Buy or Sell a Business in Park Ridge, Illinois

Your complete guide to business transactions in an affluent northwest suburb. Charming Uptown district, strong community, and O'Hare proximity.

Park Ridge Business Market at a Glance

38K
Population
1,700+
Total Businesses
$335K
Avg. Sale Price
8 mo
Median Time to Sell

Park Ridge Economic Overview

Park Ridge is an affluent suburb bordering Chicago's northwest side, known for its charming Uptown district, excellent schools, and strong community identity. The city offers a small-town feel with big-city accessibility, including proximity to O'Hare Airport.

Uptown Park Ridge features local shops, restaurants, and services in a walkable downtown setting. The community's high household incomes support premium retail and dining. Park Ridge's location on the Chicago border provides access to both suburban and urban customers, while Metra service connects to downtown Chicago.

Park Ridge Business Market Data

MetricValue
Population37,480
Median Household Income$120,000+
Total Businesses1,700+
Average Business Sale Price$335,000
Median Time to Sell8 months
Top IndustriesRestaurants, Retail, Healthcare, Professional Services, Personal Services
RegionChicagoland (Northwest Suburbs)

Selling a Business in Park Ridge

Park Ridge Seller Advantages

  • Affluent market: High household incomes
  • Uptown district: Charming walkable downtown
  • Strong community: Loyal local customers
  • Chicago border: Urban accessibility

Buying a Business in Park Ridge

Park Ridge Buyer Advantages

  • Premium customers: High spending power
  • Established district: Proven business locations
  • O'Hare proximity: Airport-related opportunities
  • Metra access: Chicago connectivity

Park Ridge Business Resources

Ready to Buy or Sell in Park Ridge?

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