Foreclosure Homes in Park Ridge, IL

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$254,636 EMV

N Northwest Hwy
Park Ridge, IL 60068

| 2.5 Bath | 1,966 Sq. Ft.

$380,496 EMV

Meacham Ave
Park Ridge, IL 60068

3 Bed | 2 Bath | 1,539 Sq. Ft.


Parkside Dr Unit 2b
Park Ridge, IL 60068

$332,945 EMV

Devon Ave
Park Ridge, IL 60068

3 Bed | 2 Bath | 1,250 Sq. Ft.

$533,954 EMV

Yost Ave
Park Ridge, IL 60068

| 1.5 Bath | 991 Sq. Ft.

$326,570 EMV

Courtland Ave
Park Ridge, IL 60068

3 Bed | 1 Bath | 1,251 Sq. Ft.

$316,285 EMV

Lake Ave
Park Ridge, IL 60068

3 Bed | 1 Bath | 1,204 Sq. Ft.

$453,050 EMV

S Cumberland Ave
Park Ridge, IL 60068

4 Bed | 2 Bath | 2,371 Sq. Ft.

$296,310 EMV

N Northwest Hwy
Park Ridge, IL 60068

3 Bed | 3 Bath | 1,540 Sq. Ft.

$305,342 EMV

N Greenwood Ave
Park Ridge, IL 60068

2 Bed | 2 Bath | 1,210 Sq. Ft.

Displaying 1 - 10 of 18

Home Value Estimator For Park Ridge, IL

There are currently 12,646 real estate properties in Park Ridge, IL, with a median automated valuation model (AVM) price of $477,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Park Ridge, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Park Ridge, IL, is $527,248.00, with the most expensive house in Park Ridge, IL, topping out at $2,780,800.00 and the cheapest home in Park Ridge, IL, clocking in at $43,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Park Ridge, IL!

Rent Prices In Park Ridge, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Park Ridge, IL, is on a rollercoaster ride. The average rent price in Park Ridge, IL, is $2,608.00. Indeed, when looking to rent in Park Ridge, IL, you can expect to pay as little as $1,000.00 or as much as $4,540.00, with the average rent median estimated to be $2,530.00. The good news is that finding an affordable and desirable property to rent in Park Ridge, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Park Ridge, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Park Ridge, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Park Ridge, IL and much more. Save thousands at closing with home foreclosure listings in Park Ridge, IL — up to 75% off market value!

Top Reasons To Live In Park Ridge, IL In 2021

Park Ridge is located in Cook, Illinois, with an estimated municipal population of 36,950 residents. All of the best foreclosed homes for sale in Park Ridge are located in the following zip code areas on 60068. The estimated population per square kilometer (.62 miles) in Park Ridge is 2,012.

Cost Of Living In Park Ridge, IL

So, about how much do homes cost in Park Ridge? The most recent median value of resident-owned homes in Park Ridge is 438,335. An estimated 83.8 percent of households in Park Ridge own their homes, with an average family size of 3.17. The median household income in Park Ridge is 111,642, with55.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Park Ridge, the median commute time of resident workers (in minutes) is 31. And last, but certainly not least, are you looking for homes to rent in Park Ridge? If so, the average rent price paid by renters in Park Ridge is 1,433, according to recent statistics.

Diversity And Demographics In Park Ridge, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Park Ridge, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Park Ridge is 44.9, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Park Ridge is 59, with an average family size of 3.17.

The percentage of residents who report their race in Park Ridge is as follows:

White 90.3%
Black / African American 0.8%
Asian 5.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 2.2%
Other 0.5%

Looking for family-friendly neighborhoods in and/or near Park Ridge? Or maybe you are searching for 55+ active adult communities in and/or near Park Ridge?

The percentage of residents who report their age in Park Ridge is as follows:

Under 10 12.4%
Aged 10-19 13.5%
20s 8.3%
30s 8.8%
40s 14.2%
50s 15.7%
60s 12.6%
70s 8.2%
80+ 6.3%

Best Schools In Park Ridge, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Park Ridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Park Ridge.

Pros And Cons Of Living In Park Ridge, Illinois

How do you know that living in -- or moving to -- Park Ridge is right where you need to be? Perhaps you grew up in Park Ridge or already live nearby; therefore, the decision to buy a home in Park Ridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Park Ridge for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Park Ridge:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Park Ridge.

Reasons To Move To Park Ridge, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Park Ridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Park Ridge, meanwhile, can field multiple offers from more qualified buyers.


Listing types in Park Ridge, IL

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