$787,550
SOLD JUL 15, 2025

427 Leonard St Park Ridge, IL 60068

5 Beds
2 Baths
-- Sq Ft
1933 Built

Recently Sold

7% Below List Price

17 Days on Market

Highlights

  • Whirlpool Bathtub
  • Lower Floor Utility Room
  • 4-minute walk to Hinkley Park
  • Eugene Field Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of July 2025

Amazing opportunity in a great neighborhood of Park Ridge! Discover this charming and rarely available two-flat nestled on a quiet, tree-lined residential street that ends at the Park Ridge Country Club, ideal for multi-generational living, rental income, private in-law arrangement or live in it like a single-family home as the owners have for the past 23 years. From the curb, you'd never guess it's a two-flat. The classic charm with modern potential, blends seamlessly into the neighborhood. The first-floor unit features a warm and inviting, spacious, Family Room/Living Room, displaying gleaming hardwood floors and fireplace, a separate Dining Room and a large eat-in kitchen, 3 bedrooms and 1 full bath, along with an inviting deck overlooking a beautiful and expansive backyard-perfect for relaxing or entertaining. The second-floor unit with its own separate entrance offers a bright, spacious Family/Living Room with gleaming hardwood floors, fireplace, a large kitchen with a separate eating area and 2 bedrooms with a tandem room off the second bedroom perfect for a nursery, office or can be used as a third bedroom and 1 bath. A newer, 3-car garage with an additional single car parking pad off the alley ensures convenient and ample parking. This property also presents a unique opportunity to renovate and convert into a stunning single-family home tailored to your vision. Situated on a generous 50 x 195 lot, there's ample space to expand or even build new. Located in the desirable Field, Emerson and Maine South School District. The location is unbeatable-just a short walk to vibrant Uptown Park Ridge, featuring Trader Joe's, Whole Foods, many restaurants and boutiques, the Metra station, Library, Hinkley Park, Jewel-Osco, the Post Office, and more. Less than 5 miles to O'Hare International Airport (approximately 15-minute drive), approximately 16 miles to downtown Chicago (easily accessible by Metra) and convenient access to the Interstate. Endless potential awaits. Whether you're looking to invest, live in one unit and rent the other, or create your dream home-don't let this opportunity pass you by! Schedule your private showing today! Although beautifully maintained, home is being sold As-Is.

Last Agent to Sell the Property

Mary Kasch

@properties Christie's International Real Estate License #475181925 Listed on: 05/31/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Dennis Composto

Dennis V Composto License #471006586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,370

Year Built

  • Built in 1933

Lot Details

  • Lot Dimensions are 50 x 195
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage
  • Off Alley Parking
  • Parking Included in Price

Interior Spaces

  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Schools

  • Eugene Field Elementary School
  • Emerson Middle School
  • Maine South High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,370

Year Built

Built in 1933

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1933
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Utility Room-Lower Level
  • Bathroom Amenities: Whirlpool,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Fireplace-Gas,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Fireplace-Gas,Garage/Space,Hardwood Floors

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 799900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Owned, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Eugene Field Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 195
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 18370.05
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Sold $787,550 -1.5% --
06/17/2025 06/17/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $799,900 -5.9% --
05/31/2025 05/31/25 For Sale $849,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12365551

Midwest Real Estate Data (MRED)