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Investment Highlights

  • Located in Park Ridge on Chicago’s affluent North Shore with convenient access to major highways and transportation networks.
  • Includes a church building with extensive interior space and adjacent parking for over 40 vehicles combined.
  • The area is supported by a $900B regional GDP, 34 Fortune 500 companies, and a growing employment base across multiple sectors.
  • Two parcels totaling approximately 0.78 acres, currently zoned R-2 with potential for two buildable lots.
  • Nearby attractions include Park Ridge Country Club, Uptown Park Ridge, and key retail anchors such as Home Depot and H Mart.

Executive Summary

Offered exclusively by Fulton Grace Realty, 1437 Oakton Street presents a unique investment and redevelopment opportunity in one of Chicagoland’s most desirable North Shore communities. The property consists of a traditional church building along with a dedicated parking lot, providing a combined total of over 33,000 square feet across two parcels. Zoned R-2, the property supports the ability to create two buildable lots, offering strong redevelopment potential for residential or alternative institutional use.
Surrounded by a mature residential neighborhood, this asset benefits from close proximity to major retail destinations, such as Golf Mill and Uptown Park Ridge, and is within easy reach of O’Hare International Airport and downtown Chicago via nearby I-90 and I-294. The North Shore market continues to experience robust demand supported by strong population growth and limited supply, making this property an attractive long-term hold or immediate redevelopment opportunity.

Property Facts

Price $2,970,000
Price Per SF $228.46
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Parking Lot
  • Specialty Schools
Building Class C
Lot Size 0.77 AC
Building Size 13,000 SF
No. Stories 3
Year Built/Renovated 1970/1990
Zoning R-2 - Single Family Residential District See documents for additional information
Parcel Numbers
Multiple
  • 09-26-100-004-0000
  • 09-26-100-008-0000
  • 09-26-100-006-0000
  • 09-26-100-007-0000
  • 09-26-100-005-0000
  • 09-26-100-009-0000
  • 09-26-100-010-0000
  • 09-26-100-003-0000

Amenities

  • Signage
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 40194568

  • Date on Market: 4/17/2026

  • Last Updated:

  • Address: 1437 Oakton St, Park Ridge, IL 60068

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