REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,475,000
Est. payment | /mo
1,350 SqFt
$ 1,475,000
Est. payment | /mo
1,350 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $1,092
MLS Listing ID 12686610
Year Built 1963
Annual Tax Amount $20,709
Tax Year 2024
Lot Size 0.290 Acres
Lot Dimensions 125x100
Property Sub-Type Retail/Stores
Property Description
PRIME COMMERCIAL CORNER ON MAJOR THOROUGHFARE - 29,000 vehicles per day! Introducing a prime investment opportunity in the heart of the upscale & thriving town of Park Ridge. This 1,350 SF building, built in 1963, is situated on .29 acres with 125 feet of frontage on Touhy Ave, a major thoroughfare bisecting the center of town with unmatched exposure and high visibility. Boasting a high-traffic location near the vibrant core of the central business district perfectly capturing the massive flow of 29,000 VPD and B-1 zoning for flexible use for medical/professional offices, bank/retail storefronts, quick serve restaurants, etc. This property presents an ideal prospect for retail or street retail investors. With three established curb cuts for seamless traffic flow, premier corner location, dual-street ingress/egress and an adjacent alley, the potential for redevelopment or utilization as an existing & long established auto care facility is evident, making it a lucrative proposition for those looking to capitalize on the dynamic Chicago market. The property will be vacant at closing. No lease or tenant to deal with. Documented environmental peace of mind! Current automotive repair business may be available for purchase but would be separate and not included with property.
Location
State IL
County Cook
Area Park Ridge
Zoning COMMR
Interior
Cooling None
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Roof Type Membrane
Building
Dwelling Type Retail/Stores
Structure Type Brick,Stone,Other
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Forsythe of Coldwell Banker Realty
GET MORE INFORMATION
Follow Us