2 months on rocket

518 N Washington Ave, Park Ridge, IL, 60068

$1,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
5,445 SqFt
$275/SqFt
House

Location

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518 N Washington Ave, Park Ridge$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Alley, Side Apron
Garage2 spaces
Year Built1994
HeatingNatural Gas, Forced Air
CoolingCentral Air, Zoned
BasementYes
WaterfrontFencing
FireplaceWood Burning, Gas Starter
MLS #12091242
Lot Size0.19 Acres
StatusActive

About 518 N Washington Ave

A perfect price for a ready to move-into, perfect home. A 100% complete gut rehab that reads as new construction. Spanning across 3 levels, this beautiful brick home has 5 bedrooms, 3.5 Baths, and 5,500 sqft of living space. A rare find in the heart of the coveted Country Club corner of Park Ridge. A masterful renovation designed with vision to wow even the pickiest of buyers. The main level has a refined formal living and dining rooms, secluded home office, maxed out brand new laundry room with a chute from above, a comfy family room with gas/wood fireplace, and a stunningly stylish and ultra sophisticated chefs kitchen with white stone topped waterfall counters, sleek new up-opening cabinetry, new Miele induction cooktop and steam oven, Sub-Zero refrigerator, retractable sunken hood/vent, instant hot water tap, provisions pantry, side bar with separate wine and beverage coolers, and swanky deco lighting fixtures to garnish the room. Bring breakfast to the smartly designed nook that overlooks the yard, where you can entertain on your wonderful deck with built-in retractable canopy awnings. Park 2 cars in the garage and two more on the pad (basketball court?) Back at the front of the home you will find the dark chocolate floors contrast divinely with the soft whites of the walls and trim and pull you up the winding stairs beneath the chandelier in the foyer to the second floor where you find four large bedrooms, including the enormous primary bedroom suite that boasts a private walk-in closet, a sexy fireplace, and a modern dream bathroom oasis. Now for the bonus level! The lower floor has a dynamic recreation area with room for all your toys, games, flat screens, poker tables, pool tables, Ping-Pong, pinball, wet bar, and home theater. Oh, yeah, there are sliding walls that reveal a private gym/yoga/dance studio too. All the mechanicals are new. Everything is done. Stroll to Uptown, Pickwick, ZaZa Cucina, and Blufish Sushi. Move into this Magic home before the end of summer!

Property Details

Property Features

Property Information:

  • Year Built: 1994
  • Living Area: 5,445 SqFt

Listing Office:

  • Office Name: The Wilcox Company
  • Office Phone: (773) 583-0800
  • Listing Agent: Joseph Wilcox

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Cooler, Cooktop, Oven, Range Hood
  • Basement: Yes
  • Interior: Skylight(s), Bar-Wet, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Ceilings - 9 Foot
  • Fireplace: Wood Burning, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Deck, Storms/Screens

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Off Alley, Side Apron

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Maine South High School, Public District Grades 9-12
  • Emerson Middle School, Public District Grades 6-8
  • Eugene Field Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Southeast of Uptown Park Ridge. Touhy to Washington North to 518. Country Club Section.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $275/SqFt

Tax Information:

  • Annual Amount: $21,632
  • 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

$540.2K

Med. Price/SqFt

$268

Avg. Days On Market

20

# of Sold Homes

44

518 N Washington Ave vs Park Ridge

84 DAYS ON ROCKET

+64 Days

$1,495,000

+$954.7K More

$275/SqFt

+$6 More

KEY TAKEAWAY

This property is $954.7K more than the Median Sold Price and $6/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: #12091242

Listing Office:

  • Office Name: The Wilcox Company
  • Office Phone: (773) 583-0800
  • Listing Agent: Joseph Wilcox

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

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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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/16/2024, 2:15:55 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

Feb 10, 2021Home Sold
$870,000
Jul 16, 2018Home Sold
$830,000
Oct 14, 2005Home Sold
$582,500

Tax History

YEARPROP. TAXASSESSMENT
2019$21,632$83,000
2018$20,528$75,170
2017$22,932$83,852

History based on county public records data.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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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.

Elementary School

school-card-donut-2331555
7
/10

  • Eugene Field Elementary School

  • 707 Wisner St

  • 0.22 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2331556
6
/10

  • Emerson Middle School

  • 8101 N Cumberland Ave

  • 0.66 miles

  • Public District Grades 6-8

High School

school-card-donut-2331557
10
/10

  • Maine South High School

  • 1111 S Dee Rd

  • 1.75 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,769. Typical income of Park Ridge, IL residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 N Washington Ave

What is the listing price of this property?

The listing price of 518 N Washington Ave property is $1,495,000.

What type of property is this?

The property 518 N Washington Ave is a house located in Park Ridge, Illinois, 60068.

Is this property for sale now?

Active Listing: 518 N Washington Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 518 N Washington Ave are:
Eugene Field Elementary School: GreatSchools Rating 7/10
Emerson Middle School: GreatSchools Rating 6/10
Maine South High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $21,632 (source: MLS/based on county public records data).

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

The last sale was on February 10, 2021 for $870,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 N Washington Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 518 N Washington Ave is 5,445 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 N Washington Ave is 1994.

Rocket Homes›Illinois›Cook County›Park Ridge›60068›518 N Washington Ave

This home is located at 518 N Washington Ave in Park Ridge, IL and zip code 60068 in the Blacks neighborhood. This 5,445 square foot home, which was built in 1994, sits on a 0.19 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $1,495,000.

In August 2024 more than 15 listings in Park Ridge, IL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 24 were sold below. Between July 2024 and August 2024, Park Ridge, IL real estate market has seen increase in the number of listings by 6.9%. The median list price of listings available in August 2024 was $540,211, while the average time on the real estate market was 20 days.

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

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