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505 Busse Hwy 13,025 SF 100% Leased Office Building Park Ridge, IL 60068 $2,200,000 ($168.91/SF)

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INVESTMENT HIGHLIGHTS

  • Close to Highways and O'Hare Airport and Metra
  • Great location near the corner of Greenwood and Busse Hwy
  • Ample amount of parking spots.
  • Can be retrofitted, or redeveloped

EXECUTIVE SUMMARY

Well located office building located at 505 Busse Hwy in Park Ridge, IL. This sought-after location offers convenient access to several nearby points of interest. Enjoy proximity to the vibrant Uptown Park Ridge area, featuring a variety of dining options, boutique shops, and entertainment venues. Close to Highways and O'Hare Airport and Metra. Great for office use or redevelopment.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
13,025 SF
Building Class
C
Year Built
1960
Price
$2,200,000
Price Per SF
$168.91
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Building FAR
0.30
Lot Size
0.99 AC
Zoning
B-2, Park Ridge
Parking
42 Spaces (3.22 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-26-301-015-0000
Land Assessment
$150,444
Improvements Assessment
$97,713
Total Assessment
$248,157
  • Listing ID: 34566437

  • Date on Market: 1/22/2025

  • Last Updated:

  • Address: 505 Busse Hwy, Park Ridge, IL 60068

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