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Active - Land for sale

Park Ridge, IL

Facts & features

Land Property type
12,632 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of Coldwell Banker Realty as distributed by MLS GRID.

Listed by: John Forsythe • Coldwell Banker Realty

Co-listed by: Lisa Perry • Coldwell Banker Realty

Source: MRED as distributed by MLS GRID, MLS#: 12701185 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 7:32 PM EST.

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Affordability

$750,000$1,555,000
1%20%
0%90%
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Estimated monthly payment

$7,541/mo

  • Mortgage$5,815
  • Property tax$1,726
  • HOA fee
  • Homeowners insurance
Due at closing$914,250
Down payment held in escrow$230,000
Closing costs$17,250
beycome credit Est.$23,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Park Ridge

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 07:32pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,150,000 Listed price

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