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    1300 Higgins Rd Park Ridge, IL 60068

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Park Ridge Office Suites Available

    Lot size:
    35,209 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Located at 1300 W Higgins Rd, Park Ridge, IL 60068, this Class-A office and medical building offers multiple tenancy options ranging from 1,507 to 9,806 square feet. The three-story building, constructed in 1987 and renovated in 2024, features a striking three-story atrium and boasts 400 total parking spaces in an underground heated garage. Two elevators provide convenient access to all floors. Amenities include an oversized conference center, break room, coffee service, and a multi-tenant pylon sign. Onsite building management ensures smooth operations. The property is zoned B-2 and sits on 3.08 acres of land, offering excellent visibility and accessibility. Its strategic location is two blocks west of the Cumberland (Blue Line train) & I-90 interchange, with convenient access to bus routes #209 and #241. Nearby amenities include the Marriott Chicago O'Hare hotel and a Mariano's grocery store. The area boasts strong demographics, with a population of 71,969 within a 2-mile radius and 429,351 within a 5-mile radius, and average household incomes of $117,441 and $104,717 respectively. Daytime employment figures are equally impressive, with 66,608 within 2 miles and 225,291 within 5 miles. The high traffic volume on I-90 (over 205,000 vehicles daily) and proximity to O'Hare International Airport (five minutes away, handling nearly 74 million passengers in 2023) further enhance the property's desirability.

    Property Features for 1300 Higgins Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,209 SF

    Building Details

    Year Built/Renovated
    1987/2024
    Stories
    3

    Unit(s) available at that property

    Space
    2nd Floor, Ste 209
    Size
    3,650 SF
    Rate per SF
    $15
    Space
    2nd Floor, Ste 214
    Size
    1,507 SF
    Rate per SF
    $16
    Space
    2nd Floor, Ste 220
    Size
    5,475 SF
    Rate per SF
    $14
    Space
    3rd Floor, Ste 301
    Size
    9,806 SF
    Rate per SF
    $14
    Space
    3rd Floor, Ste 302
    Size
    9,660 SF
    Rate per SF
    $14
    Space
    1st Floor, Ste 103
    Size
    5,111 SF
    Rate per SF
    $14

    HighLights

    • Class‑A office and medical building totaling 9,806 square feet available in multiple suites from 1,507 square feet.
    • Three‑story building with a three‑story atrium, constructed in 1987 and renovated in 2024.
    • 400 heated underground parking spaces and two elevators.
    • On‑site amenities include a conference center, break room, and coffee service; multi‑tenant pylon sign.
    • Located at 1300 W Higgins Rd, Park Ridge, IL 60068, on 3.08 acres with B‑2 zoning, offering excellent visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Koch Foods Inc Corporate Office First American Title ... Title Company Mantas Law, LLC Law Firm Edward Jones - Financial ... Financial Consultant Hamilton Law Firm Law Firm

    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
    -87.8424664
    Latitude
    41.9878235

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    FAQs

    What type of property is this?
    Medical office - Prime Park Ridge Office Suites Available
    Where is this medical office located?
    The property is located at 1300 Higgins Rd 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: Class-A office and medical building totaling 9,806 square feet available in multiple suites from 1,507 square feet.; Three-story building with a three-story atrium, constructed in 1987 and renovated in 2024.; 400 heated underground parking spaces and two elevators.
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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

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    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
    1300 Higgins Rd Park Ridge, IL 60068
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