Uptown Park Ridge - Mixed Use Property

For Lease

116 S Prospect Ave, Park Ridge, IL 60068

You can currently find 1 retail space(s) available for lease at Uptown Park Ridge - Mixed Use Property. Designated use type for space listed here includes retail. Current retail listings at this property total 2,000 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Uptown Park Ridge - Mixed Use Property.

Space Available For Lease 1

Contacts

broker
Hubert J. Cioromski

Troy Companies

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,330 SF
  • Units 3
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 4
  • Year Built 1938
  • Year Renovated 2019
  • Date Updated Dec 10, 2024
The property is located in the heart of "Uptown" Park Ridge. Uptown features boutique retail, dining, and other bustling businesses. The property is located on the west side of Prospect Ave, roughly one and a half blocks south of the Metra Station.Unique Value add property available for sale. The building is composed of ground floor space, a lower level, as well as a second floor with a dedicated elevator. The sale comes with the plans to convert the second floor into a massive luxury apartment overlooking uptown. The first floor and lower level are ready to be leased. Recently signed a new lease to a national retailer for a portion of the ground floor, immediately adding value to the property. Buildout construction to begin on newly leased space.Located on the best street in uptown Park Ridge, situated across from Hodges Park and City Hall. Perfect for retail or office users. Currently a blank canvas on the 1st and 2nd floors. Building includes an elevator, 4 on-site parking spaces, a kitchen/break room in the lower level and 12' high ceilings on the 1st floor. This building has it all.
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Highlights

  • Excellent Location in Uptown Park Ridge
  • High Ceilings
  • Build to suit opportunity

Attachments

Getting around

  • 94/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 61/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Park Ridge, IL
  • Zip Code 60068
  • Market Chicago

Points of Interest

  • Park Ridge

    0.08 miles

  • Edison Park

    0.84 miles

  • Norwood Park

    2.09 miles

  • Rosemont Blue Line Station

    2.25 miles

  • O'Hare Transfer

    2.68 miles

  • Morton Grove

    2.99 miles

  • Rosemont

    3.17 miles

  • Des Plaines

    3.59 miles

  • Schiller Park

    3.80 miles

  • Terminal 5

    3.82 miles

  • Thorntons

    0.43 miles

  • Shell

    0.49 miles

  • BP

    0.52 miles

  • Marathon

    0.89 miles

  • Mobil

    1.17 miles

  • ChargePoint

    2.23 miles

  • Tesla Supercharger

    2.77 miles

  • Tesla Destination Charger

    2.89 miles

  • Tesla Macau

    2.98 miles

  • Uptown Parking Garage

    0.17 miles

  • Resurrection Medical Center - Parking

    1.74 miles

  • Kiss and Ride

    1.80 miles

  • Cumberland Park & Ride

    1.83 miles

  • Rosemont Park & Ride

    2.19 miles

  • Harlem Park & Ride

    2.21 miles

  • Free parking for Oriole Park

    2.31 miles

  • East Parking Garage

    2.39 miles

  • Sweet & Tart

    0.01 miles

  • Thalaiva's Indian Kitchen

    0.03 miles

  • Sushi Express

    0.10 miles

  • Einstein Bros. Bagels

    0.13 miles

  • Zaza Cucina

    0.16 miles

  • Venus Szechuan & Mandarin

    0.19 miles

  • Woodburning Oven

    0.20 miles

  • Affresco

    0.21 miles

  • The Original Pancake House

    0.21 miles

  • Blufish Sushi Bistro

    0.21 miles

  • Trader Joe's

    0.25 miles

  • Whole Foods Market

    0.37 miles

  • Jewel-Osco

    0.59 miles

  • Jerry's Fruit & Garden

    1.49 miles

  • Mariano's Fresh Market

    1.54 miles

  • Super H Mart

    1.82 miles

  • Tony's Fresh Market

    2.35 miles

  • Park To Shop Supermarket

    2.36 miles

  • Big Lots

    2.41 miles

  • TJ Maxx

    2.56 miles

116 S Prospect Ave Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Uptown Park Ridge - Mixed Use Property asks $29.00/SF/YR per square foot.

  • The property includes 2,000 square feet of retail space for lease. Of this total, 2,000 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    116 S Prospect Ave was last renovated in 2019.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Hubert J. Cioromski

Troy Companies

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