1420 Renaissance Dr, Park Ridge, IL 60068
For Lease
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This exceptional Class B office building, located at 1420 Renaissance Drive in Park Ridge, Illinois (zip code 60068), offers 54,687 square feet of versatile executive office space. The building boasts a multiple tenancy structure with nine currently available suites ranging in size from 247 to 2,425 square feet. Situated in Cook County, this property provides convenient access to public transportation and features ample indoor heated parking. The building is fully handicap accessible and includes operable windows, creating a comfortable and functional work environment. The property enjoys a desirable campus-like setting, enhanced by ongoing common area finish upgrades, presenting a value-driven opportunity for businesses seeking high-quality office space in a prime location. The address is easily accessible and well-suited for a variety of professional uses. This is a rare opportunity to secure office space in a well-maintained building with attractive amenities in the thriving Park Ridge market. The building's location and features combine to create a highly desirable and productive work environment. Contact us today to learn more about the available suites and schedule a viewing.
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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.