Take Advantage of the New Immediate Expensing Bill/Laws and the Federal Reserve initiation of a rate reduction cycle. Vacant Land in Upscale Park Ridge's Prime Downtown entertainment district. Already zoned for 3 story/40ft mixed use. Boutique Hotel possible with 4 or 5 stories. Possible 2nd floor bar/restaurant rooftop deck. Come build your next project. Rare Opportunity to acquire a generational type of property in an excellent location in the downtown area of Park Ridge called "Uptown". Excellent walk-ability. Extremely safe and business friendly community. 50ft x 150ft lot which is immediately in front of a large public parking lot. Newly paved wide alley for deliveries. Many new buildings in the immediate area of the thriving upscale community in Chicago’s northwestern suburbs. Close proximity to amenities like the Metra station, Trader Joe’s, Whole Foods, popular parks,the City Hall, and the Police Station. In the center of a mix of popular local, regional, and national restaurants, bars, shops and professional offices surrounded by upscale residential properties. Area of concerts in the park, summer festivals, and local parades. This is the place to be. 2023 ALTA Survey available. 2023 Environmental Report available. Property being sold "AS IS". Taxes approximately $2,800 for tax year 2023. ***Letter of Intent Form*** is available upon request OR Available in the "DATA ROOM" area of the ad. For consideration of an offer, ***a Proof of Funds Letter*** will be required along with this completed Letter of Intent. .