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CondominiumResidential
$148,260$228 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $109,000 on Apr 20, 2021

8540 W RASCHER AVE

CHICAGO, IL 60656
Building report
1
Beds
1
Baths
650 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.
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1969
Year BuiltThe year the home was originally built, according to county records.

Valuation

$148K
$136K low$161K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$109,000 · Apr 20, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,273 (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.$11,266 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,987
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$9,279
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$11,266
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$112,660

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.42
36
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.
65
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
64
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCOOK
Lot (acres)The size of the land the home sits on, from county records.0.26
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

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
Dirksen Elementary SchoolB-
Elementary · Grades PK–8 · 0.3 mi
H
Taft High SchoolA-
High · Grades 9–12 · 2.6 mi

District: Chicago Public School District 299

Neighborhood · ZIP 60656These 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.64
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.129
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.49

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.21,354
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8,394 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$92,617
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$119,874
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

8540 W Rascher 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.

  • Worth less than 97% of homes in Norwood Park
  • Costs less per square foot than 95% of homes in Chicago 60656
  • Among the smallest homes in Norwood Park
  • Has a bigger lot than 83% of homes in Norwood Park
  • Newer than 78% of homes in Norwood Park

What homes are worth in Chicago 60656

Each bar is how many homes fall in that price range. The marker is this home.

This home
$134K$690K

This home is worth more than 6% of homes in Chicago 60656.

How it measures up in Chicago 60656

The dot is this home. The mark in the middle is the typical home in Chicago 60656.

Estimated value$148,260
CheaperTypical $402,773Pricier

Pricier than 6% of homes nearby

Price per ft²$228
CheaperTypical $338Pricier

Pricier than 5% of homes nearby

Living area650 ft²
SmallerTypical 1,296 ft²Bigger

Smaller than almost all homes nearby

Lot size0.26 ac
SmallerTypical 0.12 acBigger

Bigger than 75% of homes nearby

Year built1969
OlderTypical 1960Newer

Newer than 65% of homes nearby

How 8540 W Rascher Ave ranks against every home in each area.
MeasureThis homeNorwood ParkChicago 60656Cook County
Estimated valuepricier than$148,2603% of homes6% of homes8% of homes
Price per ft²pricier than$2286% of homes5% of homes41% of homes
Living areabigger than650 ft²almost no homesalmost no homesalmost no homes
Lot sizebigger than0.26 ac83% of homes75% of homes71% of homes
Year builtnewer than196978% of homes65% of homes63% of homes

About 8540 W Rascher Ave

How much is 8540 W Rascher Ave, Chicago, IL worth?

The TopHap Estimate for 8540 W Rascher Ave, Chicago, IL is $148,260 as of Sep 24, 2026. The likely range is $135,658 to $160,862. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 8540 W Rascher Ave, Chicago, IL last sell?

8540 W Rascher Ave, Chicago, IL last sold on Apr 20, 2021 for $109,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 8540 W Rascher Ave, Chicago, IL?

8540 W Rascher Ave, Chicago, IL has 1 bedrooms, 1 bathrooms, 650 square feet of living space and a 0.26-acre lot.

When was 8540 W Rascher Ave, Chicago, IL built?

8540 W Rascher Ave, Chicago, IL was built in 1969, making it 57 years old. It is a condo/apartment home.

What schools serve 8540 W Rascher Ave, Chicago, IL?

8540 W Rascher Ave, Chicago, IL is assigned to Dirksen Elementary School (elementary), rated B-; Taft High School (high), rated A-. All sit in Chicago Public School District 299. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 8540 W Rascher Ave, Chicago, IL compare to other homes in Chicago 60656?

Among the 9,526 homes in Chicago 60656, it is worth more than 6% of them ($148,260 against a typical $402,773), its price per square foot is higher than 5% of them ($228 against a typical $338), it is bigger than almost none of them (650 ft² against a typical 1,296 ft²), its lot is bigger than 75% of them (0.26 ac against a typical 0.12 ac) and it is newer than 65% of them (1969 against a typical 1960). Measured against all of Cook County, it is worth more than 8% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 8540 W Rascher Ave, Chicago, IL?

The 2023 property tax bill for 8540 W Rascher Ave, Chicago, IL was $1,273. The county assessed it at $11,266.

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