35 S Prospect Ave - Storefront Retail/Office FOR SALE


Park Ridge, IL 60068
$1,500,000 USD
312-502-1814
35 S Prospect Ave, Park Ridge, IL for Sale
$1,500,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | Request Cap Rate

35 S Prospect Ave
Park Ridge, IL 60068


HIGHLIGHTS

  • Located in the Heart of Uptown Park Ridge on the Most Vibrant Strip
  • First Time Available for Purchase in Over 100 Years
  • Steps From the Metra
  • Solid and Consistent Income Stream with Additional Opportunity on 2nd Floor Unit

OVERVIEW

This exceptional multi-use building, located at 35 S Prospect Ave in the heart of Uptown Park Ridge, is available for purchase for the first time in over a century. Offering unmatched access to Park Ridge’s most vibrant stretch of dining, shopping, and businesses—and just steps from the iconic Pickwick Theatre and the Metra station—this property boasts a truly prime location. The building encompasses three units with a combined total of 5,463 square feet, including two leased ground-floor units. The available second-floor unit, measuring 1,475 square feet, presents an exciting opportunity for conversion to a luxury condo or to lease to one of the many businesses seeking a foothold in this highly desirable area. With 33 feet of road frontage on Prospect Ave, a depth of 194 feet, and an estimated lot size of 4,800 square feet, this property provides both historic charm and flexibility for a visionary investor. Don’t miss this rare opportunity to acquire a piece of Park Ridge’s legacy—lovingly owned by the same family for over 100 years.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$510 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,800 SF

ZONING

B4; Uptown Business

APN/PARCEL ID

09-35-206-009-0000

ASK ABOUT THIS PROPERTY

Courtney Huddleston@PropertiesMore Info
312-502-1814

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Courtney Huddleston@PropertiesMore Info
312-502-1814

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.