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463 Summit Ave

Park Ridge, IL 60068

3 bd 3 ba 2,150 sqft Built 2008 Lot 4,296 sqft townhomes
Most recent sale
$597,000
Mar 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2023 Sold $625,000 Public Record
Jun 30, 2023 Sold $625,000 MRED
Jun 2, 2023 Listed $639,900 MRED
May 1, 2023 Listing removed $639,900 MRED
Apr 12, 2023 Listed $639,900 MRED
Mar 23, 2022 Sold $597,000 MLS #11311132
Jan 25, 2022 Listed $599,900 MLS #11311132
Mar 7, 2013 Sold $445,000 Public Record
Oct 30, 2008 Sold $550,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $41,000 $9,000 $50,000 $12,670
2022 $41,000 $9,000 $50,000 $12,113
2021 $38,260 $4,510 $42,770 $11,995
2020 $38,260 $4,510 $42,770 $11,585
2019 $42,490 $4,510 $47,000 $11,356
2018 $45,568 $3,866 $49,434 $13,163
2017 $45,568 $3,866 $49,434 $13,125
2016 $45,568 $3,866 $49,434 $12,878
2015 $37,329 $3,222 $40,551 $11,698
2014 $37,329 $3,222 $40,551 $11,484
2013 $37,329 $3,222 $40,551 $10,860
2012 $41,318 $3,759 $45,077 $10,414
2011 $41,318 $3,759 $45,077 $10,015
2010 $41,318 $3,759 $45,077 $9,933
2009 $40,321 $3,866 $44,187 $8,572

Property facts

Year built
2008
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,150 sqft
Lot size
4,296 sqft
ZIP code
60068
City
Park Ridge
Street
Summit Ave
Coordinates
42.00580, -87.82235

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,870
Gross rental yield
7.78%
Implied cap rate
5.06%
Trend-extrapolated value

Frequently asked questions

When did 463 Summit Ave last sell?
463 Summit Ave most recently sold on Mar 23, 2022 for $597,000.
What is the current tax assessment for 463 Summit Ave?
The most recent total assessment for 463 Summit Ave (year 2023) is $50,000 with $12,670 in property tax.
How does 463 Summit Ave's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $597,000.
When was 463 Summit Ave built?
463 Summit Ave was built in 2008.
How does 463 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 463 Summit Ave?
463 Summit Ave is a 3 bed, 3 bath, 2,150 sqft, 4,296 sqft lot townhomes.
Is 463 Summit Ave a flip candidate?
No — 463 Summit Ave does not appear in our flips dataset.
Is 463 Summit Ave a tax-appeal candidate?
No — 463 Summit Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.9%
Implied 1-yr
-15.6%
2026 Q3
$451.3K
2026 Q4
$427.8K
ZIP 60068 — Median Price History + Forecast

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