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    Park Ridge, IL Multifamily Properties for Sale

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    Des Plaines, IL Niles, IL Chicago, IL
    Park Ridge Income Property
    $545,000
    750 SF

    Park Ridge Income Property

    1216 N Northwest Highway, Park Ridge, IL 60068

    Two-unit property in Park Ridge ideal for investors.

    • Income‑producing 2‑unit property in desirable Park Ridge location.
    • Flexibility to convert back to a single‑family home.
    • Each unit includes garage space and driveway parking.
    • Hardwood flooring throughout both units.
    • Updated boiler (2021) and newer hot water heater (2025).
    Updated: Apr 15
    View details
    Updated Two-Flat in Park Ridge
    $999,500
    3,600 SF

    Updated Two-Flat in Park Ridge

    1108 Fortuna Avenue, Park Ridge, IL 60068

    Spacious, updated two-flat near top-rated schools in Park Ridge.

    • 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.
    Updated: Apr 30
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    Park Ridge Multifamily Investment Opportunity
    $849,000

    Park Ridge Multifamily Investment Opportunity

    Well-maintained 3-unit property in Park Ridge with investment potential.

    1121 N Northwest Highway, Park Ridge, IL 60068
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    Move-In Ready Condo Near Train
    $215,000
    1,005 SF

    Move-In Ready Condo Near Train

    Two-bedroom condo with new appliances, close to Dee Road Train.

    1815 Oakton Street #2A, Park Ridge, IL 60068
    View details
    Park Ridge Multifamily Investment Opportunity
    Contact for pricing
    9,668 SF

    Park Ridge Multifamily Investment Opportunity

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

    20 S Dee Rd, Park Ridge, IL 60068
    View details
    Based on your search, we've compiled 280 Potential Opportunities for your consideration. Besides 5 Active listings in Park Ridge, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 267 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.

    Des Plaines Multifamily Investment Opportunity
    $1,200,000
    0.41 Acres

    Des Plaines Multifamily Investment Opportunity

    Well-maintained, fully occupied 6-unit building with strong cash flow.

    8713 W Ballard Road, Des Plaines, IL 60016
    View details
    Niles Multifamily Property For Sale
    $875,000

    Niles Multifamily Property For Sale

    Six-unit apartment building with long-term tenants in Niles, Illinois.

    8509 N Milwaukee Avenue, Niles, IL 60714
    View details
    Six-Unit Building in Des Plaines
    $899,900
    0.18 Acres

    Six-Unit Building in Des Plaines

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

    8807 Dee Road, Des Plaines, IL 60016
    View details
    Niles 6-Flat Investment Opportunity
    $1,200,000

    Niles 6-Flat Investment Opportunity

    Well-maintained 6-flat in Niles, a strong suburban rental market.

    6920 N. Rosemary Lane, Niles, IL 60714
    View details

    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.

    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres

    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877
    View details
    Recreational Land in Gated Community
    $44,000
    0.75 Acres

    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622
    View details

    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

    641 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,376 SF
    Value Estimation by Request
    641 Nnw Hwy, Park Ridge, IL 60068-2584
    View details
    1216 Nnw Hwy

    1216 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,045 SF
    Value Estimation by Request
    1216 Nnw Hwy, Park Ridge, IL 60068-1620
    View details
    455 Nnw Hwy

    455 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,258 SF
    Value Estimation
    $720,000
    455 Nnw Hwy, Park Ridge, IL 60068-3254
    View details
    324 Nnw Hwy, Unit 1

    324 Nnw Hwy, Unit 1

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,664 SF
    Value Estimation
    $590,000
    324 Nnw Hwy, Park Ridge, IL 60068-3321
    View details
    123 Greenwood Ave, Unit 1

    123 Greenwood Ave, Unit 1

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,160 SF
    Value Estimation
    $590,000
    123 Greenwood Ave, Park Ridge, IL 60068-3902
    View details
    1001 Dee Rd

    1001 Dee Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,277 SF
    Value Estimation by Request
    1001 Dee Rd, Park Ridge, IL 60068-1888
    View details
    851 Nnw Hwy

    851 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,394 SF
    Value Estimation
    $925,000
    851 Nnw Hwy, Park Ridge, IL 60068-2465
    View details
    1465 Nnw Hwy, Unit 1

    1465 Nnw Hwy, Unit 1

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,946 SF
    Value Estimation
    $620,000
    1465 Nnw Hwy, Park Ridge, IL 60068-1447
    View details
    515 Talcott Rd

    515 Talcott Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,552 SF
    Value Estimation by Request
    515 Talcott Rd, Park Ridge, IL 60068-5338
    View details
    712 Higgins Rd

    712 Higgins Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,129 SF
    Value Estimation
    $715,000
    712 Higgins Rd, Park Ridge, IL 60068-5716
    View details
    1075 Nnw Hwy

    1075 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,351 SF
    Value Estimation
    $505,000
    1075 Nnw Hwy, Park Ridge, IL 60068-1842
    View details
    1075 Nnw Hwy

    1075 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,351 SF
    Value Estimation
    $505,000
    1075 Nnw Hwy, Park Ridge, IL 60068-1842
    View details
    740 Nnw Hwy

    740 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,442 SF
    Value Estimation
    $675,000
    740 Nnw Hwy, Park Ridge, IL 60068-2542
    View details
    2204 Oakton St, Unit G

    2204 Oakton St, Unit G

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,575 SF
    Value Estimation
    $685,000
    2204 Oakton St, Park Ridge, IL 60068-1881
    View details
    863 Nnw Hwy

    863 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,448 SF
    Value Estimation
    $580,000
    863 Nnw Hwy, Park Ridge, IL 60068-2479
    View details
    2 Broadway Ave

    2 Broadway Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,850 SF
    Value Estimation
    $745,000
    2 Broadway Ave, Park Ridge, IL 60068-2966
    View details
    103 Clifton Ave

    103 Clifton Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,128 SF
    Value Estimation
    $525,000
    103 Clifton Ave, Park Ridge, IL 60068-3212
    View details
    907 Nnw Hwy

    907 Nnw Hwy

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,766 SF
    Value Estimation
    $560,000
    907 Nnw Hwy, Park Ridge, IL 60068-2339
    View details
    1825 Parkside Dr

    1825 Parkside Dr

    GARDEN APT, COURT APT (5+ UNITS) • 1.26 Acres
    Value Estimation by Request
    1825 Parkside Dr, Park Ridge, IL 60068-1035
    View details

    Park Ridge, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 272 multifamily properties for sale in Park Ridge, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,355 square feet of properties for sale, with an estimated market value of $1,759,500.

    Sale prices for multifamily properties in Park Ridge, IL start at $215,000, averaging $586,500, 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.

    List
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    Top Commercial Asset Segments

    Apartment buildings 3
    Duplexes 2
    Small apartment buildings 1
    Triplexes 1

    Property Size Breakdown

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

    Demographics Overview

    Population 39K
    Population Growth (5Y) +4.0%
    Median Household Income $138,201
    College Educated 91.8%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60068 $661.7K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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