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About This Home
This 4-bedroom, 2-bathroom residential multi family at 863 N Northwest Highway in Park Ridge, IL is listed for $699,900. Built in 1958, on a N/A lot.
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.
Key Features
- Built in 1958
- 3 parking spaces
Property Details
Monthly Cost Estimate
$3,743/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
863 N Northwest Highway
Park Ridge, IL 60068
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 863 N Northwest Highway is listed at $699,900. The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 3 parking spaces.
This property is listed by Kathy Wlostowska and can be reached at (773) 625-1121 or katarzynawl@gmail.com.
