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  1. Home
  2. /Park Ridge, IL
  3. /Park Lane
  4. /505 - 22 Park Lane
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$1,099,000est. $5,557 MortgageInfo icon
Listed: $ 1,099,000 (Sold on: Jun 13, 2025) Days on Market:73

505- 22 Park Lane, Park Ridge, IL 60068

Park Lane

BEDS

beds

3

BATHS

baths

5

PARKING

parking

2

SQFT

sqft
4300

Description

The coveted sprawling ranch that everyone is looking for, in the sky! You will not believe the amount of space this amazing top floor Park Lane Penthouse condo has to offer. 4300sf of living space with two expansive outdoor terraces, and three private balconies. This is the largest of the three penthouses, it is truly an entertainers dream. When you enter the unit, you are greeted with a grand 20x9 gallery foyer that leads you into the formal dining room, and massive living room with three separate seating areas and a gas fireplace. Off the living room is a home office with amazing views of the beautifully landscaped grounds. On to the newly updated kitchen with custom cabinetry, tons of storage, granite counters, cook top with stainless steel hood, Sub Zero refrigerator, all open to the eating area and family room. Beyond the eating area you have a wet bar perfect for entertaining, along with a wine storage room. The expansive primary bedroom features a second gas fireplace, a walk-in closet with custom shelving, and a beautifully updated primary bathroom. A second large bedroom with plenty of closet space also features a newly renovated en-suite bath. All the bedrooms are connected to outdoor terraces to enjoy the views. A private guest suite that has a balcony, walk-in closet, en-suite bath and its own separate entrance to the hallway. There is no shortage on storage with tons of additional closet space in the unit, and your own 53x13 storage room. Two car heated garage parking right off the elevator, guest parking, 24hr front gate security, on-site management, party room, tennis courts, fitness room, and an outdoor pool!

Description

The coveted sprawling ranch that everyone is looking for, in the sky! You will not believe the amount of space this amazing top floor Park Lane Penthouse condo has to offer. 4300sf of living space with two expansive outdoor terraces, and three private balconies. This is the largest of the three penthouses, it is truly an entertainers dream. When you enter the unit, you are greeted with a grand 20x9 gallery foyer that leads you into the formal dining room, and massive living room with three separate seating areas and a gas fireplace. Off the living room is a home office with amazing views of the beautifully landscaped grounds. On to the newly updated kitchen with custom cabinetry, tons of storage, granite counters, cook top with stainless steel hood, Sub Zero refrigerator, all open to the eating area and family room. Beyond the eating area you have a wet bar perfect for entertaining, along with a wine storage room. The expansive primary bedroom features a second gas fireplace, a walk-in closet with custom shelving, and a beautifully updated primary bathroom. A second large bedroom with plenty of closet space also features a newly renovated en-suite bath. All the bedrooms are connected to outdoor terraces to enjoy the views. A private guest suite that has a balcony, walk-in closet, en-suite bath and its own separate entrance to the hallway. There is no shortage on storage with tons of additional closet space in the unit, and your own 53x13 storage room. Two car heated garage parking right off the elevator, guest parking, 24hr front gate security, on-site management, party room, tennis courts, fitness room, and an outdoor pool!
listing image
listing image 2
listing image 3
505 - Park Lane
$1,099,000
est. $5,557.14 MortgageInfo icon
Listed: $ 1,099,000 (Sold on: Jun 13, 2025)
Days on Market:73

505 - Park Lane

22 Park Lane #505, Park Ridge, IL 60068

BEDS

3

BATHS

5

PARKING

2

SQFT

4,300

Description

The coveted sprawling ranch that everyone is looking for, in the sky! You will not believe the amount of space this amazing top floor Park Lane Penthouse condo has to offer. 4300sf of living space with two expansive outdoor terraces, and three private balconies. This is the largest of the three penthouses, it is truly an entertainers dream. When you enter the unit, you are greeted with a grand 20x9 gallery foyer that leads you into the formal dining room, and massive living room with three separate seating areas and a gas fireplace. Off the living room is a home office with amazing views of the beautifully landscaped grounds. On to the newly updated kitchen with custom cabinetry, tons of storage, granite counters, cook top with stainless steel hood, Sub Zero refrigerator, all open to the eating area and family room. Beyond the eating area you have a wet bar perfect for entertaining, along with a wine storage room. The expansive primary bedroom features a second gas fireplace, a walk-in closet with custom shelving, and a beautifully updated primary bathroom. A second large bedroom with plenty of closet space also features a newly renovated en-suite bath. All the bedrooms are connected to outdoor terraces to enjoy the views. A private guest suite that has a balcony, walk-in closet, en-suite bath and its own separate entrance to the hallway. There is no shortage on storage with tons of additional closet space in the unit, and your own 53x13 storage room. Two car heated garage parking right off the elevator, guest parking, 24hr front gate security, on-site management, party room, tennis courts, fitness room, and an outdoor pool!

Description

The coveted sprawling ranch that everyone is looking for, in the sky! You will not believe the amount of space this amazing top floor Park Lane Penthouse condo has to offer. 4300sf of living space with two expansive outdoor terraces, and three private balconies. This is the largest of the three penthouses, it is truly an entertainers dream. When you enter the unit, you are greeted with a grand 20x9 gallery foyer that leads you into the formal dining room, and massive living room with three separate seating areas and a gas fireplace. Off the living room is a home office with amazing views of the beautifully landscaped grounds. On to the newly updated kitchen with custom cabinetry, tons of storage, granite counters, cook top with stainless steel hood, Sub Zero refrigerator, all open to the eating area and family room. Beyond the eating area you have a wet bar perfect for entertaining, along with a wine storage room. The expansive primary bedroom features a second gas fireplace, a walk-in closet with custom shelving, and a beautifully updated primary bathroom. A second large bedroom with plenty of closet space also features a newly renovated en-suite bath. All the bedrooms are connected to outdoor terraces to enjoy the views. A private guest suite that has a balcony, walk-in closet, en-suite bath and its own separate entrance to the hallway. There is no shortage on storage with tons of additional closet space in the unit, and your own 53x13 storage room. Two car heated garage parking right off the elevator, guest parking, 24hr front gate security, on-site management, party room, tennis courts, fitness room, and an outdoor pool!

Park Lane Market Stats Last 12 months

LOCKER
Contact Us for Info

POSSESSION
Closing
HOA FEESinfo
$1,900 /Monthly

OUTDOOR SPACE
Balcony
TAXES
$20,592.55 (2023)

BUILDING AGE
51 Years
BASEMENT FEATURE
None

PRICE PER SQFTinfo
$256

Market Stats

HOA FEESinfo
$1,900 /Monthly

OUTDOOR SPACE
Balcony
TAXES
$20,592.55 (2023)

BUILDING AGE
51 Years
BASEMENT FEATURE
None

PRICE PER SQFTinfo
$256

Amenities

Parking
Parking
Check Icon
Locker
Locker
Concierge
Concierge
-
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Check Icon
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
-

Amenities

Unit
ParkingParking
Parking GarageParking Garage
Building

Policies

Pet Allowed
Pet Allowed
-
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Unit Price History

DateMLSStatusPrice
Jun 2025MLS#: 12319514Closed$1,000,000
Oct 2015MLS#: 08966743Closed$690,000

Unit Price History

$1,000,000

Closed

Jun 2025MLS#: 12319514

$690,000

Closed

Oct 2015MLS#: 08966743

Monthly Payment Calculator

$9,255 / Monthly

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for informational purposes only. Actual amounts may vary.

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Monthly Payment Calculator

$9,255
Est.
Listing Price
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Down Payment
Interest Rate
Terms
$9,255 / Monthly

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Monthly Mortgage: $5,557
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The Neighborhood: Park Lane, Park Ridge, IL

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  1. Home
  2. /Park Ridge, IL
  3. /Park Lane
  4. /505 - 22 Park Lane
Nearby Cities
Dundee

Neighborhoods

Armour SquareAustinBelmont Cragin
Brighton ParkChathamEdgewaterEdison ParkEnglewoodIndian CreekLight of the CommunityLogan SquareMcCarty BurlingtonOaklandPlum Grove EstatesRichard's GroveRiver NorthSt. JohnSt. Pat'sWest LawnWest Town

ZIP Codes

600026000460053
6007260115601196013760180602036043660447604906049160521605446055060552605866062160638

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