Des Plaines, Illinois Commercial Real Estate 5 Listings
Des Plaines, Illinois: A Premier Destination for Commercial Real Estate
Introduction
Des Plaines, Illinois, is a vibrant city situated in the Chicagoland area, offering a robust commercial real estate (CRE) market. With a population of around 60,000, Des Plaines is strategically located near major transportation hubs and boasts a diverse economy, making it an attractive destination for investors and businesses. The city is characterized by its strong industrial base, flourishing retail sector, and growing office space demand, driven by key industry clusters and its unique positioning within the region.
Economic and Industry Overview
Des Plaines is home to a diverse range of industries that fuel its CRE market. Key sectors include:
- Manufacturing and Logistics: The city's proximity to O'Hare International Airport and major highways fosters a strong manufacturing and logistics sector, driving demand for industrial and warehouse space.
- Retail: The retail sector thrives due to Des Plaines' strategic location, serving both local residents and nearby communities, which increases the need for retail properties.
- Healthcare and Technology: Emerging healthcare and tech industries are contributing to a rising demand for office and flex spaces.
The Des Plaines Economic Development Commission actively promotes initiatives to attract and retain businesses, further enhancing the city's CRE landscape.
Strategic Location and Transportation Infrastructure
Des Plaines offers exceptional transportation infrastructure that enhances its appeal as a commercial hub:
- Highways: The city is accessible via I-90, I-294, and U.S. Route 14, facilitating efficient logistics and commuting.
- Airports: Located just minutes from O'Hare International Airport, Des Plaines provides unparalleled access to global markets.
- Rail: Metra's Union Pacific/Northwest Line serves the city, connecting it to downtown Chicago and beyond.
For more information on transportation, visit the Illinois Department of Transportation.
Commercial Real Estate Inventory & Zoning
Des Plaines boasts a diverse range of CRE submarkets, including:
- Central Business District (CBD): A hub for office and retail spaces.
- Industrial Corridors: Located near major transportation routes, offering extensive warehouse and distribution facilities.
- Retail Hubs: Featuring shopping centers and standalone retail properties.
The city offers zoning incentives and overlays to encourage development, with detailed zoning maps available on the Des Plaines Planning and Zoning Department.
Major Employers and Institutions
Key employers in Des Plaines include:
- Honeywell UOP: A leading provider of technology for the petroleum refining industry.
- Holy Family Medical Center: A significant healthcare provider.
- Sysco Chicago: A major player in food distribution.
These institutions, along with others, are significant drivers of CRE demand in the city. For a comprehensive list, visit the Des Plaines Chamber of Commerce.
Notable Commercial Developments & Projects
Des Plaines is witnessing exciting developments, including:
- Pearson Street Mixed-Use Project: A transformative development featuring retail, office, and residential spaces.
- Opportunity Zones: Designated areas offering tax incentives for investors.
Information on upcoming projects can be found on the Des Plaines Community and Economic Development Department.
Building Permits, Planning, and Development Tools
For developers and investors, Des Plaines provides comprehensive tools and resources:
- Building and Safety Department
- Permitting Portal
- GIS/Parcel Map Viewer
- Planning Commission
- Development Code
Market Data & Economic Reports
Des Plaines offers access to a wealth of public data and reports, enhancing market insights:
Brevitas leverages AI-powered aggregation from public data and internal insights to provide unparalleled market intelligence. Explore Brevitas-powered dashboards for Des Plaines, Illinois.
Why Use Brevitas for Des Plaines, Illinois CRE?
Brevitas stands as the premier CRE marketplace, offering:
- AI-driven CRE discovery: Enabling precise property searches and market insights.
- Real-time market alerts: Keeping you informed of the latest opportunities.
- Smart property pages and dealroom collaboration: Facilitating seamless transactions.
- Exclusive listings and premium exposure: Ensuring maximum visibility for your listings.
Brevitas empowers brokers and developers with tools like auto-generated listing pages, email and landing page tools, and integration capabilities, making it the go-to platform for Des Plaines commercial real estate.
