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Occupied Duplex with Hardwood Floors
For Sale
Under Contract
$490,000

1216 N Northwest Highway, Park Ridge, IL 60068

MULTI_FAMILY - Park Ridge, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market52

Property Features for 1216 N Northwest Highway

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Basement, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4
Parking 2
Parking features Garage
Basement Partially Finished, Full
Elementary school district 64
Middle school district 64
High school district 207
Directions W/E Dempster turn left on NW Hwy
Subdivision Park Ridge
Standard status Active Under Contract
APN 09223120160000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 10856

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public

Amenities

full basement with coin laundry and ample storage
fenced backyard

Building Details

Year built 1954
Building materials Brick
Roof type Asphalt
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Paul Froiland
Added: Jun 27 Changed: Aug 3 Last Checked: Aug 17 at 11:06PM
MLS# 12690382

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This occupied duplex at 1216 N Northwest Highway features hardwood flooring throughout both units. The first-floor unit is approximately 750 sq ft and includes 5 rooms plus a sunroom, with 2 bedrooms and 1 bath, along with a kitchen, dining room, and living room. The second-floor unit is approximately 600 sq ft and offers 2 bedrooms and 1 bath, including an eat-in kitchen and living room. Each unit includes one garage space and driveway parking. The property also has a full basement with coin laundry and ample storage, plus a fenced backyard.

Constructed with brick and roofed with asphalt, the home was built in 1954. Heating is provided via baseboard systems. The boiler was updated in 2021, and a newer hot water heater (2025) serves the lower unit. Utilities include public water and public sewer.

With both units currently occupied, the layout supports straightforward rental operation while retaining future flexibility to adapt the configuration as needs change.

Key Highlights

  • Both units are currently occupied with hardwood flooring throughout
  • First‑floor unit approx 750 sq ft: 2 bedrooms, 1 bath, kitchen, dining room, living room, plus sunroom
  • Second‑floor unit approx 600 sq ft: 2 bedrooms, 1 bath with eat‑in kitchen and living room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Barber Shop Furniture & Home Goods Nail Salon

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,308
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex with hardwood flooring in both occupied units, plus a full basement with coin laundry.
Where is this duplex located?
The property is located at 1216 N Northwest Highway Park Ridge, IL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Both units are currently occupied with hardwood flooring throughout; First‑floor unit approx 750 sq ft: 2 bedrooms, 1 bath, kitchen, dining room, living room, plus sunroom; Second‑floor unit approx 600 sq ft: 2 bedrooms, 1 bath with eat‑in kitchen and living room
More about this property
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