1410 W Higgins Rd, Park Ridge, IL 60068
For Sale
1 / 11
This exceptional 27,300 sq ft commercial land parcel presents a unique development opportunity in the highly sought-after O'Hare/Rosemont/Park Ridge market. Located at the I-90/Cumberland Avenue Tollway interchange, this B-2 zoned property boasts immediate access to major transportation arteries, including I-90 and I-294, and is minutes from O'Hare International Airport. A short 5-minute walk to the CTA Cumberland Avenue Blue Line L and Bus Station provides convenient access to downtown Chicago and O'Hare. The site's strategic location is further enhanced by its proximity to the Rosemont Convention Center, Entertainment District, Fashion Outlet Mall, and numerous Class A office buildings, hotels, restaurants, and multi-family properties. Currently featuring two 1960s-era office buildings totaling approximately 22,000 square feet, this site is ideal for a wide range of developments, including retail, office, medical services, senior housing, or multi-family projects. The property is adjacent to a recently approved Tru by Hilton Hotel development and across the street from the Chicago O'Hare Marriott Hotel and Convention Center, solidifying its position in a thriving commercial hub. This $1,150,000 offering represents a compelling investment in a dynamic and rapidly growing area. The address is 1410 W Higgins Rd, Park Ridge, IL 60068.
-
GRU Financial Corporation Loan Service Bank
-
Gregory Law Offices, Ltd. Law Firm
-
Law Offices of Alexander S. Michalakos, P.C. Law Firm
-
INSTANT STREAM LLC Financial Advisor
-
Instant Stream - Construction Company Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.