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Image 1 - 7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645 - Condo for sale

Image 2 - 7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645 - Condo for sale

Image 3 - 7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645 - Condo for sale

Image 4 - 7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645 - Condo for sale

Image 5 - 7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645 - Condo for sale

Image 6 - 7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645 - Condo for sale

Image 7 - 7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645 - Condo for sale

Image 8 - 7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645 - Condo for sale

N Ridge Ave Unit B, Chicago, Condo For Sale

7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645

N Ridge Ave Unit B, Chicago, Condo For Sale

condo for sale

Listed: 06/29/24

7540 N Ridge Ave Unit 2B, Chicago, Illinois, 60645

1 Bed:

1 Bath:

1,000 Sq Ft Living Area:

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Price

$ 100,000

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About This Condo

Large 1 bedroom, 1 bath condo, elevator building. Low assessment $270 and parking only $30 per month. Able to be rented 5 years at a time. No immediate owner occupancy restriction, only after 5 years of rental. A few miles to lakefront and lakefront trails. Easy access to Howard Red Line el station and 90/94 expressway.

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West Ridge Housing & Living

Average sale prices for condos

2 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$187,357 (+0.5%)
May 2024	$186,400 (-5.4%)
Apr 2024	$197,062 (+3.3%)
Mar 2024	$190,769 (-0.3%)
Feb 2024	$191,369 (0%)
Jan 2024	$191,369 (+3%)

In June 2024, the asking price for 2 bed condos for sale in/near West Ridge, Chicago, United States averaged $187,357, an increase of 0.5% from the previous month.

Median price trends for properties for sale in West Ridge, Chicago, United States as of June 2024.

Household Income

Median household income: $57,238

Number of households: 1,1M

The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.