Prime Development Opportunity - Corner Lot at Oakton & Oxford | Des Plaines, IL | High vehiles count per day. Unlock the full potential of this high-visibility corner parcel located at 1596 Oxford Rd., Des Plaines, IL 60018, at the intersection of E Oakton Street and Oxford Road. Offering approximately 0.69 acres of land with lot dimensions 143FT x 223FT, this site is ideal for various use: commercial, retail, service or residential development in one of Des Plaines' most strategic and growing areas. Key Highlights: Corner Location with exceptional exposure and traffic volume Zoned residential with potential for PUD future multifamily use - ideal for townhomes, apartments, condos, commercial/retail & service. Zoning change required for the purchaser desire. Public water and sewer available to site. Existing structure: Updated two-story home with two separate rental units (fully remodeled in 2019) - producing immediate rental income while you plan redevelopment Lot Size: ~30,000+ SF / ~0.69 Acres Strategically Positioned: Moments from downtown Des Plaines, Metra, shopping, schools, and parks Close proximity to O'Hare Airport and major highways Growing demand in surrounding residential areas makes this a lucrative build opportunity Whether you're a builder, developer, or investor, this site offers flexibility and value-from short-term rental income to long-term multifamily construction potential. Contact Listing Broker for additional site details, zoning potential, and conceptual development support.
Re-activated
$850,000
1596 Oxford Rd, Des Plaines, IL 60018
5beds
0.69Acres
Unimproved Land
Built in ----
0.69 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot
- 110 days |
- 170 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: February 02, 2026 at 05:16pm
Listing courtesy of:
Andrew Olszowka 773-447-4767,
Troy Realty Ltd
Source: MRED as distributed by MLS GRID,MLS#: 12475919
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished,Partial
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Has garage: Yes
Features
- Stories: 2
- Frontage length: 142
Lot
- Size: 0.69 Acres
- Dimensions: 108X38X198X143X222
Details
- Additional structures: Garage(s), Residence
- Parcel number: 09194040120000
- Special conditions: List Broker Must Accompany
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Electric to Site, Natural Gas Available
Community & HOA
Location
- Region: Des Plaines
Financial & listing details
- Tax assessed value: $490,210
- Annual tax amount: $12,051
- Date on market: 10/16/2025
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2025 | Listed for sale | $850,000+41.9% |
Source: | ||
| 7/31/2018 | Listing removed | $599,000 |
Source: Arc Realtors Inc #09715236 Report a problem | ||
| 8/8/2017 | Listed for sale | $599,000+71.1% |
Source: Arc Realtors Inc #09715236 Report a problem | ||
| 4/13/2006 | Sold | $350,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $12,051 +2.7% | $49,021 |
| 2022 | $11,734 +64.3% | $49,021 +84.5% |
| 2021 | $7,141 +0.7% | $26,563 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 60018
Nearby schools
GreatSchools rating
- 10/10Forest Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Algonquin Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Maine West High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: 207
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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