Financial
Distress signals
Property profile

1300 Higgins Rd Park Ridge, IL 60068

FOR LEASE
Retail space
Property ID
US28-0179977
3.08 ac lot Built 1984
Last sale Mar 2010 · $7,405,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The O'Hare Corporate Centre at 1300 W Higgins Road in Park Ridge is a Class-A office and medical building located near the Cumberland (Blue Line) and I-90 interchange, approximately two blocks west of the interchange. Public transit access is provided by bus routes #209 and #241, and the property is near a Marriott Chicago O'Hare across the street and a Mariano's grocery store immediately to the east. The building features a three-story atrium, an underground heated garage, an oversized…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$548k
Tax billed · 2022
Assessed value$2.08M
Assessed land$579k
Assessed improvement$1.50M
Effective rate26.40%

Value estimate

· Sep 2026
$445k
$401k – $490k
AI approach$445k
NOI build-up
Gross scheduled income$236k
Vacancy & credit loss−$59k
Operating expenses−$44k
NOI · 719,978.38% cap applied$133k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
719,978.38%
$133k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store11.0
Auto Parts Store10.5
Pawn Shop10.4

Location

1300 Higgins Rd Park Ridge, IL 60068
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1060 Busse, Park Ridge, IL 60068-1892 $300,000 Dec 2025 2,900 SF
422 Nnw, Park Ridge, IL 60068-3261 $2,475,000 Jul 2025 No data
225 Touhy Ave, Park Ridge, IL 60068-4202 $19,640,000 Apr 2025 No data
10 Higgins, Park Ridge, IL 60068-5702 $1,500,000 Jan 2025 No data
800 Busse, Park Ridge, IL 60068-2378 $637,500 Dec 2024 No data
1 Nnw, Park Ridge, IL 60068-3327 $450,000 Dec 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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