Park Ridge, IL 60068,863 N Northwest HWY
Park Ridge, IL 60068,863 N Northwest HWY
Park Ridge, IL 60068,863 N Northwest HWY
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$699,000
Est. payment /mo
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4 Beds
2 Baths
Open Sun 1PM-3PM

863 N Northwest HWY Park Ridge, IL 60068

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Open House

Sun Jan 18, 1:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12547186

Bedrooms 4

Year Built 1958

Annual Tax Amount $13,752

Tax Year 2024

Lot Dimensions 75 X 130

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity with strong long-term upside. Spacious brick two-flat situated on an oversized 75' x 130' lot with three separate PIN numbers, offering future flexibility and value-add potential. The property features two well-maintained units, each consisting of five rooms with two bedrooms and one full bathroom. Both units offer large, sun-filled living rooms and kitchens with dedicated dining areas, making them highly attractive to tenants. An attached oversized 2.5-car garage provides secure, in-demand parking and enhances rental appeal. Located in a high-demand rental area close to shopping, parks, major highways, and commuter train access. Situated within the boundaries of top-rated schools, including Maine South High School, supporting consistent tenant demand and strong market rents. Ideal for investors seeking stable cash flow, low vacancy risk, and future appreciation in a prime location. Suitable for owner-occupants, buy-and-hold investors, or portfolio expansion.

Location

State IL

County Cook

Area Park Ridge

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Steam

Fireplace N

Exterior

Garage Spaces 2.5

Community Features Curbs, Sidewalks, Street Lights

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Franklin Elementary School

Middle Schools Emerson Middle School

High Schools Maine South High School

School District 64 , 64, 207

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Kathy Wlostowska of  Hometown Real Estate 

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Anthony Florentino

Anthony Florentino

Managing Broker | License ID: 471015396

+1(773) 814-8466

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863 N Northwest HWY