Multifamily

Park Ridge, IL Multifamily Properties for Sale

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Des Plaines, IL Chicago, IL Niles, IL
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Move-In Ready Condo Near Train
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.

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

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Updated Two-Flat in Park Ridge
Updated: Apr 30
Updated Two-Flat in Park Ridge

1108 Fortuna Avenue, Park Ridge, IL 60068

$999,500
3,600 sqft
Turnkey, updated two‑flat in highly sought‑after Park Ridge, offering an armchair investment opportunity.
Two oversized units (approx. 1,800 sq ft each) with 3 bedrooms and 1.5 baths, providing exceptional space and versatility.
Modern renovations including newer kitchens and baths, resurfaced hardwood floors, recessed lighting, fresh paint, and custom closet organizers.
Brand‑new rooftop deck above the 2‑car garage, featuring composite flooring and iron railings for outdoor relaxation and entertaining.
Individual newer HVAC systems and in‑unit laundry in each residence for comfort and convenience.
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Two-Unit Duplex Income Property
Two-Unit Duplex Income Property

1216 N Northwest Highway, Park Ridge, IL 60068

$490,000
0.17 AC lot

Solid two-unit duplex with occupied units, hardwood floors, individual garage spaces, and a basement with coin laundry.

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Park Ridge Top-Floor Condo
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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Recently Renovated Eight-Unit Building
Recently Renovated Eight-Unit Building

20 S Dee Road, Park Ridge, IL 60068

Contact for pricing
9,668 sqft

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

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Waterford Place Condo Near Uptown
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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Park Ridge Multifamily Investment Opportunity
Park Ridge Multifamily Investment Opportunity

20 S Dee Rd, Park Ridge, IL 60068

Contact for pricing
9,668 sqft

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

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Park Ridge, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 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 3-Flat Residential Income Property
Legal 3-Flat Residential Income Property

8430 W Oak Avenue, Niles, IL 60714

$859,000

Legal 3-flat with two large 3-bedroom units and a separate garden unit, plus a 3-car garage.

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Six-Unit Apartment Building
Six-Unit Apartment Building

8509 N Milwaukee Avenue, Niles, IL 60714

$875,000

Six one-bedroom flats with updates including a new roof, newer windows, tuckpointing, and copper plumbing.

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Six-Unit Building in Des Plaines
Six-Unit Building in Des Plaines

8807 Dee Road, Des Plaines, IL 60016

$899,900
0.18 AC lot

Six-unit residential building in a desirable Des Plaines location.

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Spacious 2BR Condo with Patio
Spacious 2BR Condo with Patio

920 Beau Drive #110, Des Plaines, IL 60016

$192,500
1,000 sqft

First-floor unit with patio, new carpets, and in-unit laundry.

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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
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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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Recreational Land Bordering National Forest
Recreational Land Bordering National Forest

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900
0.96 AC lot

RV recreational lot bordering Manistee National Forest.

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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.

641 Nnw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

641 Nnw Hwy, Park Ridge, IL 60068-2584

Value Estimation by Request
2,376 sqft · 0.19 AC lot
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1216 Nnw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

1216 Nnw Hwy, Park Ridge, IL 60068-1620

Value Estimation by Request
2,045 sqft · 0.15 AC lot
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455 Nnw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

455 Nnw Hwy, Park Ridge, IL 60068-3254

$720,000
Estimated value
4,258 sqft · 0.18 AC lot
View details
324 Nnw Hwy, Unit 1
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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123 Greenwood Ave, Unit 1
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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1001 Dee Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1001 Dee Rd, Park Ridge, IL 60068-1888

Value Estimation by Request
2,277 sqft · 0.16 AC lot
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851 Nnw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

851 Nnw Hwy, Park Ridge, IL 60068-2465

$925,000
Estimated value
5,394 sqft · 0.27 AC lot
View details
1465 Nnw Hwy, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1465 Nnw Hwy, Park Ridge, IL 60068-1447

Unit 1
$620,000
Estimated value
2,946 sqft · 0.07 AC lot
View details
515 Talcott Rd
APARTMENT HOUSE (UNDER 5 UNITS)

515 Talcott Rd, Park Ridge, IL 60068-5338

Value Estimation by Request
3,552 sqft · 0.09 AC lot
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712 Higgins Rd
APARTMENT HOUSE (UNDER 5 UNITS)

712 Higgins Rd, Park Ridge, IL 60068-5716

$715,000
Estimated value
5,129 sqft · 0.18 AC lot
View details
1075 Nnw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

1075 Nnw Hwy, Park Ridge, IL 60068-1842

$505,000
Estimated value
2,351 sqft · 0.08 AC lot
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1075 Nnw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

1075 Nnw Hwy, Park Ridge, IL 60068-1842

$505,000
Estimated value
2,351 sqft · 0.08 AC lot
View details
740 Nnw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

740 Nnw Hwy, Park Ridge, IL 60068-2542

$675,000
Estimated value
3,442 sqft · 0.15 AC lot
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2204 Oakton St, Unit G
APARTMENT HOUSE (UNDER 5 UNITS)

2204 Oakton St, Park Ridge, IL 60068-1881

Unit G
$685,000
Estimated value
2,575 sqft · 0.11 AC lot
View details
863 Nnw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

863 Nnw Hwy, Park Ridge, IL 60068-2479

$580,000
Estimated value
2,448 sqft · 0.08 AC lot
View details
2 Broadway Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2 Broadway Ave, Park Ridge, IL 60068-2966

$745,000
Estimated value
4,850 sqft · 0.24 AC lot
View details
103 Clifton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

103 Clifton Ave, Park Ridge, IL 60068-3212

$525,000
Estimated value
2,128 sqft · 0.07 AC lot
View details

Park Ridge, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Park Ridge, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 4,605 square feet of properties for sale, with an estimated market value of $1,214,500.

Sale prices for multifamily properties in Park Ridge, IL start at $215,000, averaging $607,250, and reaching up to $999,500 — 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

Apartment buildings 5
Duplexes 2
Small apartment buildings 1

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 $493.2K

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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