509 S Prospect Ave is a 1,493 square foot house on a 8,600 square foot lot with 4 bedrooms and 2.5 bathrooms. Based on Redfin's Park Ridge data, we estimate the home's value is $632,696.
Single-familyProperty Type
1966Year Built
8,600 sq ftLot Size
$424Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$632,696
$27K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 12% lower than the average sale price ($719K) of 6 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
$9,991 (−5.4%)
$14,620 + $28,158
$42,778
2022
$10,564 (+2.6%)
$14,620 + $32,159
$46,779
2021
$10,293 (−2.6%)
$9,030 + $28,143
$37,173
2020
$10,566 (−1.3%)
$9,030 + $30,248
$39,278
2019
$10,701 (+23.4%)
$9,030 + $35,459
$44,489
2018
$8,670 (+0.2%)
$7,740 + $25,993
$33,733
2017
$8,651 (−20.4%)
$7,740 + $25,993
$33,733
2016
$10,868 (+16.9%)
$7,740 + $31,871
$39,611
2015
$9,296 (+4.5%)
$6,450 + $28,188
$34,638
2014
$8,898 (+3.1%)
$6,450 + $28,188
$34,638
2013
$8,628 (−25.5%)
$6,450 + $28,188
$34,638
2012
$11,580 (+13.2%)
$7,525 + $39,826
$47,351
2011
$10,231 (+7.9%)
$7,525 + $39,826
$47,351
2010
$9,481 (−3.7%)
$7,525 + $39,826
$47,351
2009
$9,850 (+4.7%)
$6,880 + $45,068
$51,948
2008
$9,408 (+6.2%)
$11,008 + $48,024
$59,032
2007
$8,859
$11,008 + $48,024
$59,032
Tax history for 509 S Prospect Ave
Year
Property tax
Land + Additions
Assessment*
2023
$9,991 (−5.4%)
$14,620 + $28,158
$42,778
2022
$10,564 (+2.6%)
$14,620 + $32,159
$46,779
2021
$10,293 (−2.6%)
$9,030 + $28,143
$37,173
2020
$10,566 (−1.3%)
$9,030 + $30,248
$39,278
2019
$10,701 (+23.4%)
$9,030 + $35,459
$44,489
2018
$8,670 (+0.2%)
$7,740 + $25,993
$33,733
2017
$8,651 (−20.4%)
$7,740 + $25,993
$33,733
2016
$10,868 (+16.9%)
$7,740 + $31,871
$39,611
2015
$9,296 (+4.5%)
$6,450 + $28,188
$34,638
2014
$8,898 (+3.1%)
$6,450 + $28,188
$34,638
2013
$8,628 (−25.5%)
$6,450 + $28,188
$34,638
2012
$11,580 (+13.2%)
$7,525 + $39,826
$47,351
2011
$10,231 (+7.9%)
$7,525 + $39,826
$47,351
2010
$9,481 (−3.7%)
$7,525 + $39,826
$47,351
2009
$9,850 (+4.7%)
$6,880 + $45,068
$51,948
2008
$9,408 (+6.2%)
$11,008 + $48,024
$59,032
2007
$8,859
$11,008 + $48,024
$59,032
*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: Recreation Room
Basement Type: Full
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Bungalow
Exterior Wall: Masonry
Building Type: Residential
Property Information
Subdivision Name: DALE GUSTIN & WALLACE ADD
Living Sq. Ft: 1,493
# of Stories: 1
Stories Type: 1
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,600
Legal Lot Number: 18
Legal Block Number: 6
Acres: 0.1974
County Use Description: RESID 1 STORY
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 1,493
Stories: 1.0
Lot Size: 8,600 square feet
Style: Single Family Residential
Year Built: 1966
Year Renovated: —
County: Cook County
APN: 09352240050000
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
$602,000 – $728,000
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