Active @properties exclusive

324 W Touhy Avenue

Park Ridge, Illinois 60068


Dan Stratis
312.506.0250

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$2,000,000


Square Footage
6,000


Property Type
Office / Tech
Neighborhood
Park Ridge


The offering is a 6,000 square foot free-standing commercial office building leased to @properties, one of the leading real estate brokerage firms in the Chicagoland area. There is a net lease in place that expires in June, 2028 with 2.5% annual increases. @properties will sign an amendment to the lease at closing extending the base term for a full 7 years. Additionally there are 3 five (5) year options to renew the lease. The tenant is responsible for all Real Estate Taxes and CAM.



Full Features
Built: 1999
Cooling System: Chillers
Stories: 2
# of Drive-In Doors: 1
Rentable Square Feet: 6,000
Building Square Feet: 6,000
Current Net Income: $126,075
School District(s): Maine Township HSD 207, Park Ridge CCSD 64


Taxes & Assessments
Taxes: $50,550

Listing information updated today (5/9/2021)


Park Ridge photo


Park Ridge

Although it borders Chicago’s northwest edge, Park Ridge is a decidedly suburban community. The picturesque suburb is known for its small-town charm, which is just one reason why many residents have lived here their entire lives. Park Ridge boasts a…

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Nearby Public Transportation

Metra
Union Pacific Northwest, Milwaukee District North, North Central Service

at Park Ridge Metra (0.23 miles away), Morton Grove Metra, O'Hare Transfer






324 W Touhy Avenue Park Ridge, Illinois 60068 is a office / tech currently listed at $2,000,000. This office / tech has been listed on @properties since April 28th, 2021 and was built in 1999. Nearby schools include Eugene Field Elementary School, Emerson Middle School, Maine South High School. The nearest transit stops include Union Pacific Northwest Park Ridge Metra. Want to learn more about 324 W Touhy Avenue Park Ridge, Illinois 60068? Contact an @properties agent to request more info.