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Investment Highlights

  • Compelling value-add office opportunity within the Chicago MSA, with a prime location in the O’Hare Office Submarket.
  • Adjacent to Lake Opeka with nearby recreational amenities and large windows offering sweeping, scenic water views.
  • Easy access to major highways, including the Interstate 90, Interstate 294, and Interstate 290 expressways.
  • Currently 62% occupied with 21 total units offering lease-up upside, delivering strong growth potential for investors.
  • Positioned just 3 miles from O’Hare International Airport, benefitting from the transformative O’Hare 21 airport modernization project.
  • Within a thriving business community, surrounded by Fortune 500 and regional headquarters, reinforcing the areas appeal and growth potential.

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 3 miles from O’Hare International Airport and minutes from major expressways, including Interstate 90, Interstate 294, and Interstate 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, including over 96,000 employees and an average household income of $133,372 within 3 miles, the property is well-positioned to attract a diverse tenant base.

This asset further 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
56%
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

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Fitness Center
  • Food Service
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Car Charging Station
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 2,817 SF
  • Office
  • Partial Build-Out
  • Now

Available as-is or customization Efficient layout with six private offices and a large conference room Corner suite with abundant natural light Conveniently located near the first-floor side entrance https://my.matterport.com/show/?m=5NSfDXrGUfU

  • 1st Fl-Ste 130
  • 3,848 SF
  • Office
  • Spec Suite
  • Now

Build to suit unit

  • 1st Fl-Ste 160
  • 2,420 SF
  • Office
  • Full Build-Out
  • Now

Recently updated with brand-new carpet, fresh paint, upgraded LED lighting, and new LVT flooring in the kitchen area

  • 2nd Fl-Ste 240
  • 9,671 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 286
  • 4,021 SF
  • Office
  • Full Build-Out
  • Now
  • 4th Fl-Ste 400
  • 31,837 SF
  • Office
  • Full Build-Out
  • Now

Full Floor

  • 5th Fl-Ste 550
  • 9,136 SF
  • Office
  • Full Build-Out
  • Now
  • 5th Fl-Ste 560
  • 2,210 SF
  • Office
  • Full Build-Out
  • Now

Second-generation office space with existing layout

Space Size Space Use Condition Available
1st Fl-Ste 100 2,817 SF Office Partial Build-Out Now
1st Fl-Ste 130 3,848 SF Office Spec Suite Now
1st Fl-Ste 160 2,420 SF Office Full Build-Out Now
2nd Fl-Ste 240 9,671 SF Office Full Build-Out Now
2nd Fl-Ste 286 4,021 SF Office Full Build-Out Now
4th Fl-Ste 400 31,837 SF Office Full Build-Out Now
5th Fl-Ste 550 9,136 SF Office Full Build-Out Now
5th Fl-Ste 560 2,210 SF Office Full Build-Out Now

1st Fl-Ste 100

Size
2,817 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 130

Size
3,848 SF
Space Use
Office
Condition
Spec Suite
Available
Now

1st Fl-Ste 160

Size
2,420 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 240

Size
9,671 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 286

Size
4,021 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 400

Size
31,837 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Fl-Ste 550

Size
9,136 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Fl-Ste 560

Size
2,210 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100

Size 2,817 SF
Space Use Office
Condition Partial Build-Out
Available Now

Available as-is or customization Efficient layout with six private offices and a large conference room Corner suite with abundant natural light Conveniently located near the first-floor side entrance https://my.matterport.com/show/?m=5NSfDXrGUfU

1st Fl-Ste 130

Size 3,848 SF
Space Use Office
Condition Spec Suite
Available Now

Build to suit unit

1st Fl-Ste 160

Size 2,420 SF
Space Use Office
Condition Full Build-Out
Available Now

Recently updated with brand-new carpet, fresh paint, upgraded LED lighting, and new LVT flooring in the kitchen area

4th Fl-Ste 400

Size 31,837 SF
Space Use Office
Condition Full Build-Out
Available Now

Full Floor

5th Fl-Ste 560

Size 2,210 SF
Space Use Office
Condition Full Build-Out
Available Now

Second-generation office space with existing layout

Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
8,334
82,048
308,613
2024 Population
8,478
83,613
311,978
Population Growth '20-'24
1.7%
1.9%
1.1%
2020 Households
2,731
31,876
119,009
2024 Households
2,750
32,286
119,067
Household Growth '20-'24
0.7%
1.3%
0.1%
Average Age
41
43
42
Median Household Income
$94,119
$92,953
$90,967
Daytime Employees
8,022
81,216
214,948
Total Businesses
590
6,102
19,327
College Degree + Higher
24%
38%
39%

Property Taxes

Property Taxes

Parcel Number
09-32-101-021-0000
Land Assessment
$1,289,048
Improvements Assessment
$1,376,953
Total Assessment
$2,666,001
  • Listing ID: 37287557

  • Date on Market: 8/15/2025

  • Last Updated:

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

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