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Park Ridge is a bustling city and Chicago suburb in Cook County, Illinois, along the Des Plaines River, 17 miles northwest of the downtown area. Tourists visit the city to catch a show at the Pickwick Theater and explore the Wildwood Nature Center. When Chicago was still a developing city, Park Ridge was considered its brick-making center due to its location’s abundant clay deposits. The town was initially named Pennyville after George Penny, the businessman who ran the local Brickyard. The locals finally called it “Park Ridge” because of its location on top of a ridge. Park Ridge is home to more than 37,810 people. Around 82% of the population owns their residence, with a median home value of $407,100, which is more than double the national average of $184,700. The city is highly accessible since it is near rail transportation systems, major expressways, and the O’Hare International Airport.

Home Prices

AVERAGE
620,636 +4%
MEDIAN
527,000 +0%

Relative Price (per sqft.)

PRICE
239 +3%

Listings

ACTIVE
181 -29%
NEW
116 -29%

Market Duration

DAYS
36 0%
Population 37,839 (0.10%)
House Size (sqft.) 2,109 (3.16%)