127 Northwest Hwy Park Ridge, IL 60068
This exceptional retail property, located at 127-157 N Northwest Hwy in the heart of Downtown Park Ridge, Illinois, offers 15,794 square feet across 14 suites within a single, one-story building. Its prime location directly across from Trader Joe's on busy Northwest Highway ensures high visibility and significant foot traffic. The property benefits from its proximity to the Park Ridge Metra station, boasting 41,000 daily commuters, and its close proximity to Touhy Avenue, a major thoroughfare with 30,400 daily vehicles. Convenient access to I-294 and I-90, near O'Hare Airport, further enhances its accessibility. Ample street and public lot parking is readily available. Situated in a dense, high-income area, this property is surrounded by parks and numerous walkable amenities, creating a vibrant and desirable environment for both residents and businesses. The property is ideal for a variety of uses, including storefront retail, restaurants, offices, storage, and salons, offering multiple tenancy options to suit diverse business needs. This is a truly exceptional opportunity to establish a thriving business in a thriving community. The Cook County location provides access to a strong and diverse market.
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iBanc Mortgage Firm, LLC Loan Service Bank
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iBanc Mortgage Services, LLC Loan Service Bank
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Grcic Law Law Firm
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ZSpotInk, Inc. Paintings Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.