Rare opportunity in sought-after Park Ridge, this solid 2-unit property is ideal for investors or owner-occupants looking for rental income with future flexibility to convert back to a single-family home. Both units are currently occupied and feature hardwood flooring throughout. The first-floor unit offers approximately 750 sq ft with 5 rooms plus a sunroom, including 2 bedrooms, 1 bath, kitchen, dining room and living room. The second-floor unit provides approximately 600 sq ft with 2 bedrooms, 1 bath, an eat-in kitchen, and living room. Each unit includes one garage space and driveway parking. The property also features a full basement with coin laundry and ample storage, a fenced backyard, boiler updated in 2021 and a newer hot water heater (2025) serving the lower unit. A strong income-producing property in a prime location with long-term upside. Close to everything - schools, parks and shopping!
Active
$490,000
1216 N Northwest Hwy, Park Ridge, IL 60068
4beds
--sqft
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fenced backyardHardwood flooring throughout
- 11 days |
- 674 |
- 23 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Paul Froiland 630-699-9655,
Keller Williams ONEChicago,
Michelle Russell 312-953-4533,
Keller Williams ONEChicago
Source: MRED as distributed by MLS GRID,MLS#: 12690382
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Detached, Garage
- Garage spaces: 2
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 09223120160000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Park Ridge
Financial & listing details
- Tax assessed value: $400,000
- Annual tax amount: $10,856
- Date on market: 6/28/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2026 | Listed for sale | $490,000-2% |
Source:  MRED as distributed by MLS GRID #12690382 Report a problem | ||
| 6/28/2026 | Listing removed | $500,000 |
Source: MRED as distributed by MLS GRID #12665047 Report a problem | ||
| 6/24/2026 | Contingent | $500,000 |
Source: MRED as distributed by MLS GRID #12665047 Report a problem | ||
| 6/16/2026 | Listed for sale | $500,000 |
Source: MRED as distributed by MLS GRID #12665047 Report a problem | ||
| 6/10/2026 | Contingent | $500,000 |
Source: MRED as distributed by MLS GRID #12665047 Report a problem | ||
| 6/2/2026 | Listed for sale | $500,000-8.3% |
Source: MRED as distributed by MLS GRID #12665047 Report a problem | ||
| 6/2/2026 | Listing removed | $545,000 |
Source: MRED as distributed by MLS GRID #12619970 Report a problem | ||
| 4/15/2026 | Listed for sale | $545,000 |
Source: MRED as distributed by MLS GRID #12619970 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $40,000 +0% |
| 2023 | $10,856 +4.4% | $39,999 |
| 2022 | $10,402 -3% | $39,999 +13.4% |
| 2021 | $10,727 +4.1% | $35,268 |
| 2020 | $10,301 -2.5% | $35,268 -13% |
| 2019 | $10,566 +5.2% | $40,539 +15.5% |
| 2018 | $10,048 +0.4% | $35,112 |
| 2017 | $10,005 +3.9% | $35,112 |
| 2016 | $9,634 +13.1% | $35,112 +27.2% |
| 2015 | $8,515 +2% | $27,608 |
| 2014 | $8,347 +5.6% | $27,608 |
| 2013 | $7,907 -8.3% | $27,608 -21.7% |
| 2012 | $8,627 +5.1% | $35,273 |
| 2011 | $8,204 +1.3% | $35,273 |
| 2010 | $8,099 -6.1% | $35,273 -12.4% |
| 2009 | $8,623 -4.1% | $40,280 -16.2% |
| 2008 | $8,990 +0.1% | $48,067 |
| 2007 | $8,978 +24% | $48,067 +30.2% |
| 2006 | $7,238 +6% | $36,913 |
| 2005 | $6,829 +5.4% | $36,913 |
| 2004 | $6,480 +22.9% | $36,913 +30.8% |
| 2003 | $5,273 +2.2% | $28,230 |
| 2002 | $5,160 +3.8% | $28,230 |
| 2001 | $4,971 +1.6% | $28,230 +12.3% |
| 2000 | $4,892 +11.4% | $25,128 |
| 1999 | $4,391 | $25,128 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Climate risks
Neighborhood: 60068
Nearby schools
GreatSchools rating
- 10/10Franklin Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Emerson Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Maine East High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: 64
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Cook County
- Park Ridge
- 60068
- 1216 N Northwest Hwy
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