Listing Agency: Millennium Properties Real Estate s***@mpirealestate.com Show Phone

Listed By: Daniel J. Hyman · License #475136992

Source: Moodyscre

Added: Jul 30, 2025 Changed: Aug 17 Last Checked: Aug 17 at 2:51PM

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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

Goodman Amy Counselor Kelly A. Johnson, LPC Physician David Morrison Physician Ilene Fortin Community Health Centre Ridge Chimney Duct ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Nail Salon Bakery Daycare Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

967

Businesses Nearby

Explore this area Business Placement

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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 Hwy Park Ridge, IL.

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