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Listing provided courtesy of Listing Leaders NorthwestMREDas Distributed by MLSGrid- MLS# 12691313MLS Provider

510 E Dearborn StreetPlano, IL 60545

Commercial · 4,500 Sq. ft.
$500,000 New

510 E Dearborn Street Overview

Time on Site:
1 day
Visits:
0

Exceptional opportunity in the heart of Plano! This versatile commercial property offers over two levels of functional space, making it ideal for a variety of uses including private clubs, event venues, community organizations, banquet facilities, and more. The main level features a welcoming bar area, spacious meeting/gathering room, and a fully equipped kitchen, providing the perfect setting for meetings, social events, and everyday operations. Upstairs, you'll find an expansive banquet hall capable of accommodating large gatherings, along with a full-size commercial kitchen designed to handle events of any scale. Situated on a generously sized lot with abundant parking, the property also offers ample outdoor space for festivals, fundraisers, community events, and additional entertainment opportunities. A rare chance to own a well-maintained, multi-functional property with endless potential in a highly accessible location.

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510 E Dearborn Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,500
  • Price/Sq.ft. $111

Details

General

Income/Expenses

  • Operating Expense: 0

Business Information

  • Business Type: Bar/Tavern/Lounge,Restaurant

Location/Region

  • County Or Parish: Kendall
  • MLS Area Major: Plano

Tax Information

  • Tax Annual Amount: $1,133.00
  • Tax Year: 2024

General Information

  • Parcel Number: 0122478028
  • Property Type: Business Opportunity

Interior

Building Interior

  • Building Area Total: 4500

General Information

  • Cooling: Central Air
  • Stories: 2

Unit Information

  • Unit SqFt.: 4500

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 244x180x244x178
  • Lot Size Square Feet: 52272

510 E Dearborn Street Neighborhood

Community

60545 (Plano) Demographics

36
Median Age
353
Population Density (per sq. mile)
36%
College Educated
$80,731
Estimated Median Income
3,568
Estimated Total Home Owners
1,188
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

510 E Dearborn Street Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

510 E Dearborn Street Market Data

Based on the last 30 days in this zip code

$420,435
Average List Price
$200
Average Price per Square Foot
8
Properties Sold
37
Average Days on Market
34
Properties for Sale
Calculations provided by Reliance Network

510 E Dearborn Street History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026