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Updated Office Unit Near Transit

41 S Prospect Avenue, Park Ridge, IL 60068

For Lease
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Commercial Lease, Park Ridge, IL

Space SizeContact for details
Days on Market192

Property Features for 41 S Prospect Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning OFFIC
Directions E side of Prospect Ave S of Touhy and N of Summit Ave
Subdivision Park Ridge
Standard status Active

Utilities

Cooling system Central Air

Amenities

reception area

Building Details

Year built 1900
Floors in Building 1
Flooring type Carpet
Listing Agency: RE/MAX Properties Northwest · RE/MAX International
Listed By: Terri Tillinghast · License #471013502
Added: May 2 Changed: Oct 10 Last Checked: Nov 9 at 4:06AM
MLS# 12636730

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.

Rey
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Investment Insights

Based on property information with market context.

This office unit at 41 S Prospect Avenue includes an updated interior with a reception area and two private offices. Restrooms are located within the shared office area, while carpet flooring and central air provide established workplace features. The building dates to 1900, and the property is zoned OFFIC.

CTA bus service and Metra rail are located less than a minute away, providing immediate access to public transportation in Park Ridge. The unit is positioned above Holt's. The tenant is responsible for electric, cable, phone, and internet service.

Key Highlights

  • Updated office interior with reception area and two private offices
  • Shared office area includes restrooms
  • CTA bus and Metra rail are less than a minute away

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Robin & Fretzin Physician Fretzin David F ... Physician Catherine Brukalo Law Firm Buxbaum Locksmith Locksmith Hayes Daniel LLP Law Firm

Suggested Use

Top Pick Food Market Grocery & Convenience Store Daycare Center Garden Center Bakery (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,816
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Park Ridge, IL

$31.8 /SF/Yr
Avg Asking Price
$24–$37 /SF/Yr
Price Range
5,291 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Cook County, IL

$25.44 Jul
$26.73 Aug
$25.94 Sep
$24.93 Oct

Properties on Market for Office Units in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Reception area, two private offices, and shared restrooms support a practical office layout.
Where is this office unit located?
The property is located at 41 S Prospect Avenue Park Ridge, IL.
What are key features of this property?
This property features: Updated office interior with reception area and two private offices; Shared office area includes restrooms; CTA bus and Metra rail are less than a minute away
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