From April to June, 56 homes sold in Chicago Ridge for a median price of $118,250. That's 12.3 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 6 homes in Chicago Ridge were in foreclosure.
Median property tax for homeowners in Chicago Ridge was $2,921.61 in 2017 according to tax data from that year. That means homeowners pay 2.8 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Chicago Ridge real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
30
$158,243
-
2010
33
$132,240
-16.4%
2011
35
$124,300
-6%
2012
38
$91,560
-26.3%
2013
47
$90,180
-1.5%
2014
39
$86,920
-3.6%
2015
37
$84,800
-2.4%
2016
53
$131,250
54.8%
2017
38
$105,315
-19.8%
2018
56
$118,250
12.3%
Median property tax
Median sale price
Effective property tax rate
2009
$3,985.20
$158,243
2.5%
2010
$3,987.30
$132,240
3%
2011
$3,208.63
$124,300
2.6%
2012
$2,925.04
$91,560
3.2%
2013
$3,659.25
$90,180
4.1%
2014
$2,556.93
$86,920
2.9%
2015
$3,531.65
$84,800
4.2%
2016
$4,034.94
$131,250
3.1%
2017
$2,921.60
$105,315
2.8%
Alerts Sign-up