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    1350 Touhy Ave Des Plaines, IL 60018

    Sponsored
    For Lease
    $25 SF/Yr

    Des Plaines office, flexible suites, O'Hare proximity.

    Lot size:
    244,049 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This three-story, 244,049 square foot office building at 1350 Touhy Plaza offers multiple tenancy options in the Suburban - O'Hare submarket of Des Plaines. Built in 1980, the property features a spacious second-floor atrium ideal for various uses. Available spaces range from 1,494 to 17,139 contiguous square feet, with a total of 20,136 square feet currently vacant. On-site management and engineering teams provide responsive support. Building amenities include a convenient on-site deli, a conference/training center, and a fitness center. Ample underground and outdoor heated parking is available. The location boasts exceptional accessibility, situated just half a mile from O'Hare International Airport and conveniently close to three major highways: I-90, I-294, and I-190. Numerous hotels and restaurants are within walking distance, as is the Allstate Arena. A free shuttle service connects the property to the Rosemont Blue Line station, enhancing commuting options. This property presents a unique opportunity for businesses seeking a well-appointed office space with unparalleled convenience and accessibility. The building consists of four total suites.

    Property Features for 1350 Touhy Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    244,049 SF
    Total Rate
    508435.42

    Building Details

    Year Built
    1980
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 210E
    Size
    17,139 SF
    Rate per SF
    $25
    Space
    Suite 342E
    Size
    1,494 SF
    Rate per SF
    $25

    HighLights

    • Office building totaling 244,049 square feet.
    • Multiple suites available, ranging from 1,494 to 17,139 contiguous square feet; 20,136 square feet currently vacant.
    • Three‑story building constructed in 1980, located in the Suburban - O'Hare submarket of Des Plaines.
    • Convenient access to I‑90, I‑294, and I‑190, and a half‑mile from O'Hare International Airport.
    • Amenities include on‑site management, ample underground heated parking, a fitness center, conference center, and a free shuttle to the Rosemont Blue Line station.
    Property Profile Location Intelligence

    Current Use by Public Records

    1350 Touhy Plaza Shopping Mall Silverado Hospice of Greater ... Hospice Empresa de Antony Government Office Benjamin West - Chicago Corporate Office Engage & Resonate, LLC Marketing Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8897983
    Latitude
    42.0104426

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    FAQs

    What type of property is this?
    Office Property / Space - Des Plaines office, flexible suites, O'Hare proximity.
    Where is this office property / space located?
    The property is located at 1350 Touhy Ave Des Plaines, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Office building totaling 244,049 square feet.; Multiple suites available, ranging from 1,494 to 17,139 contiguous square feet; 20,136 square feet currently vacant.; Three-story building constructed in 1980, located in the Suburban - O'Hare submarket of Des Plaines.
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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
    1350 Touhy Ave Des Plaines, IL 60018
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