$177,000
$8K PRICE INCREASE

701 Busse Hwy Unit 1A Park Ridge, IL 60068

Estimated payment $1,420/month

Total Views 10,311
1 Bed
1 Bath
700 Sq Ft
$253 Price per Sq Ft

Highlights

  • Living Room
  • Laundry Room
  • Dining Room
  • Franklin Elementary School Rated A-
  • Entrance Foyer
  • Bike Trail

About This Home

Welcome to 701 Busse Highway Unit 1A Park Ridge! Discover this charming one-bedroom, one-bath condo offering the perfect blend of comfort, convenience, and value. Step into a spacious living room with a dedicated dining area, ideal for relaxing or entertaining. The prime Park Ridge location puts you within walking distance to popular restaurants, cafes, bars, the train, and bus stop-everything you need right at your doorstep! Enjoy added perks including a storage locker, bike room, free parking space, and on-site laundry in the basement. With low monthly assessments that include heat and water, this cozy first-level unit is both affordable and inviting. Don't miss your chance to own this wonderful condo in a sought-after area-schedule your showing today!

Listing Agent

Eva Diaz

ExaRealty LLC License #471021069 Listed on: 11/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,347

Year Built

  • Built in 1965

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 700 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Included in Price
  • Assigned Parking

Schools

  • Jefferson Elementary School
  • Emerson Middle School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Tom Dase Association, Phone Number (847) 894-1200
  • Property managed by Park Place Condos

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,347

Year Built

Built in 1965

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 700
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Yes, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 210
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Park Place Condos
  • Management Contact Name: Tom Dase
  • Management Phone: 847-894-1200

Fee Information

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

Schools

  • Elementary School: Jefferson School
  • Middle/Junior School: Emerson Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3346.72
  • Tax Year: 2023

Multi Family

  • Units in Building: 18

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,347 $12,331 $1,011 $11,320
2023 $1,606 $12,331 $1,011 $11,320
2022 $1,606 $12,331 $1,011 $11,320
2021 $231 $8,265 $661 $7,604
2020 $231 $8,265 $661 $7,604
2019 $0 $9,225 $661 $8,564
2018 $0 $6,403 $583 $5,820
2017 $0 $6,403 $583 $5,820
2016 $231 $6,403 $583 $5,820
2015 $273 $5,395 $505 $4,890
2014 $262 $5,395 $505 $4,890
2013 $254 $5,395 $505 $4,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2025 11/26/25 Price Changed $177,000 +4.4% $253 / Sq Ft
11/05/2025 11/05/25 For Sale $169,500 +57.7% $242 / Sq Ft
04/08/2022 04/08/22 Sold $107,500 -8.5% $179 / Sq Ft View Prior Sale
03/22/2022 03/22/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $117,500 -- $196 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Administrators Deed $107,500 --
Administrators Deed $107,500 None Listed On Document
Warranty Deed $45,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $60,000 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12509010

Midwest Real Estate Data (MRED)

APN: 09-27-210-085-1001