Park Ridge Real Estate Real Estate

Get Cash at Closing When Purchasing in Park Ridge, IL

Park Ridge, Illinois is a suburb of approximately 38,000 residents located 15 miles northwest of Chicago. It is conveniently located near major expressways and O'Hare International Airport. It is probably best know as the hometown of former First Lady and current U.S. Secretary of State Hillary Rodham Clinton.

The slogan for Park Ridge is, "A Wonderful Place". It is a charming town of tree-lined streets, fine architecture anchored by the art-deco Pickwick Theater, excellent schools and a thriving park district.

There is a wide selection of real estate in Park Ridge from multi-million dollar mansions to condominium units near $100,000. Median home prices have seem to weather the recent downturn in the real estate market better than other areas throughout the Chicago metro area.

Median Home Prices in Park Ridge, IL

Neighborhood	Property Type	Year	Q1	Q2	Q3	Q4
Park Ridge	Condos and Townhomes	2008	$262,500	$257,500	$265,750	$162,500
Park Ridge	Condos and Townhomes	2009	$294,950	$177,875	$264,500	$200,000
Park Ridge	Condos and Townhomes	2010	$223,000	$222,000	$173,500	$173,500
Park Ridge	Condos and Townhomes	2011	$117,000
Park Ridge	Single Family Homes	2008	$445,000	$434,000	$439,000	$490,000
Park Ridge	Single Family Homes	2009	$410,000	$400,000	$400,000	$333,000
Park Ridge	Single Family Homes	2010	$392,500	$396,500	$375,000	$370,000
Park Ridge	Single Family Homes	2011	$357,500

Source: Chicago Association of Realtors; data deemed accurate but not guaranteed.

If you are looking to purchase real estate in Park Ridge you may be able to receive $1,000s in cash at closing with our Buyer Rebate Plan. Call us today at 312-282-7349.