Closed

$1,600,000

516 Prospect Avenue, Park Ridge, IL 60068
5 Beds6 Baths7,000 sqft5 days
516 Prospect Avenue·Park Ridge, IL 60068
5Bedrooms
6Bathrooms
7,000Sq Ft
2001Year Built
About This Home

Just steps to the Country Club and a couple of blocks to Field school. The owners transferred and with three little ones they used the Prospect Splash Pad and Park far more than the courts or the course. Nearly 7000 ft.2 of living space boasting every amenity: an en suite and guest suites, but also a private true elegant office with an exterior entrance for serious business(or convert to a first floor in law?) The second staircase leads directly to the full butler's pantry, which is joined by both the formal dining area and the gourmet kitchen. There's an exercise room with steam shower and a dry sauna, a large rec room and a wine cellar. Enjoy three gas start/wood burning fireplaces these upcoming 3 seasons. There's a one car attached garage for comfort and ease, and a two car detached for motor toys, both adult and child. YOUR TOP PRIORITY, YOUR TOP CHOICE: these luxury standards and this size! There's an extra EXPRESSIONS sheet in the MLS drop down additional information tab with many details.

MLS# 12452619Listed August 22, 2025ResidentialFrench Provincial
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms6
Full Baths5
Half Baths1
Total Rooms14

Size & Structure

Living Area7,000 sqft
Garage Spaces3
Fireplaces3
Year Built2001
Lot Size0.253 acres

Location

CountyCook
TownshipMaine
Zip Code60068

Financial

List Price$1,600,000
Price / Sq Ft$229
Annual Taxes (2023)$26,055
Monthly Tax Est.$2,171
Parcel #09264060540000
Interior Features

Flooring

Hardwood

Heating

Natural GasForced AirZoned

Cooling

Central AirZoned

Basement

FinishedFull

Laundry

Main Level

Fireplace

Wood BurningGas Starter
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Patio

Lot Features

Landscaped
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

ConcreteGarage Door OpenerOn SiteGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

ClubhouseParkPoolTennis Court(s)CurbsSidewalksStreet Paved
Schools
Elementary
Eugene Field Elementary School
District: 64
Middle School
Emerson Middle School
District: 64
High School
Maine South High School
District: 207
Tax & Financial
Annual Taxes
$26,055
Tax Year 2023
Monthly Tax Est.
$2,171
per month
Price per Sq Ft
$229
per square foot
Property Location

516 Prospect Avenue, Park Ridge, IL 60068 — Cook County

$1,600,000
$229 / sqft
516 Prospect Avenue
5 bd6 ba7,000 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
3-car garage
3 fireplaces
0.253 acres
$26,055/yr taxes
$0 HOA (not applicable)
$10,580
estimated monthly payment
Principal & Interest
$8,409/mo
Property Tax
$2,171/mo
$1,600,000
20% — $320,000
3%50%
6.875%
3%12%
Loan Amount
$1,280,000
Down Payment
$320,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Baird & Warner
Agent: Craig Fallico
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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