Active

116 S Prospect Avenue

Park Ridge IL, 60068

$2,000,050


$240.10 per sqft

Active

8,330 sqft

Other

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

November 25, 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

123


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

7/23/2024

Price change

$2,000,050

53%

Courtesy of Troy Realty Ltd, Alexis Ramirez,
Listing Contact: 773-792-3000 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Janis Northon are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/25/2024. 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.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:53 PM UTC, 11/25/2024

 

 

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