Listing provided courtesy of ARNI Realty IncorporatedMREDas Distributed by MLSGrid- MLS# 12603390
Price Reduced
Images
Request Info740 N Wolf RoadDes Plaines, IL 60016
Commercial · 4,061 Sq. ft.$799,000
Price Change
740 N Wolf Road Overview
- Time on Site:
- 94 days
- Visits:
- 0
** MOTIVATED SELLER ALL OFFERS ARE CONSIDER***This location is well suited for a full-service restaurant concept complemented by banquet and private event facilities, serving weddings, corporate functions, receptions, and private celebrations. The surrounding communities of Des Plaines, Mount Prospect, and Park Ridge provide a strong residential customer base, while nearby hotels and businesses generate consistent corporate and hospitality demand. Located on a high-visibility corridor in Des Plaines, this property offers excellent access to major highways, O'Hare International Airport, and surrounding retail and residential neighborhoods. Ideal for restaurant, retail, office, or redevelopment. The location 740 N Wolf Rd in Des Plaines, IL, is the address for Giacomo's Ristorante Italiano
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
740 N Wolf Road Facts & Features
- Type Commercial
- Sq. ft. 4,061
- Price/Sq.ft. $197
Details
General
Income/Expenses
- Existing Lease Type: Net
- Operating Expense: 0
Business Information
- Business Name: Giacomo's Ristorante Italiano
- Business Type: Restaurant
- Current Use: Commercial
- Number Of Full Time Employees: 5
- Number Of Part Time Employees: 5
Location/Region
- County Or Parish: Cook
- MLS Area Major: Des Plaines
Parking Information
- Parking Ratio: 10.1
Rent/Lease Information
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Roof
Tax Information
- Tax Annual Amount: $38,723.00
- Tax Year: 2024
General Information
- Parcel Number: 03354070270260
- Possible Use: Commercial
- Property Type: Business Opportunity
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 4061
General Information
- Cooling: Central Air
- Electric: Service - 201 to 600 Amps
- Stories: 1
Unit Information
- Unit SqFt.: 1784
Exterior
Lot Information
- Additional Parcels: Yes
- Frontage Type: Public Road,Signal Intersection
- Lot Size Dimensions: 11024
- Lot Size Square Feet: 11024
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick, Block
- Roof: Tile
740 N Wolf Road 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
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.740 N Wolf Road Monthly Cost
740 N Wolf Road Market Data
Based on the last 30 days in this zip code
$377,707
Average List Price
$283
Average Price per Square Foot
67
Properties Sold
47
Average Days on Market
186
Properties for Sale
740 N Wolf Road History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | $799,000 -10.2% |
|
| 6/29/2026Source: MRED | Price Change |
|
| 5/24/2026Source: MRED | Active |
|
| 5/19/2026Source: MRED | $890,000 -3.3% |
|
| 5/18/2026Source: MRED | $920,000 -3.2% |
|
| 5/18/2026Source: MRED | Price Change |
|
| 4/25/2026Source: MRED | Active |
|
| 4/20/2026Source: MRED | $950,000 -4.0% |
|
| 4/20/2026Source: MRED | Price Change |
|
| 4/14/2026Source: MRED | Active |
|
| 4/9/2026Source: MRED | $990,000 -10.0% |
|
| 4/9/2026Source: MRED | Price Change |
|
| 4/4/2026Source: MRED | Active |
|
| 3/30/2026Source: MRED | Price Change |
|
| 3/27/2026Source: MRED | March 27, 2026 |