4850 N Prospect Avenue

Norridge, IL
$ 399,900 Beds 4 Baths 2 Sq 1,698
Monthly Estimate* How much can I afford?

Discover incredible value in this prime piece of land! This is an exceptional opportunity for builders looking to tear down the existing home and create a stunning new residence. The expansive lot, measuring approximately 73' x 139', is nestled among many custom-built homes in the highly sought-after Norridge area. Enjoy the convenience of being within walking distance to schools, shopping, Norridge Park, and various local amenities. This estate sale is being offered "AS IS," and the seller is open to a short-term rent-back after closing. Don't miss out on this fantastic investment!

Active

  • Price
  • $ 399,900
  • City
  • Norridge
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • COOK
  • Half Bathrooms
  • 0
  • Area
  • Norridge
  • Lot Size
  • Zip
  • 60706
  • Sqr Footage
  • 1,698
  • Year Built
  • 1954
  • Taxes
  • $ 7275
  • Style
  • Ranch
  • MLS#
  • 12724537
Listed By: RE/MAX City
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1698
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air,Wall Unit(s)
Possession Closing
Roof Asphalt
Garage Spaces 1
Association Fee Includes None
Architectural Style Ranch
Construction Materials Frame,Brick Veneer
Year Built 1954
Township Norwood Park
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Total Rooms 8
Full Baths 2
Status Active
Directions Lawrence West of Harlem to Prospect Ave,North to the property
City Norridge
High School District 234
MLS Area Norridge
Elementary School John V Leigh Elementary School
Tax Annual Amount 7275
Middle/Junior High School James Giles Middle School
Standard Status Active
Middle/Junior School District 80
Elementary School District 80
Property Type Detached Single

Interior Features

Basement Crawl Space,None
Total Fireplaces 1
Total Bedrooms 4
Room Type No additional rooms
LivingAreaSource Assessor
Total Baths 2
Bedrooms Possible 4

Exterior Features

Parking Features Yes,Attached,Side Apron,Garage
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 73X139
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School John V Leigh Elementary School
Middle School James Giles Middle School
High School Unknown High School

Price History

8/5/2026 Listed $419,900
9/14/2026 5% - $399,900

Property vs Zip Code Average in 60706

Price
AVG $530K
$400K
Taxes
AVG $7,142
$7,275
Year Built
AVG 1957
1954
Visits
AVG 100
146
Data Provided by Inside Real Estate®

Areas That We Cover

4850 N Prospect Avenue Norridge, IL is a Single Family Home for sale at $399900 with 1698 sqft and a lot size of Acre(s). 4850 N Prospect Avenue Norridge has 4 bedrooms, 2 baths and was built in 1954. The property's zip code is 60706 which is in Norridge, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.