Condos InPark Ridge, IL

Park Ridge, IL Condo Market Report (In last 12 months)

Avg. List Price

$383,356 ($243/Sqft.)

Year-Over-Year List Price

4.67%

Total Listings

104

Avg. Days on Market

Avg. Sale Price

$375,233 ($233/Sqft.)

Year-Over-Year Sale Price

7.04%

Total Sold

Avg. HOA Fees/Sqft.

$5/monthly

Park ridge, IL Condo Market Overview

Welcome to Park Ridge, a charming suburban enclave where community spirit flourishes amid a serene landscape. This picturesque city combines the warmth of small-town living with accessible urban conveniences, making it an ideal place to call home. The condo market here is vibrant and diverse, offering everything from affordable garden-style units to luxurious penthouses with panoramic views of the nearby forest preserves. Neighborhoods like Uptown Park Ridge radiate character, featuring chic boutiques and delightful cafes, while East Washington offers a more tranquil atmosphere with its tree-lined streets and proximity to parks. Residents enjoy a strong sense of community, facilitated by local events and top-notch schools. With easy access to downtown Chicago via the Metra, daily commuters find Park Ridge perfectly positioned for work and leisure. Experience the rich history, lush green spaces, and welcoming ambiance of this inviting suburb—where every day feels like a step into a charming neighborhood.

Condos For Sale In Park Ridge, IL

Popular Condos Neighborhoods in Park Ridge, IL

Explore Park Ridge, IL Neighborhoods

Nestled just northwest of Chicago, this charming suburb is celebrated for its picturesque tree-lined streets, strong sense of community, and a rich variety of parks and recreational opportunities. A blend of historic architecture and modern amenities, the area features delightful dining options, vibrant local events, and a commitment to educational excellence, making it an ideal place for families and young professionals alike.

Frequently Asked Questions About Park Ridge, IL

What is it like to live in Park Ridge?

Park Ridge features a suburban lifestyle with a strong sense of community, excellent schools, and access to various parks and recreational areas. The real estate market comprises primarily single-family homes, with a range of options that cater to families and professionals alike. Commuting to Chicago is convenient via trains and nearby highways, enhancing daily accessibility.

What is it like to live in Park Ridge?

Is Park Ridge expensive?

Park Ridge has a higher cost of living compared to the national average, with median home prices around $500,000. The city's real estate market features a mix of single-family homes and townhouses, with some areas, particularly near the downtown, being pricier than others.

Is Park Ridge expensive?

How much is a condo in Park Ridge?

The average cost of a condo in Park Ridge ranges from approximately $200,000 to $400,000, depending on factors like location, size, and amenities. The market is characterized by a mix of mid-century buildings and newer developments, reflecting the suburban nature of the area.

How much is a condo in Park Ridge?

What are the safest neighborhoods in Park Ridge?

Park Ridge is known for its overall safety and low crime rates, particularly in neighborhoods like Elmhurst and Uptown. These areas are characterized by family-friendly environments, well-maintained parks, and access to quality schools, contributing to their appeal as safe residential options.