Sold
Last Sold Price
21 S Prospect Ave, Park Ridge, IL 60068
Mixed UseProperty Type
0.08 acresLot Size
1925Year Built
3 carsParking Spaces

Description

Rare opportunity to own in heart of uptown park ridge... Perfect location on prospect ave! Unique building with retail storefront AND 2 apartments with PRIVATE ENTRANCE. Retail storefront currently leased. Huge 2 story, 3 bedroom apt w/fp, hdwd fls and outdoor access to garden area. Nice size 1 bedroom apt with hdwd fls looks out to Prospect. 3 parking spaces located in back of bldg. Great investment opportunity!Rare opportunity to own in heart of uptown park ridge... Perfect location on prospect ave! Unique building with retail storefront AND 2 apartments with PRIVATE ENTRANCE. Retail storefront currently leased. Huge 2 story, 3 bedroom apt w/fp, hdwd fls and outdoor access to garden area. Nice size 1 bedroom apt with hdwd fls looks out to Prospect. 3 parking spaces located in back of bldg. Great investment opportunity!

    Sold By Basic House of Realty LLC

    Listing closed: 06/09/2014 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08556018

    Recent comparable sales

    Median sold price

    $590,000

    Avg days on market

    68

    Sale-to-list ratio

    93.7%

    Park Ridge, IL

    9 comparable properties found

    a front view of a building with retail shops
    1/12
    1

    $1,175,000

    Sold 05/07/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.11
    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
    a front view of a house with a yard
    1/5
    3

    $625,000

    Sold 04/15/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.29
    Acres
    $700,000 | 804 South Prospect Avenue, Park Ridge, IL 60068
    1/12
    4

    $700,000

    Sold 08/12/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.20
    Acres
    $395,000 | 445 North Northwest Highway, Park Ridge, IL 60068
    1/5
    5

    $395,000

    Sold 03/21/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.27
    Acres
    a front view of a house with a garden
    1/8
    6

    $450,000

    Sold 05/02/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.24
    Acres
    7

    $590,000

    Sold 07/24/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    8

    $525,000

    Sold 06/03/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.01
    Acres
    a view of a house with a yard
    1/22
    9

    $380,000

    Sold 04/14/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.15
    Acres

    Location

    Add your commute

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    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,868

    Property Taxes

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    HOA Dues

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    Property Information for 21 South Prospect Avenue

    Property Details
    • Taxes: $13,460 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Park Ridge
    • Township: MAINE
    • Air Conditioning Type: Central Air, Window Unit(s)
    • Num of Interior Fireplaces: 1
    • Zoning: OTHER
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1925
    • Lot Size: 0.08 AC / 3,375 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Frontage Type: City Street, Public Road
    • Geographic Locale: Northwest Suburban
    • Information: 24-Hr Notice Required,Other-See Remarks
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air, Window Unit(s)
    • Flooring: Wood
    • # Of Washers: 1
    • Heat/Ventilation: Forced Air,Gas,Hot Water
    • # Of Window/Ac: 1
    • # Of Refrigerators: 2
    • Washer/Dryer Lsd: No
    • Misc Inside: Inside Corridor/s,Skylight/s,Basement
    • # Of Dryers: 1
    • # Of Dishwashers: 2
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 2
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Water to Site
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 25X130
    • Lot Size Square Feet: 3375.0
    • Stories: 2
    • Exterior Building Type: Brick, Concrete
    • Construction: Brick, Concrete
    • Roof Type: Composition
    • Foundation Details: Concrete Perimeter
    • # Of Offices: 0
    • # Of Ranges: 2
    • # Of Stores: 1
    • Property Sub Type: Apts/Stores
    Property and Assessments
    • Possible Use: Commercial, Office and Research, Multi-Family, Retail
    • Public Document Count: 4
    • Document Date: 2014-03-12T16:57:00
    • Photos Count: 2
    Miscellaneous
    • Current Use: Other
    • Location: Central Business District
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 3
    Income & Expenses
    • Electric Expense: $2,400.00
    • Fuel Expense: $2,400.00
    • Gross Income: $52,800.00
    • Gross Scheduled Income: $52,800.00
    • Insurance Expense: $2,000.00
    • Electric Expense Source: Owner Projection
    • Total Annual Expense Source: Owner Projection
    • Fuel Expense Source: Owner Projection
    • Insurance Expense Source: Owner Projection
    • Trash Expense Source: Owner Projection
    • Total Monthly Income: 4400
    • Water Expense Source: Owner Projection
    • Net Operating Income: $32,540.00
    • Operating Expense: $22,660.00
    • Other Expense: $.00
    • Trash Expense: $1,200.00
    • Water Sewer Expense: $1,200.00

    Property History for 21 South Prospect Avenue

    DateEvent & SourcePriceAppreciation
    Jun 9, 2014

    Sold

    MRED #08556018

    $555,000
    May 28, 2014

    Sold (Public Record)

    Public Record #474363489

    $555,000

    -2.5% / yr

    Apr 23, 2014

    Pending

    MRED #08556018

    DateEvent & SourcePrice
    06/09/2014

    Sold

    MRED #08556018

    $555,000
    05/28/2014

    Sold (Public Record)

    Public Record #474363489

    $555,000

    -2.5% / yr

    04/23/2014

    Pending

    MRED #08556018

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

    Public Records for 21 South Prospect Avenue

    Taxable ValueLand$5,738Additions$34,296Total$40,034
    Tax Record2023$10,865 ($905 / month)
    Home Facts
    Baths2.5Total Finished SqFt2,832 SqFtAbove Grade Finished SqFt2,832 SqFtStories2Lot Size3,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN09-35-206-004

    Schools near 21 South Prospect Avenue

    This home is within Maine Township Hsd 207 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Eugene Field Elementary School
    PublicK to 5

    Emerson Middle School
    Public6 to 8

    Maine South High School
    Public9 to 12

    Ralph J Frost Academy
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    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.

    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 08/03/2023 12:50 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.