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Kenilworth 60043
550 Park Drive
$2,400,000
● House - Off Market

550 Park Drive

Kenilworth, IL 60043
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$13,365
Est. Monthly
1.05%
Cap Rate

About This Property

Stately sun filled Tudor home boasts 5 bedrooms, with 4 full bathrooms and 1 half bath and is located on an oversized private lot in a sought-after Kenilworth location. Completely renovated in 2016, this home is a decorator's show home. A wonderful bluestone walkway leads you to the mahogany original front door that was completely restored. Step into the property and you are flanked by a beautiful powder bathroom and a large coat closet. As you step into the foyer, the stately original fireplace and the curved ceiling trim transport you back to the days of high-quality builders and home charm! The formal living room is open to the dining room and boasts many stunning light fixtures, the jewelry of the home, and oversized windows that gleam with sunshine. The open floor plan on the first floor leads you to the spacious family room with gas starting fireplace, built-in bookshelves and 10 foot coffered ceilings. The family room opens up to the eat-in kitchen dining area with an oversized round table and show-stopping light fixture that drips from the oversized ceiling. The chef's dream gourmet kitchen boasts a custom floor to ceiling cabinets, stainless steel appliances, a SubZero refrigerator, Thermador oven, a farmhouse sink with insta hot water, a heated hardwood floor,  and many more upgrades to this picturesque kitchen. Not only is the kitchen highly functional, it is also stunningly beautiful with a decorator backsplash and White Macaubus quartzite countertops. The entrance to the mudroom has an outdoor shower for Lake Michigan beach days, your kids or a dog shower. Step into the mudroom to the bluestone flooring, a separate desk area, and storage galore! It is located next to the sought after attached heated two car garage that leads to a private exercise area. This space can be converted to an outdoor kitchen as water is located behind the walls, a gardening space, or private office - you decide! The complete whole home renovation was inclusive of a brand new second floor primary suite retreat! This dream bedroom has its own thermostat, mechanical window treatments, hardwood floors and leads to a magnificent primary suite bathroom that is covered in Carrera marble. You can bathe in luxury every day in this walk-in shower with stainless steel hardware or dive into into the oversized bathtub with a circulating heater so the water will never get cold. The double sinks, beautiful sconces and marble backsplash insure that every day is a spa adventure. The walk-in and walkthrough closet boast lots of storage and highly functional. The second floor hosts five bedrooms and three full bathrooms. The original primary retreat is the second bedroom and has an en-suite bathroom with a shower. This was also completely renovated in 2016 as was the third full bathroom on the second floor that services the other three spacious bedrooms. There is a pull down attic stairway and storage in the attic. The lower level has a full bathroom, kitchenette area with countertops, playroom and lower level recreation room. There is laundry located on the second floor and additionally a spacious laundry room in the lower level for the bigger loads. The home is located on an oversized 251 x 194 x 163 lot size and a private fully fenced backyard with bluestone patio. Entertaining is this backyard is a dream when you step from the breakfast area onto the outdoor patio in the backyard. This corner location is close to everything in town yet you are privately situated on this oversized lot. Close to parks, train, town, schools and Lake Michigan.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,587
HOA Dues
-
Year Built
1931

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12293355)

Price History

Date / Event Date Event Price
Mar 14, 2025 Sold
Sold
Mar 4, 2025 In contract -
In contract
Feb 24, 2025 Listed by @properties Christie's International Real Estate $2,195,000
Listed by @properties Christie's International Real Estate

Property Highlights


Building Info

Overview

    General

  • Year Built: 1931
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,148
  • Total Building Area: 3,594
  • Gross Building Area: 3,594
  • Building Area: 3,594
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,594
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENILWORTH COMMUNITY DEVELOPMENT
  • Land Acres: 0000000394
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (KENILWORTH)(COMMUNITY)(DEVELOPMENT) A SUB OF NW SE SEC 28-42-13

Neighborhood

  • School District Name: Kenilworth School District 38
  • Census Tract: 800600

Geography

  • District: 23
  • Parcel: 05-28-400-007-0000
  • Block: 2
  • Lot: 1
  • Meridian: SEC 28 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0859
  • Longitude: -87.7199

    Address

  • Full Address: 550 Park Dr
  • Address - House Number: 550
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kenilworth
  • Carrier Code: C006
  • 4-Digit Zip Code: 1095
  • Zip Code: 60043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,109,145
  • Tax Rate Code Area: 23013

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 1,637,119
  • High Value: 1,963,834
  • Low Value: 1,310,404

    Market Valuation

  • Market Total Value: $1,350,000
  • Market Land Value: $514,440
  • Market Improvement Value: $835,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,000
  • Assessed Land Value: $51,444
  • Assessed Improvements Value: $83,556

    Sales

  • Current Sale Contract Date: Mar 06, 2013
  • Current Sale Recording Date: Apr 02, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1409241131

    Financing

  • First Mortgage Financing Type: FIX
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 Kenilworth


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Frequently Asked Questions

When was property at 550 Park Drive built and last sold?
The property at 550 Park Drive was built in 1931 and last sold on Mar 6, 2013 for $950,000.
How much is this home worth?
The estimated value of the home located at 550 Park Drive is $0.
What are some comparable homes to 550 Park Drive?
There are currently no comparable homes to 550 Park Drive.