Property profile

1550 Northwest Hwy Park Ridge, IL 60068

OFF-MARKET
Office Spaces
117,058 SF
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Property summary

AI-generated overview

This exceptional Park Ridge office park, located at 1550 N Northwest Hwy, 60068, offers a diverse range of office spaces, ideal for businesses of all sizes. The property boasts a total of 117,058 square feet across multiple buildings, classified as Class B. Available spaces range from 49 square feet to 6,633 square feet, catering to a variety of needs, from small executive offices to large traditional or medical office setups, even creative office spaces. The property is conveniently situated near the I-294 (Tri-State Tollway), Route 14 (Dempster Street), Northwest Highway, and Rand Road interchange, providing easy access to major transportation arteries. Public transportation is also readily available via Pace Bus Route 209, connecting to Des Plaines Metra Station and the Harlem CTA Station. Its proximity to Advocate Lutheran General Hospital (1.3 miles west) further enhances its appeal. Amenities include ample on-site parking (surface and interior garage), convenient loading docks, on-site management, and a restaurant. Additional features such as conference rooms, on-site storage, private outdoor balconies, HVAC, and janitorial services are included. This well-maintained property offers an easily identifiable and convenient location for businesses seeking affordable rental rates within close proximity to the O'Hare market. The property has received an A+ rating from Niche.com. Multiple tenancies are available. Cook County location.

Property profile

Verified
Property type Office Spaces
Total area 117,058 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Construction Company General Contractor
  • Business Management Consultant
  • Business Management Consultant
  • Accounting Firm

Location

1550 Northwest Hwy Park Ridge, IL 60068
Park Ridge metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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