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Property profile & analytics
OFF-MARKET
Warehouses

127 Northwest Hwy Park Ridge, IL 60068

15,794 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Total area 15,794 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • iBanc Mortgage Firm, LLC Loan Service Bank
  • iBanc Mortgage Services, LLC Loan Service Bank
  • Grcic Law Law Firm
  • ZSpotInk, Inc. Paintings Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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