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Seven-Unit Strip Mall
For Sale
$1,675,000

630-642 Busse Highway, Park Ridge, IL 60068

Commercial Sale, Park Ridge, IL

Property Size12,000 SF
Lot Size0.57 Acres
Price / SF$139.58
Days on Market632

Property Features for 630-642 Busse Highway

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions Busse west of Greenwood, east of Dee to property.
Subdivision Park Ridge
Standard status Active
APN 09272250240000
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 107679

Utilities

Cooling system Central Air

Building Details

Year built 1955
Floors in Building 1
Number of units 7
Building materials Brick, Block
Listing Agency: Sebastian Co. Real Estate
Listed By: Donald Sebastian · License #475128823
Added: Jan 3, 2025 Changed: Aug 19 Last Checked: Sep 27 at 7:06AM
MLS# 12264371

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.

Investment Insights

Based on property information with market context.

This fully occupied strip mall contains seven retail units within a 12,000-square-foot masonry building constructed in 1955. Brick and block construction, central air, and 35 off-street parking spaces support the existing multi-tenant configuration. The property sits on a 0.5693-acre lot and is located at 630-642 Busse Highway in Park Ridge, Illinois.

COMMR zoning is in place for the property. The current occupancy and established tenant base provide an operating retail configuration, while the site’s Busse Highway address places the building within the Park Ridge commercial environment. Income and expense information and a survey are available through the broker.

Key Highlights

  • Fully occupied seven‑unit retail property
  • 12,000‑square‑foot masonry building constructed in 1955
  • 35 off‑street parking spaces

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Garden Center Kitchen & Bath Showroom

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Strip mall - Multi-tenant retail property with COMMR zoning, central air, and off-street parking.
Where is this strip mall 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: Fully occupied seven‑unit retail property; 12,000‑square‑foot masonry building constructed in 1955; 35 off‑street parking spaces
More about this property
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