Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1 S Prospect Ave Park Ridge, IL 60068

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,500 /Mo ($45 SF/Yr)

    Four second-floor office spaces available in a landmark building.

    Property size:
    400 SF
    Lot size:
    0.87 Acres

    Property Features for 1 S Prospect Ave

    General Information

    Size
    400 SF
    Lot size
    0.87 Acres

    Source: Troy Companies Agent Hubert Cioromski

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

    Overview

    Park Ridge Office Space Available

    Four office spaces are available on the second floor of a landmark building. The property benefits from high foot traffic and is located at a popular stoplight intersection within Park Ridge. Ample parking is available, grandfathered in to accommodate nearly any use. Signage opportunities are also available. The property offers spaces of 400 square feet.
    Location Intelligence

    Current Use by Public Records

    Pazzi Di Pizza ... Italian Restaurant

    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
    -87.8292335
    Latitude
    42.0108313

    Nearby Similar for Lease

    • $24 SF/Yr

      Finished Commercial Space Near Uptown

      Versatile 1,925 sq ft commercial space near Metra station.
      831 W Touhy Ave, Park Ridge, IL 60068
      View Details
    • New
      $36 SF/Yr

      Historic Pickwick Theater Office Space

      Office space in Park Ridge's prestigious Pickwick Theater building.
      3 S Prospect Ave, Park Ridge, IL 60068
      View Details
    • $23 SF/Yr

      Renovated Office Space Near Transit

      Move-in ready office with parking, close to transit and amenities.
      1030 W Higgins Rd, Park Ridge, IL 60068
      View Details
    • Contact for pricing
      8,200 SF

      Iconic Pickwick Theater Rear Building

      Rear building of Pickwick Theater available for lease.
      116 Euclid Ave, Park Ridge, IL 60068
      View Details
    • $5 SF/Yr
      6,249 SF

      Park Ridge Office Space Available

      Flexible Offices, Coworking & More
      222 Prospect Ave, Park Ridge, IL 60068
      View Details
    • $22 SF/Yr

      Professional Office Space Near Hospital

      Office space available in premier building near Lutheran General Hospital.
      1600 W Dempster St, Park Ridge, IL 60068
      View Details

    FAQs

    What type of property is this?
    Office space - Four second-floor office spaces available in a landmark building.
    Where is this office space located?
    The property is located at 1 S Prospect Ave Park Ridge, IL.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - High foot traffic counts make this an ideal location.; - At the most popular stoplight intersection within Park Ridge.; - Ample parking available for customers and staff.
    (773) 792-3000
    Request Owner's contact information
    1 S Prospect Ave Park Ridge, IL 60068
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 S Prospect Ave
    Park Ridge, IL 60068
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1 S Prospect Ave Park Ridge, IL 60068
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.