502 S Prospect Ave is a 2,100 square foot house on a 0.3 acre lot with 4 bedrooms and 2.5 bathrooms. Based on Redfin's Park Ridge data, we estimate the home's value is $783,316.
Single-familyProperty Type
1919Year Built
0.3 acresLot Size
$373Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$783,316
$11K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.9% lower than the average sale price ($889K) of 5 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2023
$13,579 (+4.8%)
$21,930 + $34,070
$56,000
2022
$12,962 (−10.8%)
$21,930 + $34,070
$56,000
2021
$14,538 (+3.2%)
$13,545 + $40,249
$53,794
2020
$14,081 (+2.0%)
$13,545 + $40,249
$53,794
2019
$13,798 (+6.9%)
$13,545 + $45,570
$59,115
2018
$12,908 (+0.2%)
$11,610 + $39,678
$51,288
2017
$12,883 (−0.1%)
$11,610 + $39,678
$51,288
2016
$12,898 (+3.2%)
$11,610 + $39,678
$51,288
2015
$12,498 (+1.8%)
$9,675 + $35,346
$45,021
2014
$12,280 (+5.8%)
$9,675 + $35,346
$45,021
2013
$11,602 (−4.4%)
$9,675 + $35,346
$45,021
2012
$12,135 (+3.2%)
$11,287 + $42,609
$53,896
2011
$11,753 (+5.5%)
$11,287 + $42,609
$53,896
2010
$11,143 (+7.1%)
$11,287 + $42,609
$53,896
2009
$10,408 (+1.7%)
$10,320 + $45,421
$55,741
2008
$10,236 (+5.7%)
$16,512 + $46,830
$63,342
2007
$9,688
$16,512 + $46,830
$63,342
Tax history for 502 S Prospect Ave
Year
Property tax
Land + Additions
Assessment*
2023
$13,579 (+4.8%)
$21,930 + $34,070
$56,000
2022
$12,962 (−10.8%)
$21,930 + $34,070
$56,000
2021
$14,538 (+3.2%)
$13,545 + $40,249
$53,794
2020
$14,081 (+2.0%)
$13,545 + $40,249
$53,794
2019
$13,798 (+6.9%)
$13,545 + $45,570
$59,115
2018
$12,908 (+0.2%)
$11,610 + $39,678
$51,288
2017
$12,883 (−0.1%)
$11,610 + $39,678
$51,288
2016
$12,898 (+3.2%)
$11,610 + $39,678
$51,288
2015
$12,498 (+1.8%)
$9,675 + $35,346
$45,021
2014
$12,280 (+5.8%)
$9,675 + $35,346
$45,021
2013
$11,602 (−4.4%)
$9,675 + $35,346
$45,021
2012
$12,135 (+3.2%)
$11,287 + $42,609
$53,896
2011
$11,753 (+5.5%)
$11,287 + $42,609
$53,896
2010
$11,143 (+7.1%)
$11,287 + $42,609
$53,896
2009
$10,408 (+1.7%)
$10,320 + $45,421
$55,741
2008
$10,236 (+5.7%)
$16,512 + $46,830
$63,342
2007
$9,688
$16,512 + $46,830
$63,342
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-2
Single-Family Residential District
The R-2 Single-Family Residential District is intended to create a low density environment of single-family homes in areas clearly distinguishable as residential neighborhoods, located upon sites comparable in dimensions to the typical lot size for single-family housing within the community. 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
Property details
Interior
Basement Information
Basement Finish: Unfinished
Basement Type: Full
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Old
Exterior Wall: Masonry
Building Type: Residential
Property Information
Subdivision Name: DALE GUSTIN WALLACE
Living Sq. Ft: 2,100
# of Stories: 2
Stories Type: 2
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Detached Garage
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 12,900
Legal Lot Number: 5,6
Legal Block Number: 5
Acres: 0.2961
County Use Description: RESID 2 STORY
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,100
Stories: 2.0
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 1919
Year Renovated: —
County: Cook County
APN: 09352230160000
Home facts updated by county records on Jul 11, 2026
Around this home
Schools
Theodore Roosevelt Elementary School
Public K-5 • Assigned • 0.4mi
9/10
Lincoln Middle School
Public 6-8 • Assigned • 0.6mi
9/10
Maine South High School
Public 9-12 • Assigned • 1.1mi
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
3/10 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
6 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)
30
16
38
23
54
34
61
43
67
49
80
63
85
69
81
66
78
61
67
50
50
39
36
24
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
$745,000 – $901,000
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