5940 W Touhy Ave, Niles, IL 60714
For Lease
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The Touhy Office Center, a Class B, three-story building at 5940 W Touhy Ave, Niles, IL 60714, offers 36,605 square feet of versatile office space. This single building, situated on 2.43 acres of land, underwent renovations in 2023, boasting updated interior hallways and move-in ready suites ranging from 240 to 3,808 square feet. The property features ample parking, catering to both tenants and visitors. Building amenities include elevators. The building is zoned for commercial use and is conveniently located near the intersection of Touhy Avenue and Lehigh. The property is ideal for various office uses, including executive, traditional, medical, and creative office spaces. Multiple tenancy options are available. Built in 1981, this Cook County property offers a prime location in Niles, Illinois, a community recognized for its family-friendly environment, excellent schools, and convenient access to public transportation (including free village bus service), numerous parks, and abundant shopping options. The Village Crossing Shopping Center, within walking distance, provides a wide array of dining and retail choices, including popular restaurants like Naf Naf Grill, Graziano's, and many others. Niles has received high rankings from Niche.com and Businessweek.com for its quality of life and affordability.
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O'Donoghue Builders, Inc. Construction Company General Contractor
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Imperial Realty Company Real Estate Agency
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Apple On Call Inc Electronics & Wireless Store
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TeamLogic IT Tech Support Center IT Consulting Firm
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AAA Engineering Engineer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.