Bob Dohn Schaumburg Real Estate


Park Ridge

 

Statistics

Current

1988

Population

37,039

38,704

Avg. Home Value

306,191

183,000

Avg. Income

78,375

50,044

Avg. Tax Bill

3,893

 

Median Age

41

35

Building Permits

97

29

Avg. Apartment Rent

700

590

Village Hall

847-318-5200

 

Description: Park Ridge is a pleasant, family-oriented community located 14 miles from the Loop. Much of life revolves around the schools and their activities.

 

Couples with school-age children are attracted to this suburb, causing increased enrollment in many of the elementary schools, which have been expanded to meet demand.

 

The park district's new community center features pools, a running track, a whirlpool and a sauna. Other facilities include a golf range, senior center and the Wildwood Nature Center.

 

Housing: A majority of the homes were built in the 1950s, although the popular Georgians and Tudors were built before World War II. Other styles include Victorians, Cape Cods, Dutch Colonials and ranches. Although prices can exceed $1 million, the average 1998 sale price was $306,191. Attached-housing prices vary, but averaged $160,829 in 1998

 

Transportation: The Kennedy Expressway (I-90) and the Tri-State Tollway (I-294) have interchanges in the community, a Union Pacific rail line runs through town, and a CTA stop is located on the south end of town. Drive times to the Loop and Midway Airport are 30 minutes. It takes five minutes to get to O'Hare Airport. CTA trains stop at Cumberland Avenue and reach the Loop in 40 minutes. Commuters can reach the Loop in 20 to 25 minutes from the two Metra stations. Bus service is available.

 

Schools: Most students in Park Ridge attend district 64 schools, while a small area on the north side of town is served by district 63. Students in third, sixth and eighth grades scored well above average on the math and reading portions of the IGAP exam.

 

Most teenagers attend Maine South High School district 207, while others go to Maine East High School. The 1998 average ACT composite score was 21.9 at Maine East, and 23.4 at Maine South.

 

Source: Living in Greater Chicago, www.greaterchicago.com

 

Coldwell Banker Schaumburg Coldwell Banker Residential Brokerage
20 South Roselle Road , Schaumburg, IL 60193

 

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