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Backup Offers

701 S Prospect Ave, Park Ridge, IL, 60068

$1,275,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,512 SqFt
$363/SqFt
House
Schools Nearby

Location

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701 S Prospect Ave, Park Ridge$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage3 spaces
Year Built2001
HeatingNatural Gas, Electric, Forced Air, Baseboard
CoolingCentral Air
BasementYes
WaterfrontFencing
FireplaceGas Log
MLS #11994447
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Contingent)

About 701 S Prospect Ave

Proudly perched on Prospect, one of Park Ridge's premier avenues, this beautiful brick 5 bedroom 3 1/2 bath home beckons to you. The soaring two-story foyer welcomes you. Elegance reigns in the serene living room which leads to the whimsical formal dining room. Amish custom cabinets crown the charming kitchen which features double ovens, granite countertops, an impressive island, large breakfast nook and wonderful walk-in pantry. The adjacent fabulous family room's stone-flanked gas fireplace and overhead speaker system are ideal for entertaining. The nearby mudroom is outfitted with heated floors, built-ins and a sink. A lovely powder room and outstanding office (with custom mahogany built-ins) complete the main floor. Upstairs, you'll find 4 beautiful bedrooms which are cozily carpeted and bathed in light. All of the bedrooms boast generous closets and solid, six-panel doors. The primary suite is graced with a double-door entryway, tray ceiling, 2 walk-in closets and ample space for furniture. Its ensuite bathroom happily has a deep jetted tub, separate shower and dual sink vanity. The colorful hallway bathroom has a pleasing tub/shower combo and dual sink vanity. The sporty wet bar is the star of the basement. Bordered by a relaxing rec room (with built-ins and surround sound), peaceful 5th bedroom, fashionable full bathroom (with heated floors) and a large laundry room (also with heated floors), this level was thoughtfully designed with hospitality in mind. Delight in the abundant storage throughout this fantastic home. Mature landscaping and a paver patio (which shares the family room's speaker system) frame this pleasing property. A cedar-sided 3-car garage and additional pad offer plenty of parking options. This exceptional house provides contemporary comfort on all levels and is mere minutes from the best school, entertainment and recreational options Park Ridge has to offer. Welcome home!MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST OFFERS DUE MONDAY APRIL 22ND BY 5:00 P.M. NO ESCALATION CLAUSES OR LOVE LETTERS WILL BE ACCEPTED.

Property Details

Property Features

Property Information:

  • Year Built: 2001
  • Living Area: 3,512 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 692-5522
  • Listing Agent: Erin Doubleday

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Yes
  • Interior: Bar-Wet, Hardwood Floors, Heated Floors, Built-in Features, Some Carpeting, Drapes/Blinds, Granite Counters, Separate Dining Room, Pantry
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Brick Paver Patio, Storms/Screens

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Maine South High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Theodore Roosevelt Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: E or W on Touhy Avenue to Prospect Avenue. S to 701.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000
  • Price Per SqFt: $363/SqFt

Tax Information:

  • Annual Amount: $21,405
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Park Ridge, IL.

Med. Sold Price

$526.9K

Med. Price/SqFt

$264

Avg. Days On Market

28

# of Sold Homes

42

701 S Prospect Ave vs Park Ridge

13 DAYS ON ROCKET

-15 Days

$1,275,000

+$748K More

$363/SqFt

+$98 More

KEY TAKEAWAY

This property is $748K more than the Median Sold Price and $98/SqFt more than other homes in Park Ridge, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11994447

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 692-5522
  • Listing Agent: Erin Doubleday

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Property Sales & Tax

Listing History

Jun 16, 2008Home Sold
$1,090,000
Apr 04, 2001Home Sold
$800,000
Mar 19, 2001Home Sold
$794,000
Oct 06, 1999Home Sold
$358,500

Tax History

YEARPROP. TAXASSESSMENT
2019$21,405$85,555
2018$19,749$72,450
2017$19,683$72,450

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3798218
8
/10
  • Theodore Roosevelt Elementary School

  • 1001 S Fairview Ave

  • 0.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3798219
9
/10
  • Lincoln Middle School

  • 200 S Lincoln Ave

  • 0.70 miles

  • Public District Grades 6-8

High School

school-card-donut-3798220
9
/10
  • Maine South High School

  • 1111 S Dee Rd

  • 1.03 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,734. Most Park Ridge, IL residents have annual incomes between $35k-100k. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 S Prospect Ave

What is the listing price of this property?

The listing price of 701 S Prospect Ave property is $1,275,000.

What type of property is this?

The property 701 S Prospect Ave is a house located in Park Ridge, Illinois, 60068.

Is this property for sale now?

Accepting Backup Offers: 701 S Prospect Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 701 S Prospect Ave are:
Theodore Roosevelt Elementary School: GreatSchools Rating 8/10
Lincoln Middle School: GreatSchools Rating 9/10
Maine South High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $21,405 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 16, 2008 for $1,090,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 701 S Prospect Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 701 S Prospect Ave is 3,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Prospect Ave is 2001.

Rocket Homes›Illinois›Cook County›Park Ridge›60068›701 S Prospect Ave

This home is located at 701 S Prospect Ave in Park Ridge, IL and zip code 60068 in the Fred I. Gillick's neighborhood. This 3,512 square foot home, which was built in 2001, sits on a 0.19 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,275,000.

Park Ridge, IL housing market in March 2024 saw over 9 listings sold above listed price, more than 6 sold at listed price and over 27 sold below. The number of listings in Park Ridge, IL increased by 21.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 28 days, the median list price was $526,964.

From Rocket Homes Real Estate and based on county public records data.

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