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Single Family ResidenceResidential
$827,392$786 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 76How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

508 S PROSPECT AVE

PARK RIDGE, IL 60068
2
Beds
1
Baths
1,052 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.2 ac
Lot SizeThe size of the land the home sits on, from county records.
1948
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$827K
$625K low$1M high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$0
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$0
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.163%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$1,103,000
NORTH SHORE COMMUNITY BK & TRT · E · recorded Sep 8, 1998
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$200,000
FIRST HORIZON HOME LOAN CORP

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,808 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$39,083 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$14,620
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$24,463
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$39,083
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$390,830

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.35
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
64
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
65
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Bungalow
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Theodore Roosevelt Elementary SchoolA
Elementary · Grades KG–5 · 0.4 mi
M
Lincoln Middle SchoolA
Middle · Grades 6–8 · 0.6 mi
H
Maine South High SchoolA+
High · Grades 9–12 · 1.1 mi

District: Maine Township High School District 207

Neighborhood · ZIP 60068These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.39
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.127
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.46

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.38,821
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,405 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$143,064
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$173,212
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

508 S Prospect Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 92% of homes in Cook County
  • Among the highest price per square foot in Park Ridge 60068
  • Smaller than 97% of homes in Park Ridge 60068
  • Has a bigger lot than 65% of homes in Park Ridge 60068
  • Older than 77% of homes in Park Ridge 60068

What homes are worth in Park Ridge 60068

Each bar is how many homes fall in that price range. The marker is this home.

This home
$220K$1.5M

This home is worth more than 79% of homes in Park Ridge 60068.

How it measures up in Park Ridge 60068

The dot is this home. The mark in the middle is the typical home in Park Ridge 60068.

Estimated value$827,392
CheaperTypical $586,619Pricier

Pricier than 79% of homes nearby

Price per ft²$786
CheaperTypical $340Pricier

Pricier than almost all homes nearby

Living area1,052 ft²
SmallerTypical 1,800 ft²Bigger

Bigger than 3% of homes nearby

Lot size0.2 ac
SmallerTypical 0.17 acBigger

Bigger than 65% of homes nearby

Year built1948
OlderTypical 1958Newer

Newer than 23% of homes nearby

How 508 S Prospect Ave ranks against every home in each area.
MeasureThis homePark Ridge 60068Cook County
Estimated valuepricier than$827,39279% of homes92% of homes
Price per ft²pricier than$786almost all homesalmost all homes
Living areabigger than1,052 ft²3% of homes18% of homes
Lot sizebigger than0.2 ac65% of homes64% of homes
Year builtnewer than194823% of homes33% of homes

About 508 S Prospect Ave

How much is 508 S Prospect Ave, Park Ridge, IL worth?

The TopHap Estimate for 508 S Prospect Ave, Park Ridge, IL is $827,392 as of Jul 14, 2026. The likely range is $625,154 to $1,029,630. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 508 S Prospect Ave, Park Ridge, IL?

508 S Prospect Ave, Park Ridge, IL has 2 bedrooms, 1 bathrooms, 1,052 square feet of living space and a 0.20-acre lot.

When was 508 S Prospect Ave, Park Ridge, IL built?

508 S Prospect Ave, Park Ridge, IL was built in 1948, making it 78 years old. It is a bungalow home. The building has 2 stories.

What schools serve 508 S Prospect Ave, Park Ridge, IL?

508 S Prospect Ave, Park Ridge, IL is assigned to Theodore Roosevelt Elementary School (elementary), rated A; Lincoln Middle School (middle), rated A; Maine South High School (high), rated A+. All sit in Maine Township High School District 207. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 S Prospect Ave, Park Ridge, IL compare to other homes in Park Ridge 60068?

Among the 14,499 homes in Park Ridge 60068, it is worth more than 79% of them ($827,392 against a typical $586,619), its price per square foot is higher than almost all of them ($786 against a typical $340), it is bigger than 3% of them (1,052 ft² against a typical 1,800 ft²), its lot is bigger than 65% of them (0.2 ac against a typical 0.17 ac) and it is newer than 23% of them (1948 against a typical 1958). Measured against all of Cook County, it is worth more than 92% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 508 S Prospect Ave, Park Ridge, IL?

The 2023 property tax bill for 508 S Prospect Ave, Park Ridge, IL was $8,808. The county assessed it at $39,083.

Closest homes

More homes in Park Ridge 60068

Assigned schools

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