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1550 N Northwest Hwy, Park Ridge, IL 60068

Office park with amenities near I-294 and Advocate Lutheran Hospital.

Space Size49 SF - 6,633 SF
Property Size117,058 SF
Days on Market1865

Property Features for 1550 N Northwest Hwy

General Information

Standard status Active
Size 49 SF - 6,633 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 117,058 SF
Tenancy Multiple

Spaces For Lease

at 1550 N Northwest Hwy Contact us

100

Size
993 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

352

Size
834 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

311

Size
1,877 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

339

Size
1,494 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

345

Size
1,510 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

412

Size
251 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

101

Size
592 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

103

Size
680 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

104

Size
1,343 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

105

Size
1,312 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

114

Size
722 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

117

Size
6,633 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

202

Size
1,323 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

210

Size
2,707 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

333

Size
394 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

340

Size
831 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

342

Size
648 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

404

Size
3,996 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

410

Size
673 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

106

Size
890 SF
Type
Office
Availability
Active
Contact us

1A

Size
76 SF
Type
Office
Availability
Active
Contact us

1AA

Size
57 SF
Type
Office
Availability
Active
Contact us

1B

Size
76 SF
Type
Office
Availability
Active
Contact us

1C

Size
90 SF
Type
Office
Availability
Active
Contact us

1D

Size
84 SF
Type
Office
Availability
Active
Contact us

1E

Size
49 SF
Type
Office
Availability
Active
Contact us

1F

Size
53 SF
Type
Office
Availability
Active
Contact us

1GG

Size
57 SF
Type
Office
Availability
Active
Contact us

202A

Size
661 SF
Type
Office
Availability
Active
Contact us

400

Size
2,995 SF
Type
Office
Availability
Active
Contact us

4A

Size
94 SF
Type
Office
Availability
Active
Contact us

4C

Size
80 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Imperial Realty Company
Listed By: Theron May · License #IL 471.019986
Source: Crexi
Added: Jul 29, 2021 Changed: Sep 3 Last Checked: Sep 1 at 10:41AM

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 Imperial Realty Company

Investment Insights

Based on property information with market context.

Renaissance Office Park, located just off I-294 (Tri-State Tollway), Route 14 (Dempster Street), Northwest Highway and Rand Road interchange, houses numerous medical, office, and service businesses. The office park is situated 1.3 miles west of Advocate Lutheran General Hospital and is accessible via Pace Bus Route 209, which serves the Des Plaines Metra Station and the Harlem CTA Station. This easily identifiable location offers affordable rental rates and convenient proximity to the greater O’Hare market. The properties feature conference rooms, loading docks, a restaurant, on-site storage, on-site management, interior garage parking, private outdoor balconies, and ample surface parking for visitors. HVAC and janitorial service are included with the lease.

Key Highlights

  • Convenient location near I‑294, Route 14, Northwest Highway and Rand Road interchange, providing easy access.
  • Close proximity (1.3 miles) to Advocate Lutheran General Hospital.
  • Affordable rental rates in the O’Hare market area.

Property Analytics

Current Use

Safeguard -Business Printing ... (Bike/Boat/Book/etc) Store Park Ridge Medical ... Construction Company Safeguard Business Systems Business Management Consultant Infinite Business Management Consultant S. K. Accounting ... Accounting Firm

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

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

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,293
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

Market

Lease Benchmarks for Park Ridge, IL

$25.25 /SF/Yr
Avg Asking Price
$22–$28 /SF/Yr
Price Range
5,902 SF
Avg Space Size

This space is priced 64% below the average of $25.25 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office park with amenities near I-294 and Advocate Lutheran Hospital.
Where is this office units located?
The property is located at 1550 N Northwest Hwy Park Ridge, IL.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Convenient location near I‑294, Route 14, Northwest Highway and Rand Road interchange, providing easy access.; Close proximity (1.3 miles) to Advocate Lutheran General Hospital.; Affordable rental rates in the O’Hare market area.
(773) 736-6461 Call to check price and availability
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