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    Park Ridge, IL Triplexes for Sale

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    Des Plaines, IL Niles, IL Chicago, IL
    Park Ridge Multifamily Investment Opportunity
    $849,000

    Park Ridge Multifamily Investment Opportunity

    1121 N Northwest Highway, Park Ridge, IL 60068

    Well-maintained 3-unit property in Park Ridge with investment potential.

    • Strong investment potential: Well‑maintained 3‑flat offers flexible living arrangements and income opportunities.
    • Updated and move‑in ready: Features newer roof, brand new 200 amp electrical, newer water heater, updated kitchens, appliances, flooring, and fresh paint throughout units.
    • Owner's unit with desirable features: First‑floor unit boasts 3 large bedrooms, 2 full baths, updated eat‑in kitchen, and refinished hardwood floors.
    • Income‑generating lower level: Sunny, above‑grade 1 bed / 1 bath unit with heated floors, central air, and gas‑forced heat, ideal for in‑law suite or rental income.
    • Convenient location: Near top‑rated Park Ridge schools, parks, Dee Rd Metra Train, Lutheran General Hospital, expressways, and O'Hare Airport.
    Updated: Apr 10
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Park Ridge, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Dutch Colonial Two-Unit Building
    $549,900

    Dutch Colonial Two-Unit Building

    Two-unit building with in-law suite in Portage Park.

    5725 W Giddings Street, Chicago, IL 60630
    View details
    Vintage Chicago Triplex with Updates
    $689,900

    Vintage Chicago Triplex with Updates

    Well-maintained vintage triplex in Norwood Park with long-term tenants.

    6306 W Holbrook Street, Chicago, IL 60646
    View details
    Skokie Brick Multifamily Property
    $675,000

    Skokie Brick Multifamily Property

    Well-maintained Skokie multifamily property with updated features and basement unit.

    8940 Lamon Avenue, Skokie, IL 60077
    View details
    All Brick Three-Unit Building
    $889,900
    4,646 SF

    All Brick Three-Unit Building

    Legal 3-unit building near Ridgemoor Country Club.

    6520 W Gunnison St, Harwood Heights, IL 60706
    View details

    Park Ridge, IL Triplexes Investment Opportunities Market Analysis

    Explore 1 triplexes for sale in Park Ridge, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $849,000.

    Sale prices for three-family homes in Park Ridge, IL start at $849,000, averaging $849,000, and reaching up to $849,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 4
    Duplexes 2
    Small apartment buildings 1
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Park Ridge fall within the 100,000+ square foot range.

    Demographics Overview

    Population 39K
    Population Growth (5Y) +4.0%
    Median Household Income $138,201
    College Educated 91.8%

    High-Yield Neighborhoods for Strategic Investment

    Identify Park Ridge submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60068 $849K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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