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About This Home
This 4-bedroom, 2-bathroom residential multi family at 1216 N Northwest Highway in Park Ridge, IL is listed for $545,000. Built in 1954, on a 0.17 acres lot.
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!
Key Features
- Built in 1954
- 0.17 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$2,915/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1216 N Northwest Highway
Park Ridge, IL 60068
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 1216 N Northwest Highway is listed at $545,000. The estimated monthly payment is $2,362 based on 20% down at 6.5% interest.
Key features include: Built in 1954, 0.17 acre lot, 2 parking spaces.
This property is listed by Paul Froiland and can be reached at (312) 216-2422 or paul@russellfroiland.com.
