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    510 W Touhy Ave Park Ridge, IL 60068

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    For Lease
    Contact for pricing

    Retail space anchored by Trader Joe's in Park Ridge.

    Property size:
    1,814 SF
    Lot size:
    1.47 Acres

    Property Features for 510 W Touhy Ave

    General Information

    Size
    1,814 SF
    Lot size
    1.47 Acres

    Source: Phillips Edison & Company - Corporate Agent Samantha Goebel

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

    Overview

    Retail Space in Park Ridge

    This retail space is anchored by Trader Joe's. National tenants include Pure Barre, LensCrafters, Verizon Wireless, and OrangeTheory Fitness. The property is situated at the intersection of Northwest Highway, Prospect Avenue, and Touhy Avenue, near the Park Ridge Metra Station, which sees an average daily ridership of 37,900. It serves a population of over 161,900 within a three-mile radius, with an average household income exceeding $129,500. The property size is 1814 square feet.
    Location Intelligence

    Current Use by Public Records

    Thompson Air Duct ... Air Duct Cleaning Service Mughal The Biryani House Indian Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Village Green Shopping Center, Coin Cloud Bitcoin ATM, Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.830634
    Latitude
    42.011031

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    FAQs

    What type of property is this?
    Shopping center - Retail space anchored by Trader Joe's in Park Ridge.
    Where is this shopping center located?
    The property is located at 510 W Touhy Ave Park Ridge, IL.
    What are key features of this property?
    This property features: - Anchored by Trader Joe's, a leading grocer.; - Located at the intersection of Northwest Highway, Prospect Avenue, and Touhy Avenue, near the Park Ridge Metra Station.; - High average daily ridership of 37,900 at the nearby Park Ridge Metra Station.
    (513) 614-9068
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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
    510 W Touhy Ave Park Ridge, IL 60068
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