O’Hare Offices 1111 E Touhy Ave 148,444 SF 55% Leased Office Building Des Plaines, IL 60018 For Sale

Positioned within the dynamic O’Hare office submarket, 1111 E Touhy Avenue presents a compelling value-add opportunity for investors seeking a strategic foothold in the Chicago MSA. This five-story, Class B office building spans 151,189 square feet and sits on a 5.45-acre parcel adjacent to Lake Opeka, offering scenic views and recreational access. Recently renovated, the property features a modern two-story atrium lobby, reflective glass curtain wall, and robust mechanical systems including dual air-handlers per floor and a centralized chiller system.
The building is 62% occupied across 21 units, providing immediate upside through lease-up potential. Located just three miles from O’Hare International Airport and minutes from major expressways including I-90, I-294, and I-290, the site offers unparalleled connectivity. The surrounding Des Plaines/Rosemont area is home to Fortune 500 headquarters, convention centers, and entertainment venues, making it a magnet for corporate tenants. With strong demographics—over 96,000 employees and an average household income of $133,372 within three miles—the property is well-positioned to attract a diverse tenant base.
This asset benefits from proximity to the transformative “O’Hare 21” airport modernization project, which is expected to further elevate the area’s appeal. Investors will appreciate the combination of location, infrastructure, and tenant demand that make 1111 E Touhy a standout opportunity in suburban Chicago.