1011 Touhy AveDes Plaines, IL 60018

Property Details for 1011 Touhy Ave

Year built

1978

Lot size

1.85 AC

Property type

Office buildings

APN

09-32-101-023

APU

932101023

Description

This exceptional five-story office building, located at 1011 E Touhy Ave in Des Plaines, Illinois, offers a diverse range of executive office spaces for lease. Built in 1977, the property boasts a total of 450,000 square feet, providing ample room for businesses of all sizes. The building is currently offering 95,981 square feet of vacant space, divisible into units ranging from a minimum of 1,862 square feet to a maximum contiguous space of 12,805 square feet. Fifteen individual spaces are currently available. This multi-tenant building is situated in Cook County, offering convenient access to major transportation routes and amenities. The property's location in Des Plaines, Illinois, zip code 60018, provides a strategic advantage for businesses seeking a prominent presence in a thriving commercial area. The building's substantial size and flexible lease options make it an ideal choice for companies looking to expand or establish a new office presence. Inquire today to learn more about the available spaces and lease terms. This is a unique opportunity to secure high-quality office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $24,257,718

  6.5%

  $22,391,740

  7%

  $20,792,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,496,327

  Geo Method

  $10,496,327

• Alternative Use

  Use

  Valuation

  Residential

  $27,765,756

  Hospitality

  $25,433,284

  Educational

  $21,160,194

  Medical

  $21,887,924

  Retail

  $32,915,856

Location Insight

City

Des Plaines

County

Cook

State

Illinois

Latitude

42.0067

Longitude

-87.8952

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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