GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 1,200,000
$ 2,000,050 40.0%
Est. payment /mo
Sold on 02/24/2025
116 S Prospect AVE Park Ridge, IL 60068
8,330 SqFt
UPDATED:
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,330 sqft
Price per Sqft $144
MLS Listing ID 12032146
Sold Date 02/24/25
Year Built 1938
Annual Tax Amount $35,922
Tax Year 2022
Lot Dimensions .26
Property Sub-Type Mixed Use
Property Description
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.
Location
State IL
County Cook
Area Park Ridge
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Exterior
Roof Type Rubber
Building
Level or Stories 3
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alexis Ramirez • Troy Realty Ltd
Bought with Non Member • NON MEMBER
Bought with Non Member • NON MEMBER