1596 Oxford Lane Des Plaines IL 60016 MLS #MRD12627380

1596 Oxford Lane
Des Plaines, IL, 60016
$850,000
6 Beds
2 Baths
3,000 SqFt
0.69 Acres
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MLS #MRD12627380 image #0
Development Opportunity with Income – 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.

Property Details

Price:
$850,000
MLS #:
MRD12627380
Status:
Active
Beds:
6
Baths:
2
Type:
Single Family
Neighborhood:
desplaines
Listed Date:
Apr 23, 2026
Finished Sq Ft:
3,000
Des PlainesDesplaines

Schools

School District:
62

Interior

Bathrooms
2 Full Bathrooms
Cooling
Central Air
Heating
Natural Gas

Exterior

Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Detached, Garage
Parking Spots
2
Parking Total
2

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$10,839

Listing Agent & Office

Andrzej Olszowka
Troy Realty Ltd

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disclosure
Courtesy of Troy Realty Ltd. Disclaimer: Based on information submitted to the MLS GRID as of May-24-2026 2:27:20 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2026. All rights reserved.
Rover IDX
1596 Oxford Lane
Des Plaines, IL