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    Property profile & analytics

    950 Nnw Hwy Park Ridge, IL 60068-2301

    • Retail space
    • 18,220 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $620,000
    Last Sale
    Feb 06, 2020
    Location Intelligence
    Property ID
    US28-1906517
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 950 Nnw Hwy

    Year built
    1966
    Lot size
    0.78 lot acres
    Property size
    18,220 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    09-27-207-046
    APU
    927207046

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.851
    Latitude
    42.0244
    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
    $101,811
    $118,293
    $273,191
    $391,484
    -
    $473,172
    $1,092,764
    $1,565,936

    Comparable in this City

    • Value Estimation by Request
      0.33 Acres

      1411 Peterson Ave

      STORE, RETAIL OUTLET • 0.33 Acres
      1411 Peterson Ave, Park Ridge, IL 60068-5071
      View Details
    • Value Estimation
      $450,000
      0.19 Acres

      10 Cumberland Ave

      STORE, RETAIL OUTLET • 0.19 Acres
      10 Cumberland Ave, Park Ridge, IL 60068-3215
      View Details
    • Value Estimation
      $2,470,000
      0.98 Acres

      1550 Nnw Hwy

      STORE, RETAIL OUTLET • 0.98 Acres
      1550 Nnw Hwy, Park Ridge, IL 60068-1411
      View Details
    • Value Estimation by Request
      0.08 Acres

      601 Devon Ave

      STORE, RETAIL OUTLET • 0.08 Acres
      601 Devon Ave, Park Ridge, IL 60068-4732
      View Details
    • Value Estimation by Request
      0.25 Acres

      710 Higgins Rd

      STORE, RETAIL OUTLET • 0.25 Acres
      710 Higgins Rd, Park Ridge, IL 60068-5737
      View Details
    • Value Estimation by Request
      9.15 Acres

      250 Snw Hwy

      STORE, RETAIL OUTLET • 9.15 Acres
      250 Snw Hwy, Park Ridge, IL 60068-4237
      View Details

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    Similar Nearby for Lease

    • $23 SF/Yr
      825 SF

      Retail Space in Park Ridge

      Adaptable retail space with high visibility and ample parking.
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      View Details
    • $23 SF/Yr
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      Retail Space on Devon Avenue

      Retail spaces available with parking and high traffic.
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      Retail Space on Main Street

      Street retail space with conference room, privacy rooms, and restrooms.
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      Retail Space in Park Ridge

      Retail space anchored by Trader Joe's in Park Ridge.
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      8,200 SF

      Iconic Pickwick Theater Rear Building

      Rear building of Pickwick Theater available for lease.
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    950 Nnw Hwy
    Park Ridge, IL 60068-2301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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