Park Ridge, IL, Real Estate
Park Ridge, Illinois, is a vibrant suburban city located just northwest of Chicago, with a population of approximately 39,000 as of the 2020 census. Known for its tree-lined streets, historic homes, and strong community spirit, Park Ridge offers a blend of small-town charm and urban accessibility. The city boasts a lively downtown area with boutique shops, restaurants, and the iconic Pickwick Theatre, a historic Art Deco landmark. Park Ridge is also home to excellent schools, numerous parks, and cultural events like the annual Taste of Park Ridge festival, making it a desirable place for families and professionals seeking a balance of suburban tranquility and proximity to Chicago’s bustling city life.
Park Ridge currently has 69 single family homes for sale with an average list price of $827,173.17, 9 townhouses for sale with an average list price of $578,876.56, 19 condos for sale with an average list price of $355,642.11, and 6 lots for sale with an average list price of $926,500. The average annual property tax for Park Ridge is $9,706.42.
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Schools
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Park Ridge, i.e. what's hot and what's not.
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Recent Sales
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Train Stations
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Address |
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Dee Road |
Line(s): Union Pacific / Northwest Line (UP-NW) |
950 Busse Hwy., Park Ridge |
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Park Ridge |
Line(s): Union Pacific / Northwest Line (UP-NW) |
100 Summit Ave., Park Ridge |
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Train Stations
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Buildings/Subdivisions
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Buildings/Subdivisions |
Median Price |
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1019 Peterson is a condo building in Park Ridge, Illinois, built in 1970. It currently has no homes for sale. 1019 Peterson Avenue is a 12 unit condo building built in the 1960's. 1019 Peterson Avenue is located in Park Ridge, Illinois west of Cumberland Avenue.
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1021 W. Peterson is a condo building in Park Ridge, Illinois, built between 2007 and 2008. It currently has no homes for sale. The HOA fees range from $305 to $305 per month. The average annual property tax for 1021 W. Peterson is $6,983.09. It is located in Cook County. 1021 W. Peterson is a 16 unit condo building built in 2007. 1021 W. Peterson is located in Park Ridge, Illinois north of Higgins Road and west of Cumberland Avenue.
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Median Price: $385,000 |
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1041 N. Northwest is a condo building in Park Ridge, Illinois, built in 1969. It currently has no homes for sale. The HOA fees range from $495 to $495 per month. The average annual property tax for 1041 N. Northwest is $3,588.21. It is located in Cook County. 1041 N. Northwest Highway is a 10 unit condo building built in the late 1960's. 1041 N. Northwest Highway is located in Park Ridge, Illinois.
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Median Price: $175,000 |
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1419 W. Touhy is a condo building in Park Ridge, Illinois. It currently has no homes for sale. It is located in Cook County. 1419 W. Touhy Avenue is a 12 unit condo building built in the 1920's. 1419 W. Touhy Avenue is located in Park Ridge, Illinois west of Greenwood Avenue.
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170 N. Northwest is a subdivision in Park Ridge, Illinois. It currently has no homes for sale. 170 N. Northwest Highway is a condominium built in 2007. 170 N. Northwest Highway is located in Park Ridge, Illinois north of Touhy Avenue.
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Show all 70 Buildings/Subdivisions
Buildings/Subdivisions
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Market Trends
Park Ridge home sales for the month of August decreased in volume by 51.2% when compared to last year, while the median sale price decreased by 1.2% from $642,500 to $635,000. House sales decreased by 61.1%, while the median sale price rose by 3.2% from $713,000 to $736,000. Condo sales decreased by 33.3%, while the median sale price rose by 1.4% from $315,450 to $320,000. Townhouse sales rose by 200%, while the median sale price rose by 5.4% from $560,000 to $590,000.
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761
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583
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441
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436
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2021 |
2022 |
2023 |
2024 |
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$463,000
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$489,000
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$501,000
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$535,000
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2021 |
2022 |
2023 |
2024 |
Median Sale Price for Park Ridge
Number of Sales for Park Ridge
Market Trends
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Nearby Parks
801 West Glenlake Avenue
Baseball Diamonds
Playground
Soccer Fields
Softball Fields
100 South Western Avenue
Baseball Diamonds
Hiking Paths
Picnic Area
Playground
Soccer Fields
Softball Fields
Swimming Pool
101 North Cumberland Avenue
Busse Highway and Elm Street
Baseball Diamonds
Basketball Courts
Hiking Paths
Picnic Area
Playground
Restrooms
Skate Park
Soccer Fields
Softball Fields
Tennis Courts
Volleyball Courts
101 South Courtland Avenue
1515 South Washington Street
Baseball Diamonds
Basketball Courts
Playground
Soccer Fields
Softball Fields
Tennis Courts
2701 West Sibley Street
Baseball Diamonds
Fishing
Hiking Paths
Picnic Area
Playground
Restrooms
Soccer Fields
1502 North Northwest Highway
302 North Ashland Parkway
1101 North Chester Avenue
Basketball Courts
Playground
Soccer Fields
1400 North Western Avenue
Hiking Paths
Playground
Soccer Fields
801 North Washington Avenue
Basketball Courts
Playground
Soccer Fields
Tennis Courts
1200 North Dee Road
Baseball Diamonds
Basketball Courts
Ice Skating Rink
Playground
Soccer Fields
8100 North Ozark Avenue
Baseball Diamonds
Picnic Area
Playground
Softball Fields
Tennis Courts
2800 West Oakton Street
Dog Park
Golf
Ice Skating Rink
733 N. Prospect Avenue
Field
Hiking Paths
Playground
Restrooms
Spray Park
501 West Belle Plaine Avenue
400 South Washington Avenue
Basketball Courts
Playground
833 West Talcott Road
Baseball Diamonds
Ice Skating Rink
Playground
Soccer Fields
Tennis Courts
1600 South Lincoln Avenue
Baseball Diamonds
Basketball Courts
Picnic Area
Playground
Soccer Fields
Softball Fields
1200 North Western Avenue
Basketball Courts
Ice Skating Rink
Picnic Area
Playground
Soccer Fields
Tennis Courts
Show all 25 parks
Nearby Parks
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Nearby Golf Courses
636 N Prospect Ave, Park Ridge, IL 60068
Par 70 • 70 holes • 6517 yards
Nearby Golf Courses
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Real Estate News
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Park Ridge had 9 sales during the week of Tuesday, September 2 to Monday, September 8, including including 6 single family homes for sale with an average list price of ...
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Park Ridge had 6 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 30 to Friday, September 5, including 4 ...
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Park Ridge had 18 new homes for sale during the week of Friday, August 29 to Thursday, September 4, including including 13 single family homes for sale with an average ...
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Park Ridge had 2 new construction homes during the week of Wednesday, August 27 to Tuesday, September 2, including 2 single family homes for sale with an average list price ...
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Park Ridge had 6 sales during the week of Tuesday, August 26 to Monday, September 1, including including 5 single family homes for sale with an average list price of ...
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Real Estate News
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