NOT LISTED FOR SALE

516 Engel Blvd Park Ridge, IL 60068

Estimated Value: $538,000 - $621,544

0.17 Acres
$3,390,506 Price per Acre
7,405 Sq Ft Lot

Sale Details

Date Sold: October 10, 2025

Last sale price $535,000 $331 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,158 / mo

7 Days on Market

Highlights

  • Georgian Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • George Washington Elementary School Rated A

About This Lot

As of October 2025

Incredible Engel Blvd Opportunity - Build, Renovate, or Move Right In. "See photos for preview of new construction plans." Set on a full 50x150 lot in the heart of Park Ridge's prestigious Engel Boulevard, this home presents an exceptional opportunity with endless potential. Whether you're looking to build new, undertake a full renovation, or simply make a few cosmetic updates and move right in, this property fits the bill. The existing home is solid and well-maintained, featuring a previous addition that includes a spacious first-floor family room, second-floor primary suite, and a full basement below-providing a strong foundation for expansion or updates. Two professionally designed architectural plans are also included, offering flexible options for a custom new build or a major remodel. Perfectly located just a half-block from Washington Elementary and close to Lincoln Middle, Maine South High School, parks, the aquatic center, community center, Uptown Park Ridge, and Metra. A rare find in one of the city's most sought-after neighborhoods.

Last Agent to Sell the Property

Ralph Milito

@properties Christie's International Real Estate License #471005750 Listed on: 09/04/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Sarah Coady

@properties Christie's International Real Estate License #471005872

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,756

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • 1 Car Detached Garage
  • Driveway

Schools

  • George Washington Elementary Sch
  • Lincoln Middle School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$12,756

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • Current Use: Single Family
  • ArchitecturalStyle: Georgian
  • Property Sub-Type: 2 Stories
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Storm Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected
  • Water Source: Municipal Water

Schools

  • Elementary School: George Washington Elementary Sch
  • High School: Maine South High School
  • Middle/Junior School: Lincoln Middle School

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 3400
  • Rental Unit: Monthly

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 12756.1
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2025
Closed on
Oct 7, 2025
Sold by
Bought by
Seller's Agent
Ralph Milito
@properties Christie's International Real Estate
Buyer's Agent
Sarah Coady
@properties Christie's International Real Estate
List Price
$585,000
Sold Price
$535,000
Premium/Discount to List
-$50,000
-8.55%
Views
19
Current Estimated Value
$576,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,386
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Aug 11, 2023
Sold by
Bought by

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 21, 2021
Sold by
Bought by
Seller's Agent
Danny McGovern
RE/MAX Properties Northwest
Buyer's Agent
Hady Gendusa
Mega Realty Inc.
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$371,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Bought by

Purchase Details

Closed on
May 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.3%

Purchase Details

Closed on
Apr 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.18%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$535,000 None Listed On Document
-- None Listed On Document
$495,000 Chicago Title
-- None Available
$650,000 Chicago Title Insurance Co
$370,000 --
$330,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $371,250
Previous Owner $294,000
Previous Owner $264,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 Sold $535,000 -8.5% $331 / Sq Ft
09/11/2025 09/11/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $585,000 +18.2% $362 / Sq Ft
06/03/2021 06/03/21 Sold $495,000 -1.0% $306 / Sq Ft View Prior Sale
02/27/2021 02/27/21 For Sale -- -- --
02/27/2021 02/27/21 For Sale $500,000 +1.0% $309 / Sq Ft
02/18/2021 02/18/21 Off Market $495,000 -- --
02/18/2021 02/18/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $500,000 0.0% $309 / Sq Ft
11/07/2016 11/07/16 Rented $2,200 0.0% --
09/20/2016 09/20/16 Price Changed $2,200 -12.0% $1 / Sq Ft
08/10/2016 08/10/16 For Rent $2,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,756 $54,000 $15,000 $39,000
2024 $12,756 $47,000 $12,750 $34,250
2023 $12,223 $47,000 $12,750 $34,250
2022 $12,223 $47,000 $12,750 $34,250
2021 $11,095 $36,478 $7,875 $28,603
2020 $10,654 $36,478 $7,875 $28,603
2019 $12,313 $47,241 $7,875 $39,366
2018 $9,678 $33,818 $6,750 $27,068
2017 $10,548 $37,017 $6,750 $30,267
2016 $10,902 $39,733 $6,750 $32,983
2015 $9,839 $31,901 $5,625 $26,276
2014 $9,645 $31,901 $5,625 $26,276
2013 $9,969 $34,810 $5,625 $29,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12462953

Midwest Real Estate Data (MRED)

APN: 09-34-220-021-0000

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