Park Ridge, IL 60068,116 S Prospect Avenue
Park Ridge, IL 60068,116 S Prospect Avenue
Park Ridge, IL 60068,116 S Prospect Avenue
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$2,000,050
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8,330 SqFt
Active

116 S Prospect Avenue Park Ridge, IL 60068

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UPDATED:

08/17/2024 08:33 AM

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

Zoning COMMR

Interior

Cooling Central Individual

Fireplace N

Exterior

View Y/N true

Roof Type Rubber

Building

Foundation Concrete Perimeter

Structure Type Brick


Listed by Alexis Ramirez • Troy Realty Ltd

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Joanna Stawarz

Real Estate Broker | License ID: 475184483

+1(773) 510-6834

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116 S Prospect Avenue