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$545,000 Just Listed
Property Description
Rare opportunity in sought-after Park Ridge, this solid 2-unit property is ideal for investors or owner-occupants looking for rental income with future flexibility to convert back to a single-family home. Both units are currently occupied and feature hardwood flooring throughout. The first-floor unit offers approximately 750 sq ft with 5 rooms plus a sunroom, including 2 bedrooms, 1 bath, kitchen, dining room and living room. The second-floor unit provides approximately 600 sq ft with 2 bedrooms, 1 bath, an eat-in kitchen, and living room. Each unit includes one garage space and driveway parking. The property also features a full basement with coin laundry and ample storage, a fenced backyard, boiler updated in 2021 and a newer hot water heater (2025) serving the lower unit. A strong income-producing property in a prime location with long-term upside. Close to everything - schools, parks and shopping!
Full Property Details
Full Property Details for 1216 N Northwest Hwy
General
- Price: $545,000
- Taxes: $10,856 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12619970
- Updated: Today (4/15/2026)
- Added to Site: Today
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: Park Ridge
- County: Cook
- Township: Maine
- Driving Directions: W/E Dempster turn left on NW Hwy
School Information
- School District: 64
- Elem School District: 64
- Midd School District: 64
- High School District: 207
Heating & Cooling
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1954
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6383
Financial Considerations
- Assessment Year: 1954
- Tax Amount: $10,856
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 9223120160000
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Schools
Schools serving 1216 N Northwest Hwy
School Districts:Maine Township High School District 207, Park Ridge Consolidated Community School District 64
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Park Ridge, IL 2401 Manor Lane, Park Ridge, IL 60068 | K-5 | 0.2 mi |
Emerson Middle School, Niles, IL 8101 North Cumberland Avenue, Niles, IL 60714 | 6-8 | 1.3 mi |
Maine East High School 2601 Dempster St, Park Ridge, IL 60068 | 9-12 | 0.6 mi |
Maine South High School 1111 South Dee Road, Park Ridge, IL 60068 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1216 N Northwest Hwy
Date
Details
Price
Change
Source
4/15/2026
Listed
$545,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1216 N Northwest Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,856
4%
$39,999
—
2022
$10,402
-3%
$39,999
13%
2021
$10,727
4%
$35,268
—
2020
$10,301
-3%
$35,268
-13%
2019
$10,566
5%
$40,539
15%
2018
$10,048
—
$35,112
—
2017
$10,005
4%
$35,112
—
2016
$9,634
13%
$35,112
27%
2015
$8,515
2%
$27,608
—
2014
$8,347
6%
$27,608
—
2013
$7,907
-8%
$27,608
-22%
2012
$8,627
—
$35,273
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1216 N Northwest Hwy
1216 N Northwest Highway, Park Ridge, IL 60068 (MLS# 12619970) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 1216 N Northwest Highway is currently listed for $545,000 and was received on April 15, 2026. Want to learn more about 1216 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.
