776-784 Busse Hwy - Office FOR SALE


Park Ridge, IL 60068
$948,000 USD
776-784 Busse Hwy, Park Ridge, IL for Sale
$948,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

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776-784 Busse Hwy
Park Ridge, IL 60068


HIGHLIGHTS

  • ideal owner/user building
  • private parking
  • along Busse

OVERVIEW

776–784 Busse Highway presents a rare opportunity to acquire a well-positioned mixed-use investment and owner/user property in the heart of Park Ridge. This attractive commercial building offers stable in-place income with four existing tenants while providing ideal space for an owner to occupy as well. Ideal for an owner/user seeking to occupy a portion of the property while benefiting from rental income, the building offers flexibility for a variety of office, retail, medical, or professional service uses. Located along the highly traveled Busse Highway corridor, the property benefits from excellent visibility, strong surrounding demographics, convenient access to major thoroughfares, and close proximity to downtown Park Ridge amenities, restaurants, and public transportation. Pace Bus 209 services the property and operates between Cumberland CTA Station in Chicago and Des Plaines Metra Station. 365,422 people reside in the 5-mile radius with an average household income of $125,183 (and $145,798 in the 2-mile radius)

FOR SALE DETAILS

PRICE

$948,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,357 SF

ZONING

-

APN/PARCEL ID

09-27-215-011-0000

ASK ABOUT THIS PROPERTY

Theron MayImperial Realty CompanyMore Info

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Theron MayImperial Realty CompanyMore Info

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