Fully occupied seven unit armchair investment property in desirable location with high traffic counts and flexible zoning. 12,000 square feet, all masonry building with 35 off-street parking spaces. Established, long term tenants. Contact broker for income/expense information and survey. Potential for commercial condo conversion. 1031 buyers welcome. Property taxes expected to be reduced to roughly 50% of current amount.
Majestic, 6400sqft, all brick, two story, office building, close to Uptown Park Ridge, and located in the high traffic Busse corridor ready for your business and/or investment. The building has a flexible configuration that allows for up to 5 first-floor private offices, each paying their own separate metered utilities. The spacious common entry with a directory has an open staircase to the second level of offices. The second level is set up for a single business with a reception area, conference and media room, kitchen, and several private offices. Flexible zoning (B-3) allows for multiple uses including redevelopment.
This exceptional multi-use building, located at 35 S Prospect Ave in the heart of Uptown Park Ridge, is available for purchase for the first time in over a century. Offering unmatched access to Park Ridge's most vibrant stretch of dining, shopping, and businesses-and just steps from the iconic Pickwick Theatre and the Metra station-this property boasts a truly prime location. The building encompasses three units with a combined total of 5,463 square feet, including two leased ground-floor units. The available second-floor unit, measuring 1,475 square feet, presents an exciting opportunity for conversion to a luxury condo or to lease to one of the many businesses seeking a foothold in this highly desirable area. With 25 feet of road frontage on Prospect Ave, a depth of 194 feet, and an estimated lot size of 4,800 square feet, this property provides both historic charm and flexibility for a visionary investor. Don't miss this rare opportunity to acquire a piece of Park Ridge's legacy-lovingly owned by the same family for over 100 years.
Last Large Country Club Lot avaliable. Grandfathered 5-Unit Building on 140x110 Lot zoned R-2 Single Family. Can be divided into 2 buildable lots. Property being sold AS-IS. Please Do Not Disturb Tenants!
Unique Value add property available for sale. The building is composed of ground floor space, a lower level, as well as a second floor with a dedicated elevator. The sale comes with the plans to convert the second floor into a massive luxury apartment overlooking uptown. The first floor and lower level are ready to be leased. Recently signed a new lease to a national retailer for a portion of the ground floor, immediately adding value to the property. Buildout construction to begin on newly leased space. Please contact for any information on rental income and spaces available.
Park Ridge is located in Illinois. Park Ridge, Illinois has a population of 39,562. Park Ridge is more family-centric than the surrounding county with 36.18% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Park Ridge, Illinois is $124,535. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Park Ridge is 45 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 36.1 inches per year, with 36 inches of snow per year.