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    1480 Renaissance Dr Park Ridge, IL 60068

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Park Ridge Office Space, 23 Suites Available

    Lot size:
    54,687 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Park Ridge office center, the O'Hare Office Center, offers a diverse range of spaces, from 14 sq ft to 18,927 sq ft, perfect for businesses of all sizes. Located at 1480 Renaissance Dr, Park Ridge, IL 60068, this Class B building boasts a total of 54,687 square feet situated on 2.5 acres of land in Cook County. The property features multiple tenancies, catering to executive, traditional, medical, and creative office needs. Its convenient location offers easy access to I-294 (Tri-State Tollway), Route 14, Northwest Highway, and the Rand Road interchange, placing it just 1.3 miles west of Advocate Lutheran General Hospital. Public transportation is readily available via Pace Bus Route 209, connecting to Des Plaines Metra Station and the Harlem CTA Station. Building amenities include ample visitor surface parking, interior garage parking, private outdoor balconies, conference rooms, loading docks, an on-site restaurant, and on-site storage. Leases include HVAC and janitorial services. The property benefits from on-site management and enjoys an A+ rating on Niche.com, reflecting its desirable location and comprehensive amenities within the greater O'Hare market. This is an ideal opportunity for businesses seeking affordable rental rates in a well-maintained and conveniently located office park.

    Property Features for 1480 Renaissance Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,687 SF
    Class
    B
    Total Rate
    63801.5

    Unit(s) available at that property

    Space
    410
    Size
    14 SF
    Rate per SF
    $14
    Space
    415
    Size
    725 SF
    Rate per SF
    $14
    Space
    206
    Size
    1,792 SF
    Rate per SF
    $14
    Space
    102
    Size
    1,168 SF
    Rate per SF
    $16
    Space
    213
    Size
    2,037 SF
    Rate per SF
    $14
    Space
    403
    Size
    4,142 SF
    Rate per SF
    $14
    Space
    308
    Size
    2,088 SF
    Rate per SF
    $14
    Space
    205
    Size
    1,661 SF
    Rate per SF
    $14
    Space
    408
    Size
    3,286 SF
    Rate per SF
    $14
    Space
    215
    Size
    1,466 SF
    Rate per SF
    $14
    Space
    208
    Size
    925 SF
    Rate per SF
    $14
    Space
    401
    Size
    2,319 SF
    Rate per SF
    $14
    Space
    304
    Size
    2,451 SF
    Rate per SF
    $14
    Space
    310
    Size
    2,774 SF
    Rate per SF
    $14
    Space
    210
    Size
    1,103 SF
    Rate per SF
    $14
    Space
    300
    Size
    7,581 SF
    Rate per SF
    $14
    Space
    412
    Size
    1,454 SF
    Rate per SF
    $14
    Space
    203
    Size
    2,151 SF
    Rate per SF
    $14
    Space
    4th Floor
    Size
    18,927 SF
    Rate per SF
    $14
    Space
    402
    Size
    2,055 SF
    Rate per SF
    $14
    Space
    206
    Size
    1,792 SF
    Rate per SF
    $14
    Space
    305
    Size
    1,891 SF
    Rate per SF
    $14
    Space
    414
    Size
    1,440 SF
    Rate per SF
    $14

    HighLights

    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Core One Mortgage ... Mortgage Lender Advocate Children's Medical ... Pediatric Nephrologist UMC Deal Church CBI Partners Business Management Consultant Ponticelli & Vito Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8644125
    Latitude
    42.0335638

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      Prime Park Ridge office space, multiple suites available.
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      Uptown Park Ridge Retail Space

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      Park Ridge Executive Office Suites

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    FAQs

    What type of property is this?
    Office space - Prime Park Ridge Office Space, 23 Suites Available
    Where is this office space located?
    The property is located at 1480 Renaissance Dr Park Ridge, IL.
    What is the lease rate?
    The lease rate is $14-$16 SF/Yr.
    What are key features of this property?
    This property features: Ample parking available.; ;
    Request Owner's contact information
    1480 Renaissance Dr Park Ridge, IL 60068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1480 Renaissance Dr Park Ridge, IL 60068
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