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863 N Northwest Highway Park Ridge, IL 60068

$729,900
New / MLS# 12586239 / Multi Unit - Multiple / Park Ridge
4 Beds
2 Baths

Excellent investment opportunity with strong long-term upside. Spacious brick two-flat situated on an oversized 75' x 130' lot with three separate PIN numbers, offering future flexibility and value-add potential. The property features two well-maintained units, each consisting of five rooms with two bedrooms and one full bathroom. Both units offer large, sun-filled living rooms and kitchens with dedicated dining areas, making them highly attractive to tenants. An attached oversized 2.5-car garage provides secure, in-demand parking and enhances rental appeal. Located in a high-demand rental area close to shopping, parks, major highways, and commuter train access. Situated within the boundaries of top-rated schools, including Maine South High School, supporting consistent tenant demand and strong market rents. Ideal for investors seeking stable cash flow, low vacancy risk, and future appreciation in a prime location. Suitable for owner-occupants, buy-and-hold investors, or portfolio expansion.

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Baird & Warner Bob Richter, Realtor Agent Cell: 630.788.3495 Email

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Estimated Payment

$ 2,980.89 per month $1,622.00 Principal & Interest $1,146.00 Property Tax $212.89 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: None
Garage: 2.5
Heating: Natural Gas, Steam
Lot Size: 75 X 130
Roof Type: Asphalt
Taxes: $13,752
Year Built: 1958

Feature Descriptions

Exterior: Brick
Lot Dimensions: 75 X 130
Parcel#: 09272030160000
Parking: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 10
Township: Maine
Water: Lake Michigan

Schools

High School: Maine South High School
Middle School: Emerson Middle School
Elementary School: Franklin Elementary School
School District: District 207

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Hometown Real Estate

Listing Office Phone: 773-625-1121



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