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1111 E Touhy Ave
Des Plaines, IL 60018
O’Hare Offices · Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Located in the thriving O’Hare office submarket
  • Adjacent to Lake Opeka with recreational amenities
  • Easy access to I-90, I-294, and I-290 expressways
  • 62% occupied with 21 total units offering lease-up upside
  • Three miles from O’Hare International Airport
  • Surrounded by Fortune 500 and regional headquarters

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
148,444 SF
Building Class
B
Year Built
1975
Percent Leased
55%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
29,688 SF
Building FAR
3.41
Lot Size
1.00 AC
Zoning
C-2, Des Plaines - Commmercial District
Parking
427 Spaces (2.88 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Conferencing Facility
  • Food Service
  • Property Manager on Site

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-32-101-021-0000
Land Assessment
$1,130,210 CAD
Improvements Assessment
$1,949,382 CAD
Total Assessment
$3,079,593 CAD
  • Listing ID: 37287557

  • Date on Market: 2025-08-15

  • Last Updated:

  • Address: 1111 E Touhy Ave, Des Plaines, IL 60018

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