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$419,900 Just Listed
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Property Description
Property is an exceptional opportunity in a prime Norridge location! Situated within walking distance to schools, shopping, Norridge Park, and other local amenities, this property offers incredible potential for investors, builders, or buyers looking to renovate and create their dream home. Many custom homes have recently been built nearby. Estate Sale - Sold AS IS. The home requires extensive repair and updating, but is priced to reflect its condition and offers outstanding value. The home features 4 bedrooms, 2 full bathrooms, and a spacious family room with a fireplace. It sits on an oversized lot approximately 73' x 139', offering endless possibilities for renovation, expansion, or new construction. The attached one-car garage is currently used for storage. This is a one-owner home. Family members currently occupy the property and would like the opportunity to lease the home back for a period after closing. Buyer will assume responsibility for any required Village of Norridge compliance items or code violations, if any. Room sizes are approximate and not guaranteed. Buyers are advised to verify all measurements and information independently. Being sold "AS IS"
Full Property Details
Full Property Details for 4850 N Prospect Ave
General
- Price: $419,900
- Taxes: $6,921 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12724537
- Updated: 8/5/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Crawl Spac
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 3
- Parking Features: Yes, Attached, Side Apron, Garage
Location
- Area: Norridge
- County: Cook
- Township: Norwood Park
- Driving Directions: Lawrence West of Harlem to Prospect Ave, North to the property
School Information
- School District: 80
- Elem School District: 80
- Midd School District: 80
- High School District: 234
- Elementary School: John V Leigh Elementary School
- Middle School: James Giles Middle School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning, Wall Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Frame, Brick Veneer
- Exterior Const.: Frame, Brick Veneer
- Basement: Yes
- Basement Desc.: Crawl Space, None
- Roof: Asphalt
- Square Feet: 1,698
- Sq. Ft. Source: Assessor
- Year Built: 1954
- Built Before 1978: Yes
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 73 x 139
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1954
- Tax Amount: $6,921
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 12114180060000
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Schools
Schools serving 4850 N Prospect Ave
School Districts:Norridge School District 80, Ridgewood Community High School District 234
| Name | Grades | Distance |
|---|---|---|
J Leigh Elementary School 8151 West Lawrence Avenue, Norridge, IL 60706 | PK-4 | 0.2 mi |
J Giles Elem School 4251 North Oriole Avenue, Norridge, IL 60706 | 5-8 | 1.1 mi |
Ridgewood Community High School 7500 West Montrose Avenue, Norridge, IL 60706 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4850 N Prospect Ave
Date
Details
Price
Change
Source
8/05/2026
Listed
$419,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4850 N Prospect Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,921
—
$40,000
11%
2023
$6,921
333%
$35,999
—
2022
$1,599
-9%
$35,999
26%
2021
$1,762
10%
$28,491
—
2020
$1,600
2%
$28,491
-11%
2019
$1,569
-14%
$31,976
12%
2018
$1,826
4%
$28,493
—
2017
$1,750
-22%
$28,493
—
2016
$2,246
-12%
$28,493
8%
2015
$2,558
4%
$26,465
—
2014
$2,467
—
$26,465
—
2013
$2,475
20%
$26,465
-13%
2012
$2,067
—
$30,590
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4850 N Prospect Ave
4850 N Prospect Avenue, Norridge, IL 60706 (MLS# 12724537) is a Single Family property with 4 bedrooms and 2 full bathrooms. 4850 N Prospect Avenue is currently listed for $419,900 and was received on August 05, 2026. Want to learn more about 4850 N Prospect Avenue? Do you have questions about finding other Single Family real estate for sale in Norridge? You can browse all Norridge real estate or contact a Coldwell Banker agent to request more information.

