Commercial Sale
116 Prospect Avenue, Park Ridge, Illinois 60068
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.
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MRD12032146
Price : $1,299,000
Year Built : 1938
Status : Active
Rental Price : $29
Features
Cooling System : Central Individual
Zoning : Commr
Address Map
Country : USA
State : IL
County : Cook
City : Park Ridge
Zipcode : 60068
Street : Prospect
Street Number : 116
Street Suffix : Avenue
Floor Number : 0
Longitude : W89° 9' 24.5''
Latitude : N43° 50' 58.1''
Additional Information
Office Name : Troy Realty Ltd
Agent Name : Alexis Ramirez
DOM : 7
Tax Year : 2022
Lot Sq. Footage : 7,000 Sqft
Total Finish SqFt : 0 Sqft
R.E. Taxes : $35,922
Commercial Sale For Sale
- Listing ID : MRD12032146
$1,299,000
Agent info
Berkshire Hathaway HomeServices Central IL Realtors
1 Brickyard Dr., Bloomington IL 61701
- Melissa Dittbenner
- View website
- (309) 663-7653
- (309) 275-5670
- (309) 663-1380
Mortgage Calculator
Contact Agent