Itasca · DuPage County · IL
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Park Place.
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About the community
A well-run late-1990s townhome community in far north Itasca.
Park Place of Itasca is an attached-home community on Bay Drive, a private loop on the south side of Devon Avenue just east of Route 53, with West Pierce Road along its southern edge. It was built by Tantillo Homes in phases from the late 1990s, and the mix is mostly four-unit townhome rows plus a stacked and raised-ranch plan type defined in the recorded declaration. Ownership is fee simple with a homeowners association rather than a condominium. What stands out is how actively the place is run: a seven-member owner board meeting roughly twice a month, professional management, published minutes, a reserve study in progress, and a long queue of capital projects from retaining walls to a multi-year window replacement program. That is why a community approaching thirty still shows well, and it is also the tradeoff, because exteriors here are governed closely.
At a glance
Attached townhome community
Mostly four-unit rows, plus a stacked and raised-ranch plan type, held fee simple with an association rather than as condominiums.
Assessment covers the envelope
Roofs, siding and brick, windows under a replacement program, trim paint, private streets, snow removal, landscaping, and master insurance.
No pool or clubhouse
Despite what several aggregator sites claim, nothing in the declaration, rules, or board minutes references a pool, clubhouse, or playground.
Itasca District 10
One school per grade band: Benson Primary, Franzen Intermediate, and Peacock Middle School, then Lake Park High School in District 108.
Route 53 at the west edge
IL 390, I-290, and I-355 all meet within a few miles, and O'Hare is close by regional standards.
Hamilton Lakes next door
The Hamilton Lakes office campus sits directly east along the Devon and Pierce corridor, with a hotel, athletic club, and restaurants.
Two-car attached garages
Every home has an attached two-car garage and driveway, with a patio or an elevated wood deck depending on plan.
Strict parking rules
Resident parking is garages and driveways, and overnight guest parking requires a form filed with management in advance.
Hospital a mile north
Ascension Alexian Brothers in Elk Grove Village, a Level II trauma center, is just north across Devon Avenue.
What’s close
Park Place sits at the far north end of Itasca on the south side of Devon Avenue just east of Route 53, north of the Metra tracks, with Elk Grove Village directly across Devon in Cook County.
- Schools
- Itasca School District 10 for pre-K through 8, with Benson Primary, Franzen Intermediate, and Peacock Middle School, then Lake Park High School in District 108 in Roselle.
- Highway
- Route 53 at the west edge, with IL 390, I-290, and I-355 all meeting within a few miles and O'Hare close by regional standards.
- Train
- Itasca station on the Milwaukee District West line, about 21 miles from Chicago Union Station. It sits on the far side of the village, so this is a drive-and-park commute rather than a walk.
- Employment
- The Hamilton Lakes business park is immediately east on the same Devon to Pierce block, one of the larger suburban office campuses in the region.
- Shopping
- The Route 53 and Irving Park Road corridors in Itasca, the Elk Grove Village retail cluster just north across Devon, and downtown Itasca along Walnut Street.
- Hospital
- Ascension Alexian Brothers in Elk Grove Village, roughly a mile north across Devon Avenue, a Level II trauma center with a 24-hour emergency room.
What it’s actually like to live here
Park Place is what a well-run late-1990s townhome community looks like when the owners actually show up. The board meets roughly twice a month in person and publishes the minutes. Read a few and you get an unusually clear picture of daily life: retaining walls going in along Bay Drive, riprap replenished around the ponds, a multi-year window replacement program grinding forward unit by unit, exterior coach lights swapped out in staged batches so every fixture on every building matches, a landscape contractor held to its own proposal numbers. None of that is glamorous, and all of it is why the place still shows well approaching thirty. The tradeoff is that this is a high-involvement association. Patios, decks, storm doors, satellite dishes, and even landscaping changes go through an architectural change form. If you want the exterior to be somebody else's problem, that is exactly the deal. If you want autonomy over your own siding, look elsewhere.
The setting is quieter than the address suggests. Bay Drive is a private loop with sidewalks, mature landscaping, two-car garages, and detention ponds with wetland edges and real wildlife, and because it is essentially one street there is very little cut-through traffic. What you get in exchange for the compact footprint is location. Route 53 is at the west edge, the Elgin-O'Hare, I-290, and I-355 all meet within a few miles, O'Hare is close enough to matter for anyone who flies for work, and Hamilton Lakes, one of the largest suburban office campuses in the region, is literally next door on the same block. A Level II trauma center is a mile north across Devon in Elk Grove Village. For a two-income household where one person commutes to a suburban office park and the other takes the Milwaukee District West line, the geography is hard to beat in DuPage at this price tier.
Two honest tradeoffs deserve naming. Parking is the recurring friction point, and buyers should know it going in. Resident parking is your garage and your driveway, guest spaces are limited and require a form filed with management in advance for overnight stays, and the association contracted a towing vendor and put up new enforcement signage. If you routinely have three cars or host large groups, that is a real constraint rather than a technicality. Second, you are not walking to the train or to downtown Itasca. The station and the Walnut Street district are on the far side of the village across the tracks, so this is a car-first location inside a town that is walkable in parts. Worth knowing too: the assessment covers a great deal, but gutters, patios and decks, air conditioning, sump pumps, and trash service are the owner's, and wood trim rot repair has been billed back to owners while the association handles the painting.
The questions buyers actually ask
Park Place FAQ
The questions I get most from buyers shopping Park Place. If yours isn't here, text 224-385-8779, same-day reply.
- How much is the HOA?
- townhomes and condos are $303 per month.
- What does the HOA actually cover?
- The assessment covers snow removal and upkeep of the private streets, driveways and walkways, all common landscaping, roofs, exterior brickwork and siding, windows under the association's multi-year replacement program, exterior trim painting, garage and front door painting, exterior coach lights and street lights, sidewalks, the stormwater detention system and ponds, master insurance, management, and reserves. It does NOT cover gutters and downspouts, patios and decks and their concrete platforms, air conditioning equipment, sump pumps, garage door hardware, or trash service, which a contracted hauler bills each owner separately. Owners must also carry their own insurance and file a certificate with the association annually. The community is professionally managed by Foster Premier under a seven-member owner board. Confirm the current figure for a specific home, since the association does not publish its assessment schedule.
- What are property taxes like?
- Roughly $7,000 – $10,000 per year, depending on home size and value. DuPage County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Park Place built?
- Tantillo Homes built the community between 1997 and 2000. Tantillo Homes stopped new construction in 2000, so every sale today is a resale.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Are the homes attached townhomes or detached houses?
- Attached. The association describes itself as a townhome community and listing records classify the homes as attached townhouses, typically in four-unit rows. The recorded declaration also creates a second product type it calls stacked flats, homes built as two adjacent living units with one generally above the other using air-lot ownership, and the rules separately reference raised ranch units that have wood decks rather than patios. Ownership is fee simple with a homeowners association, not a condominium, which matters both for financing and for what your own insurance policy needs to cover.
- What does the monthly assessment cost and what does it pay for?
- Roughly $300 a month, with some variation by home. It covers snow removal and maintenance of the private streets and driveways, all common landscaping, roofs, siding and brickwork, exterior trim painting, exterior coach lights and street lights, sidewalks, the stormwater detention system and ponds, windows under the association's replacement program, master insurance, management, and reserves. It does not cover your gutters and downspouts, your patio or deck, your air conditioning unit, your sump pump, your garage door hardware, your trash service, which the hauler bills you separately, or your own homeowner's insurance, for which you must file a certificate with the association each year. The association does not publish its assessment schedule, so confirm the current figure with management or the seller's disclosure.
- Does Park Place have a pool or a clubhouse?
- No. Several real estate aggregator sites incorrectly list a pool and a park as association amenities here. Nothing in the recorded declaration, the association's rules and regulations, or several years of published board minutes references a pool, clubhouse, playground, or tennis court. What the association does own and maintain is landscaped common ground, private roads and sidewalks, street and exterior lighting, guest parking, wooded and natural areas, and the stormwater detention ponds, which are scenic but expressly off limits for recreation. For a pool and fitness center, residents use the Itasca Park District, which runs a waterpark, a nature center, and a recreation and fitness center.
- What schools would my kids attend?
- Itasca School District 10 for pre-K through 8, then Lake Park High School in Lake Park Community High School District 108. Because District 10 runs one school per grade band there is no guesswork inside the district: Raymond Benson Primary School for pre-K through 2, Elmer H. Franzen Intermediate School for 3 through 5, and F.E. Peacock Middle School for 6 through 8. Park Place sits on the south side of Devon Avenue between Rohlwing and Prospect, which falls inside the district's stated northern boundary, and listing records for Bay Drive addresses confirm this assignment. Verify for your specific address with both districts before you write an offer.
- What are the parking and guest rules like?
- Strict, and worth understanding before you buy. Your parking is your garage and your driveway, and vehicles may not overhang into the street. Guest spaces throughout the community are for visitors only and require a guest parking request form submitted to management in advance of overnight parking. The board contracted a towing vendor and installed updated enforcement signage. Commercial vehicles, boats, trailers, campers, and motorcycles must be stored inside a closed garage. Board minutes put total on-street capacity at roughly 56 spaces plus 27 guest spots for the whole community, so a three-car household or frequent large gatherings will feel the squeeze.
- What do homes here cost, and how is the market moving?
- Rather than quote a number that goes stale the week it is written, check the Market snapshot on this page. It pulls live from the MLS and shows current pricing, inventory, and pace for Park Place specifically. In general terms this is one of the more attainable ways to get into Itasca's school districts with an attached two-car garage and roughly two thousand square feet, and inventory in a community of this size is thin, so well-prepared homes tend not to linger.
- Who is the real estate agent for Park Place?
- Joe Keegan is the local licensed Illinois real estate broker who covers Park Place in Itasca, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Park Place specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Park Place
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Itasca specialist
- Honest local market take
- Brokerocity
Market snapshot
Park Place, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical sale price · last 90 days
$470,000
Sold in the last year
5
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 17, 2025 through August 17, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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