116 South Prospect Avenue Park Ridge, IL 60068

$1,299,000
0.16
Acres
$1,299,000
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Unique Value add property available for sale. The building is composed of ground floor space, a lower level, as well as a second floor with a dedicated elevator. The sale comes with the plans to convert the second floor into a massive luxury apartment overlooking uptown. The first floor and lower level are ready to be leased. Recently signed a new lease to a national retailer for a portion of the ground floor, immediately adding value to the property. Buildout construction to begin on newly leased space. Please contact for any information on rental income and spaces available.

Unique Value add property available for sale. The building is composed of ground floor space, a lower level, as well as a second floor with a dedicated elevator. The sale comes with the plans to convert the second floor into a massive luxury apartment overlooking uptown. The first floor and lower level are ready to be leased. Recently signed a new lease to a national retailer for a portion of the ground floor, immediately adding value to the property. Buildout construction to begin on newly leased space. Please contact for any information on rental income and spaces available.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    Park Ridge
  • Tax Amount
    $35,922
  • Status
    Active
  • Listing #
    12032146
  • Built
    1938
  • Lot Size
    0.16
  • Listed on site
    16 days

Listed by:
Troy Realty Ltd

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Troy Realty Ltd.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool
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