Zumper
modified
3 Days Ago

Highlights

  • Pet Friendly
  • Soaking tub
  • Gas fireplace
  • Custom cabinets
  • Spacious private balconies
  • Hardwood floors throughout
  • Garage parking spot

Location

515 Summit Ave, Park Ridge, IL 60068, USA
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Contact

Management

515 Summit Ave, LLC

Leasing office

(224) 529-3659

Property Overview

515 Summit Ave presents an impressive combination of features, boasting a Zumper expert rating of 8.5, indicating it is a strong choice for renters. With a remarkable amenities rating of 10 and a competitive price rating of 9, it offers excellent value aligned with its outstanding features, including a gas fireplace and spacious private balconies. Additionally, the property’s prime location, rated 9 out of 10, provides easy access to essential services, while its strong trustworthiness rating of 8 further enhances its appeal, especially for pet owners given the nearby services.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 515 Summit Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 515 Summit Ave has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Laundry available on site

Great for

  • Pet owners

Floor plans

3BR/2.0BA3 bed2 bath$3,992 /mo1 unit availableGorgeous renovated high end condo in fantastic location! Enjoy tree-top views from this penthouse unit!! Almost 2000 s.f. of upscale open concept space. Hardwood floors throughout. 3 beds, 2 baths. Private elevator entry to your new home! Huge living room/dining room with gas fireplace that opens to the kitchen with an oversized Quartz island, custom cabinets, stainless steel appliances & a farm sink. Spacious private balconies off the living room and also from the master suite for your outdoor enjoyment. The 13'x9' master bath w/soaking tub, separate shower & double bowl sink will be your own luxury oasis! Master bedroom has an amazing 9'x5' walk in closet. Laundry/mud room off the back entrance. Location cannot be beat! Award winning Park Ridge schools. Walk to:uptown Park Ridge~Metra, restaurants & shops or to Edison Park's Metra, restaurants & shops. It's the best of both worlds right at your front door. But if you still need a car, the condo comes w/1 garage parking spot and one designated outdoor spot.

Let's explore this property.

Amenities for 515 Summit Ave

Apartment Amenities

Air ConditioningCentral Air
Central HeatGranite Countertops
Hardwood FloorTrash

Appliances

DishwasherIn-Unit Laundry
MicrowaveOven
RangeRefrigerator
Stainless Steel AppliancesStove/Oven
Washer and Dryer

Building

Cats OKDogs OK
Onsite LaundryWater/Sewer

Grounds

Assigned Parking
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog policy

Allowed 
Limit1

Cat policy

Allowed 
Limit1

Parking

Assigned ParkingContact for Price
Building details

Property details

Units3
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About 515 Summit Ave

HomeApartments in Park Ridge 515 Summit Ave

Gorgeous renovated high end condo in fantastic location! Enjoy tree-top views from this penthouse unit!! Almost 2000 s.f. of upscale open concept space. Hardwood floors throughout. 3 beds, 2 baths. Private elevator entry to your new home! Huge living room/dining room with gas fireplace that opens to the kitchen with an oversized Quartz island, custom cabinets, stainless steel appliances & a farm sink. Spacious private balconies off the living room and also from the master suite for your outdoor enjoyment. The 13'x9' master bath w/soaking tub, separate shower & double bowl sink will be your own luxury oasis! Master bedroom has an amazing 9'x5' walk in closet. Laundry/mud room off the back entrance. Location cannot be beat! Award winning Park Ridge schools. Walk to:uptown Park Ridge~Metra, restaurants & shops or to Edison Park's Metra, restaurants & shops. It's the best of both worlds right at your front door. But if you still need a car, the condo comes w/1 garage parking spot and one designated outdoor spot.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 515 Summit Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 515 Summit Ave has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 515 Summit Ave
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
515 Summit Ave stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
515 Summit Ave stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
515 Summit Ave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 515 Summit Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

515 Summit Ave is great for:

Pet owners

  • 7 pet grooming services nearby
  • 9 pet supply stores near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 515 Summit Ave compares to other nearby properties.

Positives

More space
The 2-bedroom is 925 sqft larger than other listings nearby
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Park Ridge

3-bedroom apartments at 515 Summit Ave cost about 12% more than the average rent price for 3-bedroom apartments in Park Ridge.

Median rents as of Aug 30 2025.
Park Ridge
A table of 1-bedroom apartment rental data trends in Park Ridge
MonthMedian Rent
September 2023$2,486
October 2023$2,464
November 2023$2,442
December 2023$2,470
January 2024$2,455
February 2024$1,650
March 2024$1,571
April 2024$1,363
May 2024$1,379
June 2024$1,350
July 2024$1,487
August 2024$1,441
September 2024$1,400
February 2025$1,625
March 2025$1,545
April 2025$1,500
May 2025$1,636
June 2025$2,636
July 2025$2,626
August 2025$1,703

Affordability calculator

Can I afford to live at 515 Summit Ave?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$159,680/yr

With your selected rent-to-income ratio, you'd ideally want to make $159,680 annually to afford this 3-bedrooms monthly rent price of $3,992.
For more information on rent affordability, visit our rent calculator.

Schools near 515 Summit Ave

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Getting around Park Ridge near 515 Summit Ave

Walking

6/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 515 Summit Ave, Park Ridge

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

2/10
Closest high school further than a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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