Park Ridge IL Commercial for Sale

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Type:
Other
Sq.Ft.:
5,643
Status:
Active
Beds:
n/a
Year built:
1908
Baths:
MLS#:
12194818

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
12,000
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
12086560

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
8,330
Status:
Active
Beds:
n/a
Year built:
1938
Baths:
MLS#:
12032146

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
3,000
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
11983509

ADDITIONAL INFORMATION

PRIME CENTER OF TOWN LOCATION AT 6 C0RNER INTERSECTION (TOUHY, PROSPECT AND NORTHWEST HWY.) COMMERCIAL/RETAIL FREE STANDING BUILDING. EASY WALK TO STARBUCKS, PICKWICK THEATER, CHASE BANK, RESTAURANTS, LIBRARY AND THE METRA LINE. HIGH DAILY TRAFFIC COUNT AT THIS INTERSECTION. GREAT EXPOSURE! FLOORPLANS AND SQUARE FOOTAGE DIAGRAMS AND MAP UNDER ADDITIONAL INFORMATION. REAL ESTATE AGENT OWNED.

Type:
Office
Sq.Ft.:
6,400
Status:
Active
Beds:
n/a
Lot size:
0.24 Acres
Year built:
1966
Baths:
MLS#:
11972111

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Park Ridge Real Estate

The median home value in Park Ridge, IL is $535,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Park Ridge, IL is $535,000. Approximately 79.05% of Park Ridge homes are owned, compared to 14.36% rented, while 6.6% are vacant. Park Ridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Park Ridge real estate agent to arrange a tour today!

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.

Park Ridge Weather

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.

Park Ridge Real Estate Market Conditions

  • Median sales price

    $535,000
    14.5% change since last quarter
  • # Active listings

    108
    30-day change

Park Ridge Schools and Demographics

Education near Park Ridge, IL

Metric City County
High School Graduates 96.24 87.97
College Degree - 2 year 5.96 6.73
College Degree - 4 year 62.37 40.75
Graduate Degree 18.6 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Park Ridge, IL

School Grades Students P/T Ratio ZIP
Beard Elementary School PK - 03 144 6.6 60656
Bridge Elementary School PK - 08 1,057 19.6 60634
Camras Elementary School PK - 08 1,003 19.2 60634
Canty Elementary School PK - 08 796 17.9 60634
Chicago Academy Elementary School PK - 08 610 18.9 60634
Dever Elementary School PK - 08 835 17.3 60634
Dirksen Elementary School PK - 08 833 18.6 60656
Ebinger Elementary School KG - 08 709 20 60631
Edison Park Elementary School PK - 08 492 18.9 60631
Eugene Field Elementary School KG - 05 651 13.7 60068
Franklin Elementary School KG - 05 462 13.1 60068
Garvy J Elementary School KG - 08 780 17.6 60656
George B Carpenter Elementary School KG - 05 445 13.6 60068
George Washington Elementary School KG - 05 613 13.9 60068
J Giles Elementary School PK - 08 596 14 60706
J Leigh Elementary School PK - 08 485 14 60706
Locke J Elementary School PK - 08 1,346 18.4 60634
Lyon Elementary School KG - 08 1,404 19.9 60634
Norwood Park Elementary School PK - 08 380 17.2 60631
Onahan Elementary School PK - 08 644 19.8 60631
Oriole Park Elementary School PK - 08 685 18.3 60656
Pennoyer Elementary School PK - 08 430 14.7 60706
Reinberg Elementary School PK - 08 843 15.7 60634
Smyser Elementary School PK - 08 1,019 18.4 60634
Stock Early Childhood Center PK - PK 229 11.5 60631
Theodore Roosevelt Elementary School KG - 05 660 13.5 60068
Thorp O A Elementary Scholastic Academy KG - 08 836 18.3 60634
Union Ridge Elementary School PK - 08 645 14.3 60706

Middle Schools near Park Ridge, IL

School Grades Students P/T Ratio ZIP
Lincoln Middle School 06 - 08 717 12.3 60068
Ombudsman Chicago South HS 09 - 12 0 60631

High Schools near Park Ridge, IL

School Grades Students P/T Ratio ZIP
Chicago Academy High School 09 - 12 527 15.2 60634
Maine East High School 09 - 12 1,836 14.3 60068
Maine South High School 09 - 12 2,338 16.4 60068
Ombudsman Chicago HS 09 - 12 657 14.8 60631
Ridgewood Comm High School 09 - 12 819 15.4 60706
Steinmetz Academic Centre High School 09 - 12 1,678 17.7 60634
Taft High School 07 - 12 3,185 17.5 60631

Ungraded Schools near Park Ridge, IL

School Grades Students P/T Ratio ZIP
* Alternative Resource Center Arc 09 - 12 25 6.3 60068

Demographics near Park Ridge, IL

Metric City County
Neighborhood Type Inner City
Population 39,562 5,265,398
Population Density 5,582 5,572
Median Age 45 37.3
People per Household 2.6 2.5
Median Household Income 124,535 72,121
Average Income per Capita 63,056 41,706