The median home value in Park Ridge, IL is $499,000
This is higher than the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Park Ridge, IL is $499,000.
Approximately 80% of Park Ridge homes are owned, compared to 14% rented, while 6% are vacant.
Park Ridge real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Park Ridge real estate agent to arrange a tour today!
Learn more about Park Ridge.
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.
Envision an unparalleled commercial real estate opportunity in one of the most coveted area of City of Park Ridge that stands as a beacon for investors and businesses alike. Located strategically, this striking property encapsulates the essence of convenience and opportunity. Just minutes away from major commuting arteries such as I-294, I-94, and the heartbeat of O'Hare Airport, along with the convenience of being steps away from the Dee Metra station, this destination promises unparalleled access, ensuring your business remains connected in every vital way. This remarkable investment unfolds across an expansive 10,995 square feet, encompassing six front stores that boast both office and warehouse spaces, offering versatility and efficiency. Each unit, ranging from 1,380 to 1,760 square feet, features its own overhead garage door, enhancing operational fluidity and autonomy. The property has been under the dedicated ownership and occupation of the current owner for 30 years (2 of the stores are being used by the curent owner). A complete roof tear-off undertaken in 2022 stands as a testament to the dedication invested in preserving the essence and integrity of this commercial gem. Furthermore, the premises are safeguarded by a vault, valued at $110k, ensuring unparalleled security and peace of mind. Tenants cherish the autonomy of managing their utilities, reflecting in simpler management dynamics and a harmonious leasing environment. The property's allure is magnified by its comprehensive leasing stature, boasting long-term tenants and showcasing a fully-leased and stabilized investment that is as rare as it is attractive. Parking, often a premium in commercial real estate, is abundant here, with 24 spaces meticulously divided between the front and the back, accommodating the comings and goings of clientele and staff with ease. Flexibility in commercial real estate is a coveted trait, and this property does not shy away from showcasing its adaptive prowess, supported by many upgrades that speak to a forward-thinking investment. Positioned as a jewel in the crown of commercial real estate, this extraordinary property is not only a beacon of opportunity but a bastion of future prosperity, promising long-term tenancies and a bucolic setting for businesses to flourish. The clarion call has been sounded for discerning investors and business connoisseurs to engage with this exclusive opportunity. With its unparalleled location, sterling attributes, and immaculate upkeep, this commercial sanctuary beckons. Make your mark, flex on this building before it vanishes into the portfolio of the fortunate visionary who seizes the moment. Each tenant pays for their own utilities: water, electric, gas and tenant's insurance. Rents can be higher for the area and amenities!
For Sale | Prime location and ideal situation for owner operator | Situated on Signalized Hard Corner | Features easy access & excellent visibility with large pylon signage, 2 curb cuts, and 20 parking spaces | 352' of combined frontage on roads with daily combined traffic counts exceeding 36k vehicles | Only 0.25 miles (5 minute walk) from Dee Road Commuter Line Metra Stop | Only 1.6 miles (6 minute drive) from downtown Park Ridge and 2.2 miles (8 minute drive) from downtown Des Plaines | Within a strong retail trade corridor | Surrounded by numerous national retailers including McDonald's, Domino's Pizza, 7-Eleven, Starbucks, KFC, Taco Bell, Lou Malnati's Pizzeria, Jewel Osco, F-45 Training
Currently lease to local restaurant on a month to month basis. Rent is $5700 a month. Tenant is responsible to taxes and property utilities. Not sure who is responsible for roof, structure and parking lot. Property has 2 PIN Number totaling 11,500 sq ft of land in Park Ridge. To get more info on property Confidentially Agreement must be signed by potential purchaser.
PRIME CENTER OF TOWN LOCATION OF THE BUSY 6 CORNER INTERSECTION (TOUHY, PROSPECT AND NORTHWEST HWY.) MULTI-DIMENSIONAL COMMERCIAL/RETAIL FREE STANDING BUILDING. EASY WALK TO STARBUCKS, PICKWICK THEATER, CHASE BANK, RESTAURANTS AND LIBRARY. SHORT WALK TO METRA LINE. ANNUAL DAILY TRAFFIC COUNT AT THIS INTERSECTION IS AN AVERAGE OF 0VER 40,000 VEHICLES PER DAY, PROVIDED BY THE ILLINOIS DEPARTMENT OF TRANSPORTATION. GREAT EXPOSURE! REAL ESTATE AGENT OWNED. FLOORPLANS AND SQUARE FOOTAGE DIAGRAMS AND MAP UNDER ADDITIONAL INFORMATION.
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.
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!
Mike Godziszewski
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Mike Godziszewski 6 E. Miner St., Arlington Heights, IL 60004 | Phone: (773) 954-7097 | Email: mgodziszewski@starckre.com
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