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

630-642 Busse Hwy, Park Ridge, IL 60068

Fully occupied retail property with established tenants, flexible zoning, and dedicated off-street parking.

Property Size12,000 SF
Price / SF$139.58
Days on Market4

Property Features for 630-642 Busse Hwy

General Information

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

Building Details

Year Built 1955
Buildings 1
Construction masonry
Tenancy Multi
Listing Agency: Sebastian Co. Real Estate
Listed By: Donald Sebastian · License #475128823
Source: Bktchicago
Added: Sep 21 Last Checked: Sep 22 at 9:06PM

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 shopping center contains seven occupied retail units within a 12,000-square-foot masonry building constructed in 1955. The property includes 35 off-street parking spaces and is leased to established, long-term tenants. Flexible zoning supports the current retail configuration, while the building’s multi-unit layout provides a defined structure for ongoing commercial occupancy.

The property is located at 630-642 Busse Hwy in Park Ridge, Illinois. Its current tenant profile and unit count make the asset suitable for continued operation as a multi-tenant retail property. The source information also identifies potential for commercial condominium conversion, subject to review of applicable requirements and documentation.

Key Highlights

  • Seven occupied retail units
  • 12,000 square feet in an 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 - Fully occupied retail property with established tenants, flexible zoning, and dedicated off-street parking.
Where is this shopping center located?
The property is located at 630-642 Busse Hwy 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 occupied retail units; 12,000 square feet in an all‑masonry building; 35 off‑street parking spaces
More about this property
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