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.
Property Details
Price:
$850,000
MLS #:
MRD12475919
Status:
Active
Beds:
5
Baths:
3
Type:
Land
Neighborhood:
desplaines
Listed Date:
Oct 15, 2025
Schools
School District:
207
Interior
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Heating
Natural Gas
Exterior
Other Structures
Garage(s), Residence
Parking Features
Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$12,051
Listing Agent & Office
Andrzej Olszowka
Troy Realty Ltd
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