OFF MARKET

Off Market Dec 2021 for $1.8M

$2,313,005

Est. refi paymentEst. refi $9,978/mo

•

—

sq ft

515 Summit Ave, Park Ridge, IL 60068

About this home

Luxury 4 unit building in great location !! New construction in 2017. Units offer a little under 2000 s.f. of upscale open concept space. Hardwood floors throughout! 3 units w/3 beds, 2 baths. 1 unit is 2 beds/2 baths. Private elevator entry to your new home. Gas fireplace in the LR & DR, that opens to the kitchen w/an oversized Quartz island, custom cabinets, stainless steel appliances & a farm sink. Spacious private balcony, for your outdoor enjoyment accessible from living room and 3rd bedroom. The 13'x9' master bath w/soaking tub, separate shower & double bowl sink was created to be your own personal oasis! Master bedroom has a 9'x5' walk in closet & access to 2nd private balcony. Laundry/mud room off the back entrance. Location cannot be beat! Walk to all that uptown Park Ridge has to offer! Restaurants, bars, shopping, The Pickwick Theater and Metra! OR to Edison Park's restaurants, shops and Metra. It's the best of both worlds right at your front door. Plus award winning Park Ridge Schools! No issues with parking - each unit comes with a garage spot and an exterior spot. In addition there is tons of street parking available. The garage is extra high to allow room for storage. Great investment opportunity ! All units are currently leased.

Multi-familyProperty Type

2017Year Built

4 car garageParking

Listed by Donna Mundzic • Keller Williams Realty Ptnr,LL

Listed by Paula LaBree • Keller Williams Realty Ptnr,LL

Bought with David Kim • Dream Town Real Estate

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11235706

Redfin Estimate

$2,313,005

$423K since sold in December 2021$77K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 46.3% higher than the average sale price ($1.58M) of 6 comparable homes.

SOLD MAY 15, 2026
$1,106,000
A
5 beds4 baths2,589 sq ft
160 E Lahon St, Park Ridge, IL 60068
SOLD MAY 15, 2026
$2,000,000
B
5 beds4.5 baths5,200 sq ft
135 Elmore St, Park Ridge, IL 60068
SOLD JUN 12, 2026
$1,700,000
C
4 beds4.5 baths5,281 sq ft
423 Meacham Ave, Park Ridge, IL 60068
SOLD JUN 30, 2026
$790,000
D
6 beds3 baths— sq ft
455 S Northwest Hwy, Park Ridge, IL 60068
SOLD JUN 18, 2026
$1,792,700
E
5 beds5 baths— sq ft
518 Grand Blvd, Park Ridge, IL 60068
SOLD MAY 13, 2026
$2,100,000
F
4 beds4.5 baths5,200 sq ft
620 N Merrill St, Park Ridge, IL 60068

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Earn from this home

Refinance

Est. cash available

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Market trends in 60068, IL

Last updated July 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

$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
$849,000
3 beds2.5 baths2,456 sq ft
1820 S Ashland Ave, Park Ridge, IL 60068
$390,000
2 beds1 bath1,146 sq ft
1704 S Washington Ave, Park Ridge, IL 60068
OPEN TODAY, 2PM TO 4PM
$399,900
3 beds1.5 baths1,362 sq ft
1225 S Cumberland Ave, Park Ridge, IL 60068
See all

Provided by Redfin

Sale history for 515 Summit Ave

Date

Event

Price

APPFOLIO #1

Nov 5, 2023

Rental Removed

$2,952

Nov 3, 2023

Listed for Rent

$2,952

Sep 22, 2023

Rental Removed

$3,042

Sep 9, 2023

Price Changed

$3,042

Aug 29, 2023

Price Changed

$3,211

Public Records

Feb 28, 2022

Sold

$1,890,000

MRED as Distributed by MLS Grid #11235706

Dec 30, 2021

Pending

—

Dec 30, 2021

Sold (MLS) (Closed)

$1,890,000

Oct 20, 2021

Pending (Active Under Contract)

—

Oct 1, 2021

Listed (Active)

$1,999,900

MRED as Distributed by MLS Grid #11123558

Jul 29, 2021

Listing Removed

—

Jun 15, 2021

Listed (New)

MRED as Distributed by MLS Grid #10968198

Apr 19, 2021

Pending (Contingent)

—

Apr 19, 2021

Listing Removed

—

Feb 11, 2021

Price Changed

Jan 13, 2021

Listed (New)

Public Records

Jul 19, 2016

Sold

$325,000

MRED as Distributed by MLS Grid #09112941

Jul 6, 2016

Listing Removed

—

Jan 8, 2016

Listed (New)

MRED as Distributed by MLS Grid #09112033

Jul 18, 2016

Listing Removed

—

Jan 7, 2016

Listed (New)

MRED as Distributed by MLS Grid #08895048

Jun 1, 2015

Listing Removed

—

Apr 17, 2015

Listed (New)

MRED as Distributed by MLS Grid #08895042

Jun 1, 2015

Listing Removed

—

Apr 17, 2015

Listed (New)

MRED as Distributed by MLS Grid #08868457

Apr 16, 2015

Listing Removed

—

Mar 21, 2015

Listed (New)

MRED as Distributed by MLS Grid #08868455

Apr 16, 2015

Listing Removed

—

Mar 21, 2015

Listed (New)

MRED as Distributed by MLS Grid #08818547

Mar 21, 2015

Listing Removed

—

Jan 17, 2015

Listed (New)

MRED as Distributed by MLS Grid #08818314

Mar 21, 2015

Listing Removed

—

Jan 16, 2015

Listed (New)

MRED as Distributed by MLS Grid #08702724

Oct 31, 2014

Listing Removed

—

Aug 15, 2014

Listed (New)

MRED as Distributed by MLS Grid #08580207

Jun 13, 2014

Listing Removed

—

Jun 13, 2014

Price Changed (Price Change)

Apr 9, 2014

Listed (New)

Public Records

Dec 2, 2011

Sold

$170,000

MRED as Distributed by MLS Grid #07692276

Aug 28, 2011

Pending

—

Jul 29, 2011

Price Changed (Price Change)

Jul 15, 2011

Price Changed (Price Change)

Jun 23, 2011

Price Changed

Jun 19, 2011

Price Changed (Price Change)

Jun 13, 2011

Price Changed (Price Change)

May 14, 2011

Price Changed (Price Change)

Mar 10, 2011

Price Changed (Price Change)

Jan 22, 2011

Price Changed (Price Change)

Dec 11, 2010

Listed (New)

** Price available after signing in.

Year

Property tax

Land + Additions

Assessment*

2023

$44,846 (+4.4%)

$15,385 + $149,852

$165,237

2022

$42,972 (−8.7%)

$15,385 + $149,852

$165,237

2021

$47,082 (+4.1%)

$9,502 + $145,300

$154,802

2020

$45,213 (+4.6%)

$9,502 + $145,300

$154,802

2019

$43,235 (+1,754.9%)

$12,670 + $153,217

$165,887

2018

$2,331 (−56.0%)

$8,145

2017

$5,294 (−45.0%)

$8,145

2016

$9,625 (−0.7%)

$8,145 + $29,430

$37,575

2015

$9,692 (+1.8%)

$6,787 + $27,263

$34,050

2014

$9,518 (+5.8%)

$6,787 + $27,263

$34,050

2013

$8,998 (+31.1%)

$6,787 + $27,263

$34,050

2012

$6,862 (−29.6%)

$7,918 + $22,635

$30,553

2011

$9,753 (+0.8%)

$7,918 + $36,034

$43,952

2010

$9,675 (+6.7%)

$7,918 + $36,034

$43,952

2009

$9,064 (+5.1%)

$7,240 + $41,035

$48,275

2008

$8,627 (+6.8%)

$11,584 + $43,274

$54,858

2007

$8,079

$11,584 + $43,274

$54,858

Tax history for 515 Summit Ave

Year

Property tax

Land + Additions

Assessment*

2023

$44,846 (+4.4%)

$15,385 + $149,852

$165,237

2022

$42,972 (−8.7%)

$15,385 + $149,852

$165,237

2021

$47,082 (+4.1%)

$9,502 + $145,300

$154,802

2020

$45,213 (+4.6%)

$9,502 + $145,300

$154,802

2019

$43,235 (+1,754.9%)

$12,670 + $153,217

$165,887

2018

$2,331 (−56.0%)

$8,145

2017

$5,294 (−45.0%)

$8,145

2016

$9,625 (−0.7%)

$8,145 + $29,430

$37,575

2015

$9,692 (+1.8%)

$6,787 + $27,263

$34,050

2014

$9,518 (+5.8%)

$6,787 + $27,263

$34,050

2013

$8,998 (+31.1%)

$6,787 + $27,263

$34,050

2012

$6,862 (−29.6%)

$7,918 + $22,635

$30,553

2011

$9,753 (+0.8%)

$7,918 + $36,034

$43,952

2010

$9,675 (+6.7%)

$7,918 + $36,034

$43,952

2009

$9,064 (+5.1%)

$7,240 + $41,035

$48,275

2008

$8,627 (+6.8%)

$11,584 + $43,274

$54,858

2007

$8,079

$11,584 + $43,274

$54,858

*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

1.5

Lot width

—

Lot depth

—

Lot size

9,050 Sq. Ft.

Year renovated

—

Sq. Ft.

9,563

Year built

2020

Style

Multi-Family (5+ Unit)

County

Cook County

APN

09361110210000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 11, 2026.

R-4

Multi-Family Residential District

The R-4 Multi-Family Residential District is intended to create a moderate density environment of single-family homes, two-family dwellings and multi-family dwellings, including townhomes. This district may provide a transition zone between single-family neighborhoods and adjacent higher intensity land uses, and should have access to major streets or public transportation facilities. 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
Housing-Multiple units

Property details

Parking

Parking Information
# Of Cars: 8
# of Garage Spaces: 4
# of Parking (Total): 4
Parking On-Site: Yes
Parking Features: Assigned
Parking: Garage,Space/s
Parking Ownership: Owned
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door

Interior

Bathroom Information
# of Baths (Full): 8
Bath Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub

Bedroom Information
# of Bedrooms: 11
# of Bedrooms Possible: 11

Additional Rooms Information
Basement Description: None

Interior Features
# of Rooms: 23

Equipment
Intercom, Fire Sprinklers, Multiple Water Heaters

Multi-Unit Information
3 Br Unit(s) In Bldg: Yes

Community Information
Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Exterior

Exterior Features
Exterior Features: Balcony, Storms/Screens

Building Information
# Of Units in Building: 4
Exterior Building Type: Brick,Concrete
Age: 1-5 Years
Built Before 1978 (Y/N): No
Roof: Asphalt
Foundation Details: Concrete Perimeter

Property Information
Property Type: Two to Four Units
Conversion (Y/N): N
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service,Commuter Train
Parcel Number: 09361110210000

Lot Information
Dimensions: 50X172
Lot Size: Less Than .25 Acre
Lot Features: Landscaped, Sidewalks, Streetlights
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $43,235
Tax Year: 2020

Financial Information
Finance Code: Conventional
Special Service Area: N
Gross Income: $168,000

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air

Location

School Information
Elementary School District: 64
Elementary School: Eugene Field 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
Township: Maine
Corporate Limits: Park Ridge
Directions: On Summit ~ East of Prospect, West of Canfield

Public facts

Beds: 12
Baths: 8.0
Sq. Ft.: 9,563
Stories: 1.5
Lot Size: 9,050 square feet
Style: Multi-Family (5+ Unit)
Year Built: 2020
Year Renovated: —
County: Cook County
APN: 09361110210000

Home facts updated by county records on Jul 11, 2026

Other

Expense Information
Water Sewer Expense: $720
Water Expense Source: Actual
Electric Expense: $1,800
Insurance Expense: $2,892

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

Ebinger Elementary School

Public K-8 • Assigned • 0.6mi

8/10

Maine South High School

Public 9-12 • Assigned • 1.7mi

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)

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

Is this your home?

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Home values near 515 Summit Ave

Data from public records.

Address	Redfin Estimate
519 Summit Avenue Unit B, Park Ridge, IL 2 Beds \| 1.5 Baths \| 1150 Sq. Ft.	$335,028
519 Summit Avenue Unit D, Park Ridge, IL 2 Beds \| 1.5 Baths \| 1150 Sq. Ft.	$361,478

Address	Redfin Estimate
519 Summit Avenue Unit C, Park Ridge, IL 2 Beds \| 1.5 Baths \| 1152 Sq. Ft.	$319,499
509 Summit Avenue, Park Ridge, IL 18 Beds \| 6 Baths \| 5938 Sq. Ft.	—

Address	Redfin Estimate
519 Summit Avenue Unit A, Park Ridge, IL 2 Beds \| 1.5 Baths \| 1150 Sq. Ft.	$360,203
511 Summit Avenue, Park Ridge, IL 8 Beds \| 4 Baths \| 3834 Sq. Ft.	—

Property information provided by undefined .

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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 515 Summit Ave

Tax history for 515 Summit Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60068

Home values near 515 Summit Ave

More real estate resources