Park Ridge · Cook County · IL
Homes for sale in
Park Lane.
- Active listings
- 2
- Median list
- $454K
- Avg time on market
- 77 days
- Sold · last year
- 9
Active listings
2 homes on the market
Beat the rest of the buyers
Be the first to know when a new Park Lane home hits the market
Save the search and you will get a text and an email the moment a new listing matches. Most Park Lane homes go under contract in the first week, the buyers who win are the ones who saw it first.
About the community
A gated, full-service attached-home community in northwest Park Ridge.
Park Lane is a gated community on a private drive off Talcott Road, just north of Touhy Avenue, built in the mid-1970s. It is two products sharing one address book: mid-rise condominium buildings at 22 and 44 Park Lane holding mostly single-level two-bedroom plans, and a row of attached three-bedroom townhomes at the odd-numbered addresses with full finished basements and attached garages. What sets it apart from most suburban associations is the service level. The entry is a gatehouse staffed around the clock, and the grounds carry a heated pool, tennis and pickleball courts, a health club and sauna, a party room, a rooftop resident lounge, and guest suites for visitors. For a buyer leaving a Park Ridge single-family house, the appeal is blunt: someone else handles the roof, the landscaping, the snow, and the front gate.
At a glance
Gatehouse staffed 24 hours
A manned gate controls the private drive, with security included in the assessments.
Heated pool and sun deck
A heated outdoor pool with a pool deck sits in the landscaped grounds.
Tennis and pickleball
On-site courts, with pickleball noted on recent listings.
Health club and sauna
A resident fitness facility and sauna, plus a party room with a kitchen and a billiards room.
Rooftop lounge and guest suites
The mid-rise carries a rooftop resident lounge with an outdoor deck, and the community keeps guest suites for residents' visitors.
Two heated garage spaces
Condominium units come with two heated attached garage parking spaces, plus guest parking.
Condominiums and townhomes
Single-level condominium plans in the mid-rise, plus three-level attached townhomes with finished basements and private patios.
District 64 and District 207
Park Ridge-Niles District 64 for pre-K through 8, then Maine Township High School District 207.
Dee Road Metra nearby
The Union Pacific Northwest line at Dee Road, about 14.6 miles from Ogilvie, is the closest station.
What’s close
Park Lane sits in northwest Park Ridge on a private drive off Talcott Road just north of Touhy Avenue, close to the Dee Road Metra station and minutes from O'Hare.
- Train
- Dee Road station on the Union Pacific Northwest line, about 14.6 miles from Ogilvie Transportation Center in fare zone C, with roughly 50 weekday trains combined in both directions.
- Highway and transit
- I-90 via Cumberland Avenue or River Road, I-294 close for north and south trips, and the CTA Blue Line at Rosemont for a one-seat ride to the Loop.
- Airport
- O'Hare International is roughly a ten-minute drive, which is an advantage for frequent flyers and a consideration on aircraft noise.
- Hospital
- Advocate Lutheran General Hospital on Dempster Street in Park Ridge, a teaching hospital with a Level I trauma center and Advocate Children's Hospital.
- Shopping
- Whole Foods on Touhy Avenue, Jewel-Osco on Busse Highway, and The Shops of Uptown anchored by Trader Joe's, plus Rosemont and Des Plaines retail minutes west.
- Schools
- Park Ridge-Niles District 64 and Maine Township High School District 207. Listings for the community name Carpenter Elementary, Emerson Middle School, and Maine South High School.
What it’s actually like to live here
Park Lane is what happens when a 1970s developer decided Park Ridge deserved a country club you could live inside. You turn off Talcott Road, stop at a gatehouse that is staffed around the clock, and roll past mature trees and clipped lawns into a property that runs a heated pool, tennis and pickleball courts, a health club, a sauna, a party room, and a rooftop lounge with an open-air deck. There are even guest suites, so visiting family does not have to take your couch. For buyers who have spent a decade maintaining a Park Ridge single-family house, the trade is practical: someone else handles the roof, the landscaping, the snow, the garbage, the water bill, and the front gate, and there are still two heated garage spaces waiting off the elevator.
The community is genuinely two products sharing one address, and that shapes who ends up here. The mid-rise buildings hold single-level condominiums, most of them two-bedroom plans with gas fireplaces and private balconies, topping out in a small number of much larger penthouses. That single-level footprint, combined with elevators and covered parking, makes the buildings a natural landing spot for buyers downsizing who are not ready to leave town. The odd-numbered addresses are attached townhomes: three bedrooms across three levels, full finished basements, attached two-car garages, and small private patios. Those suit households that still want stairs, a yard, and a basement without owning a lawn mower. Interiors vary widely because owners have renovated on their own schedules, so two units with identical square footage can feel a generation apart.
The tradeoffs are real and worth stating plainly. Assessments here are not token, and they scale with unit size, because residents are collectively funding a staffed gate, a pool, courts, a fitness center, and an on-site management office. That is strong value if you use the amenities and a genuine cost if you do not, so run the number against what you would otherwise pay for a health club, lawn service, and snow removal. The buildings and townhomes are about fifty years old, which means the important questions are the association's reserves, its recent and planned capital work, and its special assessment history rather than the finishes in any one unit. O'Hare's proximity is both a commuting gift and an aircraft-noise reality, so stand outside on the property at different times of day. Pet rules are the one point where public sources openly disagree, so if a dog is not negotiable, get the current rule in writing from the association before you write an offer. And this is northwest Park Ridge rather than a walk to Uptown, so most trips to the farmers market or the Pickwick involve a short drive.
The questions buyers actually ask
Park Lane FAQ
The questions I get most from buyers shopping Park Lane. If yours isn't here, text 224-385-8779, same-day reply.
- How much is the HOA?
- townhomes and condos are $990 per month.
- What does the HOA actually cover?
- Monthly assessments run roughly $760 to $1,900 depending on unit size, with most two-bedroom condominiums clustering toward the lower end and larger townhomes and penthouses at the top. Reported inclusions are water, common insurance, 24-hour security and the manned gatehouse, exterior maintenance, lawn care, snow removal, refuse, internet with basic cable, and access to the exercise facilities, pool, and party room. The community is professionally managed with an on-site management office. Inclusions differ slightly between the condominium and townhome portions, so confirm the exact list for a specific unit in the association's disclosure package.
- What are property taxes like?
- Roughly $9,000 – $14,000 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- 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.
- Is Park Lane single-family homes, townhomes, or condominiums?
- Attached homes of two types, inside one gated association. The mid-rise buildings at 22 and 44 Park Lane hold single-level condominiums, generally one to three bedrooms, along with a small number of substantially larger penthouse units. The odd-numbered Park Lane addresses are attached three-bedroom townhomes on three levels with full finished basements and attached two-car garages. There are no detached single-family houses inside the gates. Sources differ on the total unit count and floor count, so treat any specific number you see elsewhere with caution.
- How much are the assessments and what do they include?
- Monthly assessments generally run from roughly $760 to about $1,900 depending on unit size, with most two-bedroom condominiums toward the lower end of that band and larger townhomes and penthouses at the upper end. Reported inclusions are water, common insurance, 24-hour security and the manned gatehouse, exterior maintenance, lawn care, snow removal, refuse, internet with basic cable, and access to the exercise facilities, pool, and party room. Because inclusions differ slightly between the condominium and townhome portions, and at least one commonly cited item is inconsistent across sources, confirm the exact list for the specific unit in the association's disclosure package.
- Is the community professionally managed?
- Yes. There is an on-site management office and on-site engineering staff in addition to the staffed gatehouse, and recent listings describe the community as professionally managed. That level of on-site presence is unusual for a suburban association of this size and is a large part of what the assessments buy. As part of due diligence, ask for the current management contact, the operating budget, the most recent reserve study, and the special assessment history.
- What schools serve Park Lane?
- Park Lane is in Park Ridge-Niles School District 64 for pre-K through 8 and Maine Township High School District 207 for high school. MLS records for Park Lane properties name George B. Carpenter Elementary School, Emerson Middle School, and Maine South High School. School fields in listings are agent-entered and are not authoritative, and this is a northern Park Ridge address where the Maine South and Maine East boundary deserves a second look, so verify the current assignment for a specific unit directly with District 64 and District 207 before relying on it.
- How is the commute, and how close is O'Hare?
- The Dee Road station on Metra's Union Pacific Northwest line is the closest stop, roughly 14.6 miles from Ogilvie Transportation Center in fare zone C, with about 50 weekday trains in both directions combined. The CTA Blue Line at Rosemont adds a one-seat ride to the Loop and to the O'Hare terminals. By car, I-90 is reached via Cumberland Avenue or River Road, and I-294 is close for north and south trips. O'Hare itself is about a ten-minute drive, which is a real advantage if you fly often and a real consideration on aircraft noise, so spend time on the property at different hours before you commit.
- What do homes here cost, and how is the market moving?
- Pricing spans a wide band, from mainstream two-bedroom condominiums up to penthouses and large townhomes that compete with detached houses elsewhere in Park Ridge. Rather than quote a figure that goes stale, check the Market snapshot on this page, which pulls current inventory, recent sales, and pace directly from the MLS. Well-updated units in a community with this amenity package tend to attract attention, and because the association's service level is unusual for the suburbs, the right comparison is not just other condominiums but the total monthly cost of owning a house nearby.
- Who is the real estate agent for Park Lane?
- Joe Keegan is the local licensed Illinois real estate broker who covers Park Lane in Park Ridge, 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 Lane 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 Lane
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
- Park Ridge specialist
- Honest local market take
- Brokerocity
Market snapshot
Park Lane, 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 list price
$454,450
Typical sale price · last 90 days
$482,500
Homes for sale right now
2
Avg time on market
77 days
Sold in the last year
9
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.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
- No obligation, no spam, no auto-dialer
Schools serving Park Lane
Where Park Lane homes go to school
Homes in Park Lane are most often zoned to Maine South HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
Other communities
