1350 Touhy Plaza — Sale in Des Plaines, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Des Plaines, IL 60018
  • Size: 244,049 SF

Photos

1350 Touhy Plaza — Sale in Des Plaines, IL, photo 1 of 1

Description

Attractive value-add opportunity in the Chicago suburbs' best submarket, O'Hare. In-place rents at 1350 Touhy Plaza are 28% below Class A asking rents in the O'Hare submarket and 29% below its competitive set. The Property presents a highly competitive amenity package with heated underground parking, a fitness center with locker rooms and showers, cafe with black iron and a conference room.

Market Context

This office in Des Plaines, IL is listed for sale across 244,049 SF. Compare it against other office listings for sale in Des Plaines, IL — view the full market.

As of Q1 2026, the Chicago office market showed a 27.2% vacancy rate, and average asking rents near $45.41/SF/yr. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Chicago office market tightening or softening?
Vacancy is around 27.2% (Q1 2026).

Estimated Price per SF

$37.63/SF – $273.70/SF

Mid: $114.04/SF

Estimated price for 244,049 SF: $27,831,348 (range $9,183,564 – $66,796,211)

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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