Courtesy: Coldwell Banker Realty
773-631-8300
PRIME COMMERCIAL CORNER ON MAJOR THOROUGHFARE - 29,000 vehicles per day! Introducing a prime investment opportunity in the heart of the upscale & thriving town of Park Ridge. This 1,350 SF building, built in 1963, is situated on .29 acres with 125 feet of frontage on Touhy Ave, a major thoroughfare bisecting the center of town with unmatched exposure and high visibility. Boasting a high-traffic location near the vibrant core of the central business district perfectly capturing the massive flow of 29,000 VPD and B-1 zoning for flexible use for medical/professional offices, bank/retail storefronts, quick serve restaurants, etc. This property presents an ideal prospect for retail or street retail investors. With three established curb cuts for seamless traffic flow, premier corner location, dual-street ingress/egress and an adjacent alley, the potential for redevelopment or utilization as an existing & long established auto care facility is evident, making it a lucrative proposition for those looking to capitalize on the dynamic Chicago market. The property will be vacant at closing. No lease or tenant to deal with. Documented environmental peace of mind! Current automotive repair business may be available for purchase but would be separate and not included with property.
Courtesy: Home Gallery Realty Corp.
773-909-3346
FOR SALE: FOR SALE: 3-UNIT COMMERCIAL BUILDING located at 701-701.5-703 Devon Ave, Park Ridge, IL 60068. Prime multi-tenant commercial property situated on high-traffic Devon Avenue offering excellent visibility and strong daily vehicle exposure. This versatile property features flexible interior space suitable for retail, office, service businesses, showroom, studio, or mixed commercial use. All three units are fully occupied by long-term tenants, providing stable income and an attractive investment opportunity. Property offers ample parking, strong signage potential, and a strategic location surrounded by established businesses and residential neighborhoods. Convenient access to major roads and public transportation. Outstanding opportunity to own a high-visibility commercial asset in one of Park Ridge's most active business corridors. * Fully leased * Long-term tenants * Income producing * Devon Ave traffic. The established "Fish Time" traditional smoked fish business operating in Unit 703 is available for sale together with the building as a combined real estate and business opportunity. Traffic Exposure: Devon Avenue corridor carries ~20,000-26,000 vehicles per day, providing strong visibility and daily customer exposure.
Courtesy: Sebastian Co. Real Estate
847-823-3117
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.
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.
