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Duplex Property with Attached Garage
New
For Sale
$899,950

1140 N Northwest Highway, Park Ridge, IL 60068

The first-floor residence is leased through August 2027, while the second-floor unit has a lease extending through 2028.

Property SizeContact for details
Days on Market5

Property Features for 1140 N Northwest Highway

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI
Occupancy 100%
Net Operating Income $51,025

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $18,619

Amenities

Park, Sidewalks, Street Lights
Therapeutic Whirlpool
Natural Gas, Baseboard
Finished, Exterior Entry, Full
Fenced
Garage Door Opener, Heated Garage, Attached, Garage

Building Details

Year Built 1962
Tenancy Multi
Listing Agency: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed By: Michael Stangel
Source: Evrealestate
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 6:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE

Investment Insights

Based on property information with market context.

Built in 1962, this Park Ridge duplex property has an attached garage and two residences: a first-floor duplex-down and a second-floor simplex. The first-floor unit is leased through August 2027; the second-floor unit is leased through 2028.

Key Highlights

  • Two residences: a first‑floor duplex‑down and a second‑floor simplex
  • Attached garage
  • First‑floor unit leased through August 2027

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The first-floor residence is leased through August 2027, while the second-floor unit has a lease extending through 2028.
Where is this duplex located?
The property is located at 1140 N Northwest Highway Park Ridge, IL.
What is the asking price?
The asking price for this property is $899,950.
What are key features of this property?
This property features: Two residences: a first‑floor duplex‑down and a second‑floor simplex; Attached garage; First‑floor unit leased through August 2027
More about this property
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