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Park Ridge

Park Ridge

Located in Cook County

$687,080 Average Value
$310 Average Price per Sq Ft
37 Homes For Sale

Park Ridge is a respite from the bustling Windy City

Bordered to the west by Algonquin Woods and the Des Plaines River, the city of Park Ridge is primarily residential. With the exception of a vibrant downtown area and over a dozen parks, the community offers blocks upon blocks of neighborhoods. This modern development makes sense, considering early settlers established the city as a refuge from the bustling streets of Chicago. Today, residents are a half-hour train ride from The Loop and even closer to Chicago O’Hare International Airport.

“I grew up here and raised my kids here,” says Donna Mundzic, Broker at Keller Williams Realty Partners. “A lot of people decide to leave for the city and end up coming back to raise their kids. It’s a great community with a great downtown area, farmer’s markets, concerts in the park and tons to do. Not to mention the accessibility to public transportation.”

Bordered by the Algonquin Woods, Park Ridge is full of modern million dollar developments.
Bordered by the Algonquin Woods, Park Ridge is full of modern million dollar developments.
Centennial Park is one of the largest in the district and features winding paths.
Centennial Park is one of the largest in the district and features winding paths.
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Historic homes, brand-new builds & sound insulation

Park Ridge offers a variety of single-family homes, townhouses and condominiums. Situated on a well-connected grid of residential streets and sidewalks, home styles vary by lot. From Tudor and Colonial Revivals to modern farmhouses and cottages, traditional architecture is widespread and eclectic. Historic homes dating back to the early 20th century might even neighbor those built in the 2000s, making for an altogether diverse market. Through the O'Hare Residential Sound Insulation Program, most homes come with acoustically-rated windows, prime doors and other renovations that block out the airport noise.

The median price in Park Ridge, including townhomes and condos, is $540,000, which is above average for the Chicago area. Units closer to the downtown area hover around $800,000 and offer amenities like additional square footage and garage space. Single-family homebuyers can expect an elevated median price of $615,000, with modern builds often surpassing $1 million.

The median price for homes in Park Ridge starts at 540,000 and trends upwards to 1 million.
The median price for homes in Park Ridge starts at 540,000 and trends upwards to 1 million.
There are condominium complexes on the west side of Park Ridge, IL.
There are condominium complexes on the west side of Park Ridge, IL.
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Prospect Avenue shines in Uptown

“We actually call our downtown area ‘Uptown,’” Mundzic says, referring to a stretch of small businesses along Northwest Highway. “There are tons of cute little shops, a Starbucks and a Chipotle, but there’s also really nice dining; probably 20 amazing restaurants, including a couple of sushi places, Mexican and Italian.” Mundzic calls attention to the twinkling lights above outdoor dining patios on Prospect Avenue. She even names Pennyville Station as a go-to, a popular farm-to-table New American eatery with from-scratch entrees. “There’s a really cute farmer’s market every Saturday from May through October. Everybody goes,” she continues. “A lot of the vendors come from Michigan farms. There’s a honey guy, a soap guy, food trucks—it’s really cool and just two blocks from Uptown.”

Enjoy a meal in the sun at Pennyville Station in the uptown area of Park Ridge, IL.
Enjoy a meal in the sun at Pennyville Station in the uptown area of Park Ridge, IL.
The Park Ridge Farmers Market is a seasonal favorite for local produce and popular herbs.
The Park Ridge Farmers Market is a seasonal favorite for local produce and popular herbs.
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From classic films at Pickwick Theatre to fireworks at Maine East High

Pickwick Theatre is a staple in Uptown. The 1920s Art Deco movie theater shows cinema classics and new releases on Prospect Avenue. But beyond well-loved landmarks, the small-town atmosphere of Park Ridge is heightened by its local events. “On the Fourth of July, we have Taste of Park Ridge right next to the library,” Mundzic says. “Local bands, food vendors from town. And then one of our high schools—Maine East—hosts fireworks.” From charity runs to easter egg hunts and pumpkin patches, residents celebrate most national holidays with their neighbors. “The day after Thanksgiving, Santa comes to Prospect Avenue,” she continues. “All the houses are decorated, and most shops give out candy or hot cocoa. Because so many people grow up here, you always see people you know.”

Catch a movie at the iconic Pickwick Theater in Park Ridge.
Catch a movie at the iconic Pickwick Theater in Park Ridge.
Pumpkin Fest is a free annual event held at Olson's Ace with a pumpkin painting station.
Pumpkin Fest is a free annual event held at Olson's Ace with a pumpkin painting station.
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Year-round recreation at Centennial Park

Park Ridge experiences four full seasons, with outdoor recreation available throughout the year. Centennial Park is a go-to for its athletic fields and sledding hill, but the space is also home to the Centennial Aquatic Center and Fitness Center. Both provide programming and events hosted by the park district. Farther west, Algonquin Woods is a vast nature preserve with opportunities for hiking and fishing. “We truly have parks everywhere,” Mundzic says, referring to over a dozen green spaces owned and operated by the park district. “There are even brand new pickleball courts at Centennial Fitness Center and Woodland Park.”

Near the heart of the city is the Park Ridge Country Club, established in 1906 with a sprawling golf course, tennis courts and swimming pool. Exclusive dining and community events are held within the Georgian-style clubhouse at the center.

In the vast Algonquin Woods, Axehead Lake's 17 acre lake makes for a great fishing spot.
In the vast Algonquin Woods, Axehead Lake's 17 acre lake makes for a great fishing spot.
Wildwood Nature Center provides environmental education year round at the Algonquin Woods.
Wildwood Nature Center provides environmental education year round at the Algonquin Woods.
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A-rated public schools through District 64

Public school students throughout the city attend Park Ridge Community Consolidated School District 64, which earns an overall A-minus on Niche. “We have a lot of pride in our community with people saying one school or another is the best,” Mundzic says. “It’s cool; we just have really highly-rated schools all around. They all follow the same curriculum, and they’re all great.” Most students will feed into Maine South High School with a 98 percent graduation rate and an A on Niche. Others attend Maine East, which also earns an A. Oakton College, Northwestern University and Loyola University all sit within a 12-mile radius of the city.

District 64's Roosevelt Elementary School scores an A- on Niche.com.
District 64's Roosevelt Elementary School scores an A- on Niche.com.
Lincoln Middle School hosts 750 students in Park Ridge's A rated District 64.
Lincoln Middle School hosts 750 students in Park Ridge's A rated District 64.
Maine East High School scores an A on Niche.com, boasting high test scores in Park Ridge.
Maine East High School scores an A on Niche.com, boasting high test scores in Park Ridge.
Evanston's Northwestern University is only 12 miles from Park Ridge.
Evanston's Northwestern University is only 12 miles from Park Ridge.
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Riding the Blue Line from O’Hare to Clark Street

According to the City of Park Ridge, Advocate Lutheran General Hospital is one of the largest employers in the area, alongside the city’s school and park districts. Chicago commuters can expect a 19-mile commute southeast on I-90. “We’re close to the Blue Line for the L train,” Mundzic explains. “And we’ve got two Metra stations. It’s an easy commute for someone working downtown. We’re also close to O’Hare, which is great for travelers.” Dee Road and Edison Park’s Metra stations are accessible from Northwest Highway. Rosemont is one of the closest L stops, where commuters can ride the Blue Line straight to The Loop. Chicago O’Hare International Airport is within 6 miles of most homes. Those on the southern outskirts of Park Ridge may be prone to elevated noise and traffic levels, especially with Allstate Arena next door.

Park Ridge connects to downtown Chicago in 30 minutes via the Rosemont Blue Line CTA stop.
Park Ridge connects to downtown Chicago in 30 minutes via the Rosemont Blue Line CTA stop.
Chicago's O'Hare International Airport sees about 15 million passengers in a year.
Chicago's O'Hare International Airport sees about 15 million passengers in a year.
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Crime statistics in Park Ridge

According to 2024 data from the Park Ridge Police Department, the city’s crime rate is about average for both Illinois and the greater U.S. In the city police department's 2022 annual report, the most recent available, local authorities said overall crime had declined by 28 percent over the past decade.

Dana Chesser
Written By
Dana Chesser
Chris Jeong
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Chris Jeong
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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Park Ridge Housing Trends

Housing Trends

Median List Price
$585,000
Median Sale Price
$575,500
Median Single Family Sale Price
$625,000
Median Townhouse Sale Price
$522,000
Median 2 Bedroom Sale Price
$281,250
Median Change From 1st List Price
1%
Last 12 months Home Sales
424
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$310

Area Facts

Number of Homes
12,613
Number of Homes for Sale
37
Median Year Built
1954
Months of Supply
1.00
Average Single Family Home Size Sq Ft
3,139
Significantly above the national average
1,930
Average Townhouse Size Sq Ft
2,321
Average 2 Bedroom Size Sq Ft
1,370
Average 1 Bedroom Size Sq Ft
937
Median Lot Size Sq Ft
7,405

Open Houses

  • Sunday, Feb 1
    Open Sun 11:30AM - 1:30PM

    1745 Pavilion Way Unit 502, Park Ridge, IL 60068

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • 1745 Pavilion Way
    • Unit 502
    • New 17 days ago

    Welcome to this exquisite three-bedroom, two-bath corner unit condo, ideally situated on the top floor to provide maximum privacy and abundant natural light. This unit faces east and north, so the exposure to the highway is limited. The primary bedroom and that balcony overlooks a pond and looks east. Enjoy picturesque, unobstructed views of a serene, swan-filled pond from multiple vantage points

    Kara Cardelli @properties Christies International Real Estate

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  • Sunday, Feb 1
    Open Sun 12PM - 2PM

    316 S Redfield Ct, Park Ridge, IL 60068

    $1,268,900

    • 5 Beds
    • 3.5 Baths
    • 3,293 Sq Ft
    • 316 S Redfield Ct
    • New 4 days ago

    Fantastic living in a prestigious location. This home offers some of the best features and is updated to fit today's lifestyle. Open floor plan with a dramatic foyer, new porcelain tile and impressive staircase. Bright, white kitchen offers an abundance of cabinetry, quartz countertops, Thor range and designer backsplash. The Master bedroom which has a dream bathroom with a freestanding tub,

    Vickie Soupos Fulton Grace Realty

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  • Sunday, Feb 1
    Open Sun 1PM - 3PM

    1705 Pavilion Way Unit 303, Park Ridge, IL 60068

    $349,500

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 1705 Pavilion Way
    • Unit 303

    Welcome to this attractive move in ready 2 bed, 2 bath condo. New Luxury vinyl laminate floors in living room, dining area and hall. Freshly painted throughout and all carpets just cleaned. New quality stainless steel appliances. Ample counter space Ceramic tile floor in kitchen, & laundry room. Full size washer and dryer. Xfinity cable and internet included in HOA. Primary bath has walk in

    David MacArthur Berkshire Hathaway HomeServices Chicago

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Park Ridge Has More Owners

Demographics

Total Population
38,711
Median Age
45
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
22.9%
On par with the national average
19.1%

Finances

Median Household Income
$127,945
Significantly above the national average
$79,601
Average Household Income
$156,507

Education and Workforce

High School Graduates
96.5%
College Graduates
62.8%
Significantly above the national average
34.1%
Advanced Degrees
26.3%
Above the national average
13.3%
% Population in Labor Force
69.1%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
24''

Area Factors

Bikeable

Bike Score®®

57 / 100

Somewhat Walkable

Walk Score®®

61 / 100

Some Transit

Transit Score®®

37 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Park Ridge