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1440 Higgins Rd 2.19 Acres of Commercial Land Offered at $5,580,800 CAD in Park Ridge, IL 60068
INVESTMENT HIGHLIGHTS
- Zoning supports hotel, medical, retail, office, senior housing and more
- Walkable to CTA Blue Line – Cumberland Station
- Nearby Amenities - Across from Chicago O’Hare Marriott; minutes to O’Hare Airport, Rosemont Convention Center, and Fashion Outlets Mall
- Premier visibility at Higgins Rd & East River Rd, near I-90/Cumberland interchange
- Traffic Counts: Higgins Rd – 24,664 ADT; I-90 – 238,000+ ADT
- Development Potential: Previously approved for 108-room TRU by Hilton; potential assemblage with adjacent parcels
EXECUTIVE SUMMARY
Strategically situated in the highly developed Park Ridge/O’Hare corridor, this prime parcel offers unmatched connectivity and development flexibility. The site is ideal for hotel, senior housing, medical office, retail, or other commercial uses. With over 24,000 vehicles passing daily on Higgins Road and more than 238,000 on nearby I-90, the location ensures maximum exposure. Surrounded by Class A office buildings, restaurants, and retail centers, and walkable to public transit, this property presents a rare opportunity for impactful development in one of Chicago’s most dynamic submarkets. *The property is being sold in "as is, where is" condition.
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- Market Information
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $5,580,800 CAD | Lot Size | 2.19 AC |
| Price Per AC | $2,548,310.53 CAD |
| Price | $5,580,800 CAD |
| Price Per AC | $2,548,310.53 CAD |
| Lot Size | 2.19 AC |
High-visibility 2.19-acre site on Higgins Rd in Park Ridge, IL. Zoned B-2, ideal for hotel, retail, or senior housing. Previously approved for 108-room TRU by Hilton. Near I-90, I-294, O’Hare, and the CTA Blue Line. Vacant land.
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PROPERTY TAXES
| Parcel Number | 12-02-300-107-0000 | Improvements Assessment | $29,565 CAD |
| Land Assessment | $581,039 CAD | Total Assessment | $610,603 CAD |
PROPERTY TAXES
Parcel Number
12-02-300-107-0000
Land Assessment
$581,039 CAD
Improvements Assessment
$29,565 CAD
Total Assessment
$610,603 CAD
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1440 Higgins Rd
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