Existing two-story structure includes two units (non-conforming/unverified), fully rented with below-market rents: 4-bedroom unit 2-bedroom unit Total income: $4,000/month Property allows for immediate income while planning future development. Potential uses include townhomes, apartments, or condominiums (buyer to verify zoning). Public water and sewer available. Close to downtown Des Plaines, Metra, O'Hare, and major highways. Call Listing Broker for additional details.

Facts & features

Home type

Home

Lot size

1 acres

Price per sq ft

$283

Parking

2-car garage

Included features

  • Cooling

    Central Air

  • Heating

    Gas

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$5,622 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,524
  • Property tax $850
  • Insurance $248

Includes principal, interest, taxes & insurance.

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Listing Broker

Troy Realty Ltd

Broker Name

Troy Realty Ltd

Agent

Andrzej Olszowka