239-249-4845
1400 Renaissance Dr, Park Ridge, IL for Sale
Office - FOR SALE
1/23
null | Request Cap Rate

1400 Renaissance Dr
Park Ridge, IL 60068


HIGHLIGHTS

  • Offers outstanding visibility and accessibility in Park Ridge, Illinois
  • Unmatched access to a skilled workforce and executive talent reinforcing its attractiveness to potential tenants.
  • Property is near multiple shopping centers that include retailers such as: Jewel Osco, Home Depot, Hallmark and more!
  • located in the affluent, family-oriented neighborhood of Park Ridge
  • Highly-rated school districts, and a suburban feel with convenient access to Chicago.

OVERVIEW

CBRE, as the exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 1400 Renaissance Drive (the “Property”), a well-located suburban office asset encompassing 47,830 rentable square feet (RSF). Strategically situated in the highly sought-after Park Ridge neighborhood, the Property enjoys excellent access to I294 which provides users with direct access to O’Hare International Airport which is less than 10 minutes from the Property. Additionally, 1400 Renaissance is roughly 35 minutes from Downtown Chicago. The Property sits in a desirable transit-oriented location with major nearby demand drivers such as Main East Highschool and Lutheran General Hospital which are a 3- and 5-minute drive away, respectively. Furthermore, the Property is located near the intersection of N Northwest Highway and I284 and is within a dense residential area of Park Ridge. Park Ridge is home to nearly 40,000 residents and is known for its strong school system and local jobs

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Ridge Office Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

3.49 AC

LAND SF

152,024 SF

ZONING

Commercial

APN/PARCEL ID

09-22-110-007-0000

ASK ABOUT THIS PROPERTY

Tom SvobodaCBREMore Info
239-249-4845

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Tom SvobodaCBREMore Info
239-249-4845

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.