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200 E Howard Ave
Des Plaines, IL 60018
Howard O'Hare Business Center · Flex Property For Sale
Property Facts
| Property Type | Flex | Year Built | 1986 |
| Property Subtype | Light Manufacturing | Parking Ratio | 2.66/1,000 SF |
| Building Class | B | Clear Ceiling Height | 14’ |
| Lot Size | 9.85 AC | No. Dock-High Doors/Loading | 12 |
| Rentable Building Area | 140,134 SF | No. Drive In / Grade-Level Doors | 9 |
| No. Stories | 1 | ||
| Zoning | M-2 - Industrial General District | ||
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 9.85 AC |
| Rentable Building Area | 140,134 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 2.66/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 12 |
| No. Drive In / Grade-Level Doors | 9 |
| Zoning | M-2 - Industrial General District |
Amenities
- Signage
Utilities
- Water - City
- Sewer - City
- Heating - Gas
About 200 E HOWARD AVE , DES PLAINES, IL 60018
Originally developed in 1986, the Property is situated on 9.90 acres in the in-fill O’Hare Submarket, which currently boasts 94.7% occupancy across 93 million square feet of industrial product. Howard O’Hare was strategically configured for maximum flexibility with its multi-building layout oriented away from the congestion of the numerous surrounding commercial uses. The Property provides a campus setting for its 31 tenants and offers ample parking (3.6 per 1,000 on the office net rentable area after allocating 1/1,000 to the warehouse net rentable area) with well-maintained landscaping and facilities. Catering to image-conscious users seeking to capitalize on the premier O’Hare location, Howard O’Hare was recently selected to be the North American headquarters for Swiss based Tornos and the company moved its offices and showroom from Lombard to better serve its growing customer base and obtain a higher quality facility for its employees. As a testament to its desirability, Howard O’Hare has reached 94.1% occupancy even while transitioning to lender-owned real estate in the previous year. With a well-capitalized, long-term ownership group, the Property is poised to experience meaningful rent growth and continued strong tenant retention.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,031,200 | |
| Land Assessment | $1,504,300 | Total Assessment | $2,535,500 |
Property Taxes
