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  • $455,000

    1216 N Northwest Hwy, Park Ridge, IL 60068

    4beds
    --sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $455,800 Zestimate®
    $--/sqft
    $2,396 Estimated rent

    Home value

    $455,800

    $415,000 - $501,000

    $2,396/mo

    Zestimate® history
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    $3,356/mo

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    What's special

    Fenced backyardHardwood flooring throughout
    Rare opportunity in sought-after Park Ridge, this solid 2-unit property is ideal for investors or owner-occupants looking for rental income with future flexibility to convert back to a single-family home. Both units are currently occupied and feature hardwood flooring throughout. The first-floor unit offers approximately 750 sq ft with 5 rooms plus a sunroom, including 2 bedrooms, 1 bath, kitchen, dining room and living room. The second-floor unit provides approximately 600 sq ft with 2 bedrooms, 1 bath, an eat-in kitchen, and living room. Each unit includes one garage space and driveway parking. The property also features a full basement with coin laundry and ample storage, a fenced backyard, boiler updated in 2021 and a newer hot water heater (2025) serving the lower unit. A strong income-producing property in a prime location with long-term upside. Close to everything - schools, parks and shopping!

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Froiland 630-699-9655,

    Keller Williams ONEChicago,

    Michelle Russell 312-953-4533,

    Keller Williams ONEChicago

    Bought with:

    Shreejung Rai

    Century 21 Universal

    Source: MRED as distributed by MLS GRID,MLS#: 12690382MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 7,405 Square Feet
    Details
    • Parcel number: 09223120160000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Park Ridge

    Financial & listing details

    • Tax assessed value: $400,000
    • Annual tax amount: $10,856
    • Date on market: 6/28/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/3/2026Sold$455,000-7.1%
    Source: MRED as distributed by MLS GRID #12690382 Report a problem
    7/17/2026Contingent$490,000
    Source: MRED as distributed by MLS GRID #12690382 Report a problem
    6/28/2026Listed for sale$490,000-2%
    Source: MRED as distributed by MLS GRID #12690382 Report a problem
    6/28/2026Listing removed$500,000
    Source: MRED as distributed by MLS GRID #12665047 Report a problem
    6/24/2026Contingent$500,000
    Source: MRED as distributed by MLS GRID #12665047 Report a problem
    6/16/2026Listed for sale$500,000
    Source: MRED as distributed by MLS GRID #12665047 Report a problem
    6/10/2026Contingent$500,000
    Source: MRED as distributed by MLS GRID #12665047 Report a problem
    6/2/2026Listed for sale$500,000-8.3%
    Source: MRED as distributed by MLS GRID #12665047 Report a problem
    6/2/2026Listing removed$545,000
    Source: MRED as distributed by MLS GRID #12619970 Report a problem
    4/15/2026Listed for sale$545,000
    Source: MRED as distributed by MLS GRID #12619970 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,595 +6.8%$40,000 +0%
    2023$10,856 +4.4%$39,999
    2022$10,402 -3%$39,999 +13.4%
    2021$10,727 +4.1%$35,268
    2020$10,301 -2.5%$35,268 -13%
    2019$10,566 +5.2%$40,539 +15.5%
    2018$10,048 +0.4%$35,112
    2017$10,005 +3.9%$35,112
    2016$9,634 +13.1%$35,112 +27.2%
    2015$8,515 +2%$27,608
    2014$8,347 +5.6%$27,608
    2013$7,907 -8.3%$27,608 -21.7%
    2012$8,627 +5.1%$35,273
    2011$8,204 +1.3%$35,273
    2010$8,099 -6.1%$35,273 -12.4%
    2009$8,623 -4.1%$40,280 -16.2%
    2008$8,990 +0.1%$48,067
    2007$8,978 +24%$48,067 +30.2%
    2006$7,238 +6%$36,913
    2005$6,829 +5.4%$36,913
    2004$6,480 +22.9%$36,913 +30.8%
    2003$5,273 +2.2%$28,230
    2002$5,160 +3.8%$28,230
    2001$4,971 +1.6%$28,230 +12.3%
    2000$4,892 +11.4%$25,128
    1999$4,391 $25,128
    Find assessor info on the county website

    Neighborhood: 60068

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 64

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $455,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $455,800