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$ 1,475,000
Est. payment | /mo
0.29 Acres Lot
$ 1,475,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12701185
Annual Tax Amount $20,709
Tax Year 2024
Lot Size 0.290 Acres
Lot Dimensions 125x100
Property Sub-Type Land
Property Description
PRIME COMMERCIAL CORNER LOT, 125x100(0.29 acres), ON MAJOR THOROUGHFARE - 29,000 vehicles per day! Introducing an outstanding investment opportunity in the heart of the upscale & thriving town of Park Ridge. 125 feet of frontage on Touhy Ave, a major thoroughfare bisecting the center of town with unmatched exposure and high visibility with dual-street ingress/egress. Boasting a high-traffic location near the vibrant core of the central business district perfectly capturing the massive flow of 29,000 VPD and B-1 zoning for flexible use for medical/professional offices, bank/retail storefronts, quick serve restaurants, etc. This property presents an ideal prospect for retail or street retail investors. With three established curb cuts for seamless traffic flow, premier corner location, dual-street ingress/egress and an adjacent alley, the potential for redevelopment or utilization as an existing & long established auto care facility is evident, making it a lucrative proposition for those looking to capitalize on the dynamic Chicago market. The property will be vacant at closing. No lease or tenant to deal with. Documented environmental peace of mind! Current automotive repair business may be available for purchase but would be separate and not included with property. The existing structure is a 1,350 SF building, built in 1963.
Location
State IL
County Cook
Area Park Ridge
Zoning COMMR
Rooms
Basement None
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Building
Dwelling Type Land
Water Municipal Water
Schools
Elementary Schools George B Carpenter Elementary Sc
Middle Schools Emerson Middle School
High Schools Maine South High School
School District 64 , 64, 207
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Forsythe of Coldwell Banker Realty