Strip Mall with Central
For Sale
$1,675,000
630-642 Busse Highway, Park Ridge, IL 60068
COMMERCIAL - Park Ridge, IL
Property Size12,000 SF
Lot Size0.57 Acres
Price / SF$139.58
Days on Market592
Property Features for 630-642 Busse Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
Busse west of Greenwood, east of Dee to property.
Subdivision
Park Ridge
Standard status
Active
APN
09272250240000
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
107679
Utilities
Cooling system
Central Air
Building Details
Year built
1955
Floors in Building
1
Number of units
7
Building materials
Brick, Block
Listing Agency:
Sebastian Co. Real Estate
(847) 823-3117
Listed By:
Donald Sebastian · License #475128823
(847) 823-3117
Added: Jan 3, 2025
Changed: Aug 4
Last Checked: Aug 18 at 1:06AM
MLS# 12264371
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully occupied seven-unit strip mall investment property offers a brick and block all-masonry building with central air conditioning. The offering includes 12,000 square feet and 35 off-street parking spaces, and it is described as having established, long-term tenants.
The property is located at 630-642 Busse Highway in Park Ridge, Illinois. It is zoned COMMR and is positioned for flexibility in how the space may be used. A commercial condo conversion is identified as a potential option, subject to applicable approvals.
Construction was completed in 1955. Additional materials requested include income/expense information and a survey. The property taxes are expected to be reduced to roughly 50% of the current amount.
The property is located at 630-642 Busse Highway in Park Ridge, Illinois. It is zoned COMMR and is positioned for flexibility in how the space may be used. A commercial condo conversion is identified as a potential option, subject to applicable approvals.
Construction was completed in 1955. Additional materials requested include income/expense information and a survey. The property taxes are expected to be reduced to roughly 50% of the current amount.
Key Highlights
- All‑masonry brick and block construction
- Fully occupied seven‑unit retail property
- 12,000 square feet
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,254
Businesses Nearby
81k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Shops & Services 33%
Dining 10%
Home Improvements & Furnishings 9%
Jewel-Osco
Groceries
39,592 visits/mo
0.3 miles
Chase Bank
Shops & Services
7,968 visits/mo
0.2 miles
Ace Hardware
Home Improvements & Furnishings
7,354 visits/mo
0.1 miles
The UPS Store
Shops & Services
6,283 visits/mo
0.3 miles
Bank of America
Shops & Services
6,134 visits/mo
0.2 miles
Demographics for 60068, IL
39,672
Population
15,999
Households
2.5
Avg Household Size
44
Median Age
65%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,435
Density / Sq Mi
$138,201
Median Household Income
$78,495
Median Earnings
$1,511
Median Rent
$539,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied seven-unit strip mall with central air, brick/block construction, and 35 off-street parking spaces.
Where is this strip mall located?
The property is located at 630-642 Busse Highway Park Ridge, IL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: All‑masonry brick and block construction; Fully occupied seven‑unit retail property; 12,000 square feet
