Park Ridge, IL 60068
$1,475,000
Mark Quesada
Broker / Owner
LIC #475144827
PRIME COMMERCIAL CORNER LOT, 125x100(0.29 acres), ON MAJOR THOROUGHFARE - 29,000 vehicles per day! Introducing an outstanding investment opportunity in the heart of the upscale & thriving town of Park Ridge. 125 feet of frontage on Touhy Ave, a major thoroughfare bisecting the center of town with unmatched exposure and high visibility with dual-street ingress/egress. 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. The existing structure is a 1,350 SF building, built in 1963.
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$10,886/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by John Forsythe, Coldwell Banker Realty
MLS# MRD12701185 · Active
History reflects records reported to the MLS and may be incomplete.