Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1111 E Touhy Ave Des Plaines, IL 60018

FOR LEASE
Office buildings
Property ID
US28-0752207
5.26 ac lot Built 1976
Last sale Oct 2009 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional five-story executive office building, located at 1111 E Touhy Avenue in Des Plaines, Illinois, offers a diverse range of premium office spaces for lease. The building boasts a total of 148,000 square feet, encompassing nine individual suites, providing flexibility for businesses of various sizes. Units range from a minimum of 760 square feet to a maximum contiguous space of 31,572 square feet, catering to both small startups and large corporations. Currently, there are…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$546k
Tax billed · 2022
Assessed value$2.12M
Assessed land$802k
Assessed improvement$1.32M
Effective rate25.73%

Value estimate

· Oct 2026
$480k
$432k – $528k
AI approach$480k
NOI build-up
Gross scheduled income$779k
Vacancy & credit loss−$194k
Operating expenses−$146k
NOI · 1,868,000.00% cap applied$439k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$51 – $273

Cap rate analysis

How does the asset earn?
1,868,000.00%
$439k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.6
Dental Office22.3
Spa & Massage20.5

Location

1111 E Touhy Ave Des Plaines, IL 60018
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1829 Oakton St, Des Plaines, IL 60018-2111 $425,000 Jul 2025 No data
6250 Riv Rd, Rosemont, IL 60018-4265 $53,250,000 Oct 2024 381,000 SF
2700 Riv, Des Plaines, IL 60018-4101 $5,000,000 Oct 2023 No data
2340 Riv, Des Plaines, IL 60018-3212 $4,928,000 Oct 2023 No data
9550 Higgins, Rosemont, IL 60018-4906 $38,750,000 Nov 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again