Commercial

Park Ridge, IL Commercial Land for Sale

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Des Plaines, IL Chicago, IL Niles, IL Morton Grove, IL Rosemont, IL Schiller Park, IL Glenview, IL Skokie, IL
Prime Development Opportunity Near O'Hare
Updated: Aug 6, 2024
Prime Development Opportunity Near O'Hare

1410 W Higgins Rd, Park Ridge, IL 60068

$1,150,000
22,000 sqft 0.63 AC lot
Exceptional development opportunity near O’Hare/Rosemont/Park Ridge.
Immediate access to I‑90 and I‑294, and minutes from O’Hare International Airport.
5‑minute walk to CTA Blue Line L and Bus Station with direct service to Downtown Chicago and O’Hare.
Located on Higgins Road (IL Route 72) adjacent to a recently approved hotel development.
Ideal for retail, office, commercial, medical services, senior housing, or multi‑family development.
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Park Ridge Development Opportunity
Updated: Jan 26
Park Ridge Development Opportunity

819 Busse Highway, Park Ridge, IL 60068

$2,325,000
Approved for a four‑story, twenty‑four unit senior housing development.
Strategically located near the Park Ridge Metra station for excellent commuter access.
Proximity to Oakton Street provides enhanced connectivity to major thoroughfares.
Suitable for office, retail, or residential use.
Located in Park Ridge, a thriving suburban city known for its excellent schools and strong community.
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Park Ridge Redevelopment Opportunity
Park Ridge Redevelopment Opportunity

1400 Renaissanace Dr., Park Ridge, IL 60068

$3,000,000
60,780 sqft

Commercial land available for redevelopment in Park Ridge, Illinois.

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3.55 Acre Commercial Land
3.55 Acre Commercial Land

8535 IL-72, Park Ridge, IL

$3,900,000
3.55 AC lot

Infill commercial development opportunity near I-90 outside Chicago.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Park Ridge, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land I-90 Exposure
Commercial Land I-90 Exposure

8647 West Higgins Road, Chicago, IL 60631

$3,900,000
3 sqft 3.55 AC lot

3.55 acre commercial development opportunity near I-90.

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Zoned Commercial Parking Lot Land
Zoned Commercial Parking Lot Land

6681 N Northwest Hwy, Chicago, IL 60631

$850,000

Commercial land parcel currently used as a parking lot and zoned B3-1, located near Metra in Edison Park.

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Des Plaines Redevelopment Opportunity
Des Plaines Redevelopment Opportunity

2720 S River Rd, Des Plaines, IL 60016

Contact for pricing
108,125 sqft 5.59 AC lot

5.59-acre site with 108,125 SF building near O’Hare Airport.

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Land Near I-294 and Airport
Land Near I-294 and Airport

2350 E Devon Ave, Des Plaines, IL 60018

Contact for pricing

Commercial land near I-294, suitable for dense, mixed-use development.

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Park Ridge, IL Commercial Land Market Trends and Statistics

Explore 4 commercial land for sale in Park Ridge, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 82,780 square feet of properties for sale, with an estimated market value of $4,150,000.

Sale prices for commercial lots in Park Ridge, IL start at $1,150,000, averaging $2,075,000, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 6
Residential land & home lots 1

Demographics Overview

Population 39K
Population Growth (5Y) +4.0%
Median Household Income $138,201
College Educated 91.8%

High-Yield Neighborhoods for Investment

Identify Park Ridge submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60068 $2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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