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324 N Northwest Highway, Park Ridge, IL 60068
$590,000
324 N Northwest Highway, Park Ridge, IL 60068View this property at 324 N Northwest Highway, Park Ridge, IL 60068
324 N Northwest HighwayPark RidgeIL60068
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Property 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 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!
Full Property Details
Full Property Details for 324 N Northwest Hwy
General
- Sold For: $590,000
- Taxes: $11,962 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 12006078
- Added to Site: 84 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: Park Ridge
- County: Cook
- Driving Directions: Heading east on Elm, turn north on Northwestern Hway and the property is on the left after you pass through downtown Park Ridge
School Information
- School District: 64
- Midd School District: 64
Heating & Cooling
- Heating Type: Natural Gas, Electric, Radiant
Utilities
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full
- Year Built: 1953
- Built Before 1978: Yes
- Remodeled/Updated: 2016
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 2664
Financial Considerations
- Assessment Year: 1953
- Tax Amount: $11,962.62
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 9263020530000
Listed and Sold by Main Street Real Estate Group
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Schools
Schools serving 324 N Northwest Hwy
School Districts:Park Ridge Community Consolidated School District 64, Maine Township High School District 207
Rating | Name | Grades | Distance |
---|---|---|---|
707 Wisner St, Park Ridge, IL 60068 | K-5 | 0.7 mi | |
Jefferson School
8200 W Greendale Ave Ste 1, Niles, IL 60714 | PK-PK | 0.8 mi | |
8101 N Cumberland Ave, Niles, IL 60714 | 6-8 | 0.8 mi | |
1111 S Dee Rd, Park Ridge, IL 60068 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 324 N Northwest Hwy
Date
Details
Price
Change
Source
5/06/2024
Sold
$590,000
-5.6%
MLS
3/24/2024
Price Reduced
$625,000
-7.41%
MLS
3/16/2024
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
324 N Northwest Highway, Park Ridge, IL 60068 (MLS# 12006078) is a Multi-Family property that was sold at $590,000 on May 06, 2024. Want to learn more about 324 N Northwest Highway? Do you have questions about finding other Multi-Family real estate for sale in Park Ridge? You can browse all Park Ridge real estate or contact a Coldwell Banker agent to request more information.