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863 N Northwest Highway Park Ridge, IL 60068 Multi Unit - Multiple New

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  • 863 N Northwest Highway , Park Ridge, IL 60068 Main Photo

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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 Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Cook
High School: Maine South High School
Listed By:
Hometown Real Estate 773-625-1121
MRED MLS
$729,900
Est. $4,637/mo
4beds
2baths
3cars
New to the Market New
BEDS4 BATHS2 full MLS#12586239
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 207

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Ruhl&Ruhl Realtors
563.441.1776

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863 N Northwest Highway , Park Ridge, IL 60068.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $729,900$729,900$729,900
Down Payment $145,980$25,547$182,475
Monthly Mortgage Amount $3,408$4,182$4,437
Taxes $1016$1016$1016
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$321$0
Monthly Estimated Total $4,637$5,732$5,666

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