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    1550 N Northwest Hwy Park Ridge, IL 60068

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    For Lease
    $16 SF/Yr

    Office spaces for rent near Advocate Lutheran General Hospital.

    Property Features for 1550 N Northwest Hwy

    General Information

    Standard status
    Active

    Building Details

    Year built
    1978

    Source: TWINS REALTY LLC Agent ROBERT KLAIRMONT

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

    Overview

    Park Ridge Office Space Available

    The buildings accommodate a variety of medical, office, and service businesses. Located 1.3 miles west of Advocate Lutheran General Hospital, the office park is accessible via Pace Bus Route 209, which serves the Des Plaines Metra Station and the Harlem CTA Station. This location offers an easily identifiable and convenient setting for companies seeking affordable rental rates near the greater O'Hare market. The properties feature conference rooms, loading docks, a restaurant, on-site storage, on-site management, interior garage parking, private outdoor balconies, and surface parking for visitors.
    Location Intelligence

    Current Use by Public Records

    Safeguard -Business Printing ... Print Shop Park Ridge Medical ... General Contractor Safeguard Business Systems Business Management Consultant Infinite Business Management Consultant S. K. Accounting ... Certified Public Accountant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.866105
    Latitude
    42.03498

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    FAQs

    What type of property is this?
    Office space - Office spaces for rent near Advocate Lutheran General Hospital.
    Where is this office space located?
    The property is located at 1550 N Northwest Hwy Park Ridge, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location near Advocate Lutheran General Hospital and the O'Hare market.; - Served by Pace Bus Route 209, connecting to Des Plaines Metra and Harlem CTA stations.; - Affordable rental rates.
    (773) 736-6461
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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
    1550 N Northwest Hwy Park Ridge, IL 60068
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