PRIME COMMERCIAL CORNER LOT, 125x100(0.29 acres), ON MAJOR THOROUGHFARE - 29,000 vehicles per day! Introducing an outstanding investment opportunity in the heart of the upscale & thriving town of Park Ridge. 125 feet of frontage on Touhy Ave, a major thoroughfare bisecting the center of town with unmatched exposure and high visibility with dual-street ingress/egress. Boasting a high-traffic location near the vibrant core of the central business district perfectly capturing the massive flow of 29,000 VPD and B-1 zoning for flexible use for medical/professional offices, bank/retail storefronts, quick serve restaurants, etc. This property presents an ideal prospect for retail or street retail investors. With three established curb cuts for seamless traffic flow, premier corner location, dual-street ingress/egress and an adjacent alley, the potential for redevelopment or utilization as an existing & long established auto care facility is evident, making it a lucrative proposition for those looking to capitalize on the dynamic Chicago market. The property will be vacant at closing. No lease or tenant to deal with. Documented environmental peace of mind! Current automotive repair business may be available for purchase but would be separate and not included with property. The existing structure is a 1,350 SF building, built in 1963.
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Listed by:
John Forsythe773-631-8300,
Coldwell Banker Realty,
Lisa Perry773-818-1888,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12701185
Facts & features
Interior
Features
Basement: None
Property
Features
Frontage type: Paved
Frontage length: 125
Lot
Size: 0.29 Acres
Dimensions: 125x100
Details
Parcel number: 09263210250000
Zoning: COMMR
Special conditions: List Broker Must Accompany
Utilities & green energy
Water: Municipal Water
Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Location
Region: Park Ridge
Financial & listing details
Annual tax amount: $20,709
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.