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The Shops of Uptown 2 Retail Condos in Park Ridge, IL
Investment Highlights
- Located at the “Main & Main” intersection of Park Ridge with over 35,000 combined VPD.
- 97.2% leased to a complementary mix of national and regional tenants across retail, dining, and fitness.
- Part of an award-winning mixed-use development with 165 luxury residential units.
- Grocery-anchored retail center featuring Trader Joe’s, a top-performing national grocer.
- Affluent trade area with an average household income of $170,971 within two miles.
- Stable income stream supported by long-term leases and annual rent escalations.
Executive Summary
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in The Shops of Uptown, a grocery-anchored retail collection that is located at the ‘Main & Main’ intersection of Park Ridge, an affluent and desirable north suburban Chicago community. The Shops of Uptown is part of the award-winning upscale Uptown mixed-use development which provides a captive customer base and unbeatable placemaking.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 70,144 SF |
| Number of Properties | 2 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 70,144 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 20-140 N Northwest Hwy, 1st Floor - Unit Retail, Park Ridge, IL 60068 | Retail Condo | 58,094 SF | 2008 | - |
| 510-608 W Touhy Ave, 1st Floor - Unit Retail, Park Ridge, IL 60068 | Retail Condo | 12,050 SF | - | - |
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