Why Live in Surrey Ridge
Surrey Ridge in Arlington Heights is a neighborhood characterized by its 1960s and ‘70s split-level and Colonial Revival homes, set along curvilinear roads adjacent to a community park. The single-family homes, typically priced between $450,000 and $700,000, tend to sell quickly, often within a week. A nearby condo development offers two-bedroom units ranging from $200,000 to $300,000. The area features prominent sidewalks and a crime rate below the national average, making it ideal for neighborhood strolls. Heritage Park, located within the neighborhood, includes soccer fields, baseball diamonds, a public swimming pool, a sledding hill, and an ice rink, ensuring year-round activity. The Arlington Heights Park District operates the nearby Arlington Lakes Golf Club, and the expansive Busse Woods Forest Preserve is a short drive away, offering extensive trails and natural scenery. Dining options are diverse, with restaurants like Asian Bistro and Qulinarnia providing a range of international cuisines. Retail therapy is available at Woodfield Mall, just 3 miles away in Schaumburg, featuring over 230 stores. Grocery needs are met by nearby Jewel-Osco and Meijer stores. For commuters, the Arlington Heights Metra station is 2 miles north, and Interstate 90 is about 1.5 miles away, leading to O’Hare International Airport 10 miles away and downtown Chicago 15 miles away. Rolling Meadows High School, part of Township High School District, is highly rated with a 94% graduation rate. The neighborhood also benefits from proximity to the Pace suburban bus line and the Northwest Community Hospital.
Frequently Asked Questions
Is Surrey Ridge a good place to live?
Surrey Ridge is a good place to live. Surrey Ridge is considered somewhat walkable and very bikeable. Surrey Ridge has 3 parks for recreational activities. It has a median age of 44. The average household income is $123,288 which is above the national average. College graduates make up 65% of residents. A majority of residents in Surrey Ridge are home owners, with 5.1% of residents renting and 94.9% of residents owning their home. A
local real estate agent serving Surrey Ridge can help you decide if this neighborhood is the right one for you. Learn more on our
Surrey Ridge neighborhood guide.
Is Surrey Ridge, IL a safe neighborhood?
Surrey Ridge, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Surrey Ridge?
The median home price in Surrey Ridge is $339,900. If you put a 20% down payment of $68,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,760 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Surrey Ridge. The average household income in Surrey Ridge is $123K.
What are the best public schools in Surrey Ridge?
The best public schools that serve Surrey Ridge are:
What are the most popular zip codes in Surrey Ridge, Arlington Heights, IL?
What are the most popular neighborhoods near Surrey Ridge, Arlington Heights, IL?
Are home prices dropping in Surrey Ridge?
Yes, home prices in Surrey Ridge are down 45% in the last 12 months.
Home Trends in Surrey Ridge, IL
On average, homes in Surrey Ridge, Arlington Heights sell after 140 days on the market compared to the national average of 70 days. The median sale price for homes in Surrey Ridge, Arlington Heights over the last 12 months is $339,900, down 45% from the median home sale price over the previous 12 months.
Median Sale Price
$339,900
Median Single Family Sale Price
$339,900
Median 1 Bedroom Sale Price
$519,000
Average Price Per Sq Ft
$273
Number of Homes for Sale
1
Last 12 months Home Sales
34
Median List Price
$339,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-45%