Back 701 Peterson Ave
Off Market

701 Peterson Ave

Park Ridge IL 60068

3
2
2
1121 sq. ft.
0.14 ac.
Single-Family
Last sold for $675,000
Stephanie LoVerdeStephanie LoVerde, last sold this property on 01 July 2026 after 55 days on market.

Overview

This beautifully maintained and recently updated all-brick, maintenance-free ranch offers four bedrooms in a fantastic Park Ridge location! This stunning home features an open floor plan with hardwood floors throughout and a bright, inviting layout perfect for everyday living and entertaining. The fully remodeled kitchen (2022) showcases beautiful cabinetry with plentiful storage, granite countertops, a breakfast bar, and stainless steel appliances. The formal living room and generous family room create two above-grade areas to gather in addition to the abundant lower level. Enjoy a wood-burning fireplace, with a gas starter, that centers the space. Fully finished basement includes your guest bedroom, another full bathroom and a small bar. Rest your mind because this home includes a complete drain system with two sump pumps... and an ATTACHED two car garage. Situated on a corner lot with an in-ground sprinkler system, the home is ideally located just blocks from Mariano's, parks, award-winning Roosevelt Elementary School, ORD and the expressway. Stroll or bike one mile north on Prospect to meet Pazzi Di Pizza, Pennyville Station, Holts, Shakou, fine dining, casual dining, boutiques, shops and the Northwest Metra line to the city. There's nothing to do but move right in and call this home. If gardening appeals to you, plan to nurture these sweet trees: peach, apricot, cherry, apple, plus cranberry and lingonberry bushes and rhubarb.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1121 sq. ft. floor area
0.14 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Park Ridge over the last 12 months, the estimated median property value of 701 Peterson Ave is $595k.

Median value
$595k
Estimated value range
$360k - $1.32m
Median days on market
8
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Park Ridge. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 701 Peterson Ave

2026
Sold
$675,000
01 Jul 2026 by Stephanie LoVerde, of Baird & Warner
2017
Sold
$433,000
26 May 2017 by Cynthia Sullivan, of Berkshire Hathaway HomeServices Chicago

Happy sellers in Park Ridge

94%
94% of sellers in Park Ridge reported that their sale price either exceeded or met their price expectations.

Park Ridge stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Park Ridge over the last 12 months.

Local market activity for 3 bedroom single-family properties in Park Ridge

In the last 12 months, 134 three-bedroom single-family properties similar to 701 Peterson Ave, have been sold.

This represents a 35% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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