SOLD JAN 29, 2026

Off market jan 2026 for $1.5M

$1,796,263

Est. refi paymentEst. refi $10,203/mo

•

4,645

sq ft

516 N Prospect Ave, Park Ridge, IL 60068

About this home

Just steps to the Country Club and a couple of blocks to Field school. The owners transferred and with three little ones they used the Prospect Splash Pad and Park far more than the courts or the course. Nearly 7000 ft.2 of living space boasting every amenity: an en suite and guest suites, but also a private true elegant office with an exterior entrance for serious business(or convert to a first floor in law?) The second staircase leads directly to the full butler's pantry, which is joined by both the formal dining area and the gourmet kitchen. There's an exercise room with steam shower and a dry sauna, a large rec room and a wine cellar. Enjoy three gas start/wood burning fireplaces these upcoming 3 seasons. There's a one car attached garage for comfort and ease, and a two car detached for motor toys, both adult and child. YOUR TOP PRIORITY, YOUR TOP CHOICE: these luxury standards and this size! There's an extra EXPRESSIONS sheet in the MLS drop down additional information tab with many details.

Single-familyProperty Type

2000Year Built

0.25 acresLot Size

$387Est. Price/Sq.Ft.

3 car garageParking

Listed by Craig Fallico • Baird & Warner

Bought with Juliana Yeager • @properties Christie's International Real Estate

Source:MRED as Distributed by MLS Grid #12452619

Redfin Estimate

$1,796,263

$296K since sold in January 2026$77K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.1% lower than the average sale price ($2.00M) of 5 comparable homes.

SOLD JUN 12, 2026
$1,700,000
A
4 beds4.5 baths5,281 sq ft
423 Meacham Ave, Park Ridge, IL 60068
SOLD JUN 18, 2026
$1,792,700
B
5 beds5 baths— sq ft
518 Grand Blvd, Park Ridge, IL 60068
SOLD MAY 13, 2026
$2,100,000
C
4 beds4.5 baths5,200 sq ft
620 N Merrill St, Park Ridge, IL 60068
SOLD MAY 15, 2026
$2,000,000
D
5 beds4.5 baths5,200 sq ft
135 Elmore St, Park Ridge, IL 60068
SOLD DEC 12, 2025
$2,400,000
E
6 beds6.5 baths6,000 sq ft
300 Meacham Ave, Park Ridge, IL 60068

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

Earn from this home

Sell

$525,237

Est. take-home

List your home with Redfin and save $8,981

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$4,985/mo

Redfin rental estimate

List your home for rent

Market trends in 60068, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.4% MoM

Median sale price

$665K

$15K MoM

Avg. days on market

45d

5 days MoM

Recently sold homes

149

8 MoM

New listings for sale

$549,000
1 bed2 baths1,312 sq ft
120 N Northwest Hwy #405, Park Ridge, IL 60068
$285,000
2 beds2 baths— sq ft
2600 Windsor Mall Unit 3E, Park Ridge, IL 60068
$439,900
2 beds1 bath1,274 sq ft
2821 Dempster St, Park Ridge, IL 60068
$450,000
3 beds1 bath— sq ft
1609 S Cumberland Ave, Park Ridge, IL 60068
$770,000
3 beds2 baths2,492 sq ft
520 Courtland Ave, Park Ridge, IL 60068
$899,950
7 beds4 baths— sq ft
1140 N Northwest Hwy, Park Ridge, IL 60068
OPEN SAT, 10AM TO 12PM
$595,000
3 beds2 baths1,547 sq ft
2392 Manor Ln, Park Ridge, IL 60068
$284,000
2 beds2 baths1,320 sq ft
2600 Windsor Mall Unit 2E, Park Ridge, IL 60068
LISTED BY REDFIN
$575,000
3 beds2 baths— sq ft
1216 Canfield Rd, Park Ridge, IL 60068
$3,200,000
4 beds3.5 baths3,208 sq ft
710 N Prospect Ave, Park Ridge, IL 60068
See all

Provided by Redfin

Sale history for 516 N Prospect Ave

Date

Event

Price

Public Records

Jan 29, 2026

Sold

$1,500,000

$323/sq ft

Public Records

Oct 15, 2025

Sold

$1,750,000

$377/sq ft

MRED as Distributed by MLS Grid #12452619

Sep 25, 2025

Sold (MLS) (Closed)

$1,500,000

$323/sq ft

Sep 16, 2025

Pending

—

Aug 27, 2025

Contingent (Contingent - Continue to Show)

—

Aug 22, 2025

Listed (Active)

$1,600,000

$344/sq ft

+41

MRED as Distributed by MLS Grid #12445631

Aug 22, 2025

Listing Removed

—

MRED as Distributed by MLS Grid #12423355

Aug 13, 2025

Listing Removed

—

MRED as Distributed by MLS Grid #11935679

Apr 13, 2024

Listing Removed

—

MRED as Distributed by MLS Grid #11840408

Nov 22, 2023

Listing Removed

—

MRED as Distributed by MLS Grid #11231507

Nov 22, 2021

Sold (MLS) (Closed)

$1,300,000

$280/sq ft

Nov 16, 2021

Pending

—

Nov 4, 2021

Pending (Active Under Contract)

—

Sep 28, 2021

Listed (Active)

$1,350,000

$291/sq ft

MRED as Distributed by MLS Grid #11210864

Sep 28, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #11188795

Sep 7, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #11163282

Aug 13, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #11118405

Jun 27, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #11086656

Jun 10, 2021

Listing Removed

—

Public Records

Dec 17, 2015

Sold

$900,000

$194/sq ft

Public Records

Oct 26, 2001

Sold

$530,000

$114/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$26,055 (+4.4%)

$23,650 + $121,350

$145,000

2022

$24,966 (−18.2%)

$19,800 + $76,200

$96,000

2021

$30,514 (+3.9%)

$9,900 + $93,758

$103,658

2020

$29,370 (+2.0%)

$9,900 + $93,758

$103,658

2019

$28,795 (+12.6%)

$9,900 + $104,010

$113,910

2018

$25,583 (+0.4%)

$8,525 + $84,307

$92,832

2017

$25,491 (+2.8%)

$8,525 + $84,307

$92,832

2016

$24,786 (−3.8%)

$8,525 + $84,307

$92,832

2015

$25,761 (+1.9%)

$7,150 + $79,000

$86,150

2014

$25,270 (+5.6%)

$7,150 + $79,000

$86,150

2013

$23,919 (+8.0%)

$7,150 + $79,000

$86,150

2012

$22,139 (+4.6%)

$8,525 + $84,493

$93,018

2011

$21,166 (−9.7%)

$8,525 + $84,493

$93,018

2010

$23,450 (+10.1%)

$8,525 + $95,976

$104,501

2009

$21,306 (−3.4%)

$8,800 + $96,662

$105,462

2008

$22,059 (+2.6%)

$14,080 + $112,595

$126,675

2007

$21,494

$14,080 + $112,595

$126,675

Tax history for 516 N Prospect Ave

Year

Property tax

Land + Additions

Assessment*

2023

$26,055 (+4.4%)

$23,650 + $121,350

$145,000

2022

$24,966 (−18.2%)

$19,800 + $76,200

$96,000

2021

$30,514 (+3.9%)

$9,900 + $93,758

$103,658

2020

$29,370 (+2.0%)

$9,900 + $93,758

$103,658

2019

$28,795 (+12.6%)

$9,900 + $104,010

$113,910

2018

$25,583 (+0.4%)

$8,525 + $84,307

$92,832

2017

$25,491 (+2.8%)

$8,525 + $84,307

$92,832

2016

$24,786 (−3.8%)

$8,525 + $84,307

$92,832

2015

$25,761 (+1.9%)

$7,150 + $79,000

$86,150

2014

$25,270 (+5.6%)

$7,150 + $79,000

$86,150

2013

$23,919 (+8.0%)

$7,150 + $79,000

$86,150

2012

$22,139 (+4.6%)

$8,525 + $84,493

$93,018

2011

$21,166 (−9.7%)

$8,525 + $84,493

$93,018

2010

$23,450 (+10.1%)

$8,525 + $95,976

$104,501

2009

$21,306 (−3.4%)

$8,800 + $96,662

$105,462

2008

$22,059 (+2.6%)

$14,080 + $112,595

$126,675

2007

$21,494

$14,080 + $112,595

$126,675

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

Zoning and permits

Zoning
Permits

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

Feb 24, 2027 • Active

Single family - remodel

Bathroom

Kitchen

Remodel

Jan 5, 2027 • Active

Single family - remodel

Remodel the second floor master bathroom by relocating the shower and converting an existing bedroom into a master walk-in closet. Relocate the laundry room into the master closet area. Remove and replace fixtures in the hallway bathroom and two additional bedroom bathrooms.

Bathroom

Plumbing

Remodel

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

Interior

Basement Information
Basement Finish: Recreation Room
Basement Type: Full

Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 2
Has Fireplace

Room Information
# of Rooms: 15

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Multi-Level
Exterior Wall: Masonry
Building Type: Residential

Property Information
Subdivision Name: HERITAGE RESUB
Living Sq. Ft: 4,645
# of Stories: 2
Stories Type: 2

Parking & Garage Information
# of Parking Spaces: 3
Parking Type: Attached Garage
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,000
Legal Lot Number: 1
Acres: 0.2525
Depth Footage: 200
Front Footage: 55
County Use Description: RESID 2 STORY

Utility Information
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 5
Baths: 5.5
Sq. Ft.: 4,645
Stories: 2.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 2000
Year Renovated: 2026
County: Cook County
APN: 09264060540000
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Mar 3, 2026

Around this home

Schools

Eugene Field Elementary School

Public K-5 • Assigned • 0.4mi

10/10

Emerson Middle School

Public 6-8 • 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

1% 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

Estimated sale price

$1.71M – $2.07M

Reach more buyers when you sell with Redfin. Save up to $17,963 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

FOR SALE BY OWNER

$960,000

5 beds3.5 baths3,780 sq ft

7313 N Oleander Ave, Chicago, IL 60631

$598,000

5 beds3 baths2,297 sq ft

1525 Elm St, Park Ridge, IL 60068

$569,900

3 beds2 baths1,225 sq ft

8157 N Root Ct, Niles, IL 60714

OPEN TODAY, 5PM TO 7PM

$799,000

4 beds2.5 baths1,665 sq ft

310 S Delphia Ave, Park Ridge, IL 60068

$2,975,000

6 beds6 baths4,760 sq ft

809 Edgemont Ln, Park Ridge, IL 60068

$729,900

3 beds2.5 baths— sq ft

188 W Kathleen Dr, Park Ridge, IL 60068

New listings for sale in 60068

$549,000

1 bed2 baths1,312 sq ft

120 N Northwest Hwy #405, Park Ridge, IL 60068

$285,000

2 beds2 baths— sq ft

2600 Windsor Mall Unit 3E, Park Ridge, IL 60068

$439,900

2 beds1 bath1,274 sq ft

2821 Dempster St, Park Ridge, IL 60068

$450,000

3 beds1 bath— sq ft

1609 S Cumberland Ave, Park Ridge, IL 60068

$770,000

3 beds2 baths2,492 sq ft

520 Courtland Ave, Park Ridge, IL 60068

$899,950

7 beds4 baths— sq ft

1140 N Northwest Hwy, Park Ridge, IL 60068

OPEN SAT, 10AM TO 12PM

$595,000

3 beds2 baths1,547 sq ft

2392 Manor Ln, Park Ridge, IL 60068

$284,000

2 beds2 baths1,320 sq ft

2600 Windsor Mall Unit 2E, Park Ridge, IL 60068

LISTED BY REDFIN3D WALKTHROUGH

$575,000

3 beds2 baths— sq ft

1216 Canfield Rd, Park Ridge, IL 60068

Home values near 516 N Prospect Ave

Data from public records.

Address	Redfin Estimate
515 North Prospect Ave, Park Ridge, IL 5 Beds \| 4.5 Baths \| 4994 Sq. Ft.	$1,949,802
530 North Prospect Ave, Park Ridge, IL 4 Beds \| 2.5 Baths \| 3922 Sq. Ft.	$1,486,641

Address	Redfin Estimate
432 North Prospect Ave, Park Ridge, IL 4 Beds \| 4.5 Baths \| 4100 Sq. Ft.	$1,558,916
522 North Prospect Ave, Park Ridge, IL 3 Beds \| 2.5 Baths \| 1910 Sq. Ft.	$1,007,234

Address	Redfin Estimate
433 North Prospect Ave, Park Ridge, IL 4 Beds \| 7 Baths \| 5794 Sq. Ft.	$2,064,887
426 North Prospect Ave, Park Ridge, IL 5 Beds \| 3 Baths \| 3320 Sq. Ft.	$1,321,632

This data may not show owner updates. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

60068 homes for sale
60714 homes for sale
60053 homes for sale
60631 homes for sale
60016 homes for sale

Houses for rent in Park Ridge	Agents near me	Glenview, IL homes for sale	Park Ridge Housing Market
Houses for sale near me	Chicago, IL homes for sale	Evanston, IL homes for sale
Land for sale near me	Naperville, IL homes for sale	Oak Park, IL homes for sale
Open Houses near me	Schaumburg, IL homes for sale	Park Ridge Property Records
Condos for sale near me	Arlington Heights, IL homes for sale	IL New Listings

Arlington Heights homes for sale
Naperville homes for sale
Chicago homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 60068, IL

Sale history for 516 N Prospect Ave

Tax history for 516 N Prospect Ave

Zoning and permits

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 516 N Prospect Ave

More real estate resources