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863 N Northwest Hwy, Park Ridge, IL, 60068

4beds
2baths
--sqft
$699,900
--price/sqft
$4,880/moest. monthly cost
$195,200/yrincome needed

About This Home

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.

Getting Around

55
WalkingSomewhat Walkable
39
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

10/10
8/10
Emerson Middle SchoolGrades 6-80.8 mi
10/10
Maine South High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1958

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Natural Gas,Steam

Property

Details

  • Parcel number: 09272030160000
  • Zoning: MULTI
  • Special condition: None

Lot

  • Lot size: 9,750 sqft
  • Lot size dimensions: 75 X 130

Parking

  • Total spaces: 2.5
  • Parking features: Garage Door Opener,Yes,Garage Owned,Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5
  • Has uncovered spaces: Yes