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Property summary
This exceptional retail property, located at 1400 Renaissance Drive in Park Ridge, Illinois, presents a compelling investment opportunity. The 60,780-square-foot building sits on a 3.49-acre lot and boasts a prominent location with excellent visibility. Constructed in 1970, this four-story masonry building offers 92 parking spaces, including 17 convenient indoor spaces with direct building access. The property features two elevators and fire hose stations on each floor. Heating and cooling… are provided by two rooftop units, supplemented by individual room units. Unique to the area, many suites include sliding glass doors leading to outdoor balconies. The building enjoys convenient access to major transportation arteries, including Interstate 294, and is a short drive from O'Hare International Airport and a Metra commuter rail station providing easy access to downtown Chicago and surrounding suburbs. Nearby amenities include Advocate Lutheran General Hospital, Benjamin Franklin Elementary School, Maine East High School, and the Golf Mill Shopping Center. The property's APN is 09-22-110-007-0000. The asking price is $3,000,000, translating to $49.36 per square foot. This presents a rare opportunity to acquire a well-located, substantial retail property in a thriving area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 12 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 3.37 ac
- Year built
- 1976
- APN
- 09-22-110-007
- Assessed value · 2022
- $798,946
- Annual tax · 2022
- $207,776
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2022
- $207,776
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Park Ridge market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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