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1121 N Northwest Highway Park Ridge, IL 60068 Multi Unit - Multiple Active

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Description

Oversized corner lot meets incredible opportunity in sought-after Park Ridge! This well-maintained 3-flat offers spacious, flexible living with strong investment potential. The first-floor owner's unit features 3 large bedrooms and 2 full baths, an eat-in kitchen with updated finishes, and a bright living/dining combo with beautifully refinished original hardwood floors. The second-floor unit mirrors the layout (3 bed / 1.5 bath) and is currently rented below market with month-to-month potential-ideal for value-add. The sunny above-grade lower level offers a comfortable 1 bed / 1 bath unit with heated floors, central air, and gas-forced heat-perfect for in-law living or additional income. Enjoy a private yard with patio, a heated 2.5-car garage, plus two driveway spaces and easy street parking. Shared laundry included. Major updates already done: newer roof (5 yrs), brand new 200 amp electrical, newer water heater, plus updated kitchens, appliances, flooring, and fresh paint throughout units. Unbeatable location near top-rated Park Ridge schools, parks, playgrounds, Dee Rd Metra Train, Lutheran General Hospital, Expressways and O'Hare Airport. Live in one, rent the others-or add a strong performer to your portfolio.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 7
Bathrooms: 5
County: Cook
High School: Maine South High School
Listed By:
Charles Rutenberg Realty of IL 630-929-1100
MRED MLS
$849,000
Est. $5,394/mo
7beds
5baths
3cars
Active
BEDS7 BATHS5 full MLS#12607821
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 207

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1121 N Northwest Highway, Park Ridge, IL 60068.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $849,000$849,000$849,000
Down Payment $169,800$29,715$212,250
Monthly Mortgage Amount $3,964$5,065$5,161
Taxes $1182$1182$1182
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$373$0
Monthly Estimated Total $5,394$6,868$6,591

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