• Status New
  • Price $500,000
  • Bed 4 Beds
  • Bath 2 Baths
  • Location Park Ridge

1216 North Northwest Highway

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!

General Info

  • Price $500,000
  • Bed 4 Beds
  • Bath 2 Baths
  • Taxes $10,856
  • Market Time 1 days
  • Year Built 1954
  • Square Feet Not provided
  • Assessments Not provided
  • Assessments Include Not provided
  • Listed by: Keller Williams ONEChicago Phone: 312.216.2422
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 9
  • Bedrooms 4 Beds
  • Bathrooms 2 Baths

Features

  • Heat Baseboard
  • Air Conditioning Not provided
  • Appliances Not provided
  • Parking Garage
  • Age 71-80 Years
  • Exterior Brick

Based on information submitted to the MLS GRID as of 6/3/2026 9:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Mortgage Calculator

  • List Price{{ formatCurrency(listPrice) }}
  • Taxes{{ formatCurrency(propertyTaxes) }}
  • Assessments{{ formatCurrency(assessments) }}
  • List Price
  • Taxes
  • Assessments
{{ formatCurrency(price) }}
{{ selectedInterestRate }}%
{{ downPaymentPercent }}%

Estimated Monthly Payment

{{ formatCurrency(monthlyTotal) }} / month

  • Principal & Interest{{ formatCurrency(monthlyPrincipal) }}
  • Taxes{{ formatCurrency(monthlyTaxes) }}
  • Assessments{{ formatCurrency(monthlyAssessments) }}

All calculations are estimates for informational purposes only. Actual amounts may vary.

Inquire about this property 1216 North Northwest Highway Park Ridge, IL 60068

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Request a tour 1216 North Northwest Highway Park Ridge, IL 60068

Your Information
Select a date and time

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.