863 Northwest Highway, Park Ridge, Illinois 60068
$729,900
|
For Sale
|
|
| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1958 |
| Property Taxes: | $13,753 |
| Days On Market: | 2 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1958 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12586239 | |
| 09272030160000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Franklin Elementary School |
64 | — | |
|
Middle School
Emerson Middle School |
64 | Not in DB | |
|
High School
Maine South High School |
207 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 2 Jun, 2023 | Sold | $573,000 | MRED MLS |
| 10 May, 2023 | Under contract | $579,000 | MRED MLS |
| 4 May, 2023 | Listed for sale | $579,000 | MRED MLS |
| 17 Nov, 2025 | Sold | $560,000 | MRED MLS |
| 27 May, 2025 | Under contract | $565,000 | MRED MLS |
| — | Last price change | $570,000 | MRED MLS |
| 17 Jan, 2025 | Listed for sale | $570,000 | MRED MLS |
| 7 Mar, 2026 | Listed for sale | $729,900 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2.5 | |
| — | |
| — | |
| — | |
| — | |
| 75 X 130 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $14,825 |
| 2025 | $11,977 |
| 2026 | $13,753 |
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Listing Provided By
Hometown Real Estate
