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Property profile & analytics
FOR SALE
Office buildings

1111 E Touhy Ave Des Plaines, IL 60018

5.26 ac lot Built 1976
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-0752207
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 67,394 square feet of vacant space available, presenting a unique opportunity for immediate occupancy. Situated in Cook County, with easy access via the address 1111 E Touhy Ave, Des Plaines, IL 60018, this property benefits from a highly desirable location. The building's multiple tenancy structure ensures a vibrant and collaborative environment. This is an ideal opportunity to establish or expand your business in a modern, well-maintained, and conveniently located executive office setting. The building's strategic location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a prominent presence in the Des Plaines market. Contact us today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1976
Lot 5.26 ac (229,126 SF)
APN 09-32-101-021
UPID US28-0752207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • National Insurance Crime Training Academy Training Center
  • Health Insurance - Rick Yale Insurance Agency
  • Main Line Benefits - Jeff Horn Insurance Agency
  • Great Lakes Representatives Corporate Office
  • Kellermeyer Godfryt Hart Architect Structural Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Adm3 LLC · 16 yrs held
Adm3 LLC
since 2009
7 recorded transactions
2017
Price N/A
2016
Price N/A
2009
$7.0M
2002
$1.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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