$99.95 Per Sq Foot $5,900 est/mo Sourced by Back At You

1024-34 Busse Highway,Park Ridge, IL 60068

Park Ridge IL, 60068

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Description

Envision an unparalleled commercial real estate opportunity in one of the most coveted area of City of Park Ridge that stands as a beacon for investors and businesses alike. Located strategically, this striking property encapsulates the essence of convenience and opportunity. Just minutes away from major commuting arteries such as I-294, I-94, and the heartbeat of O'Hare Airport, along with the convenience of being steps away from the Dee Metra station, this destination promises unparalleled access, ensuring your business remains connected in every vital way. This remarkable investment unfolds across an expansive 10,995 square feet, encompassing six front stores that boast both office and warehouse spaces, offering versatility and efficiency. Each unit, ranging from 1,380 to 1,760 square feet, features its own overhead garage door, enhancing operational fluidity and autonomy. The property has been under the dedicated ownership and occupation of the current owner for 30 years (2 of the stores are being used by the curent owner). A complete roof tear-off undertaken in 2022 stands as a testament to the dedication invested in preserving the essence and integrity of this commercial gem. Furthermore, the premises are safeguarded by a vault, valued at $110k, ensuring unparalleled security and peace of mind. Tenants cherish the autonomy of managing their utilities, reflecting in simpler management dynamics and a harmonious leasing environment. The property's allure is magnified by its comprehensive leasing stature, boasting long-term tenants and showcasing a fully-leased and stabilized investment that is as rare as it is attractive. Parking, often a premium in commercial real estate, is abundant here, with 24 spaces meticulously divided between the front and the back, accommodating the comings and goings of clientele and staff with ease. Flexibility in commercial real estate is a coveted trait, and this property does not shy away from showcasing its adaptive prowess, supported by many upgrades that speak to a forward-thinking investment. Positioned as a jewel in the crown of commercial real estate, this extraordinary property is not only a beacon of opportunity but a bastion of future prosperity, promising long-term tenancies and a bucolic setting for businesses to flourish. The clarion call has been sounded for discerning investors and business connoisseurs to engage with this exclusive opportunity. With its unparalleled location, sterling attributes, and immaculate upkeep, this commercial sanctuary beckons. Make your mark, flex on this building before it vanishes into the portfolio of the fortunate visionary who seizes the moment. Each tenant pays for their own utilities: water, electric, gas and tenant's insurance. Rents can be higher for the area and amenities!

Details

MLS#12030113
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1972
Days On Site41
Listing Provided ByOnix Realty, Inc. | Dana Surcel

Features

SQ Feet10,995
Story(s)1
Units6
ZoningCOMMR
Acreage14614.00

Market Activity 60068

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Learn More About This Property

StateIL
CountyCook
CityPark Ridge
Zip Code60068
AreaPark Ridge
Listing VS Median (in 60068)
Price:
$1,099,000
low | high
Med:
$657,500
90.1728844404% of Average
SqFt:
10,995
low | high
Med:
3,122
100% of Average
$ / SqFt:
$100
low | high
Med:
$211
60.889677174866% of Average
On Site:
41
low | high
Med:
76.000000
53.947368421053% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 8:39:42 PM PDT