Prime Development Opportunity Near
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1410 W Higgins Rd, Park Ridge, IL 60068
Development site near transportation, convention center, and airport.
Property Size22,000 SF
Lot Size0.63 Acres
Price / SF$52.27
Days on Market745
Property Features for 1410 W Higgins Rd
General Information
Standard status
Active
Size
22,000 SF
Lot size
0.63 Acres
Property subtype
Land
Zoning
B-2
Listing Agency:
Stefco Commercial Real Estate
Listed By:
Steffan A. Aliferakis · License #471.022333
Source:
Crexi
Added: Aug 6, 2024
Changed: Aug 17
Last Checked: Aug 19 at 1:17AM
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 Stefco Commercial Real Estate
Investment Insights
Based on property information with market context.
This property presents an exceptional development opportunity in the O’Hare/Rosemont/Park Ridge market, situated at the I-90/Cumberland Avenue Tollway interchange. The surrounding area is highly developed, featuring Class A office buildings, hotels, restaurants, retail spaces, and multi-family properties. It offers immediate access to I-90 and I-294, and is located minutes from O’Hare International Airport. The site is a 10-minute drive from the Rosemont Convention Center, Entertainment District, and Fashion Outlet Mall, and a 5-minute walk from the CTA Cumberland Avenue Blue Line L and Bus Station, providing direct service from Downtown Chicago to O’Hare International Airport. Located on Higgins Road (IL Route 72), the property is immediately adjacent to a site recently approved for a new hotel development featuring 112 rooms with 110 car parking spaces, and across the street from the Chicago O’Hare Marriott Hotel and Convention Center. Currently, the property includes two 1960s-era 2-story walk-up office buildings containing approximately 22,000 square feet on a combined site of approximately 27,300 square feet. It is ideal for retail, office, commercial, medical services, senior housing, or possible multi-family development.
Key Highlights
- Exceptional development opportunity near O’Hare/Rosemont/Park Ridge.
- Immediate access to I‑90 and I‑294, and minutes from O’Hare International Airport.
- 5‑minute walk to CTA Blue Line L and Bus Station with direct service to Downtown Chicago and O’Hare.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,638
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?
Commercial land - Development site near transportation, convention center, and airport.
Where is this commercial land located?
The property is located at 1410 W Higgins Rd Park Ridge, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Exceptional development opportunity near O’Hare/Rosemont/Park Ridge.; Immediate access to I‑90 and I‑294, and minutes from O’Hare International Airport.; 5‑minute walk to CTA Blue Line L and Bus Station with direct service to Downtown Chicago and O’Hare.
