Park Ridge Development
For Sale
$2,325,000
819 Busse Highway, Park Ridge, IL 60068
32,427 SF development site in Park Ridge, Illinois.
Property SizeContact for details
Days on Market287
Property Features for 819 Busse Highway
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$13,108
Listing Agency:
MILLENNIUM PROPERTIES RE, INC.
(312) 338-3000
Listed By:
DANIEL HYMAN · License #471013658
(312) 338-3003
Source:
Corcoran
Added: Nov 25, 2025
Changed: Sep 7
Last Checked: Sep 8 at 6:14AM
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 MILLENNIUM PROPERTIES RE, INC.
Investment Insights
Based on property information with market context.
This 32,427 square foot development site occupies one full block on Busse Highway. Redevelopment has been approved for a four-story housing development for those aged 55 and over. The property is in close proximity to the Park Ridge Metra station and Oakton Street, as well as retailers, business parks, and several residential subdivisions. Diverse retail options and dining establishments are nearby, including Starbucks, McDonald’s, Lou Malnati’s, Jewel-Osco, and Chase Bank. The zoning is PUD, Park Ridge, and is zoned for 24 units and 48 parking spaces.
Key Highlights
- Approved redevelopment for 4‑story Aged 55 and Over‑housing development
- 32,427 SF development site** on prime Busse Hwy
- One full block location
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
886
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 32,427 SF development site in Park Ridge, Illinois.
Where is this land located?
The property is located at 819 Busse Highway Park Ridge, IL.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: Approved redevelopment for **4‑story Aged 55 and Over‑housing development**; 32,427 SF development site** on prime Busse Hwy; One full block location
