$1,099,000

22 Park Ln Unit 505 Park Ridge, IL 60068

$10,000
Closing credit¹
3 beds
3 full, 2 partial
4,300 sqft
$256 / sqft
Condo

Property details

About 22 Park Ln Unit 505

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!

Highlights

Home typeCondominium
HeatingElectric, Forced Air
StatusActive
CoolingCentral Air
Size4,300 sqft
Year built1975
ParkingAsphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
MLS #12319514
Garage2 spaces

Summary

  • MLS Number: 12319514
  • MLS Name: MRED
  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 657-7000
  • Listing Agent: Matt Steiger

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Last updated on: 4/13/2025, 11:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,099,000

22 Park Ln Unit 505

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Nov 02, 2015
Home Sold
$690,000
May 12, 2005
Home Sold
$610,000

Tax history

YearAssessmentProperty Tax
2022$81,841$19,682
2021$68,970$19,153
2020$68,970$18,513
2019$77,172$18,504
2018$59,829$15,351
2017$59,829$17,048

History based on county public records data.

Nearby schools

6

George B Carpenter Elementary School

Public District KG-5

0.4 mi

300 N Hamlin Ave

5

George Washington Elementary School

Public District KG-5

0.9 mi

1500 Stewart Ave

2

Orchard Place Elementary School

Public District KG-5

1.2 mi

2727 Maple St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,786. The most common annual income of people living in Park Ridge, IL is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

23%
<35k
42%
35k-100k
21%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
3%
Single, with Kids
36%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
6%
12-17 yrs old
10%
18-34 yrs old
37%
35-64 yrs old
42%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • CadillacCadillac
  • LincolnLincoln
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 22 Park Ln Unit 505

This home is located at 22 Park Ln Unit 505 in Park Ridge, IL and zip code 60068 in the Park Lane neighborhood. This 4,300 square foot home was built in 1975. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $1,099,000.

While more than 8 listings in Park Ridge, IL in March 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 20 were sold below. Between February and March 2025, Park Ridge, IL real estate market has seen increase in the number of listings by 17%. The median list price of listings available in March 2025 was $549,100, while the average time on the real estate market was 33 days.

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

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