Approved 55+ Development
For Sale
Contact for pricing
819 Busse Hwy, Park Ridge, IL 60068
Full-block development site totaling 32,427 SF, approved for a 4-story 55+ housing redevelopment.
Property SizeContact for details
Lot Size0.74 Acres
Days on Market385
Property Features for 819 Busse Hwy
General Information
Standard status
Active
Lot size
0.74 Acres
Property subtype
LAND
Listing Agency:
Millennium Properties Real Estate
(312) 338-3003
Listed By:
Daniel J. Hyman · License #475136992
Source:
Moodyscre
Added: Jul 30, 2025
Changed: Aug 8
Last Checked: Jul 27 at 4:29AM
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 Real Estate
Investment Insights
Based on property information with market context.
This full-block development site totals 32,427 SF and is positioned for redevelopment into a 4-story aged 55 and over housing community. The project has redevelopment approval for the 55+ housing use.
Located on Busse Hwy in Park Ridge, the site benefits from nearby access to Park Ridge Metra station and Oakton Street, along with retail, business parks, and several residential subdivisions.
The property is listed under PUD zoning in Park Ridge and is described as zoned for 24 units with 48 parking spaces. Potential buyers and development partners may wish to review the approval framework and site entitlement details during diligence.
Located on Busse Hwy in Park Ridge, the site benefits from nearby access to Park Ridge Metra station and Oakton Street, along with retail, business parks, and several residential subdivisions.
The property is listed under PUD zoning in Park Ridge and is described as zoned for 24 units with 48 parking spaces. Potential buyers and development partners may wish to review the approval framework and site entitlement details during diligence.
Key Highlights
- Full‑block development site totaling 32,427 SF on Busse Hwy
- Redevelopment approved for a 4‑story aged 55 and over housing project
- Zoned PUD in Park Ridge for 24 units and 48 parking spaces
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,090
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?
Residential land & home lot - Full-block development site totaling 32,427 SF, approved for a 4-story 55+ housing redevelopment.
Where is this residential land & home lot located?
The property is located at 819 Busse Hwy Park Ridge, IL.
What are key features of this property?
This property features: Full‑block development site totaling 32,427 SF on Busse Hwy; Redevelopment approved for a 4‑story aged 55 and over housing project; Zoned PUD in Park Ridge for 24 units and 48 parking spaces
