305 Ridge Ave
Arlington Heights, IL 60005
4 bd 3 ba 2,428 sqft Built 1963 single_family
Most recent sale
$610,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $610,000 | MLS #11450758 |
| Jun 30, 2022 | Listed | $599,000 | MLS #11450758 |
| Jul 16, 1998 | Sold | $335,000 | Public Record |
| Apr 5, 1977 | Sold | $87,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $35,040 | $12,960 | $48,000 | $12,232 |
| 2022 | $35,040 | $12,960 | $48,000 | $11,753 |
| 2021 | $35,943 | $6,750 | $42,693 | $11,848 |
| 2020 | $35,943 | $6,750 | $42,693 | $11,609 |
| 2019 | $40,582 | $6,750 | $47,332 | $11,527 |
| 2018 | $39,574 | $5,940 | $45,514 | $12,279 |
| 2017 | $39,574 | $5,940 | $45,514 | $12,152 |
| 2016 | $39,574 | $5,940 | $45,514 | $11,570 |
| 2015 | $32,314 | $5,130 | $37,444 | $10,281 |
| 2014 | $32,314 | $5,130 | $37,444 | $9,997 |
| 2013 | $32,314 | $5,130 | $37,444 | $9,729 |
| 2012 | $38,424 | $5,670 | $44,094 | $10,786 |
| 2011 | $38,424 | $5,670 | $44,094 | $10,411 |
| 2010 | $38,424 | $5,670 | $44,094 | $9,376 |
| 2009 | $43,854 | $5,940 | $49,794 | $9,899 |
| 2008 | $44,039 | $9,504 | $53,543 | $9,192 |
| 2007 | $44,039 | $9,504 | $53,543 | $8,528 |
| 2006 | $31,245 | $8,208 | $39,453 | $7,413 |
Property facts
Year built
1963
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,428 sqft
Lot size
—
ZIP code
60005
City
Arlington Heights
Street
Ridge Ave
Coordinates
42.07790, -87.98991
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,370
Gross rental yield
8.60%
Implied cap rate
5.59%
Trend-extrapolated value
—
Frequently asked questions
When did 305 Ridge Ave last sell?
305 Ridge Ave most recently sold on Aug 3, 2022 for $610,000.
What is the current tax assessment for 305 Ridge Ave?
The most recent total assessment for 305 Ridge Ave (year 2023) is $48,000 with $12,232 in property tax.
How does 305 Ridge Ave's assessment compare to its last sale price?
The current assessment is 92.1% below the last sale price of $610,000.
When was 305 Ridge Ave built?
305 Ridge Ave was built in 1963.
How does 305 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 305 Ridge Ave?
305 Ridge Ave is a 4 bed, 3 bath, 2,428 sqft single_family.
Is 305 Ridge Ave a flip candidate?
No — 305 Ridge Ave does not appear in our flips dataset.
Is 305 Ridge Ave a tax-appeal candidate?
No — 305 Ridge Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$571K
2026 Q4
$587.7K
ZIP 60005 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ridge Ave