Financial
Distress signals
Property profile

2040 Oakton St Park Ridge, IL 60068

OFF-MARKET
Retail space
Property ID
US28-2145408
0.27 ac lot Built 1962
Last sale Jan 1997 · $370,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Park Ridge office space, located at 2040 Oakton St, offers a fantastic leasing opportunity. The single-story, 2,182 square foot building, constructed in 1962, is classified as Class B and features 9-foot ceilings. Currently, 1,000 square feet are available, divisible into units as small as 300 square feet, with a maximum contiguous space of 2,000 square feet. The property boasts excellent visibility and high traffic counts, exceeding 21,000 vehicles daily on Oakton Street.

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?
$31k
Tax billed · 2022
Assessed value$120k
Assessed land$41k
Assessed improvement$79k
Effective rate26.01%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon14.7
Nail Salon13.1
Restaurant11.7

Location

2040 Oakton St Park Ridge, IL 60068
County assessor Recorded deeds · not on file 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 · 10 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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