Multifamily Housing
515 Summit Avenue Park Ridge, IL 60068
Details & Description
Price: $1,999,900
    Luxury 4 unit building in great location !! New construction in 2017. Units offer a little under 2000 s.f. of upscale open concept space. Hardwood floors throughout! 3 units w/3 beds, 2 baths. 1 unit is 2 beds/2 baths. Private elevator entry to your new home. Gas fireplace in the LR & DR, that opens to the kitchen w/an oversized Quartz island, custom cabinets, stainless steel appliances & a farm sink. Spacious private balcony, for your outdoor enjoyment accessible from living room and 3rd bedroom. The 13'x9' master bath w/soaking tub, separate shower & double bowl sink was created to be your own personal oasis! Master bedroom has a 9'x5' walk in closet & access to 2nd private balcony. Laundry/mud room off the back entrance. Location cannot be beat! Walk to all that uptown Park Ridge has to offer! Restaurants, bars, shopping, The Pickwick Theater and Metra! OR to Edison Park's restaurants, shops and Metra. It's the best of both worlds right at your front door. Plus award winning Park Ridge Schools! No issues with parking - each unit comes with a garage spot and an exterior spot. In addition there is tons of street parking available. The garage is extra high to allow room for storage. Great investment opportunity !
    Property Highlights
     Close to Uptown Shopping district
     New Construction
    Listing Agents
    David Piotrowski
    KW Commercial
    O: 773-349-4337
    M: 847-630-0868
    dpiotrowski@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    515 Summit Avenue

    Park Ridge, IL 60068

    Listing ID: 272157
    • 515 Summit Avenue Park Ridge, IL 60068 | for Sale | Photo 1
    • 515 Summit Avenue Park Ridge, IL 60068 | for Sale | Photo 2
    • 515 Summit Avenue Park Ridge, IL 60068 | for Sale | Photo 3
    515 Summit Avenue | for Sale | Thumbnail 1
    515 Summit Avenue | for Sale | Thumbnail 2
    515 Summit Avenue | for Sale | Thumbnail 3
    Building Size: 7,325 SF
    Lot Size: 0.208 AC
    Land Size: 9,060 SF
    Building $/SF: $273.02
    Land $/SF: $220.74
    Price
    $1,999,900
    Property Highlights
    New Construction
    Close to Uptown Shopping district
    Description

    Luxury 4 unit building in great location !! New construction in 2017. Units offer a little under 2000 s.f. of upscale open concept space. Hardwood floors throughout! 3 units w/3 beds, 2 baths. 1 unit is 2 beds/2 baths. Private elevator entry to your new home. Gas fireplace in the LR & DR, that opens to the kitchen w/an oversized Quartz island, custom cabinets, stainless steel appliances & a farm sink. Spacious private balcony, for your outdoor enjoyment accessible from living room and 3rd bedroom. The 13'x9' master bath w/soaking tub, separate shower & double bowl sink was created to be your own personal oasis! Master bedroom has a 9'x5' walk in closet & access to 2nd private balcony. Laundry/mud room off the back entrance. Location cannot be beat! Walk to all that uptown Park Ridge has to offer! Restaurants, bars, shopping, The Pickwick Theater and Metra! OR to Edison Park's restaurants, shops and Metra. It's the best of both worlds right at your front door. Plus award winning Park Ridge Schools! No issues with parking - each unit comes with a garage spot and an exterior spot. In addition there is tons of street parking available. The garage is extra high to allow room for storage. Great investment opportunity !

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Park Ridge Area Market Trends

    Listing Demographics for 515 Summit Avenue Park Ridge, IL 60068

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population23,967164,529471,444
    Population Median Age424241
    Population by Age0-9 Yrs3040 (12%)18717 (11%)53874 (11%)
    10-19 Yrs2934 (12%)17005 (10%)52162 (11%)
    20-29 Yrs2090 (8%)17782 (10%)51123 (10%)
    30-39 Yrs2570 (10%)20787 (12%)63163 (13%)
    40-49 Yrs3351 (13%)20991 (12%)61620 (13%)
    50-59 Yrs3770 (15%)25279 (15%)69282 (14%)
    60-69 Yrs2960 (12%)20115 (12%)58798 (12%)
    70+ Yrs3253 (13%)23852 (14%)61422 (13%)
    Median HH Income$109,808$82,900$75,247
    Total Household Income< 24K1179 (12%)9343 (14%)27992 (15%)
    25-49K1010 (10%)10282 (16%)31951 (18%)
    50-74K1031 (10%)9710 (15%)28082 (15%)
    75-99K1109 (11%)8681 (13%)23456 (13%)
    100-199K2921 (30%)18250 (28%)48104 (27%)
    200K+2231 (23%)7891 (12%)16931 (9%)
    Highest Education LevelNo Diploma665997633551
    Diploma or GED29712766782093
    Some College31482261164102
    Assoc. Degree951940427097
    Bachelors Degree53583256086427
    Higher Degree40151939350297
    Total Housing Units10,08368,419189,081
    --Owner-Occupied7,84048,031127,002
    --Renter-Occupied1,64216,12649,513
    Owner-Occupied Values< 100K14917856098
    100-199K631502618499
    200-299K9081186038272
    300-399K18311405133637
    400-499K1850745014734
    500K+2471785915762
    Total Working Age Population19,008135,345386,142
    In Work Force12,48085,878247,564
    Not In Work Force6,52849,467138,577
    Workforce Employed12,17882,872237,623
    Workforce Unemployed3032,9619,731
    Civlian Workforce12,48085,833247,355
    Military Workforce045210
    Total Households9,48164,157176,515
    Family Households6,36042,679119,387
    Non-Family Households3,12121,47857,128
    Married Couple5,58934,47993,663
    Other Family7728,20025,724
    Married w/Child2,48713,80738,178
    Single Male w/Child677282,386
    Single Female w/Child2212,2706,955

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    DuPage County904,161+1916,924+101,010,323+21,034,039

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 515 Summit Avenue in Park Ridge?
    The asking price for 515 Summit Avenue is $1,999,900
    What is the building size of this Multifamily property in Park Ridge, IL?
    The size of the building/unit at 515 Summit Avenue in Park Ridge is 7,325 square feet
    How much land does the Park Ridge, IL property at 515 Summit Avenue include?
    515 Summit Avenue in Park Ridge includes 0.208 acres of land
    What is the population within 1 mile of 515 Summit Avenue in Park Ridge?
    The population within 1 mile of 515 Summit Avenue Park Ridge, IL 60068 is 23,967 people.
    Who do I contact for questions about 515 Summit Avenue?
    You should contact the listing agent, David Piotrowski, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 5
    Chicago Midway International Airport (MDW) 16
    General Mitchell International Airport (MKE) 65
    Price
    $1,999,900
    Listing Agent
    More listings from David Piotrowski
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