Park Ridge, IL 60068,116 S Prospect AVE
Park Ridge, IL 60068,116 S Prospect AVE
Park Ridge, IL 60068,116 S Prospect AVE
5
$1,200,000
$2,000,050
40.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8,330 SqFt

116 S Prospect AVE Park Ridge, IL 60068

Est. payment /mo
SOLD DATE : 02/24/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

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

Read Less


Midwest Real Estate Data (MRED) IDX
Listed by Alexis Ramirez • Troy Realty Ltd
Bought with Non Member • NON MEMBER

GET MORE INFORMATION

agent

Dennis & Karen

Agent

+1(219) 213-3346

Name
Phone*
Message