OFF MARKET

Off Market May 2024 for $405K

$522,363

Est. refi paymentEst. refi $2,641/mo

Land

•

10,480

sq ft (lot)

2316 Oak Tree Ln, Park Ridge, IL 60068

About this home

Build your own dream home on this large 80x131 (10,480 square feet) lot. Very desirable, residential street in the Park Ridge Manor. Unique opportunity to buy a bundle package that includes the land PLUS initial construction steps to help get started. These items have already been taken care of and are included in the purchase price: architectural building plans and 3D rendering of home that can be customized, site survey, active city of Park Ridge permits, soil test, demolition, landscaping, gas and meter pipe removal, and lot fencing. Continue building your dream home just in time to break ground this spring.

Vacant landProperty Type

10,480 sq ftLot Size

$50Est. Price/Sq.Ft.

Listed by Liana Madura • @properties Christie's International Real Estate

Bought with George Broustis • Jameson Sotheby's International Realty

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12040835

Redfin Estimate

$522,363

$117K since sold in May 2024$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.9% higher than the average sale price ($447K) of 6 comparable homes.

SOLD MAR 6, 2026
$430,000
A
3 beds2 baths1,575 sq ft
832 Sylviawood Ave, Park Ridge, IL 60068
SOLD APR 20, 2026
$410,000
B
3 beds1.5 baths1,655 sq ft
1750 Potter Rd, Park Ridge, IL 60068
SOLD JUL 30, 2026
$410,000
C
3 beds1 bath1,410 sq ft
817 Rowe Ave, Park Ridge, IL 60068
SOLD MAR 6, 2026
$485,000
D
3 beds1.5 baths1,500 sq ft
2818 Farrell Ave, Park Ridge, IL 60068
SOLD DEC 23, 2025
$485,000
E
3 beds1.5 baths1,577 sq ft
1717 Elliott Ct, Park Ridge, IL 60068
SOLD MAR 30, 2026
$460,000
F
3 beds2.5 baths1,334 sq ft
1913 Rancho Ln, Des Plaines, IL 60016

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$185,573

Est. take-home

List your home with Redfin and save $2,612

Market trends in 60068, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.8%

+0.1% MoM

Median sale price

$695K

$20K MoM

Avg. days on market

44d

1 days MoM

Recently sold homes

150

21 MoM

New listings for sale

NEW 14 HRS AGO
$214,900
2 beds2 baths— sq ft
200 Thames Pkwy Unit 1K, Park Ridge, IL 60068
NEW
$2,250,000
4 beds4 baths3,177 sq ft
432 N Ashland Ave, Park Ridge, IL 60068
EARLY ACCESS
$700,000
4 beds3 baths1,762 sq ft
2500 Woodland Ave, Park Ridge, IL 60068
$2,499,000
4 beds4 baths— sq ft
130 N Dee Rd, Park Ridge, IL 60068
$169,990
1 bed1 bath— sq ft
2500 Windsor Mall Unit 2D, Park Ridge, IL 60068
$724,000
4 beds3.5 baths3,600 sq ft
120 Boardwalk Pl #120, Park Ridge, IL 60068
$800,000
3 beds2.5 baths6,500 sq ft
221 East Ave, Park Ridge, IL 60068
$164,900
1 bed1 bath750 sq ft
2010 S Crescent Ave Unit 2-C, Park Ridge, IL 60068
$899,900
4 beds3.5 baths3,000 sq ft
1829 S Crescent Ave, Park Ridge, IL 60068
$659,000
4 beds2 baths1,925 sq ft
389 Michael John Dr, Park Ridge, IL 60068
See all

Provided by Redfin

Sale history for 2316 Oak Tree Ln

Date

Event

Price

MRED as Distributed by MLS Grid #12040835

May 29, 2024

Sold (MLS) (Closed)

$405,000

May 20, 2024

Pending

—

May 8, 2024

Contingent (Contingent - No Showings)

—

Apr 28, 2024

Listed (Active)

$429,900

Public Records

Jun 16, 2023

Sold

$360,000

MRED as Distributed by MLS Grid #07882684

Aug 20, 2011

Listing Removed

—

Aug 17, 2011

Listed (New)

Public Records

May 31, 2007

Sold

$505,000

MRED as Distributed by MLS Grid #06407835

May 1, 2007

Listing Removed

—

Feb 11, 2007

Listed

MRED as Distributed by MLS Grid #06400074

Apr 2, 2007

Listing Removed

—

Feb 2, 2007

Listed

** Price available after signing in.

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2023

$6,800 (−11.5%)

$10,480 + $14,573

$25,053

2022

$7,686 (+36.7%)

$10,480 + $19,075

$29,555

2021

$5,621 (+4.1%)

$8,384 + $10,099

$18,483

2020

$5,398 (−0.3%)

$8,384 + $10,099

$18,483

2019

$5,413 (−19.0%)

$8,384 + $12,384

$20,768

2018

$6,682 (+0.4%)

$7,336 + $16,013

$23,349

2017

$6,653 (−4.8%)

$7,336 + $16,013

$23,349

2016

$6,991 (−2.3%)

$7,336 + $18,144

$25,480

2015

$7,155 (+14.7%)

$6,026 + $17,174

$23,200

2014

$6,237 (+5.9%)

$6,026 + $17,174

$23,200

2013

$5,891 (−7.4%)

$6,026 + $17,174

$23,200

2012

$6,360 (−8.4%)

$7,074 + $21,427

$28,501

2011

$6,947 (+0.6%)

$7,074 + $24,812

$31,886

2010

$6,904 (−7.2%)

$7,074 + $24,812

$31,886

2009

$7,439 (−6.2%)

$7,336 + $29,992

$37,328

2008

$7,933 (+0.1%)

$11,737 + $30,681

$42,418

2007

$7,923

$11,737 + $30,681

$42,418

Tax history for 2316 Oak Tree Ln

Year

Property tax

Land + Additions

Assessment*

2023

$6,800 (−11.5%)

$10,480 + $14,573

$25,053

2022

$7,686 (+36.7%)

$10,480 + $19,075

$29,555

2021

$5,621 (+4.1%)

$8,384 + $10,099

$18,483

2020

$5,398 (−0.3%)

$8,384 + $10,099

$18,483

2019

$5,413 (−19.0%)

$8,384 + $12,384

$20,768

2018

$6,682 (+0.4%)

$7,336 + $16,013

$23,349

2017

$6,653 (−4.8%)

$7,336 + $16,013

$23,349

2016

$6,991 (−2.3%)

$7,336 + $18,144

$25,480

2015

$7,155 (+14.7%)

$6,026 + $17,174

$23,200

2014

$6,237 (+5.9%)

$6,026 + $17,174

$23,200

2013

$5,891 (−7.4%)

$6,026 + $17,174

$23,200

2012

$6,360 (−8.4%)

$7,074 + $21,427

$28,501

2011

$6,947 (+0.6%)

$7,074 + $24,812

$31,886

2010

$6,904 (−7.2%)

$7,074 + $24,812

$31,886

2009

$7,439 (−6.2%)

$7,336 + $29,992

$37,328

2008

$7,933 (+0.1%)

$11,737 + $30,681

$42,418

2007

$7,923

$11,737 + $30,681

$42,418

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

10,480 Sq. Ft.

Year renovated

—

Sq. Ft.

960

Year built

1949

Style

Single Family Residential

County

Cook County

APN

09221150180000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 11, 2026.

R-1

Single-Family Residential District

The R-1 Single-Family Residential District is intended to create a low density environment of single-family homes located upon larger sites than the typical single-family lot size for such housing within the community, where the maintenance of adequate open space is seen as essential to the preservation of the unique residential character. Limited non-residential uses that are compatible with surrounding residential neighborhoods may be permitted.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit

Aug 15, 2026 • Active

Single family - solar pv panel

Install a photovoltaic solar system and an energy storage system.

Electrical

Solar

Dec 20, 2025 • Final

Single family - new

Construct a new single-family home with an attached garage.

New construction

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Exterior

Property Information
Property Type: Land
Ownership: Fee Simple
General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
Parcel Number: 09221150180000

Land Information
Building(s) on Land: No
Approx Land Sq Footage: 10,480

Lot Information
Dimensions: 80X131
Lot Size: Less Than .25 Acre
Frontage Type: City Street
Frontage Length: 80
Zoning: SINGL
Road Surface Type: Asphalt

Financial

Tax Information
Tax Annual Amount: $7,686.17
Tax Year: 2022

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal

Location

School Information
Elementary School District: 64
Elementary School: Franklin Elementary School
Middle Or Junior School District: 64
Middle Or Junior School: Emerson Middle School
High School District: 207
High School: Maine South High School

Location Information
Subdivision Name: Manor
Township: Maine
Corporate Limits: Park Ridge
Directions: Dee Road North of Northwest Highway to Oak Tree Lane West to House

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 960
Stories: 1.0
Lot Size: 10,480 square feet
Style: Single Family Residential
Year Built: 1949
Year Renovated: —
County: Cook County
APN: 09221150180000

Home facts updated by county records on Jul 11, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

Franklin Elementary School

Public K-5 • Assigned • 0.2mi

10/10

Emerson Middle School

Public 6-8 • Assigned • 1.3mi

8/10

Maine East High School

Public 9-12 • Assigned • 0.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Park Ridge, IL • 60068

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$497,000 – $601,000

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New listings for sale in 60068

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NEW

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432 N Ashland Ave, Park Ridge, IL 60068

EARLY ACCESS@PROPERTIES COMING SOON

$700,000

4 beds3 baths1,762 sq ft

2500 Woodland Ave, Park Ridge, IL 60068

$2,499,000

4 beds4 baths— sq ft

130 N Dee Rd, Park Ridge, IL 60068

$169,990

1 bed1 bath— sq ft

2500 Windsor Mall Unit 2D, Park Ridge, IL 60068

$724,000

4 beds3.5 baths3,600 sq ft

120 Boardwalk Pl #120, Park Ridge, IL 60068

$800,000

3 beds2.5 baths6,500 sq ft

221 East Ave, Park Ridge, IL 60068

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1 bed1 bath750 sq ft

2010 S Crescent Ave Unit 2-C, Park Ridge, IL 60068

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Home values near 2316 Oak Tree Ln

Data from public records.

Address	Redfin Estimate
2380 Oak Tree Ln, Park Ridge, IL 3 Beds \| 1.5 Baths \| 1106 Sq. Ft.	$536,167
2340 Oak Tree Ln, Park Ridge, IL 5 Beds \| 4.5 Baths \| 4975 Sq. Ft.	$1,452,969

Address	Redfin Estimate
2360 Oak Tree Ln, Park Ridge, IL 5 Beds \| 4.5 Baths \| 3920 Sq. Ft.	$1,507,641
2401 Oak Tree Ln, Park Ridge, IL 4 Beds \| 4.5 Baths \| 4011 Sq. Ft.	$1,599,932

Address	Redfin Estimate
2284 Oak Tree Ln, Park Ridge, IL 5 Beds \| 4.5 Baths \| 3764 Sq. Ft.	$1,164,191
2424 Oak Tree Ln, Park Ridge, IL 4 Beds \| 3.5 Baths \| 4200 Sq. Ft.	$1,310,427

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60068, IL

Sale history for 2316 Oak Tree Ln

Tax history for 2316 Oak Tree Ln

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60068

Home values near 2316 Oak Tree Ln

More real estate resources