Sold
Last Sold Price
116 W Higgins Rd, Park Ridge, IL 60068
Mixed UseProperty Type
5,353 sq ftLot Size
1969Year Built
2 carsParking Spaces

Description

Two Story brick mixed use building consisting of two apartments, one apartment consists of three (3)bedrooms and 1.5 bathrooms, and the second apartment consists of one (1) bedroom and one bathroom. Also there are three (3) commercial spaces which is occupied by two tenants. There is a two (2) car brick attached garage.Two Story brick mixed use building consisting of two apartments, one apartment consists of three (3)bedrooms and 1.5 bathrooms, and the second apartment consists of one (1) bedroom and one bathroom. Also there are three (3) commercial spaces which is occupied by two tenants. There is a two (2) car brick attached garage.

    Sold By Beaulieu Real Estate

    • Listed by: Stephen Cioromski 847.612.8716 stephen@troyrealtyltd.com • Troy Realty Ltd
    • Listed by: William Gold 773.792.3000 bgold@troyrealtyltd.com • Troy Realty Ltd
    Listing closed: 08/31/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11018033

    Recent comparable sales

    Median sold price

    $625,000

    Avg days on market

    64

    Sale-to-list ratio

    92.9%

    Park Ridge, IL

    9 comparable properties found

    a front view of a house with a yard
    1/5
    1

    $625,000

    Sold 04/15/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.29
    Acres
    a front view of a building with parking space
    1/6
    2

    $1,200,000

    Sold 02/24/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.16
    Acres
    $700,000 | 804 South Prospect Avenue, Park Ridge, IL 60068
    1/12
    3

    $700,000

    Sold 08/12/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.20
    Acres
    a front view of a building with retail shops
    1/12
    4

    $1,175,000

    Sold 05/07/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.11
    Acres
    5

    $750,000

    Sold 02/24/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.35
    Acres
    $395,000 | 445 North Northwest Highway, Park Ridge, IL 60068
    1/5
    6

    $395,000

    Sold 03/21/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.27
    Acres
    a street view with residential houses
    1/5
    7

    $305,000

    Sold 12/23/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.30
    Acres
    a front view of a house with a garden
    1/8
    8

    $450,000

    Sold 05/02/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.24
    Acres
    9

    $590,000

    Sold 07/24/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres

    Location

    Add your commute

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    $4,277 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,923

    Property Taxes

    $1,354

    HOA Dues

    $0

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    Property Information for 116 West Higgins Road

    Property Details
    • Taxes: $16,250 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Park Ridge
    • Air Conditioning Type: Central Air
    Building Information
    • Stories: 2
    • Residences: 4
    • Year Built: 1969
    • Lot Size: 0.12 AC / 5,353 SF
    General Information
    Location and General Information
    • Geographic Locale: Northwest Suburban
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Circuit Breakers
    • # Of Washers: 1
    • Heat/Ventilation: Central Bldg Heat
    • Washer/Dryer Lsd: No
    • # Of Dryers: 1
    • # Of Dishwashers: 1
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 2
    Property/Lot Information
    • Tenant Pays: Varies by Tenant
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 33X52X126
    • Lot Size Square Feet: 5353.0
    • Stories: 2
    • Fire Protection: Other
    • # Of Offices: 0
    • # Of Stores: 2
    • Property Sub Type: Mixed Use
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 4
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $50,800.00
    • Gross Scheduled Income: $50,800.00
    • Insurance Expense: $2,712.00
    • Insurance Expense Source: Broker Projection
    • Total Monthly Income: 4233
    • Water Expense Source: Broker Projection
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $1,218.00

    Property History for 116 West Higgins Road

    DateEvent & SourcePriceAppreciation
    Aug 31, 2021

    Sold

    MRED #11018033

    $575,000
    Aug 20, 2021

    Pending

    MRED #11018033

    Mar 11, 2021

    Listed (Active)

    MRED #11018033

    $677,000
    DateEvent & SourcePrice
    08/31/2021

    Sold

    MRED #11018033

    $575,000
    08/20/2021

    Pending

    MRED #11018033

    03/11/2021

    Listed (Active)

    MRED #11018033

    $677,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Troy Realty Ltd

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/04/2021 02:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.