Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12686475MLS Provider

38 N Broadway StreetDes Plaines, IL 60016

Commercial · 1,950 Sq. ft. | 0.06 Acres
$325,000 Active

38 N Broadway Street Overview

Time on Site:
6 days
Visits:
0

Nestled Between Two Major Thoroughfares (Golf Road and Northwest Highway) With a Combined 46,700 VPD --- Excellent In-Place Tenants With Uses in the Medical and Personal Services Categories (Currently 4/5 Leased) --- Remaining Space (Unit 3 (270 SF)) Could be Leased Out or Used by the New Owner --- Close Proximity to the Metra Union Pacific Northwest (UP-NW) Line's Cumberland Station and Pace Buses --- A Short Distance to Downtown Des Plaines --- Area Retailers Include Mariano's, Caputo's Fresh Market, ALDI, Walmart Super center, Walgreens, Marshalls, Burlington, Ross, LA Fitness, Raising Cane's, Buona, Scooter's Coffee, and More

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

38 N Broadway Street Facts & Features

  • Type Commercial
  • Sq. ft. 1,950
  • Price/Sq.ft. $167
  • Lot 0.06 Acres

Details

General

Income/Expenses

  • Gross Income: 27900
  • Gross Scheduled Income: 27900
  • Net Operating Income: 27900
  • Operating Expense: 10768

Building Information

  • Year Built: 1962

Business Information

  • Current Use: Commercial,Office

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Des Plaines

Tax Information

  • Tax Annual Amount: $10,768.00
  • Tax Year: 2023

General Information

  • Parcel Number: 09182010240000
  • Possible Use: Commercial,Office,Retail
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1950

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Varies, Wood
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 695
  • Stories: 1

Unit Information

  • Unit SqFt.: 1345

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: Public Road
  • Lot Size Dimensions: 35.00' X 75.00'
  • Lot Size Square Feet: 2625

Building Exterior/Construction

  • Construction Materials: Brick, Stone
  • Roof: Membrane, Reflective Coating, Rubber

General Information

  • Number Of Units Total: 5

38 N Broadway Street Neighborhood

Community

60016 (DES PLAINES) Demographics

42
Median Age
5,565
Population Density (per sq. mile)
50%
College Educated
$67,404
Estimated Median Income
15,812
Estimated Total Home Owners
7,538
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

38 N Broadway Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

38 N Broadway Street Market Data

Based on the last 30 days in this zip code

$377,354
Average List Price
$282
Average Price per Square Foot
67
Properties Sold
48
Average Days on Market
192
Properties for Sale
Calculations provided by Reliance Network

38 N Broadway Street History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/23/2026Source: MRED Added to Database
June 23, 2026