A rare opportunity to own a private lakefront residence on one of Park Ridge's most exclusive and secluded streets. Set on a quiet six-home enclave, this fully reimagined home offers direct water access, unmatched privacy, and a setting surrounded by protected forest preserve - creating a lifestyle that feels worlds away, yet remains minutes from O'Hare and downtown Chicago. Originally rebuilt from the structure up, the home has been thoughtfully designed with a modern, open layout that balances clean architectural lines with warmth and functionality. Expansive living spaces are filled with natural light and flow seamlessly toward the outdoor areas, where the lake becomes a constant backdrop. The kitchen features premium appliances, custom finishes, and a layout designed for both everyday living and entertaining. Living and dining areas open toward the water, creating a natural connection between interior and exterior spaces. The primary suite offers a private retreat with a spa-like bathroom, high-end finishes, and a sense of calm that reflects the surrounding environment. Additional bedrooms, baths, and thoughtfully designed spaces provide flexibility for family, guests, or work-from-home needs. Beyond the home itself, the location is what truly sets this property apart. With forest preserve both in front of the property and across Talcott Road, and access to miles of trails, the setting offers a rare combination of nature, privacy, and accessibility that is nearly impossible to replicate in Park Ridge. This is not simply a home - it is a unique opportunity to own a property defined by its setting, design, and long-term value. Private showings available by appointment.
Active
$2,495,000
111 Murphy Lake Rd, Park Ridge, IL 60068
3beds
4,300sqft
Est.:
Single Family Residence
Built in 1965
0.48 Acres Lot
$1,015,800 Zestimate®
$580/sqft
$54/mo HOA
What's special
Private lakefront residenceDirect water accessSpa-like bathroomHigh-end finishesCustom finishesClean architectural linesFully reimagined home
- 5 days |
- 923 |
- 32 |
Zillow last checked:
Listing updated:
Listing courtesy of:
Edyta Morawska 312-307-0567,
HOMETRADE REALTY LLC,
Logan McAreavy 319-538-6101,
HOMETRADE REALTY LLC
Source: MRED as distributed by MLS GRID,MLS#: 12613011
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Exercise Room, Foyer, Sitting Room, Utility Room-Lower Level
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Triple Pane Windows, Window Treatments), Bathroom (Full)
- Level: Second
- Area: 252 Square Feet
- Dimensions: 18X14
Bedroom 2
- Features: Flooring (Hardwood), Window Treatments (Triple Pane Windows, Window Treatments)
- Level: Second
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 3
- Features: Flooring (Hardwood), Window Treatments (Triple Pane Windows, Window Treatments)
- Level: Second
- Area: 247 Square Feet
- Dimensions: 19X13
Dining room
- Features: Flooring (Hardwood), Window Treatments (Triple Pane Windows, Window Treatments)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18X12
Exercise room
- Features: Flooring (Hardwood), Window Treatments (Triple Pane Windows, Window Treatments)
- Level: Basement
- Area: 195 Square Feet
- Dimensions: 15X13
Family room
- Features: Flooring (Hardwood), Window Treatments (Window Treatments, Some Tilt-In Windows)
- Level: Basement
- Area: 352 Square Feet
- Dimensions: 22X16
Foyer
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Custom Cabinetry, Updated Kitchen), Flooring (Hardwood), Window Treatments (Window Treatments, Some Tilt-In Windows)
- Level: Main
- Area: 260 Square Feet
- Dimensions: 26X10
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Basement
- Area: 100 Square Feet
- Dimensions: 10X10
Living room
- Features: Flooring (Hardwood), Window Treatments (Triple Pane Windows, Window Treatments)
- Level: Main
- Area: 418 Square Feet
- Dimensions: 22X19
Sitting room
- Features: Flooring (Hardwood), Window Treatments (Triple Pane Windows, Window Treatments)
- Level: Basement
- Area: 380 Square Feet
- Dimensions: 20X19
Other
- Features: Flooring (Ceramic Tile)
- Level: Basement
- Area: 35 Square Feet
- Dimensions: 5X7
Heating
- Forced Air, Sep Heating Systems - 2+
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Disposal, Stainless Steel Appliance(s), Water Purifier, Water Purifier Owned, Gas Oven, Range Hood
- Laundry: In Unit, Sink
Features
- Cathedral Ceiling(s)
- Doors: Sliding Doors, Storm Door(s), Sliding Glass Door(s)
- Windows: Blinds, Double Pane Windows, Insulated Windows, Skylight(s), Triple Pane Windows
- Basement: Finished,Exterior Entry,Rec/Family Area,Roughed-In Fireplace,Sleeping Area,Storage Space,Walk-Up Access,Daylight,Full,Walk-Out Access
- Attic: Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Gas Log, Family Room, Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 4,300 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Side Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Levels: Tri-Level
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony, Lighting
- Has view: Yes
- View description: Water, Back of Property
- Water view: Water,Back of Property
- Waterfront features: Lake Front, Lake Privileges, Waterfront
Lot
- Size: 0.48 Acres
- Dimensions: 71X167X60X157X140
- Features: Cul-De-Sac, Forest Preserve Adjacent, Water Rights, Pie Shaped Lot
Details
- Parcel number: 09273060910000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Stone
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1965
- Major remodel year: 2022
Details
- Builder model: 2-STORY
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Park, Pool, Tennis Court(s), Lake, Water Rights, Street Paved
- Security: Security System
- Subdivision: Murphy Lake
HOA
- Has HOA: Yes
- Services included: Lake Rights
- HOA fee: $650 annually
Location
- Region: Park Ridge
Financial & listing details
- Price per square foot: $580/sqft
- Tax assessed value: $728,660
- Annual tax amount: $20,166
- Date on market: 4/9/2026
- Ownership: Fee Simple
- Has irrigation water rights: Yes
Estimated market value
$1,015,800
$914,000 - $1.15M
$3,613/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $2,495,000+278.5%$580/sqft |
Source:  MRED as distributed by MLS GRID #12613011 Report a problem | ||
| 3/24/2021 | Sold | $659,100$153/sqft |
Source: Public Record Report a problem | ||
| 12/23/2020 | Sold | $659,100+0%$153/sqft |
Source: MRED as distributed by MLS GRID #10922577 Report a problem | ||
| 11/17/2020 | Pending sale | $659,000$153/sqft |
Source: Coldwell Banker Realty #10922577 Report a problem | ||
| 11/8/2020 | Listed for sale | $659,000$153/sqft |
Source: Coldwell Banker Realty #10922577 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $18,877 +4.5% | $72,866 |
| 2022 | $18,060 +20% | $72,866 +47.3% |
| 2021 | $15,050 +4.1% | $49,484 |
| 2020 | $14,453 +13.6% | $49,484 -10% |
| 2019 | $12,721 +17.6% | $54,983 +11.2% |
| 2018 | $10,816 +2.2% | $49,440 |
| 2017 | $10,582 -6.8% | $49,440 -1.8% |
| 2016 | $11,356 -15.3% | $50,352 +2.4% |
| 2015 | $13,410 +4.2% | $49,183 |
| 2014 | $12,871 +5% | $49,183 |
| 2013 | $12,257 +21.2% | $49,183 -26.4% |
| 2012 | $10,114 +9.4% | $66,863 |
| 2011 | $9,241 +12.5% | $66,863 |
| 2010 | $8,212 +9.5% | $66,863 +14.6% |
| 2009 | $7,497 +0.7% | $58,330 -12% |
| 2008 | $7,442 -5.2% | $66,283 |
| 2007 | $7,850 -9.3% | $66,283 +22.8% |
| 2006 | $8,656 +6.5% | $53,960 |
| 2005 | $8,128 -9.7% | $53,960 |
| 2004 | $9,003 +6.7% | $53,960 +3.7% |
| 2003 | $8,441 +2.6% | $52,045 |
| 2002 | $8,230 +9.1% | $52,045 |
| 2001 | $7,543 +1.5% | $52,045 +29.6% |
| 2000 | $7,428 +2.4% | $40,151 |
| 1999 | $7,251 | $40,151 |
Find assessor info on the county website
Monthly payment
Est. payment
$16,727/mo
Principal & interest
$12535
Property taxes
$4138
HOA Fees
$54
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Climate risks
Neighborhood: 60068
Nearby schools
GreatSchools rating
- 5/10George B Carpenter Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Emerson Middle SchoolGrades: 6-8Distance: 1.7 mi
- 10/10Maine South High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: George B Carpenter Elementary Sc
- Middle: Emerson Middle School
- High: Maine South High School
- District: 64
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Cook County
- Park Ridge
- 60068
- 111 Murphy Lake Rd
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