Chicago · Commercial sale
Commercial property at 2 N Northwest Hwy in Park Ridge sells for $26.4 million
A commercial property at 2 N Northwest Hwy, Park Ridge sold for $26,400,000 on June 23, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $26,400,000
- Sold
- June 23, 2026
- Property type
- Commercial property
- Lot size
- 119,167 sq ft
A commercial property at 2 N Northwest Hwy in Park Ridge sold for $26,400,000, or 3.4 times the $7,663,952 market value on record, according to the Cook County Assessor's sales records. The sale closed June 23, 2026.
The deed conveys 2 parcels, and 2 N Northwest Hwy is the largest one identified. The Assessor's records show a 2.74-acre lot.
An aerial photo of the property shows that it sits at a street corner.
What this sale costs to close
What does closing cost at this price? Under Cook County custom the seller's larger charges are $54,275 for the owner's title insurance policy and $52,800 for the park Ridge transfer tax. The seller's estimated net is $25,987,686 before brokerage commissions and any loan payoff. A cash buyer would need about $26,137,218 at closing.
Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2619008069. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
