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    FOR LEASE
    Retail space

    5940 W Touhy Ave, Niles, IL 60714

    2.43 ac lot Built 1965
    Individually Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-5598186
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1965
    Lot 2.43 ac (105,851 SF)
    APN 10-29-402-029
    UPID US28-5598186
    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
    • O'Donoghue Builders, Inc. Construction Company General Contractor
    • Imperial Realty Company Real Estate Agency
    • Apple On Call Inc Electronics & Wireless Store
    • TeamLogic IT Tech Support Center IT Consulting Firm
    • AAA Engineering Engineer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    American Chartered Bk · 15 yrs held
    American Chartered Bk
    since 2010
    5 recorded transactions
    2019
    2010
    2005
    $3.5M
    2005
    $2.3M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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