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100 Higgins Road, Park Ridge, IL

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100 Higgins Road

Park Ridge, IL 60068-5738 - O'Hare Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1969
Stories:2 Typical Floor:7,891 SF Building Size:15,783 SF
For Sale Price:$615,000 Price/SF:$38.97
Cap Rate:-
Parking:18 Surface spaces are available; Ratio of 1.14/1,000 SF

Sale Notes:
Prime Location. 14,800 SF of office space. Owners currently using first floor. Projected income at $12 SF income of $72,000. 5 offices on 2nd floor. 1 vacancy 1,000 SF projected income at $12 SF. Lower level leased at $2,000 a month. All long term tenants. Rents not raised in over 10 years expecting increases. All month to month willing to sign leases. Parking lot has 18 spaces. Additional parking on Higgins and side street. First floor has large open work area, 8 private offices, kitchen, 2 bathrooms. Second floor has 5 offices. Lower level has open area, private office, conference room and kitchenette. Storage rooms/utility areas. Fantastic location.

Homesmart Connect Real Estate
Bill Flemming
(847) 495-5000

Ellen Ritsos
(847) 845-8272

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