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    1600 W Dempster St Park Ridge, IL 60068

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    For Lease
    $22 SF/Yr

    Office space available in premier building near Lutheran General Hospital.

    Lot size:
    0.92 Acres

    Property Features for 1600 W Dempster St

    General Information

    Standard status
    Active
    Lot size
    0.92 Acres

    Building Details

    Year built
    1984

    Source: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO Agent VACILIKI RESS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Space Near Hospital

    This rarely offered office space is located in a premier building adjacent to Lutheran General Hospital. The property offers an opportunity to join established professional office tenants providing various services. The building benefits from good visibility and a mix of medical and professional tenants, with ample free parking available. The fully built-out office space is situated in an elevator building. The space is suitable for a variety of uses including medical practices, physical therapy, architecture firms, legal services, tax preparation, estate planning, insurance agencies, medical spas, yoga studios, and market research. The available office space is bright, features many windows, and offers natural light. It is ready for immediate occupancy, making it suitable for new businesses looking to start operations quickly.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Emelita Marquez-Wong, DDS Dentist Ismilecare Dentist Dr. Eunyoung Park, ... Dentist George J Futris ... Dentist Joseph Stanley DDS Dentist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8468993
    Latitude
    42.0401823

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    FAQs

    What type of property is this?
    Office space - Office space available in premier building near Lutheran General Hospital.
    Where is this office space located?
    The property is located at 1600 W Dempster St Park Ridge, IL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Premier building location next to Lutheran General Hospital and Potillos.; - **Fully built-out office space ready for immediate occupancy.**; - Ample free parking.
    (847) 510-5000
    Request Owner's contact information
    1600 W Dempster St Park Ridge, IL 60068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 W Dempster St Park Ridge, IL 60068
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