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116 S Prospect AVE Park Ridge, IL 60068
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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
Year Built 1938
Annual Tax Amount $35,922
Tax Year 2022
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
Exterior
Roof Type Rubber
Building
Structure Type Brick
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