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    22 Park Ln, Unit 203 Park Ridge, IL 60068

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    For Sale
    $399,000

    Bright condo in gated community with resort-style amenities.

    Property Features for 22 Park Ln

    General Information

    Interior features
    Interior Feature 1, : "Natural Gas", "Interior Feature 2": "Central Air", "Interior Feature 3": "Range", "Interior Feature 4": "Microwave", "Interior Feature 5": "Dishwasher", "Interior Feature 6": "Refrigerator", "Interior Feature 7": "Washer", "Interior Feature 8": "Dryer", "Interior Feature 9": "Disposal"

    Building Details

    Year built
    1975

    Source: James Realty Inc. Agent Dorothy Zielinski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Park Ridge Condo with Amenities

    Located in a prestigious 24-hour gated community, this bright and sunny second-floor unit is situated in the highly desirable Park Lane Complex. The unit features a kitchen with a separate eating area and a separate laundry room. The large living room includes sliding doors that open to a 14'x7' balcony, offering a panoramic view of the pool and courtyard. An elegant dining room complements the living space. The master bedroom features a large walk-in closet, a dressing area, and a separate shower. The second bedroom includes a cozy gas fireplace. Each room offers a beautiful view. The unit comes with two heated garage parking spaces and two storage spaces, with convenient elevator access. Resident amenities include a heated outdoor pool, a sundeck with tables and chairs, three grills, a fully equipped exercise center (open 24/7), a sauna, award-winning landscaping, a resident lounge/party room with a kitchen, a billiard room/library, and a TV lounge area. Additional conveniences include a car wash and hotel suites for overnight guests, along with plenty of guest parking. The complex is adjacent to a forest preserve and bike path and is close to shopping, a library, O'Hare Airport, and a major expressway.
    Location Intelligence

    Current Use by Public Records

    Thomas Sarti Girot ... Interior Designer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8603339
    Latitude
    42.0137006

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    FAQs

    What type of property is this?
    Apartment building - Bright condo in gated community with resort-style amenities.
    Where is this apartment building located?
    The property is located at 22 Park Ln, Unit 203 Park Ridge, IL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - New Furnace and A/C; - Enjoy the security of a 24-hour gated community.; - Two heated garage parking spaces
    Request Owner's contact information
    22 Park Ln, Unit 203 Park Ridge, IL 60068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Park Ln, Unit 203 Park Ridge, IL 60068
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