Active
116 S Prospect Avenue
Park Ridge IL, 60068
$1,299,000
$155.94 per sqft
Active
8,330 sqft
Commercial
Built in 1938
Courtesy of Troy Realty Ltd
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.
12032146
MLSⓇ ID
April 17, 2024
Listed
May 9, 2024
Updated
Map
116 S Prospect Avenue
Park Ridge IL, 60068
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Central Individual
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Roof
Rubber
Other Property Details
Area Name
Park Ridge
Taxes
$35,922
Tax Frequency
Annually
Days on Market
7
Garage
No
View
No
County
Cook
Pool
No
Zoning
COMMR
Courtesy of Troy Realty Ltd, Alexis Ramirez,
Listing Contact: 773-792-3000
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Based on information submitted to the MLS GRID for MRED 5/9/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 6:56 AM UTC, 5/9/2024
