630-642 Busse Highway, Park Ridge, IL 60068
Cook County
Key Facts
Description
Fully occupied seven unit armchair investment property in desirable location with high traffic counts and flexible zoning. 12,000 square feet, all masonry building with 35 off-street parking spaces. Established, long term tenants. Contact broker for income/expense information and survey. Potential for commercial condo conversion. 1031 buyers welcome. Property taxes expected to be reduced to roughly 50% of current amount.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1955
Stories
1
Living Area
12,000 sq ft
Lot Size
24,798 sq ft
Lot Dimensions
80 X 170 X 180 X 136
Zoning
COMMR
Days on Market
514
MLS® Listing#
12264371
Property Features
Cooling
Construction
Financial Details
Annual Taxes
$107,679
Tax year 2022
Parcel Number
09272250240000
Directions
Busse west of Greenwood, east of Dee to property.
Affordability Calculator
$335,000
Estimated monthly payment
$8,915/mo
Principal $1,340,000 · Est. interest $1,869,419 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Park Ridge, IL
- $350,976
- Median Listing Price
- 31
- Median Days on Market
- 1,664
- Median Sq Ft
- $213
- Median Price / Sq Ft
- 1,038
- Active Listings
- This home’s price is 377% above the area median.
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Park Ridge, IL.
Location
Points of Interest in Park Ridge, IL
Showing the Park Ridge area map.
Nearby Schools
George B. Carpenter Elementary School
Elementary · 0.4 mi away
Jeanine Schultz School
Elementary · 0.6 mi away
St. Andrews Lutheran School
School · 0.6 mi away
Lincoln Middle School
Secondary · 0.7 mi away
Emerson Middle School
Elementary · 0.8 mi away
Emerson Middle School
Secondary · 0.8 mi away
Park Ridge Public Schools
School · 0.9 mi away
The Youth Campus
School · 0.9 mi away
Embers Elementary School
Elementary · 0.9 mi away
Jefferson School
School · 0.9 mi away
District 64 Park Ridge-Niles
School · 1.0 mi away
Board of Education
Secondary · 1.0 mi away
Franklin Elementary School
Elementary · 1.1 mi away
Eugene Field Elementary School
Elementary · 1.1 mi away
St. Paul of the Cross School
Elementary · 1.2 mi away
Sugar Plum Tree Preschool
School · 1.3 mi away
Maine South High School
Secondary · 1.3 mi away
Maine Township High School District 207
Secondary · 1.3 mi away
North Cook Intermediate Service Center
School · 1.4 mi away
Chicago Maritime School
Secondary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10706 Lot B-8 Bridlewood Lane, Orland Park, IL | $1,199,000 | 3 | 4 | 3,164 |
| 10703 Lot B-10 Bridlewood Lane, Orland Park, IL | $1,199,000 | 3 | 4 | 3,164 |
| 1820 Brophy Avenue, Park Ridge, IL | $1,199,900 | 3 | 4 | 3,600 |
| 101 Windmill Road, Orland Park, IL | $1,199,990 | 4 | 5 | 8,414 |
| 229 S Ridgeland Avenue, Oak Park, IL | $1,200,000 | 6 | 4 | 3,466 |
| 214 Chicago Avenue, Oak Park, IL | $1,200,000 | 11 | 6 | — |
Moving Cost Estimate
EXIT Agents in Park Ridge
Listing Courtesy: Sebastian Co. Real Estate - 8478233117
Last Updated: 2025-01-03