488 Park Ave Glencoe, IL 60022
Estimated payment $25,557/month
Highlights
- Hot Property
- Home Theater
- Recreation Room
- Central School Rated A
- New Construction
- 3-minute walk to Melvin Berlin Park
About This Home
Designed to make daily living in Glencoe a walk in the Park, this exceptional new construction home blends crisp, transitional design with an ideal layout for today's busy lifestyle. The main level features a fully equipped state of the art chef's kitchen, expansive family room with double-sided fireplace open to living room, custom-built library with fireplace and bright mudroom. The second level includes four en-suite bedrooms, highlighted by a private primary suite with dual walk-in closets and a luxurious marble bath, along with a conveniently located laundry room. The spectacular lower level provides another level of recreation and relaxation for the whole family with a sport court, exercise room, basement bar, wine room, and a fully equipped media room. Additional highlights include a four-car garage (two attached and two detached) and a beautifully landscaped, fenced yard featuring a pergola, outdoor fireplace, and bluestone patios. Don't miss the opportunity to collaborate with the Newgard team to tailor this home to your family's unique lifestyle.
Listing Agent
@properties Christie's International Real Estate License #475141421 Listed on: 01/13/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,098
Year Built
- New Construction
Lot Details
- Lot Dimensions are 75 x 198
Parking
- 4 Car Garage
- Parking Available
- Parking Included in Price
Home Design
- Stone Siding
- Stucco
Interior Spaces
- 6,800 Sq Ft Home
- 2-Story Property
- Fireplace
- Mud Room
- Family Room
- Living Room
- Dining Room
- Home Theater
- Library
- Recreation Room
- Home Gym
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
- Basement Window Egress
Schools
- New Trier Twp High School Northfield/Wi
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $19,959 | $107,528 | $38,737 | $68,791 |
| 2024 | $19,959 | $81,965 | $32,778 | $49,187 |
| 2023 | $19,800 | $90,000 | $32,778 | $57,222 |
| 2022 | $19,800 | $90,000 | $32,778 | $57,222 |
| 2021 | $14,657 | $54,455 | $26,818 | $27,637 |
| 2020 | $14,294 | $54,455 | $26,818 | $27,637 |
| 2019 | $13,790 | $59,191 | $26,818 | $32,373 |
| 2018 | $13,898 | $58,107 | $22,348 | $35,759 |
| 2017 | $13,517 | $58,107 | $22,348 | $35,759 |
| 2016 | $12,895 | $58,107 | $22,348 | $35,759 |
| 2015 | $14,010 | $56,114 | $18,623 | $37,491 |
| 2014 | $13,678 | $56,114 | $18,623 | $37,491 |
| 2013 | $14,420 | $61,811 | $18,623 | $43,188 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $4,599,000 | +283.3% | $676 / Sq Ft | |
| 12/05/2025 12/05/25 | Pending | -- | -- | -- | |
| 12/05/2025 12/05/25 | For Sale | $1,200,000 | 0.0% | $559 / Sq Ft | |
| 11/03/2025 11/03/25 | Sold | $1,200,000 | -- | $559 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Chicago Title | |
| Warranty Deed | $517,000 | -- | |
| Warranty Deed | $240,000 | Attorneys Title Guaranty Fun |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $316,000 | No Value Available | |
| Previous Owner | $192,000 | Balloon |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12545576
APN: 05-07-114-026-0000
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