Park Ridge Development
For Sale
$2,325,000
819 Busse Highway, Park Ridge, IL 60068
Land for development near Park Ridge Metra station.
Property SizeContact for details
Days on Market206
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 #471.013658X
Source:
Corcoran
Added: Jan 26
Changed: Aug 20
Last Checked: Aug 20 at 5:19AM
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.
Located at 819 Busse Highway in Park Ridge, this property is available for sale. It is strategically situated near the Park Ridge Metra station, providing accessibility for commuters and residents. Its proximity to Oakton Street enhances connectivity to major thoroughfares. The location is suitable for the recently approved four-story, twenty-four-unit senior housing development plans, but is also appropriate for office, retail, or residential use. Park Ridge is a suburban city located 15 miles northwest of downtown Chicago, known for its tree-lined streets, schools, and community. The surrounding area offers retail options, including boutiques, restaurants, and essential services. Recent approvals reflect a supportive environment for growth and investment.
Key Highlights
- Approved for a four‑story, twenty‑four unit senior housing development.
- Strategically located near the Park Ridge Metra station for excellent commuter access.
- Proximity to Oakton Street provides enhanced connectivity to major thoroughfares.
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land for development near Park Ridge Metra station.
Where is this commercial 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 for a **four‑story, twenty‑four unit senior housing development.**; Strategically located near the Park Ridge Metra station for **excellent commuter access.**; Proximity to Oakton Street provides enhanced connectivity to major thoroughfares.
