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Seven-Unit Shopping Center
For Sale
$1,675,000

630-642 Busse Highway, Park Ridge, IL 60068

All-masonry construction and on-site parking support a multi-tenant retail configuration.

Property Size12,000 SF
Price / SF$139.58
Days on Market575

Property Features for 630-642 Busse Highway

General Information

Standard status Active
Size 12,000 SF
Total Parking Spaces 35
Property subtype COMMERCIAL
Occupancy 100%

Building Details

Building Size 12,000 SF
Year Built 1955
Buildings 1
Construction masonry
Tenancy Multi
Listing Agency: Sebastian Co. Real Estate
Listed By: Donald Sebastian · License #475128823
Source: Dawnmckennagroup
Added: Jan 3, 2025 Changed: Jul 31 Last Checked: Jul 31 at 7:34AM

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 Sebastian Co. Real Estate

Investment Insights

Based on property information with market context.

This fully occupied shopping center contains seven units within a 12,000-square-foot all-masonry building. Built in 1955, the property includes 35 off-street parking spaces and serves a multi-tenant retail configuration.

The property is located at 630-642 Busse Highway in Park Ridge, Illinois, providing an established commercial address for its existing tenant base.

Key Highlights

  • Seven‑unit shopping center with full occupancy
  • 12,000‑square‑foot all‑masonry building
  • 35 off‑street parking spaces

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Auto Repair Shop Pharmacy Daycare Center Hotel & Motel 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,254
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 49% Shops & Services 33% Dining 10% Home Improvements & Furnishings 9%
Jewel-Osco Groceries
39,592 visits/mo 0.3 miles
Chase Bank Shops & Services
7,968 visits/mo 0.2 miles
Ace Hardware Home Improvements & Furnishings
7,354 visits/mo 0.1 miles
The UPS Store Shops & Services
6,283 visits/mo 0.3 miles
Bank of America Shops & Services
6,134 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - All-masonry construction and on-site parking support a multi-tenant retail configuration.
Where is this shopping center located?
The property is located at 630-642 Busse Highway Park Ridge, IL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Seven‑unit shopping center with full occupancy; 12,000‑square‑foot all‑masonry building; 35 off‑street parking spaces
More about this property
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