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    Park Ridge Suburban Office Investment Title is generated by Realmo AI

    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
    Price / SF:
    $38/SF
    Added:
    Jun 7, 2024
    Days on Market:
    714
    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

    HighLights

    • 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.
    • Close proximity to O'Hare International Airport (2 miles) and downtown Chicago (12 miles).
    • Presence of medical and healthcare tenants, occupying 29% of the property.
    • Located one mile from Lutheran General Hospital, the town's largest employer.

    Overview

    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.
    Property Profile Insight Report 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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