See Home Value
$535,000
● House - Off Market

516 Engel Boulevard

Park Ridge, IL 60068
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,660 Ft²
$3,936
Est. Monthly
3.61%
Cap Rate

About This Property

Incredible Engel Blvd Opportunity - Build, Renovate, or Move Right In.  "See photos for preview of new construction plans." Set on a full 50x150 lot in the heart of Park Ridge's prestigious Engel Boulevard, this home presents an exceptional opportunity with endless potential. Whether you're looking to build new, undertake a full renovation, or simply make a few cosmetic updates and move right in, this property fits the bill. The existing home is solid and well-maintained, featuring a previous addition that includes a spacious first-floor family room, second-floor primary suite, and a full basement below-providing a strong foundation for expansion or updates. Two professionally designed architectural plans are also included, offering flexible options for a custom new build or a major remodel. Perfectly located just a half-block from Washington Elementary and close to Lincoln Middle, Maine South High School, parks, the aquatic center, community center, Uptown Park Ridge, and Metra. A rare find in one of the city's most sought-after neighborhoods.
Unit Size
1,660 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$352
Property Type
House
Property Taxes
$1,063
HOA Dues
-
Year Built
1945

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,616
  • Gross Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,616
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLE PLAINE HIGHLANDS
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (BELLE)(PLAINE)(HIGHLANDS) SUB OF SUBLOT 1 IN EHRHARD TS SUB IN EH SEC 34-41-12

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805701

Geography

  • District: 22
  • Parcel: 09-34-220-021-0000
  • Lot: 51
  • Meridian: SEC 34 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0041
  • Longitude: -87.8478

    Address

  • Full Address: 516 Engel Blvd
  • Address - House Number: 516
  • Address - Street Name: Engel
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C007
  • 4-Digit Zip Code: 4459
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,222,298
  • Tax Rate Code Area: 22031

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 583,197
  • High Value: 701,294
  • Low Value: 465,100

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $127,500
  • Market Improvement Value: $342,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,000
  • Assessed Land Value: $12,750
  • Assessed Improvements Value: $34,250

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2127116018
  • Previous Sale Recording Date: Jun 11, 2007
  • Previous Sale Contract Date: May 31, 2007
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park Ridge


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Frequently Asked Questions

When was property at 516 Engel Boulevard built and last sold?
The property at 516 Engel Boulevard was built in 1945 and last sold on May 21, 2021 for $495,000.
How much is this home worth?
The estimated value of the home located at 516 Engel Boulevard is $0.
What are some comparable homes to 516 Engel Boulevard?
There are currently no comparable homes to 516 Engel Boulevard.