Redevelopment Office
For Sale
Contact for pricing
1400 Renaissance Dr, Park Ridge, IL 60068
Office building offering indoor and outdoor parking and strong northwest highway exposure.
Property Size60,780 SF
Lot Size3.49 Acres
Price / SF$49.36
Days on Market1126
Property Features for 1400 Renaissance Dr
General Information
Standard status
Active
Size
60,780 SF
Class
B
Total Parking Spaces
92
Lot size
3.49 Acres
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Year Built
1970
Listing Agency:
Lee & Associates | Chicago
(773) 355-3000
Listed By:
Tony Russo
(630) 728-1179
Source:
Moodyscre
Added: Aug 15, 2023
Changed: Aug 14
Last Checked: Sep 13 at 6:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Chicago
Investment Insights
Based on property information with market context.
This office property was built in 1970 and totals 60,780 square feet on 3.49 acres. The offering is described as a redevelopment opportunity, with the full building currently available.
The site includes 17 indoor parking spaces and 75 outdoor parking spaces. Public remarks cite excellent exposure on Northwest Highway, and the property is near Advocate Lutheran General Hospital, Benjamin Franklin Elementary School, and Maine East High School. Drive times referenced in the remarks include approximately 7 minutes to Golf Mill Shopping Center and about 4 minutes to I-294.
For buyers evaluating office redevelopment or repositioning, the property’s parking capacity and roadway exposure are key considerations noted in the listing materials.
The site includes 17 indoor parking spaces and 75 outdoor parking spaces. Public remarks cite excellent exposure on Northwest Highway, and the property is near Advocate Lutheran General Hospital, Benjamin Franklin Elementary School, and Maine East High School. Drive times referenced in the remarks include approximately 7 minutes to Golf Mill Shopping Center and about 4 minutes to I-294.
For buyers evaluating office redevelopment or repositioning, the property’s parking capacity and roadway exposure are key considerations noted in the listing materials.
Key Highlights
- 60,780 SF office building on 3.49 acres, listed at $3,000,000 ($49.36 psf)
- 17 indoor parking spaces plus 75 outdoor parking spaces
- Year built: 1970; office building class B
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,313
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Office building offering indoor and outdoor parking and strong northwest highway exposure.
Where is this office building located?
The property is located at 1400 Renaissance Dr Park Ridge, IL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 60,780 SF office building on 3.49 acres, listed at $3,000,000 ($49.36 psf); 17 indoor parking spaces plus 75 outdoor parking spaces; Year built: 1970; office building class B
