Wednesday, December 11, 2019

Shopping Park Ridge homes... what's the ceiling height?

Low basement ceiling or tall Bob??
We were out over the gloomy weekend looking at Park Ridge single family homes.  These particular buyer clients are looking for great lot size and "value add".  They've smartly improved all their past properties! Let's take a look at Park Ridge single family home sales over the last twelve months.

We checked out 500 N Prospect for it's large 100' x 200' lot, great location and potential to improve the home.

Park Ridge single family home sales January 1st - December 10th.

449 single family homes have closed so far in Park Ridge (recorded on The median price of a house is about $430,000. The highest priced sold house is 410 S Prospect Avenue for $1,347,500. The 6,000 sq/ft twelve year old custom build is near downtown and features six bedrooms.  The lowest priced sold home is 2813 Oakton Street for $192,000 in a cash deal.  This single floor three bedroom ranch sits on a 44' wide lot but does not have a basement.

The house has an appealing farmhouse look on a ridiculously spacious  lot near the downtown Park Ridge. 
Over the same period of 2018 about 446 homes sold with a median price of $455,000.
In 2017, 470 homes sold with a median price of $450,000.  Going back a few more years to 2014, 389 single family homes sold with a median price of $399,900 over the January 1st to December 10th time frame.

We help our city clients relocate to the suburbs (if they must!). Contact us to buy or sell your next home in Chicago or the surrounding suburbs.

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