1024-34 Busse HWY Active

Park Ridge,IL 60068

$ 1099000

- Bed

0 Bath

10995 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 10,995 sqft

Price per Sqft $99

MLS Listing ID 12030113

Year Built 1972

Annual Tax Amount $60,709

Tax Year 2022

Lot Dimensions 14614

Property Description

Envision an unparalleled commercial real estate opportunity in one of the most coveted area of City of Park Ridge that stands as a beacon for investors and businesses alike. Located strategically, this striking property encapsulates the essence of convenience and opportunity. Just minutes away from major commuting arteries such as I-294, I-94, and the heartbeat of O'Hare Airport, along with the convenience of being steps away from the Dee Metra station, this destination promises unparalleled access, ensuring your business remains connected in every vital way. This remarkable investment unfolds across an expansive 10,995 square feet, encompassing six front stores that boast both office and warehouse spaces, offering versatility and efficiency. Each unit, ranging from 1,380 to 1,760 square feet, features its own overhead garage door, enhancing operational fluidity and autonomy. The property has been under the dedicated ownership and occupation of the current owner for 30 years (2 of the stores are being used by the curent owner). A complete roof tear-off undertaken in 2022 stands as a testament to the dedication invested in preserving the essence and integrity of this commercial gem. Furthermore, the premises are safeguarded by a vault, valued at $110k, ensuring unparalleled security and peace of mind. Tenants cherish the autonomy of managing their utilities, reflecting in simpler management dynamics and a harmonious leasing environment. The property's allure is magnified by its comprehensive leasing stature, boasting long-term tenants and showcasing a fully-leased and stabilized investment that is as rare as it is attractive. Parking, often a premium in commercial real estate, is abundant here, with 24 spaces meticulously divided between the front and the back, accommodating the comings and goings of clientele and staff with ease. Flexibility in commercial real estate is a coveted trait, and this property does not shy away from showcasing its adaptive prowess, supported by many upgrades that speak to a forward-thinking investment. Positioned as a jewel in the crown of commercial real estate, this extraordinary property is not only a beacon of opportunity but a bastion of future prosperity, promising long-term tenancies and a bucolic setting for businesses to flourish. The clarion call has been sounded for discerning investors and business connoisseurs to engage with this exclusive opportunity. With its unparalleled location, sterling attributes, and immaculate upkeep, this commercial sanctuary beckons. Make your mark, flex on this building before it vanishes into the portfolio of the fortunate visionary who seizes the moment. Each tenant pays for their own utilities: water, electric, gas and tenant's insurance. Rents can be higher for the area and amenities!

Location

State IL

County Cook

Area Park Ridge

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Reflective Coating

Building

Dwelling Type Retail/Stores

Level or Stories 1

Structure Type Brick

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