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Foreclosure Homes in Chicago Ridge, IL

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Chicago Ridge, IL Foreclosures

How much do homes sell for in Chicago Ridge, IL?
The average home price is currently $294,447.
In Chicago Ridge, IL, how many homes are available?
There are currently 72 active home listings available in Chicago Ridge.
What’s the average rental cost in Chicago Ridge, IL?
The average rental price in Chicago Ridge is $1,396.
What is the most expensive home in Chicago Ridge?
The most expensive home sold in Chicago Ridge had a price of $32,671,896.
What is currently the cheapest priced home in Chicago Ridge, IL?
The cheapest home for sale in Chicago Ridge is priced at $13,243.

Living in Chicago Ridge, IL

Chicago Ridge, a welcoming suburb in Cook County, offers a vibrant community atmosphere with plenty of amenities and easy access to the city. Residents can enjoy a variety of recreational activities, dining, and shopping options. The area is well-served by public transportation, making commuting a breeze.

Current Market Conditions in Chicago Ridge, IL

The real estate market in Chicago Ridge has shown consistent growth over the past few years, driven by demand from families seeking affordable housing and a suburban lifestyle. The area has maintained its appeal due to lower real estate prices compared to other nearby suburbs.

Current trends suggest a stabilization in prices with a slight increase in recent sales activity. Homes in the mid-range price category are seeing significant interest, while luxury homes enjoy a more selective buyer base.

Home Value Estimator For Chicago Ridge, IL

There are currently 4,362 real estate properties in Chicago Ridge, IL, with a median automated valuation model (AVM) price of $263,468.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chicago Ridge, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chicago Ridge, IL, is $294,447.00, with the most expensive house in Chicago Ridge, IL, topping out at $32,671,896.00 and the cheapest home in Chicago Ridge, IL, clocking in at $13,243.00. In other words, there’s something for every potential homebuyer or savvy investor in Chicago Ridge, IL!

Rent Prices In Chicago Ridge, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chicago Ridge, IL, is on a rollercoaster ride. The average rent price in Chicago Ridge, IL, is $1,396.00. Indeed, when looking to rent in Chicago Ridge, IL, you can expect to pay as little as $800.00 or as much as $2,060.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Chicago Ridge, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chicago Ridge, IL Foreclosures

Market Trend for Chicago Ridge, IL

Total Listings Available: 72

Market Values:

Home Prices from $13,243 to $32,671,896

Average Sales Price: $294,447

Rental Values:

Rental from $800 to $2,060

Average Rent Value: $1,396 / month

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