324 North Northwest Highway

Park Ridge, IL 60068

$625,000
Price
5
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Partially Rehabbed 2-Unit in Prime Park Ridge Location. This property has massive potential for the savvy buyer. Both units are rented to long-term tenants with massively under-market rents. #1 was rehabbed in 2016 and is a 2 bedroom with a dedicated dining room, rented for $1,500 until 06/25. #2 is a 3 bedroom, rented for $1,025 until 03/25. The basement has laundry and a recreation room/ storage with an extra bathroom. Two-car garage at the rear with two EV Charging stations added. The building...Partially Rehabbed 2-Unit in Prime Park Ridge Location. This property has massive potential for the savvy buyer. Both units are rented to long-term tenants with massively under-market rents. #1 was rehabbed in 2016 and is a 2 bedroom with a dedicated dining room, rented for $1,500 until 06/25. #2 is a 3 bedroom, rented for $1,025 until 03/25. The basement has laundry and a recreation room/ storage with an extra bathroom. Two-car garage at the rear with two EV Charging stations added. The building is being sold As-Is and condition is reflected in the price. Amazing location a block from Downtown Park Ridge, close to Shopping, Train, Restaurants, Des Plaines River Trail, O'Hare, and everything else Park Ridge has to offer!
  1. Listed by Lawrence Dunning • Main Street Real Estate Group

Property Details for 324 North Northwest Highway

Area
Park Ridge
Township
Maine
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas, Electric, Radiant

Location

Listing Courtesy of Main Street Real Estate Group
Add your commute
LISTING UPDATED: 03/31/2024 01:20 AM

Property Details for 324 North Northwest Highway

StatusContingent
MLS #12006078
Days on Market32
Taxes$11,963 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1953
Lot Size0.06 AC / 2,664 SF
CountyCook County

Location

Listing Courtesy of Main Street Real Estate Group
Add your commute

Building Information for 324 North Northwest Highway

Stories-Residences2Year Built1953Building Size-Lot Size0.06 AC / 2,664 SF

Payment Calculator

$4,408 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$997

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 324 North Northwest Highway

General Information
School Information
  • Elementary School District: 64
  • High School District: 207
  • Middle Or Junior School District: 64
Addtl Parking Information
  • Garage On Site: true
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Partially Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 1
  • Room Type: Recreation Room
  • Num of Baths: 2.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2016
  • Built Before 1978: Yes
  • Age: 71-80 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 2664
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 9
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 10
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 52
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 06/25
Unit 2
  • Unit Type Actual Rent: $1,025.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 03/25

Property History for 324 North Northwest Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 324 North Northwest Highway

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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Main Street Real Estate Group

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.