Park Ridge, IL Multifamily Properties for Sale

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

6 properties

Updated: Sep 24

Brick Multifamily Building

647 N Northwest Highway, Park Ridge, IL 60068

$799,000

Attached two‑car garage
Finished garden‑level apartment with kitchen hookups in the basement
Hardwood floors and updated kitchens
Separate washer‑dryer setups for tenants
Built in 1967; zoned MULTI

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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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Park Ridge Multifamily Investment Opportunity

20 S Dee Road, Park Ridge, IL 60068

Contact for pricing

9,668 sqft

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

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See hot listings in Park Ridge

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Duplex Property with Attached Garage

1140 N Northwest Highway, Park Ridge, IL 60068

$899,950

The first-floor residence is leased through August 2027, while the second-floor unit has a lease extending through 2028.

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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

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.

Triplex with Garage

1980 Howard Avenue, Des Plaines, IL 60018

$849,000

Three residential units feature renovated interiors, a private backyard, and a mix of outdoor and garage parking.

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Renovated Two-Unit Duplex

8121 N Ottawa Ave, Niles, IL 60714

$649,000

Separate gas and electric meters serve the two residences independently.

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Two-Unit Duplex with Large Basement

6556 W Ebinger, Niles, IL 60714

$250,000

Legal two-flat with separate heating and electric systems.

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Renovated Triplex with Private Yard

1980 Howard Avenue, Des Plaines, IL 60018

Contact for pricing

Multi-unit property with updated interiors, expanded bedroom space, parking, and basement storage.

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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

Estimated value:

$435,000

2,376 sqft 0.19 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1216 Nnw Hwy, Park Ridge, IL 60068-1620

Estimated value:

$390,000

2,045 sqft 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

455 Nnw Hwy, Park Ridge, IL 60068-3254

Estimated value:

$720,000

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

Estimated value:

$590,000

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

Estimated value:

$590,000

3,160 sqft 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1001 Dee Rd, Park Ridge, IL 60068-1888

Estimated value:

$410,000

2,277 sqft 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

851 Nnw Hwy, Park Ridge, IL 60068-2465

Estimated value:

$895,000

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

Estimated value:

$690,000

2,946 sqft 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

515 Talcott Rd, Park Ridge, IL 60068-5338

Estimated value:

$245,000

3,552 sqft 0.09 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

712 Higgins Rd, Park Ridge, IL 60068-5716

Estimated value:

$715,000

5,129 sqft 0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1075 Nnw Hwy, Park Ridge, IL 60068-1842

Estimated value:

$565,000

2,351 sqft 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1075 Nnw Hwy, Park Ridge, IL 60068-1842

Estimated value:

$565,000

2,351 sqft 0.08 AC lot

View details

APARTMENT HOUSE (UNDER 5 UNITS)

740 Nnw Hwy, Park Ridge, IL 60068-2542

Estimated value:

$685,000

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

Estimated value:

$745,000

2,575 sqft 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

863 Nnw Hwy, Park Ridge, IL 60068-2479

Estimated value:

$640,000

2,448 sqft 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2 Broadway Ave, Park Ridge, IL 60068-2966

Estimated value:

$745,000

4,850 sqft 0.24 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

103 Clifton Ave, Park Ridge, IL 60068-3212

Estimated value:

$585,000

2,128 sqft 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

907 Nnw Hwy, Park Ridge, IL 60068-2339

Estimated value:

$565,000

2,766 sqft 0.15 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 6 active listings on our real estate platform. These investment opportunities span a total of 10,673 square feet of properties for sale, with an estimated market value of $2,368,750.

Sale prices for multifamily properties in Park Ridge, IL start at $179,800, averaging $473,750, and reaching up to $899,950 — 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	$473.8K

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

647 N Northwest Highway, Park Ridge, IL 60068

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

20 S Dee Road, Park Ridge, IL 60068

1140 N Northwest Highway, 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

1980 Howard Avenue, Des Plaines, IL 60018

8121 N Ottawa Ave, Niles, IL 60714

6556 W Ebinger, Niles, IL 60714

1980 Howard 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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