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    2200 Devon Ave Des Plaines, IL 60018

    Sponsored
    For Lease
    $14 SF/Yr

    Prime O'Hare office space, multiple suites available.

    Lot size:
    88,359 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This Des Plaines, IL office property, located at 2200 E Devon Ave, zip code 60018, offers a diverse range of office spaces within the O'Hare submarket. The property comprises three buildings totaling 350,000 square feet of prime office space situated around a 16-acre lake. The buildings, constructed in 1969 and renovated in 2020, are classified as Class B and feature a total of 88,359 square feet, spread across three stories. Available suites range from 880 to 5,979 square feet, catering to various business needs. The property boasts ample parking with over 2,114 spaces and includes modern amenities such as elevators, granite lobbies, and high-speed internet service. On-site management ensures efficient building operations. A significant advantage is the 3,000 feet of frontage along I-294 Tollway, providing excellent accessibility. Furthermore, a 35-person conference room with a full kitchen is available for tenant use. The property is suitable for traditional, executive, medical, and creative office uses.

    Property Features for 2200 Devon Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    88,359 SF
    Class
    B
    Total Rate
    103085.5

    Building Details

    Year Built/Renovated
    1969/2020
    Stories
    3

    Unit(s) available at that property

    Space
    101
    Size
    889 SF
    Rate per SF
    $14
    Space
    104
    Size
    5,946 SF
    Rate per SF
    $14
    Space
    179
    Size
    5,925 SF
    Rate per SF
    $14
    Space
    250
    Size
    4,370 SF
    Rate per SF
    $19
    Space
    282
    Size
    880 SF
    Rate per SF
    $14
    Space
    288
    Size
    3,202 SF
    Rate per SF
    $19
    Space
    314
    Size
    5,979 SF
    Rate per SF
    $19
    Space
    317
    Size
    1,803 SF
    Rate per SF
    $14
    Space
    340
    Size
    2,147 SF
    Rate per SF
    $19
    Space
    351
    Size
    2,800 SF
    Rate per SF
    $19
    Space
    354
    Size
    2,803 SF
    Rate per SF
    $19
    Space
    388
    Size
    1,579 SF
    Rate per SF
    $19

    HighLights

    • Convenient tollway access via I‑294 frontage.
    • Five‑minute proximity to O'Hare International Airport terminals.
    • Public transit access via River Road CTA Blue Line station.
    • Pace bus service at each building.
    • 15‑mile expressway commute to downtown Chicago.
    • 18 nearby hotels offering over 7,000 rooms and event space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coaching Financial Concepts Financial Consultant ASA Chicago (The Association ... Non-Profit Organization Crohn's and Colitis Foundation ... Social Services Organization SERBEST LAW Immigration Attorney Dino Analitis & Associates ... Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.868338834385
    Latitude
    41.995680432818

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    FAQs

    What type of property is this?
    Office space - Prime O'Hare office space, multiple suites available.
    Where is this office space located?
    The property is located at 2200 Devon Ave Des Plaines, IL.
    What is the lease rate?
    The lease rate is $14-$19 SF/Yr.
    What are key features of this property?
    This property features: Convenient tollway access via I-294 frontage.; Five-minute proximity to O'Hare International Airport terminals.; Public transit access via River Road CTA Blue Line station.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2200 Devon Ave Des Plaines, IL 60018
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