$490,000
SOLD MAY 16, 2025

400 S Northwest Hwy Unit 202B Park Ridge, IL 60068

2 Beds
2 Baths
1,980 Sq Ft
$793/mo HOA Fee

Recently Sold

$247 Per Sq Ft

4% Below List Price

43 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Balcony
  • Eugene Field Elementary School Rated A-
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of May 2025

This Waterford Place of Park Ridge developer's model condo is now available!! At nearly 2,000 sq feet, this gorgeous 2 bed/2 bath corner unit offers everything. Instantly step into a huge open area perfect for entertaining with family and friends. In the kitchen you will find stunning quartz countertops, back splash, and breakfast bar alongside all stainless steel appliances. The 23' x 19' primary bedroom is one of the biggest ones you will see. Just past 2 walk-in closets, you will find your primary bathroom with double sinks, a walk-in shower, AND a large jetted tub. You will love your in-unit washer and dryer, modern blinds, along with 2 large balconies facing southwest and southeast to capture sunlight all day long. Includes 2 assigned parking spaces and 2 large private storage units located in the heated basement garage. What's nearby? Stroll on over to beautiful historic Uptown Park Ridge or head toward the trendy new eateries in Edison Park, each about a half mile away. The Metra and the Kennedy provide easy access to downtown or O'Hare. Perfect location and so much more. The Waterford Place is a non-smoking property.

Last Agent to Sell the Property

Daniel Gibbons

Baird & Warner License #475191438 Listed on: 02/21/2025

Last Buyer's Agent

Mary Aloisio

@properties Christie's International Real Estate License #475168184

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,254

Year Built

  • Built in 1997

HOA Fees

  • $793 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Window Screens
  • Panel Doors
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Home Security System
  • Door Monitored By TV

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 39 Units
  • Mike Lobono Association, Phone Number (312) 468-8100
  • Property managed by The Building Group

Amenities

  • Service Elevator
  • Package Room
  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,254

Year Built

Built in 1997

Lot Details

0

HOA Fees

$793 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1980
  • Other Equipment: Security System, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Storage, Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Panel Door(s)
  • Window Features: Blinds,Curtains/Drapes,Screens,Window Treatments
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony, Door Monitored By TV
  • List Price: 510000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air, Radiant
  • Laundry Features: Washer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 793
  • Association Amenities: Elevator(s), Storage, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: Mike LoBono
  • Management Phone: 312-468-8100
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 64

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 10254
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Apr 28, 2025
Sold by
Gibbons Thomas E and Gibbons Family Trust
Bought by
Sandra R Larson Trust and Larson
Seller's Agent
Daniel Gibbons
Baird & Warner
Buyer's Agent
Mary Aloisio
@properties Christie's International Real Estate
List Price
$510,000
Sold Price
$490,000
Premium/Discount to List
-$20,000
-3.92%
Views
62
Current Estimated Value
$458,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,005
Avg. Annual Appreciation
7.18%
Original Mortgage
$392,000
Outstanding Balance
$390,958
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$110,379

Purchase Details

Closed on
Jan 29, 2015
Sold by
Gibbons Thomas E and Gibbons Mary E
Bought by
Gibbons Family Trust

Purchase Details

Listed on
Aug 22, 2013
Closed on
Sep 20, 2013
Sold by
Braun Raymond A
Bought by
Gibbons Thomas E and Gibbons Mary E
Seller's Agent
Liz Bulf
Jameson Sotheby's International Realty
Buyer's Agent
Kenneth Guzzetta
RE/MAX Properties Northwest
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%

Purchase Details

Closed on
Feb 19, 1997
Sold by
Norwood Builders Inc
Bought by
Braun Marie T and Braun Raymond A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $490,000 Chicago Title
Interfamily Deed Transfer -- None Available
Trustee Deed $345,000 Ct
Warranty Deed $305,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $490,000 -3.9% $247 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $510,000 0.0% $258 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $510,000 +47.8% $258 / Sq Ft
09/25/2013 09/25/13 Sold $345,000 -1.1% $182 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $349,000 -- $184 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $10,254 $43,750 $3,706 $40,044
2023 $9,777 $43,750 $3,706 $40,044
2022 $9,777 $43,750 $3,706 $40,044
2021 $7,233 $29,776 $2,289 $27,487
2020 $7,066 $29,776 $2,289 $27,487
2019 $6,963 $32,888 $2,289 $30,599
2018 $7,286 $31,643 $1,962 $29,681
2017 $7,286 $31,643 $1,962 $29,681
2016 $7,508 $31,643 $1,962 $29,681
2015 $7,099 $27,513 $1,635 $25,878
2014 $7,683 $29,816 $1,635 $28,181
2013 $7,786 $29,816 $1,635 $28,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12281146

Midwest Real Estate Data (MRED)

APN: 09-36-111-056-1041