Uptown Park Ridge - Mixed Use Property

116 S Prospect Ave, Park Ridge, IL 60068

  • For Sale $2,050,000
  • 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 Dec 10, 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

  • Rare "uptown" mixed use property available.
  • Recently signed lease for a portion of the ground floor (1,172 SF)
  • 2300 SF second floor apartment ready to be built out
  • +/- 2000 SF remaining on first floor to be rented

Contacts

broker
Hubert J. 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 Uptown Park Ridge - Mixed Use Property cost?

The space currently listed for sale at Uptown Park Ridge - Mixed Use Property asks for $2,050,000.

What is the total square footage of Uptown Park Ridge - Mixed Use Property?

Uptown Park Ridge - Mixed Use Property totals 8,330 square feet.

When was this property built?

Uptown Park Ridge - Mixed Use Property was built in 1938.

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Contact Listing Broker
broker
Hubert J. Cioromski

Troy Companies