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Property profile & analytics
OFF-MARKET Estimated value $510,000
Retail space

1350 Touhy Ave Des Plaines, IL 60018-3303

8.5 ac lot Built 1981
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-0664160
Property summary
AI-generated overview

This exceptional three-story office building, located at 1350 East Touhy Avenue in Des Plaines, Illinois (zip code 60018), offers a variety of executive office spaces for lease. Situated in the Suburban - O'Hare submarket of Cook County, this property boasts a total of 244,049 square feet. Multiple tenancy options are available, with spaces ranging from a minimum of 1,494 square feet to a maximum contiguous space of 17,139 square feet. Currently, 20,136 square feet of space is vacant and ready for immediate occupancy. Built in 1980, the building features an attractive atrium lobby with high-end finishes, creating a professional and welcoming atmosphere. On-site amenities include a convenient Halsted Street Deli for quick lunches and a fully equipped fitness center for employee wellness. A dedicated conference/training room is also available for business meetings and presentations. This prime location offers easy access to major transportation routes and is ideal for businesses seeking modern, efficient, and well-appointed office space in the thriving Des Plaines area. The property is easily accessible from O'Hare International Airport.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1981
Lot 8.5 ac (370,260 SF)
APN 09-29-400-008
UPID US28-0664160
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
  • 1350 Touhy Plaza Shopping Center & Mall
  • Silverado Hospice of Greater Chicago Nursing Home
  • Empresa de Antony Government Office
  • Benjamin West - Chicago Corporate Office
  • Engage & Resonate, LLC Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
1350 East Touhy LLC · 11 yrs held
1350 East Touhy LLC
since 2014
7 recorded transactions
2019
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
2014
Price N/A
2012
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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