New ListingWelcome to this well maintained tenant-occupied condo at 1243 Brown St, Unit 2G, in Des Plaines. Last renovated in 2023. Stainless steel appliances, renovated kitchen and bathroom. Desirable Des Plaines location close to shopping, dining, transportation, parks, and major roadways. Excellent investment opportunity with Significant Rental Upside! The property comes with a tenant in place through March 29, 2027, providing an investor with immediate rental income and the opportunity to plan for a potentially substantial rent increase when the current lease expires. Opportunity to increase the monthly rent with $300+ in March 2027. Owner is a licensed real estate agent in IL. **Tenants residing in unit, Showings need days notice.
| MLS # | 12753133 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $332 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 3 |
| Listing Provided By | Runway Realty Inc | Gabriela Petkova |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,000 |
| Story(s) | 3 |
| Rooms Total | 5 |
|---|---|
| Cooling | Wall Unit(s) |
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Parking Features | Yes, Owned |
|---|
| Sewer | Public Sewer |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 2963.9 |
| State | IL |
|---|---|
| County | Cook |
| City | Des Plaines |
| Zip Code | 60016 |
| Area | Des Plaines |
| School District | Maine West High School |
| Elementary School | North Elementary School |
| High School | Maine West High School |
| Listing VS Median (in 60016) | |
Price: $225,000 low | high Med: $334,900 sqft: 1,000 low | high Med: 1,600 $ / sqft: $225 low | high Med: $209 On site: 3 low | high Med: 63 | |
| State | IL |
|---|---|
| County | Cook |
| City | Des Plaines |
| Zip Code | 60016 |
| Area | Des Plaines |
| School District | Maine West High School |
| Elementary School | North Elementary School |
| High School | Maine West High School |
| Listing VS Median (in 60016) | |
Price: $225,000 low | high Med: $334,900 sqft: 1,000 low | high Med: 1,600 $ / sqft: $225 low | high Med: $209 On site: 3 low | high Med: 63 | |