Park Ridge, IL Multifamily Properties for Sale

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Niles, IL Des Plaines, IL Chicago, IL Rosemont, IL Morton Grove, IL Schiller Park, IL Glenview, IL Skokie, IL

6 properties

Updated: Sep 12, 2025

Move-In Ready Condo Near Train

1815 Oakton Street #2A, Park Ridge, IL 60068

$215,000

1,005 sqft

Conveniently located near Dee Road Train Station.
Includes 1 underground parking space.
Move‑in ready with fresh paint and new carpeting.
New stove, microwave, and dishwasher included.
Unit located at the back of the building, away from Oakton Street.

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This listing looks promising.

Here's a quick look at some key insights for

1815 Oakton Street #2A, Park Ridge, IL 60068,

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$12K
Annual
Price @ 7% Cap

$167K
Suggested
Property Type

Condominium
Built 1972

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Updated: Jun 27

Occupied Duplex with Hardwood Floors

1216 N Northwest Highway, Park Ridge, IL 60068

$490,000

0.17 AC lot

Both units are currently occupied with hardwood flooring throughout
First‑floor unit approx 750 sq ft: 2 bedrooms, 1 bath, kitchen, dining room, living room, plus sunroom
Second‑floor unit approx 600 sq ft: 2 bedrooms, 1 bath with eat‑in kitchen and living room
Full basement with coin laundry and ample storage
Boiler updated in 2021 and newer hot water heater (2025) for the lower unit

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Recently Renovated Eight-Unit Building

20 S Dee Road, Park Ridge, IL 60068

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9,668 sqft

Fully leased, recently renovated multifamily building with eight units, basement storage, and detached garages.

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Park Ridge Multifamily Investment Opportunity

20 S Dee Rd, Park Ridge, IL 60068

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9,668 sqft

Recently renovated, fully leased 8-unit building near Iroquois Woods.

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Park Ridge Top-Floor Condo

1333 W Touhy Avenue #303, Park Ridge, IL 60068

$179,800

Bright, 1-bed, 1-bath condo in prime Park Ridge location.

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Waterford Place Condo Near Uptown

460 S NORTHWEST Highway #409, Park Ridge, IL 60068

$275,000

Move-in ready condo in Park Ridge near transportation and restaurants.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 6 Active listings in Park Ridge, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Legal Three-Flat with 3-Car Garage

8430 W Oak Avenue, Niles, IL 60714

$875,000

Brick legal 3-flat with two 3-bedroom units, a 1-bedroom garden unit, and a 3-car garage.

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Mixed-Use Building with Apartments

1815-25 E Oakton Street, Des Plaines, IL 60018

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Brick commercial and residential property with an occupied first-floor HVAC business and two apartments above.

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Three-Unit Residential Income Building

8124 W Dempster Street, Niles, IL 60714

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Two fully configured 3-bedroom units plus a garden-level 1-bedroom unit, with attached garage and on-site coin laundry.

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Two-Unit Residential Income Property

1939 East Touhy Avenue, Des Plaines, IL 60018

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1.30 AC lot

Two-unit home on 1.3 acres with a coach house, full unfinished basement, and public water and sewer.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Off-Market Properties in Park Ridge, IL

Consider similar Off-Market properties in Park Ridge, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

641 Nnw Hwy, Park Ridge, IL 60068-2584

$435,000

Estimated value

2,376 sqft 0.19 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1216 Nnw Hwy, Park Ridge, IL 60068-1620

$390,000

Estimated value

2,045 sqft 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

455 Nnw Hwy, Park Ridge, IL 60068-3254

$720,000

Estimated value

4,258 sqft 0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

324 Nnw Hwy, Park Ridge, IL 60068-3321

Unit 1

$590,000

Estimated value

2,664 sqft 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

123 Greenwood Ave, Park Ridge, IL 60068-3902

Unit 1

$590,000

Estimated value

3,160 sqft 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1001 Dee Rd, Park Ridge, IL 60068-1888

$410,000

Estimated value

2,277 sqft 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

851 Nnw Hwy, Park Ridge, IL 60068-2465

$895,000

Estimated value

5,394 sqft 0.27 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1465 Nnw Hwy, Park Ridge, IL 60068-1447

Unit 1

$690,000

Estimated value

2,946 sqft 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

515 Talcott Rd, Park Ridge, IL 60068-5338

$245,000

Estimated value

3,552 sqft 0.09 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

712 Higgins Rd, Park Ridge, IL 60068-5716

$715,000

Estimated value

5,129 sqft 0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1075 Nnw Hwy, Park Ridge, IL 60068-1842

$565,000

Estimated value

2,351 sqft 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1075 Nnw Hwy, Park Ridge, IL 60068-1842

$565,000

Estimated value

2,351 sqft 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

740 Nnw Hwy, Park Ridge, IL 60068-2542

$685,000

Estimated value

3,442 sqft 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2204 Oakton St, Park Ridge, IL 60068-1881

Unit G

$745,000

Estimated value

2,575 sqft 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

863 Nnw Hwy, Park Ridge, IL 60068-2479

$640,000

Estimated value

2,448 sqft 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2 Broadway Ave, Park Ridge, IL 60068-2966

$745,000

Estimated value

4,850 sqft 0.24 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

103 Clifton Ave, Park Ridge, IL 60068-3212

$585,000

Estimated value

2,128 sqft 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

907 Nnw Hwy, Park Ridge, IL 60068-2339

$565,000

Estimated value

2,766 sqft 0.15 AC lot

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Park Ridge, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Park Ridge, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 20,341 square feet of properties for sale, with an estimated market value of $1,159,800.

Sale prices for multifamily properties in Park Ridge, IL start at $179,800, averaging $289,950, and reaching up to $490,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 39K

Population Growth (5Y) +4.0%

Median Household Income $138,201

College Educated 91.8%

High-Yield Neighborhoods for Investment

Identify Park Ridge submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60068	$431.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Park Ridge fall within the 100,000+ square foot range.

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Park Ridge, IL Multifamily Properties for Sale

1815 Oakton Street #2A, Park Ridge, IL 60068

1216 N Northwest Highway, Park Ridge, IL 60068

20 S Dee Road, Park Ridge, IL 60068

20 S Dee Rd, Park Ridge, IL 60068

1333 W Touhy Avenue #303, Park Ridge, IL 60068

460 S NORTHWEST Highway #409, Park Ridge, IL 60068

Opportunities in Nearby Cities

8430 W Oak Avenue, Niles, IL 60714

1815-25 E Oakton Street, Des Plaines, IL 60018

8124 W Dempster Street, Niles, IL 60714

1939 East Touhy Avenue, Des Plaines, IL 60018

Potential Development Sites for Consideration

27 Oyster Bay, Lakemoor, IL 60051

Off-Market Properties in Park Ridge, IL

641 Nnw Hwy, Park Ridge, IL 60068-2584

1216 Nnw Hwy, Park Ridge, IL 60068-1620

455 Nnw Hwy, Park Ridge, IL 60068-3254

324 Nnw Hwy, Park Ridge, IL 60068-3321

123 Greenwood Ave, Park Ridge, IL 60068-3902

1001 Dee Rd, Park Ridge, IL 60068-1888

851 Nnw Hwy, Park Ridge, IL 60068-2465

1465 Nnw Hwy, Park Ridge, IL 60068-1447

515 Talcott Rd, Park Ridge, IL 60068-5338

712 Higgins Rd, Park Ridge, IL 60068-5716

1075 Nnw Hwy, Park Ridge, IL 60068-1842

1075 Nnw Hwy, Park Ridge, IL 60068-1842

740 Nnw Hwy, Park Ridge, IL 60068-2542

2204 Oakton St, Park Ridge, IL 60068-1881

863 Nnw Hwy, Park Ridge, IL 60068-2479

2 Broadway Ave, Park Ridge, IL 60068-2966

103 Clifton Ave, Park Ridge, IL 60068-3212

907 Nnw Hwy, Park Ridge, IL 60068-2339

Park Ridge, IL Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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