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    1400 Renaissance Dr Park Ridge, IL 60068
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    Property profile & analytics

    1400 Renaissance Dr Park Ridge, IL 60068


    • Office buildings
    • 3.37 lot acres
    Office Land in Park Ridge For Sale
    $3,795,000

    Office Land in Park Ridge

    Office property with excellent access to I-294 and O'Hare.

    1400 Renaissance Drive, Park Ridge, IL 60068
    View Listing
    Property ID
    US28-1468104
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Finney Company / Marketing & Advertising
    • Chicago Section American Chemical Society / Charitable Organization / Social Service Agency
    • Maine Township Center For Addctn / Social Service Agency / Medical Clinic
    • John Pierce Consulting Actuary / Business Management Consultant
    • VG Supply Company, Inc. / Big Box & Wholesale Store

    Property Details for 1400 Renaissance Dr

    Year built
    1976
    Lot size
    3.37 lot acres
    Property type
    Office buildings
    APN
    09-22-110-007
    APU
    922110007

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,050,000
      ML approach
      $4,035,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8634
    Latitude
    42.0327
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $207,776
    $514,454
    $284,492
    $798,946
    -
    $2,057,816
    $1,137,968
    $3,195,784
    View Listing
    More about this property
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