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1216 N Northwest Hwy, Park Ridge, IL, 60068

4beds
2baths
--sqft
$545,000
--price/sqft
$3,827/moest. monthly cost
$153,080/yrincome needed

About This Home

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!

Getting Around

50
WalkingCar-Dependent
41
TransitSome Transit
54
BikeBikeable

Schools

10/10
8/10
Emerson Middle SchoolGrades 6-81.3 mi
10/10
Maine East High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1954

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Full

Bedrooms & Bathrooms

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

Heating

  • Heating features: Baseboard

Property

Details

  • Parcel number: 09223120160000
  • Special condition: None

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 2
  • Parking features: Yes,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2