116 S Prospect AVE Active

Park Ridge,IL 60068

$ 2000050

- Bed

0 Bath

8330 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,330 sqft

Price per Sqft $240

MLS Listing ID 12032146

Year Built 1938

Annual Tax Amount $35,922

Tax Year 2022

Lot Dimensions .26

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

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick

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