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Apartments (Generic)Residential
Last sold for $850,000 on Oct 7, 2024

5040 N RIDGEWAY AVE

CHICAGO, IL 60625
6
Beds
4
Baths
4,176 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
1926
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$850,000 · Oct 7, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$10,409 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$62,001 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$19,688
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$42,313
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$49,158
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$620,010

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.35
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
67
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
68
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
StyleThe architectural style of the home, such as ranch or colonial.Two Family
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.13
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Volta Elementary SchoolC
Elementary · Grades PK–8 · 0.2 mi
H
Roosevelt High SchoolF
High · Grades 9–12 · 0.7 mi

District: Chicago Public School District 299

Neighborhood · ZIP 60625These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.99
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.116
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.43

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.75,090
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.19,281 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$79,876
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$114,110
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5040 N Ridgeway Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 95% of homes in Cook County
  • Has a bigger lot than 72% of homes in Albany Park
  • Newer than 78% of homes in Albany Park

How it measures up in Chicago 60625

The dot is this home. The mark in the middle is the typical home in Chicago 60625.

Living area4,176 ft²
SmallerTypical 2,042 ft²Bigger

Bigger than 90% of homes nearby

Lot size0.13 ac
SmallerTypical 0.1 acBigger

Bigger than 65% of homes nearby

Year built1926
OlderTypical 1923Newer

Newer than 61% of homes nearby

How 5040 N Ridgeway Ave ranks against every home in each area.
MeasureThis homeAlbany ParkChicago 60625Cook County
Living areabigger than4,176 ft²92% of homes90% of homes95% of homes
Lot sizebigger than0.13 ac72% of homes65% of homes42% of homes
Year builtnewer than192678% of homes61% of homes24% of homes

About 5040 N Ridgeway Ave

When did 5040 N Ridgeway Ave, Chicago, IL last sell?

5040 N Ridgeway Ave, Chicago, IL last sold on Oct 7, 2024 for $850,000, according to the county's recorded deed.

How big is 5040 N Ridgeway Ave, Chicago, IL?

5040 N Ridgeway Ave, Chicago, IL has 6 bedrooms, 4 bathrooms, 4,176 square feet of living space and a 0.13-acre lot.

When was 5040 N Ridgeway Ave, Chicago, IL built?

5040 N Ridgeway Ave, Chicago, IL was built in 1926, making it 100 years old. It is a two family home. The building has 2 stories.

What schools serve 5040 N Ridgeway Ave, Chicago, IL?

5040 N Ridgeway Ave, Chicago, IL is assigned to Volta Elementary School (elementary), rated C; Roosevelt High School (high), rated F. All sit in Chicago Public School District 299. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5040 N Ridgeway Ave, Chicago, IL compare to other homes in Chicago 60625?

Among the 14,995 homes in Chicago 60625, it is bigger than 90% of them (4,176 ft² against a typical 2,042 ft²), its lot is bigger than 65% of them (0.13 ac against a typical 0.1 ac) and it is newer than 61% of them (1926 against a typical 1923). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5040 N Ridgeway Ave, Chicago, IL?

The 2023 property tax bill for 5040 N Ridgeway Ave, Chicago, IL was $10,409. The county assessed it at $62,001.

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