
109 Murphy Lake Rd Park Ridge, IL 60068
Highlights
- Lake Front
- Beach Access
- Open Floorplan
- George B Carpenter Elementary School Rated A
- 1.3 Acre Lot
- Lake Privileges
About This Home
As of August 2025Experience the thorough drone video highlighting the entirety of the property under "virtual tour" and on YouTube. "Park Ridge Peninsula" is an unparalleled waterfront retreat that redefines modern luxury. Perched on a private 1.3-acre lake peninsula with 370 ft of frontage, this architectural masterpiece offers resort-style living just minutes from Park Ridge and Chicago. Arrive via a private road leading to an expansive front yard and a heated 600 sq. ft. garage with skylights that create a showroom ambiance. Inside, the home boasts 17-ft ceilings, hardwood floors, and natural light flooding through large windows and skylights. Nearly every room offers breathtaking lake views, enhancing the sense of tranquility. The gourmet kitchen features custom cabinetry, quartz countertops, and an oversized island under a skylight, alongside a breakfast area with unobstructed lake views. The living spaces include a grand dining area with art niches, a cozy family room with a wet bar and fireplace, and a stunning 670+ sq. ft. living room with 270-degree water views. The split floor plan ensures privacy, with four spacious bedrooms on one wing. The primary suite is a sanctuary, complete with a spa-like bathroom, dual dressing rooms, and private garden access for outdoor yoga or stargazing. A guest suite doubles as an office or gym, offering flexibility for modern living. Outside, the wrap-around patio invites entertaining, while the lake provides year-round activities like fishing, ice skating, and water sports. Surrounded by forest preserve yet close to urban amenities, this residence combines the serenity of a private island with the convenience of city living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,477
Year Built
- Built in 1981
Lot Details
- 1.3 Acre Lot
- Lake Front
- Mature Trees
Parking
- 3 Car Garage
- Parking Included in Price
Home Design
- Contemporary Architecture
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,700 Sq Ft Home
- Open Floorplan
- Built-In Features
- Skylights
- Wood Burning Fireplace
- Includes Fireplace Accessories
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Atrium Room
- First Floor Utility Room
- Wood Flooring
- Water Views
Kitchen
- Breakfast Bar
- Double Oven
- Cooktop with Range Hood
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- Bidet
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Roll-in Shower
- Wheelchair Adaptable
- Accessibility Features
- Doors swing in
- No Interior Steps
- Level Entry For Accessibility
Outdoor Features
- Beach Access
- Tideland Water Rights
- Lake Privileges
- Deck
- Patio
Schools
- George B Carpenter Elementary Sc
- Lincoln Middle School
- Maine South High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Murphy Lake Subdivision
- Community Lake
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Park Ridge, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $2,300,000 | Multiple | |
Warranty Deed | $1,878,000 | Tca |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $250,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $1,500,000 | Purchase Money Mortgage | |
Previous Owner | $340,000 | Unknown | |
Previous Owner | $1,700,000 | Unknown | |
Previous Owner | $1,690,020 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | Sold | $2,100,000 | -12.5% | $368 / Sq Ft |
06/07/2025 06/07/25 | Pending | -- | -- | -- |
06/06/2025 06/06/25 | Price Changed | $2,400,000 | -4.0% | $421 / Sq Ft |
04/02/2025 04/02/25 | For Sale | $2,500,000 | -- | $439 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $34,477 | $133,000 | $53,871 | $79,129 |
2023 | $32,987 | $133,000 | $53,871 | $79,129 |
2022 | $32,987 | $133,000 | $53,871 | $79,129 |
2021 | $21,515 | $76,733 | $48,200 | $28,533 |
2020 | $20,781 | $76,733 | $48,200 | $28,533 |
2019 | $22,221 | $85,259 | $48,200 | $37,059 |
2018 | $30,763 | $107,500 | $42,529 | $64,971 |
2017 | $27,252 | $107,500 | $42,529 | $64,971 |
2016 | $29,496 | $107,500 | $42,529 | $64,971 |
2015 | $34,182 | $115,325 | $36,858 | $78,467 |
2014 | $34,868 | $115,325 | $36,858 | $78,467 |
2013 | $31,737 | $115,325 | $36,858 | $78,467 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Khrystyna Patel
KOMAR
(312) 371-0557
1 in this area
9 Total Sales
-
Buyer's Agent in 2025
Danny McGovern
RE/MAX
(847) 293-4687
153 in this area
265 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12327517

APN: 09-27-306-155-0000
- 44 Park Ln Unit 332
- 285 Boardwalk Place Unit T285
- 125 Boardwalk Place Unit 101
- 20 S Dee Rd
- 25 Boardwalk Place Unit T25
- 200 Thames Pkwy Unit 3M
- 200 Thames Pkwy Unit 1B
- 2420 W Talcott Rd Unit 213
- 300 Thames Pkwy Unit 2A
- 401 Ascot Dr Unit 1C
- 600 Thames Pkwy Unit 2E
- 623 Wesley Dr
- 2300 Windsor Mall Unit 2G
- 38 E Touhy Ave
- 832 Sylviawood Ave
- 904 Florence Dr
- 819 Busse Hwy
- 508 Engel Blvd
- 516 Engel Blvd
- 2104 S River Rd