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Historic Second-Floor Office Units
For Lease
$1,500/Mo

5 South Prospect, Park Ridge, IL 60068

Three lease-ready office spaces occupy the upper level of a historic building near restaurants, shops, and the Metra station.

Space Size390 SF - 8,400 SF
Property Size41,819 SF
Days on Market68

Property Features for 5 South Prospect

General Information

Standard status Active
Size 390 SF - 8,400 SF
Class B
Property subtype Second Floor Office Spaces
Lease Term NN; MG

Space & Availability

Floor 2
Space Use Office

Additional Details

Public Transit Yes

Amenities

parking
signage

Building Details

Building Size 41,819 SF
Year Built 1928

Spaces For Lease

at 5 South Prospect Contact us

Rear Building

Size
8,400 SF
Type
Iconic Rear Theater Building - To Be Repurposed To a Wide Array of Businesses
Term
Negotiable
Contact us

Suite 10 $1,500/Mo

Size
400 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 11 $1,500/Mo

Size
470 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 9 $1,500/Mo

Size
390 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Troy Companies
Listed By: Steve Cioromski
Source: Troyrealtyltd
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 31 at 2:21PM

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 Troy Companies

Investment Insights

Based on property information with market context.

Three second-floor office spaces are available within the historic Pickwick building at 5 South Prospect in Park Ridge. The property dates to 1928 and offers a distinctive setting for office users seeking space in an established commercial building.

The building is positioned in Park Ridge’s uptown area, close to restaurants and retail businesses, with the Metra station accessible on foot. Ample parking is available, and signage opportunities are offered for occupants. The available spaces are separate from the main theater, which is not included in the lease offering.

Key Highlights

  • Three second‑floor office spaces available
  • Historic Pickwick building constructed in 1928
  • Uptown Park Ridge location at 5 South Prospect

Property Analytics

Current Use

Pickwick Theatre Cinema

Suggested Use

Top Pick Auto Repair Shop Daycare Center Grocery & Convenience Store Garden Center Pharmacy Auto Parts 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

1,756
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Three lease-ready office spaces occupy the upper level of a historic building near restaurants, shops, and the Metra station.
Where is this office units located?
The property is located at 5 South Prospect Park Ridge, IL.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Three second‑floor office spaces available; Historic Pickwick building constructed in 1928; Uptown Park Ridge location at 5 South Prospect
More about this property
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