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1420 Renaissance Dr Park Ridge, IL 60068

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Partially leased office building near I-294 and Metra.

Type:Office
Property size:
54,570 SF
Lot size:
3.03 Acres
Added:
Jun 7, 2024
Days on Market:
669
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 1420 Renaissance Dr

General Information

Standard status
Active
Size
54,570 SF
Lot size
3.03 Acres
Property subtype
Office

Building Details

Year Built
1970

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Listing Contact
Malek Abdulsamad

Listing agent Malek Abdulsamad License #IL 471018795

Listing office Greenstone Partners

Listing date Jun 7, 2024

Source Crexi

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 Greenstone Partners


Overview

Park Ridge Suburban Office Investment

The property at 1420 Renaissance Drive is a suburban office building located in Park Ridge, Illinois. The building has 55,595 rentable square feet across four floors and is situated on 3.03 acres of land. The office building is 49.14% leased and is home to 22 companies, including medical and healthcare users occupying 29% of the property. The property is located at the intersection of Park Ridge, Desplaines, and Niles, with direct exposure to I-294. It is also located 1 mile from the Dee Road Metra Station and 1.5 miles from the Desplaines city center and Metra station (Union Pacific Northwest Line). The surrounding area within 2 miles has an average household income of $97,109, an average home value of $268,452, and a total population of 72,000. The property is located within 2 miles of O’Hare International Airport and 12 miles of downtown Chicago. Lutheran General Hospital, the town’s largest employer, is located one mile east of the property.
Location Intelligence

Current Use by Public Records

Ruwanpura Gems (Bike/Boat/Book/etc) Store Managed Technologies IT Consulting Firm Dr. Leon Wleklinski Alternative Medicine Practice Rice Insurance Agency, ... Insurance Agency AXPulse Consulting (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Park Ridge
County
Cook
State
Illinois
Longitude
-87.8643128
Latitude
42.0324003

FAQs

What type of property is this?
Office building - Partially leased office building near I-294 and Metra.
Where is this office building located?
The property is located at 1420 Renaissance Dr Park Ridge, IL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Strategic location at the intersection of Park Ridge, Desplaines, and Niles, with direct exposure and a quick 2‑minute drive to I‑294.; Proximity to transportation: 1‑mile from Dee Road Metra Station and 1.5‑miles from Desplaines city center and Metra station (Union Pacific Northwest Line).; Located in Park Ridge, an affluent Northwest suburb of Chicago, experiencing continuous growth.
More about this property
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