Uptown Park Ridge - Mixed Use Property

116 S Prospect Ave, Park Ridge, IL 60068

  • For Lease $29.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 8,330 SF
  • Units 3
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 4
  • Year Built 1938
  • Year Renovated 2019
  • Date Updated Aug 31, 2024
The property is located in the heart of "Uptown" Park Ridge. Uptown features boutique retail, dining, and other bustling businesses. The property is located on the west side of Prospect Ave, roughly one and a half blocks south of the Metra Station.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.Located on the best street in uptown Park Ridge, situated across from Hodges Park and City Hall. Perfect for retail or office users. Currently a blank canvas on the 1st and 2nd floors. Building includes an elevator, 4 on-site parking spaces, a kitchen/break room in the lower level and 12' high ceilings on the 1st floor. This building has it all.

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Attachments

Highlights

  • Excellent Location in Uptown Park Ridge
  • High Ceilings
  • Build to suit opportunity

Spaces Available

Contacts

broker

Hubert Cioromski

Troy Companies

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise

  • Transit Score ®

    46/100 Some Transit

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Park Ridge, IL
  • Zip Code 60068
  • Market Chicago

Points of Interest

  • Park Ridge

    0.08 miles

  • Edison Park

    0.84 miles

  • Norwood Park

    2.09 miles

  • Rosemont Blue Line Station

    2.25 miles

  • O'Hare Transfer

    2.68 miles

  • Morton Grove

    2.99 miles

  • Rosemont

    3.17 miles

  • Des Plaines

    3.59 miles

  • Schiller Park

    3.80 miles

  • Terminal 5

    3.82 miles

  • Thorntons

    0.43 miles

  • Shell

    0.49 miles

  • BP

    0.52 miles

  • Marathon

    0.89 miles

  • Mobil

    1.17 miles

  • ChargePoint

    2.23 miles

  • Tesla Supercharger

    2.77 miles

  • Tesla Destination Charger

    2.89 miles

  • Tesla Macau

    2.98 miles

  • Uptown Parking Garage

    0.17 miles

  • Resurrection Medical Center - Parking

    1.74 miles

  • Kiss and Ride

    1.80 miles

  • Cumberland Park & Ride

    1.83 miles

  • Rosemont Park & Ride

    2.19 miles

  • Harlem Park & Ride

    2.21 miles

  • Free parking for Oriole Park

    2.31 miles

  • East Parking Garage

    2.39 miles

  • Sweet & Tart

    0.01 miles

  • Thalaiva's Indian Kitchen

    0.03 miles

  • Sushi Express

    0.10 miles

  • Einstein Bros. Bagels

    0.13 miles

  • Zaza Cucina

    0.16 miles

  • Venus Szechuan & Mandarin

    0.19 miles

  • Woodburning Oven

    0.20 miles

  • Affresco

    0.21 miles

  • The Original Pancake House

    0.21 miles

  • Blufish Sushi Bistro

    0.21 miles

  • Trader Joe's

    0.25 miles

  • Whole Foods Market

    0.37 miles

  • Jewel-Osco

    0.59 miles

  • Jerry's Fruit & Garden

    1.49 miles

  • Mariano's Fresh Market

    1.54 miles

  • Super H Mart

    1.82 miles

  • Tony's Fresh Market

    2.35 miles

  • Park To Shop Supermarket

    2.36 miles

  • Big Lots

    2.41 miles

  • TJ Maxx

    2.56 miles

Frequently Asked Questions

How much does retail space at 116 S Prospect Ave cost?

The asking price for retail space at 116 S Prospect Ave is $29.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 116 S Prospect Ave?

The property has 2,000 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 116 S Prospect Ave?

116 S Prospect Ave offers 4 parking spaces. There are also other parking facilities in the area, with 1 parking option(s) located within 0.17 miles from 116 S Prospect Ave. Additionally, you can find 2 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 116 S Prospect Ave.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Hubert Cioromski

Troy Companies

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