NOT LISTED FOR SALE

Park Lane Condominiums 44 Park Ln Unit 532 Floor 5 Park Ridge, IL 60068

Estimated Value: $559,000 - $659,605

3 Beds
2.5 Baths
2,750 Sq Ft
1975 Built

Sale Details

Date Sold: August 8, 2025

Last sale price $600,000 $218 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,981 / mo

4 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Landscaped Professionally
  • George B Carpenter Elementary School Rated A
  • Penthouse
  • Lock-and-Leave Community

About This Home

As of August 2025

Welcome to a gorgeous, sunlit penthouse with an expansive open floor plan. The unit features gracious room sizes with four outdoor spaces including a 1000+ sq ft private terrace. Designed for entertaining w/frlc, wet bar & family room in lavish living space. 3 in-unit storage/work rooms. Tree-top views of Murphy Lake. 2 side by side parking spaces. 24 hr guard gate. Resort-like atmosphere w/exercise room, pool & tennis. Unit underwent extensive remodeling in 2015 including new kitchen, updated baths, hardwood floors and architectural trim work throughout. Don"t mis out seeing this move in ready home!

Last Agent to Sell the Property

Jennifer McGinn Jennifer Hubl

@properties Christie's International Real Estate License #475164588 Listed on: 06/20/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Jennifer McGinn Jennifer Hubl

@properties Christie's International Real Estate License #475164588 Listed on: 06/20/2025

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,001

Year Built

  • Built in 1975

Lot Details

  • Landscaped Professionally

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 2,750 Sq Ft Home
  • Wet Bar
  • Bar
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Storage Room
  • Water Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer Hookup

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, security, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 136 Units
  • Brian Kelly Association, Phone Number (847) 692-2668
  • Park Lane Subdivision, Penthouse Floorplan
  • Property managed by Chicago Community Management LLC
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Sundeck
  • Common Area
  • Sauna
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,001

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

HOA Fees

$1,400 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Subdivision Name: Park Lane
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Wet Bar, Storage, Walk-In Closet(s), High Ceilings
  • LivingArea: 2750
  • Room Type: Breakfast Room, Foyer, Terrace, Deck, Storage
  • Stories Total: 5
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Common Grounds, Landscaped
  • View: Water
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Main Level, Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 1400
  • Association Amenities: Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Sauna, Security Door Lock(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Chicago Community Management LLC
  • Management Contact Name: Brian Kelly
  • Management Phone: 847-692-2668

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 14001
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 136

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
Jun 20, 2025
Closed on
Aug 8, 2025
Sold by
Bought by
Seller's Agent
Jennifer McGinn Jennifer Hubl
@properties Christie's International Real Estate
Buyer's Agent
Jennifer McGinn Jennifer Hubl
@properties Christie's International Real Estate
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$632,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,151
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Feb 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 1993
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
$350,000
Interest Rate
6.93%
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
$600,000 Chicago Title
$317,500 Attorneys Title Guaranty Fun
$300,000 --
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 $350,000
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
08/08/2025 08/08/25 Sold $600,000 0.0% $218 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $600,000 -- $218 / Sq Ft
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 $14,001 $70,581 $1,556 $69,025
2024 $14,001 $57,557 $1,286 $56,271
2023 $13,367 $57,557 $1,286 $56,271
2022 $13,367 $57,557 $1,286 $56,271
2021 $12,929 $48,504 $1,150 $47,354
2020 $12,536 $48,504 $1,150 $47,354
2019 $12,536 $54,272 $1,150 $53,122
2018 $10,271 $42,074 $1,014 $41,060
2017 $10,258 $42,074 $1,014 $41,060
2016 $10,370 $42,074 $1,014 $41,060
2015 $7,767 $29,681 $879 $28,802
2014 $8,974 $29,681 $879 $28,802
2013 $8,500 $29,681 $879 $28,802
Source: Public Records

Agents Affiliated with this Home

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About Park Lane Condominiums

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12470092

Midwest Real Estate Data (MRED)

APN: 09-27-306-145-1136

Illinois Cook County Park Ridge 60068

44 Park Ln Unit 532, Park Ridge, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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