630-642 Busse Highway Park Ridge IL 60068 MLS #MRD12264371

MLS #MRD12264371 image #0
Fully occupied seven unit armchair investment property in desirable location with high traffic counts and flexible zoning. 12,000 square feet, all masonry building with 35 off-street parking spaces. Established, long term tenants. Contact broker for income/expense information and survey. Potential for commercial condo conversion. 1031 buyers welcome. Property taxes expected to be reduced to roughly 50% of current amount.

Property Details

Price:
$1,675,000
MLS #:
MRD12264371
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
Park Ridge
Listed Date:
Jan 3, 2025
Finished Sq Ft:
12,000
Total Sq Ft:
12,000
Year Built:
1955
Park RidgePark Ridge

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick, Block

Financial

Net Operating Income
$40,000
Tax Year
2022
Taxes
$107,679

Listing Agent & Office

Donald Sebastian
Sebastian Co. Real Estate

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630-642 Busse Highway
Park Ridge, IL