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1011 Ridge Ave

Arlington Heights, IL 60004

3 bd 2 ba 1,336 sqft Built 1963 Lot 6,250 sqft single_family
Most recent sale
$490,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 2, 2025 Sold $586,000 MRED
Sep 14, 2022 Sold $490,000 MLS #11482683
Aug 3, 2022 Listing removed $524,998 MRED
Aug 3, 2022 Listed $499,997 MLS #11482683
Jul 21, 2022 Listed $524,998 MLS #11385597
Aug 13, 2021 Sold $260,000 MLS #11158801

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $25,750 $6,250 $32,000 $8,760
2022 $25,750 $6,250 $32,000 $8,437
2021 $24,822 $3,906 $28,728 $5,101
2020 $24,822 $3,906 $28,728 $4,629
2019 $28,015 $3,906 $31,921 $4,582
2018 $26,568 $3,437 $30,005 $6,751
2017 $26,568 $3,437 $30,005 $4,954
2016 $26,568 $3,437 $30,005 $5,459
2015 $22,911 $2,968 $25,879 $6,295
2014 $22,911 $2,968 $25,879 $5,984
2013 $22,911 $2,968 $25,879 $5,972
2012 $26,671 $3,281 $29,952 $6,657
2011 $26,671 $3,281 $29,952 $6,579
2010 $26,671 $3,281 $29,952 $5,724
2009 $28,058 $3,437 $31,495 $5,047
2008 $28,366 $5,500 $33,866 $4,850
2007 $28,366 $5,500 $33,866 $4,706
2006 $23,589 $4,249 $27,838 $4,961

Property facts

Year built
1963
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,336 sqft
Lot size
6,250 sqft
ZIP code
60004
City
Arlington Heights
Street
Ridge Ave
Coordinates
42.09510, -87.98984

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,405
Gross rental yield
5.89%
Implied cap rate
3.83%
Trend-extrapolated value

Frequently asked questions

When did 1011 Ridge Ave last sell?
1011 Ridge Ave most recently sold on Sep 14, 2022 for $490,000.
What is the current tax assessment for 1011 Ridge Ave?
The most recent total assessment for 1011 Ridge Ave (year 2023) is $32,000 with $8,760 in property tax.
How does 1011 Ridge Ave's assessment compare to its last sale price?
The current assessment is 93.5% below the last sale price of $490,000.
When was 1011 Ridge Ave built?
1011 Ridge Ave was built in 1963.
How does 1011 Ridge Ave compare to others on Ridge Ave?
We track 8 other properties on Ridge Ave. Browse the list under "Other properties on Ridge Ave" to compare beds, baths, and sale history.
What are the property facts for 1011 Ridge Ave?
1011 Ridge Ave is a 3 bed, 2 bath, 1,336 sqft, 6,250 sqft lot single_family.
Is 1011 Ridge Ave a flip candidate?
Yes — 1011 Ridge Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1011 Ridge Ave a tax-appeal candidate?
No — 1011 Ridge Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$602.9K
2026 Q4
$612.9K
ZIP 60004 — Median Price History + Forecast

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