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Brick Multifamily Property with Garage
New
For Sale
$799,000

647 N Northwest Highway, Park Ridge, IL 60068

Residential Income, Park Ridge, IL

Property SizeContact for details
Days on Market2

Property Features for 647 N Northwest Highway

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 4, Laundry Room, Bedroom 4, Bedroom 1, Kitchen, Bathroom 3, Game Room, Bedroom 6, Basement, Bathroom 1, Bedroom 3
Parking 2
Parking features Garage
Fencing Fenced
Basement Finished, Full
Elementary school Franklin Elementary School
Middle school Emerson Middle School
High school Maine South High School
Elementary school district 64
Middle school district 64
High school district 207
Directions Greenwood and N. Northwest HWY-1 block west to property
Subdivision Park Ridge
Standard status Active
APN 09261140320000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15784

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam

Amenities

hardwood floors
updated kitchens
separate washer/dryer
stainless steel appliances

Building Details

Year built 1967
Building materials Brick
Roof type Asphalt
Listing Agency: Baird & Warner
Listed By: Megan Grealy
Added: Sep 24 Changed: Sep 25 Last Checked: Sep 25 at 3:06PM
MLS# 12768048

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.

Built in 1967, this brick multifamily property includes two flats and a finished garden apartment. The basement has kitchen hookups in place. Hardwood floors run throughout, and the kitchens have been updated with several newer stainless steel appliances. Separate washer and dryer setups are provided for tenants, and an attached heated two-car garage serves the property. The building has natural gas and steam heating, public sewer, and MULTI zoning.

At 647 N Northwest Highway in Park Ridge, the property is less than a mile on foot from Uptown Park Ridge. Lutheran General Hospital is a five-minute drive away, O’Hare is 15 minutes away, and local expressways are nearby.

Key Highlights

  • Brick two‑flat with a finished garden apartment
  • Attached heated garage accommodates 2 cars
  • Hardwood floors, updated kitchens, and several new stainless steel appliances

Property Analytics

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Current Use

Multifamily properties

Suggested Use

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

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,388
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

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - A finished garden-level apartment adds flexibility alongside the upper residences and attached heated garage.
Where is this multifamily property located?
The property is located at 647 N Northwest Highway Park Ridge, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Brick two‑flat with a finished garden apartment; Attached heated garage accommodates 2 cars; Hardwood floors, updated kitchens, and several new stainless steel appliances
More about this property
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