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116 South Prospect Avenue, Park Ridge, IL

$1,299,000

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About 116 South Prospect Avenue

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.

Features of 116 South Prospect Avenue

MLS® # 12032146
Price $1,299,000
Bathrooms 0.00
Acres 0.00
Year Built 1938
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 116 South Prospect Avenue
Area Park Ridge
City Park Ridge
County Cook
State IL
Zip Code 60068

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Individual
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Rubber
Foundation Concrete Perimeter

Additional Information

Days on Market 16
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTroy Realty Ltd

Listing Map

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