This beautifully maintained and recently updated all-brick, maintenance-free ranch offers four bedrooms in a fantastic Park Ridge location! This stunning home features an open floor plan with hardwood floors throughout and a bright, inviting layout perfect for everyday living and entertaining. The fully remodeled kitchen (2022) showcases beautiful cabinetry with plentiful storage, granite countertops, a breakfast bar, and stainless steel appliances. The formal living room and generous family room create two above-grade areas to gather in addition to the abundant lower level. Enjoy a wood-burning fireplace, with a gas starter, that centers the space. Fully finished basement includes your guest bedroom, another full bathroom and a small bar. Rest your mind because this home includes a complete drain system with two sump pumps... and an ATTACHED two car garage. Situated on a corner lot with an in-ground sprinkler system, the home is ideally located just blocks from Mariano's, parks, award-winning Roosevelt Elementary School, ORD and the expressway. Stroll or bike one mile north on Prospect to meet Pazzi Di Pizza, Pennyville Station, Holts, Shakou, fine dining, casual dining, boutiques, shops and the Northwest Metra line to the city. There's nothing to do but move right in and call this home. If gardening appeals to you, plan to nurture these sweet trees: peach, apricot, cherry, apple, plus cranberry and lingonberry bushes and rhubarb.
Closed
$675,000
701 Peterson Ave, Park Ridge, IL 60068
4beds
1,851sqft
Single Family Residence
Built in 1955
6,250 Square Feet Lot
$677,700 Zestimate®
$365/sqft
$3,827 Estimated rent
Home value
$677,700
$617,000 - $745,000
$3,827/mo
Zestimate® history
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List your homeWhat's special
Fully finished basementAttached two car garageCorner lotGenerous family roomAll-brick maintenance-free ranchOpen floor planBright inviting layout
Zillow last checked:
Listing updated:
Listed by:
Stephanie LoVerde 847-903-8589,
Baird & Warner
Bought with:
Anne Rodia, GRI
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12555264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Recreation Room
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X09
Bedroom 4
- Features: Flooring (Wood Laminate)
- Level: Basement
- Area: 144 Square Feet
- Dimensions: 16X09
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Family room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14X14
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Galley), Flooring (Hardwood)
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14X09
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Basement
- Area: 136 Square Feet
- Dimensions: 17X08
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 351 Square Feet
- Dimensions: 27X13
Recreation room
- Features: Flooring (Wood Laminate)
- Level: Basement
- Area: 360 Square Feet
- Dimensions: 30X12
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Laundry: Gas Dryer Hookup, In Unit, Sink
Features
- 1st Floor Bedroom, 1st Floor Full Bath
- Flooring: Hardwood
- Windows: Screens, Drapes
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Gas Starter, Family Room
Interior area
- Total structure area: 2,242
- Total interior livable area: 1,851 sqft
- Finished area below ground: 730
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 6,250 Square Feet
- Dimensions: 50X125
- Features: Corner Lot
Details
- Parcel number: 12024020140000
- Special conditions: None
- Other equipment: Sprinkler-Lawn
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1955
- Major remodel year: 2004
Utilities & green energy
- Sewer: Public Sewer, Overhead Sewers
- Water: Lake Michigan
Community & HOA
Community
- Features: Park, Curbs, Sidewalks, Street Paved
HOA
- Services included: None
Location
- Region: Park Ridge
Financial & listing details
- Price per square foot: $365/sqft
- Tax assessed value: $330,870
- Annual tax amount: $9,510
- Date on market: 5/6/2026
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $675,000+3.9%$365/sqft |
Source:  MRED as distributed by MLS GRID #12555264 Report a problem | ||
| 5/22/2026 | Pending sale | $649,900$351/sqft |
Source: MRED as distributed by MLS GRID #12555264 Report a problem | ||
| 5/20/2026 | Listing removed | $649,900$351/sqft |
Source: MRED as distributed by MLS GRID #12555264 Report a problem | ||
| 5/18/2026 | Pending sale | $649,900$351/sqft |
Source: MRED as distributed by MLS GRID #12555264 Report a problem | ||
| 5/11/2026 | Contingent | $649,900$351/sqft |
Source: MRED as distributed by MLS GRID #12555264 Report a problem | ||
| 5/6/2026 | Listed for sale | $649,900+50.1%$351/sqft |
Source: MRED as distributed by MLS GRID #12555264 Report a problem | ||
| 5/26/2017 | Sold | $433,000-3.8%$234/sqft |
Source: Public Record Report a problem | ||
| 4/8/2017 | Pending sale | $450,000$243/sqft |
Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09566948 Report a problem | ||
| 3/16/2017 | Listed for sale | $450,000$243/sqft |
Source: Berkshire Hathaway HomeServices KoenigRubloff #09566948 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,511 +6.8% | $33,087 |
| 2023 | $8,905 -6.7% | $33,087 -10.6% |
| 2022 | $9,546 +17.8% | $37,000 +37.7% |
| 2021 | $8,104 +3.5% | $26,871 |
| 2020 | $7,832 +0.9% | $26,871 -10.1% |
| 2019 | $7,764 +4.8% | $29,890 +14.4% |
| 2018 | $7,412 +0.8% | $26,118 |
| 2017 | $7,354 +55.4% | $26,118 |
| 2016 | $4,734 -23.2% | $26,118 +14.3% |
| 2015 | $6,163 +1.7% | $22,846 |
| 2014 | $6,057 +5.9% | $22,846 |
| 2013 | $5,720 -12% | $22,846 -22.2% |
| 2012 | $6,497 +3.3% | $29,370 |
| 2011 | $6,291 +10.5% | $29,370 |
| 2010 | $5,691 -2.9% | $29,370 -12.6% |
| 2009 | $5,862 +2.8% | $33,586 -15% |
| 2008 | $5,703 -3.5% | $39,513 -9.2% |
| 2007 | $5,908 +25.4% | $43,510 +37.7% |
| 2006 | $4,710 +5.6% | $31,602 |
| 2005 | $4,459 +7.3% | $31,602 |
| 2004 | $4,156 +6.9% | $31,602 +38.8% |
| 2003 | $3,886 +2.1% | $22,763 |
| 2002 | $3,806 +15.3% | $22,763 -10.8% |
| 2001 | $3,301 +1.4% | $25,513 +35.9% |
| 2000 | $3,256 +2.6% | $18,778 |
| 1999 | $3,174 | $18,778 |
Find assessor info on the county website
Neighborhood: 60068
Nearby homes
- $481,0003 bd2 ba1.6k sqft1804 S Prospect Ave, Park Ridge, IL 60068Off Market
- $448,7003 bd1 ba1.1k sqft1806 S Prospect Ave, Park Ridge, IL 60068Off Market
- $577,3003 bd2 ba1.3k sqft700 Peterson Ave, Park Ridge, IL 60068Off Market
- $573,1004 bd2 ba1.5k sqft1801 S Fairview Ave, Park Ridge, IL 60068Off Market
- $544,9003 bd2 ba1.7k sqft1805 S Fairview Ave, Park Ridge, IL 60068Off Market
- $721,5004 bd3 ba2k sqft1808 S Prospect Ave, Park Ridge, IL 60068Off Market
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- $526,2003 bd2 ba1.2k sqft1809 S Fairview Ave, Park Ridge, IL 60068Off Market
Nearby schools
GreatSchools rating
- 9/10Theodore Roosevelt Elementary SchoolGrades: K-5Distance: 0.7 mi
- 9/10Lincoln Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Maine South High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Theodore Roosevelt Elementary Sc
- Middle: Lincoln Middle School
- High: Maine South High School
- 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
$677,700
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Estimated market value
$677,700
- Illinois
- Cook County
- Park Ridge
- 60068
- 701 Peterson Ave
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