new - 3 days on rocket

109 Murphy Lake Rd, Park Ridge, IL, 60068

$2,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
4,776 SqFt
$523/SqFt
House

Location

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109 Murphy Lake Rd, Park Ridge$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1981
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air, Zoned
WaterfrontBeach, Lake Front, Water View, Lake Access, Waterfront
FireplaceWood Burning, Gas Starter, Includes Accessories
MLS #12265234
Lot Size1.30 Acres
StatusActive
(New)

About 109 Murphy Lake Rd

Experience the thorough drone video highlighting the entirety of the property under "virtual tour" and on YouTube. "Park Ridge Peninsula" is an unparalleled waterfront retreat that redefines modern luxury. Perched on a private 1.3-acre lake peninsula with 370 ft of frontage, this architectural masterpiece offers resort-style living just minutes from Park Ridge and Chicago. Arrive via a private road leading to an expansive front yard and a heated 600 sq. ft. garage with skylights that create a showroom ambiance. Inside, the home boasts 17-ft ceilings, hardwood floors, and natural light flooding through large windows and skylights. Nearly every room offers breathtaking lake views, enhancing the sense of tranquility. The gourmet kitchen features custom cabinetry, quartz countertops, and an oversized island under a skylight, alongside a breakfast area with unobstructed lake views. The living spaces include a grand dining area with art niches, a cozy family room with a wet bar and fireplace, and a stunning 670+ sq. ft. living room with 270-degree water views. The split floor plan ensures privacy, with four spacious bedrooms on one wing. The primary suite is a sanctuary, complete with a spa-like bathroom, dual dressing rooms, and private garden access for outdoor yoga or stargazing. A guest suite doubles as an office or gym, offering flexibility for modern living. Outside, the wrap-around patio invites entertaining, while the lake provides year-round activities like fishing, ice skating, and water sports. Surrounded by forest preserve yet close to urban amenities, this residence combines the serenity of a private island with the convenience of city living.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Ranch
  • Year Built: 1981
  • Living Area: 4,776 SqFt

Listing Office:

  • Office Name: KOMAR
  • Office Phone: (847) 737-5037
  • Listing Agent: Khrystyna Patel

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Cooler, Cooktop, Range Hood
  • Basement: No
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Ceiling - 10 Foot, Center Hall Plan, Open Floorplan, Atrium Door(s), Granite Counters, Separate Dining Room
  • Fireplace: Wood Burning, Gas Starter, Includes Accessories

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach, Lake Front, Water View, Lake Access, Waterfront
  • Exterior: Deck, Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 109 Murphy Lake Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Beach, Waterfront, Riparian Water Rights, Views, Trees, Outdoor Lighting
  • Lot Size: 1.30 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Hwy 294 right to Touhy Ave left to N Talcott Rd right to Murphy Lake Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $523/SqFt

Tax Information:

  • Annual Amount: $22,221
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Park Ridge, IL.

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Park Ridge, IL

City

Med. Sold Price

$540.6K

Med. Price/SqFt

$279

Avg. Days On Market

33

# of Sold Homes

31

109 Murphy Lake Rd vs Park Ridge

3 DAYS ON ROCKET

-30 Days

$2,500,000

+$1.9M More

$523/SqFt

+$244 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $244/SqFt more than other homes in Park Ridge, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12265234

Listing Office:

  • Office Name: KOMAR
  • Office Phone: (847) 737-5037
  • Listing Agent: Khrystyna Patel

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2025 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/9/2025, 4:16:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 29, 2007Home Sold
$2,300,000
May 11, 2005Home Sold
$1,878,000

Tax History

YEARPROP. TAXASSESSMENT
2019$22,221$85,259
2018$30,763$107,500
2017$27,252$107,500

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1509663
6
/10

  • George B Carpenter Elementary School

  • 300 N Hamlin Ave

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-1509664
6
/10

  • George Washington Elementary School

  • 1500 Stewart Ave

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-1509665
2
/10

  • Orchard Place Elementary School

  • 2727 Maple St

  • 1.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,786. Typical income of Park Ridge, IL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 109 Murphy Lake Rd

What is the listing price of this property?

The listing price of 109 Murphy Lake Rd property is $2,500,000.

What type of property is this?

The property 109 Murphy Lake Rd is a house located in Park Ridge, Illinois, 60068.

Is this property for sale now?

Active Listing: 109 Murphy Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $22,221 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 29, 2007 for $2,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 109 Murphy Lake Rd has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 109 Murphy Lake Rd is 4,776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 109 Murphy Lake Rd is 1981.

Rocket Homes›Illinois›Cook County›Park Ridge›60068›109 Murphy Lake Rd

This home is located at 109 Murphy Lake Rd in Park Ridge, IL and zip code 60068 in the Ann Murphy Estates neighborhood. This 4,776 square foot home, which was built in 1981, sits on a 1.30 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $2,500,000.

While more than 4 listings in Park Ridge, IL in December 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 25 were sold below. Between November 2024 and December 2024, Park Ridge, IL real estate market has seen decrease in the number of listings by 7.5%. The median list price of listings available in December 2024 was $540,666, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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