OFF MARKET

Off Market Feb 2025 for $1.2M

—

•

— ba

•

8,330

sq ft

116 S Prospect Ave, Park Ridge, IL 60068

About this home

Unique Value add property available for sale. The building is composed of ground floor space, a lower level, as well as a second floor with a dedicated elevator. The sale comes with the plans to convert the second floor into a massive luxury apartment overlooking uptown. The first floor and lower level are ready to be leased. Recently signed a new lease to a national retailer for a portion of the ground floor, immediately adding value to the property. Buildout construction to begin on newly leased space. Please contact for any information on rental income and spaces available.

1938Year Built

7,000 sq ftLot Size

$144Price/Sq.Ft.

Listed by Alexis Ramirez • Troy Realty Ltd

Listed by Stephen Cioromski • Troy Realty Ltd

Bought with Non Member • NON MEMBER

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #12032146

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 60068, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.6%

0.1% MoM

Median sale price

$680K

$8K MoM

Avg. days on market

39d

5 days MoM

Recently sold homes

159

11 MoM

New listings for sale

REDFIN OPEN SAT, 1:30PM TO 3:30PM
$590,000
3 beds2 baths— sq ft
1216 Canfield Rd, Park Ridge, IL 60068
NEW
$989,900
4 beds3 baths2,355 sq ft
1236 S Brophy Ave, Park Ridge, IL 60068
NEW
$319,900
2 beds2 baths1,175 sq ft
1033 Busse Hwy Unit 2A, Park Ridge, IL 60068
NEW
$1,349,000
4 beds3.5 baths2,200 sq ft
1013 N Delphia Ave, Park Ridge, IL 60068
EARLY ACCESS
$484,900
3 beds1 bath1,260 sq ft
901 Park Plaine Ave, Park Ridge, IL 60068
OPEN FRI, 4PM TO 5PM
$1,000,000
4 beds3.5 baths2,539 sq ft
521 S Lincoln Ave, Park Ridge, IL 60068
OPEN SAT, 1PM TO 3PM
$1,150,000
5 beds4.5 baths5,464 sq ft
1425 Tyrell Ave, Park Ridge, IL 60068
$449,900
3 beds2 baths1,650 sq ft
17 N Chester Ave, Park Ridge, IL 60068
HOT HOME
$658,000
3 beds2 baths2,200 sq ft
724 S Chester Ave, Park Ridge, IL 60068
$214,900
2 beds2 baths— sq ft
200 Thames Pkwy Unit 1K, Park Ridge, IL 60068
See all

Provided by Redfin

Sale history for 116 S Prospect Ave

Public record

Public record
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Cook County

APN

09352030230000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 10, 2025.

Nov 5, 2026 • Active

Commercial remodel

Perform an interior remodel of a commercial building containing office space.

Remodel

Oct 20, 2026 • Active

Fire sprinklers - commercial

Install a fire sprinkler protection system for the first-floor shell space.

Fire sprinkler

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Outdoor Parking: 1-5 Spaces

Exterior

Building Information
# of Units: 3
Built Before 1978 (Y/N): Yes
Roof: Rubber
Roof Structure: Flat
Foundation Details: Concrete Perimeter
Construction Materials: Brick

Property Information
Property Type: Mixed Use
Docks: None
Parcel Number: 09352030230000

Lot Information
Dimensions: .26
Frontage Type: City Street
Zoning: COMMR

Financial

Tax Information
Tax Annual Amount: $35,922
Tax Year: 2022

Financial Information
Finance Code: Conventional

Utilities

Utility Information
Electric: Separate Meters

Heating & Cooling
Heat/Ventilation: Central Heat/Indiv Controls
Cooling: Central Individual

Location

Location Information
Directions: Head south towards Uptown Park Ridge on Prospect Avenue. You'll find 116 S Prospect Ave right across from City Hall.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Other
Year Built: —
Year Renovated: —
County: Cook County
APN: 09352030230000

Home facts updated by county records on Apr 10, 2025

Other

Listing Information
Some Photos Virtually Staged?: Yes

Around this home

Schools

Theodore Roosevelt Elementary School

Public K-5 • Assigned • 0.7mi

9/10

Lincoln Middle School

Public 6-8 • Assigned • 0.6mi

9/10

Maine South High School

Public 9-12 • Assigned • 1.3mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

6 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Park Ridge, IL • 60068

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

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Provided by Shadowmap

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LISTED BY REDFIN3D WALKTHROUGH

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New listings for sale in 60068

REDFIN OPEN SAT, 1:30PM TO 3:30PM

$590,000

3 beds2 baths— sq ft

1216 Canfield Rd, Park Ridge, IL 60068

NEW

$989,900

4 beds3 baths2,355 sq ft

1236 S Brophy Ave, Park Ridge, IL 60068

NEW

$319,900

2 beds2 baths1,175 sq ft

1033 Busse Hwy Unit 2A, Park Ridge, IL 60068

NEW

$1,349,000

4 beds3.5 baths2,200 sq ft

1013 N Delphia Ave, Park Ridge, IL 60068

EARLY ACCESS

$484,900

3 beds1 bath1,260 sq ft

901 Park Plaine Ave, Park Ridge, IL 60068

OPEN FRI, 4PM TO 5PM

$1,000,000

4 beds3.5 baths2,539 sq ft

521 S Lincoln Ave, Park Ridge, IL 60068

OPEN SAT, 1PM TO 3PM

$1,150,000

5 beds4.5 baths5,464 sq ft

1425 Tyrell Ave, Park Ridge, IL 60068

$449,900

3 beds2 baths1,650 sq ft

17 N Chester Ave, Park Ridge, IL 60068

HOT HOME

$658,000

3 beds2 baths2,200 sq ft

724 S Chester Ave, Park Ridge, IL 60068

Home values near 116 S Prospect Ave

Data from public records.

Address	Redfin Estimate
132 S Prospect Avenue, Park Ridge, IL 2 Beds \| 2.5 Baths \| 6564 Sq. Ft.	—
106 Main Street Unit B, Park Ridge, IL 2 Beds \| 2.5 Baths \| 4215 Sq. Ft.	—

Address	Redfin Estimate
114 Main Street, Park Ridge, IL 3 Beds \| 4.5 Baths \| 4524 Sq. Ft.	$817,212
20 S Fairview Avenue Unit 4N, Park Ridge, IL 3 Beds \| 2.5 Baths \| 2000 Sq. Ft.	$710,812

Address	Redfin Estimate
20 S Fairview Avenue Unit 2N, Park Ridge, IL 3 Beds \| 2.5 Baths \| 2000 Sq. Ft.	$756,440
20 S Fairview Avenue Unit 3N, Park Ridge, IL 3 Beds \| 2.5 Baths \| 2000 Sq. Ft.	$754,998

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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