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28 Main St - 28-30 Main Street

0.17 Acres of Commercial Land Offered at $980,000 in Park Ridge, IL 60068

Investment Highlights

  • Generational Ownership Type Property. Extremely safe and business friendly community surrounded by upscale residential properties.
  • Commercial first floor with residential above possible. 3 Stories possible.
  • Cooperative City of Park Ridge building department looking for a new development for the property.
  • In the heart of upscale Park Ridge's "Uptown" Business District...and has excellent parking!
  • Excellent walkablitly. Very close to Metra,Trader Joes,Whole Foods, Banking, Fitness etc.
  • Large Public parking immediately behind the location. Wide alley access for deliveries and/or guest access.

Executive Summary

2023 ALTA Survey available.
2023 Environmental Report available.
Taxes approximately $2,800 for tax year 2023.
Property being sold "AS IS".
Already zoned for 3 Story/40 ft. Possible 2nd Floor Bar Deck.

Attachments

28 Main Street Flyer
Additional Zoning Info

Data Room Click Here to Access

Property Facts

Price $980,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Multifamily
  • Apartment Units - Condo
  • Healthcare
  • Restaurant
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.17 AC

1 Lot Available

Lot

Price $980,000
Price Per AC $5,691,850
Lot Size 0.17 AC

50ft X 150 ft rectangle. Possible new project for a mixed use building,the first floor commercial (bar/restaurant/office/retail/professional)with 2 floors of apartments or condos 40ft height max.See "Brochure and Other Docs" area for detailed doc.

Description

Vacant Land in Upscale Park Ridge's Downtown entertainment district. Already zoned for 3 story/40ft. Possible 2nd floor bar/restaurant deck. Come build your next project. Rare Opportunity to acquire a generational type of property in an excellent location in the downtown area of Park Ridge called "Uptown". Excellent walk-ability. Extremely safe and business friendly community. 50ft x 150ft lot which is immediately in front of a large City of Park Ridge public parking lot. Many new buildings in the immediate area of the thriving upscale community in Chicago’s northwestern suburbs. Two blocks from popular parks, the City Hall, and the Police Station. In the center of a mix of popular local, regional, and national restaurants, bars, shops and professional offices surrounded by upscale residential properties. Area of concerts in the park, summer festivals, and local parades. This is the place to be. 2023 ALTA Survey available. 2023 Environmental Report available. Property being sold "AS IS". Taxes approximately $2,800 for tax year 2023. ***Letter of Intent Form*** is available upon request OR Available in the "DATA ROOM" area of the ad. For consideration of an offer, ***a Proof of Funds Letter*** will be required along with this completed Letter of Intent. .

Walk Score ®
Walker's Paradise (94)
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
09-35-202-003-0000
Land Assessment
$10,500
Improvements Assessment
$0
Total Assessment
$10,500

zoning

Zoning Code B-4 (Retail, restaurant and entertainment uses located along the ground floor, with personal service, office and residential above)
B-4 (Retail, restaurant and entertainment uses located along the ground floor, with personal service, office and residential above)
  • Listing ID: 28112355

  • Date on Market: 3/31/2023

  • Last Updated:

  • Address: 28 Main St, Park Ridge, IL 60068

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