When was property at 531 Cedar Street built and last sold?

The property at 531 Cedar Street was built in 1924 and last sold on Feb 1, 2002 for $467,500.

How much is this home worth?

The estimated value of the home located at 531 Cedar Street is $0.

What are some comparable homes to 531 Cedar Street?

There are currently no comparable homes to 531 Cedar Street.

Park Ridge

60068

Park Ridge

531 Cedar Street

$760,000

● House - Off Market

531 Cedar Street

Park Ridge, IL 60068

3 Beds

2 Baths, 1 Half Bath

2,523 Ft²

$4,290

Est. Monthly

3.16%

Cap Rate

About This Property

Finally! What you have been waiting for!! Steps to uptown, metra, Trader Joes, library and all the wonderful eateries and shops Park Ridge has to offer. This Byrne/Iannelli architectural beauty is rich in history and character. This home was commissioned by William Malone - the first mayor of Park Ridge. The front porch welcomes you into gracious sun -filled rooms thru out. 9 foot ceilings! You will love the living room with its excellent natural light overlooking the private courtyard of Cedar Court, a beautiful, one-of-a kind, park-like setting. 1st floor office/bedroom is adjacent to half bath. Sun room overlooks picturesque backyard with mature landscaping. Finished basment is wonderful for family gaming or relaxing. Replacement windows in kitchen, sitting room and upstairs. Copper plumbing/ updated electric/ Boiler-2023/stove-2022. This one won't last!!

Unit Size

2,523 Ft²

Days on Market

Land Size

Price per sqft

$277

Property Type

House

Property Taxes

$858

HOA Dues

Year Built

1924

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11982610)

Price History

Date / Event	Date	Event
Jun 4, 2024	Sold	Premium
Sold
May 10, 2024	Listed by @properties Christie's International Real Estate	$699,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1924

Building Count: 1
Total Rooms: 7
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 0
Building Style: 63
Exterior Walls Type: 12
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: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,904

Total Building Area: 1,807
Gross Building Area: 1,807
Building Area: 1,807
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 10
Heated Square Feet: 1,807
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: W H MALONES RESUB
Land Acres: 0000000159
Standard Land Use Code: 1001
County Land Use Code: 2-05
Legal Description 1: LOTS11&12 BLK6 PENNY & ROOTS SUB BL KS6&7 PENNY & MEACHAMS SUB

Neighborhood

School District Name: Park Ridge Consolidated Community School District 64

Census Tract: 805501

Geography

District: 22

Parcel: 09-26-425-007-0000
Block: 6
Lot: 1
Meridian: SEC 26 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0132
Longitude: -87.8311

Address

Full Address: 531 Cedar St

Address - House Number: 531
Address - Street Name: Cedar
Address - Suffix Type: St
State: IL
City Name: Park Ridge
Carrier Code: C024
4-Digit Zip Code: 3301
Zip Code: 60068

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,029,294
Tax Rate Code Area: 22031

Appraisal Valuation

Standard Deviation: 0.2284

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 607,081
High Value: 745,761
Low Value: 468,401

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $430,000

Market Land Value: $124,270
Market Improvement Value: $305,730

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $43,000
Assessed Land Value: $12,427
Assessed Improvements Value: $30,573

Sales

Current Sale Contract Date: Feb 01, 2002

Current Sale Recording Date: Feb 13, 2002
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 0020178492

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Park Ridge

Stats & Trends

Median Asking:

$600,000

Sale Price/ft²

$298

Below Asking

0.01%

Average Days on Market

Average Home Size

2127 ft²

Average Home Age

54.8 years

Currently For Sale

58 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,700 /mo

2 Beds
2 Baths
1,400 ft²

7500 W Cleveland Street, Niles, IL, 60714 Listing by Karen Finnander

Unit for rent at 8522 W Normal Avenue W, Niles, IL, 60714

$2,900 /mo

3 Beds
1 Bath
1,400 ft²

8522 W Normal Avenue W, Niles, IL, 60714 Listing by Irina Khaykin

Unit for rent at 7440 W Everell Avenue, Chicago, IL, 60631

$3,000 /mo

3 Beds
1 Bath
1,056 ft²

7440 W Everell Avenue, Chicago, IL, 60631 Listing by Marta Romeo-Waliszewska

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Gretchen Gullo, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11982610

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

531 Cedar Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Park Ridge

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions