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531 Ridge Ave

Arlington Heights, IL 60005

4 bd 3 ba 2,005 sqft Built 1959 Lot 7,980 sqft single_family
Most recent sale
$339,000
Mar 18, 2002

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2022 Sold $506,000 MRED
Oct 10, 2022 Listed $499,900 MLS #11645303
Mar 18, 2002 Sold $339,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $34,778 $9,576 $44,354 $11,234
2022 $34,778 $9,576 $44,354 $10,792
2021 $37,011 $4,987 $41,998 $11,639
2020 $37,011 $4,987 $41,998 $11,405
2019 $41,575 $4,987 $46,562 $11,325
2018 $42,407 $4,389 $46,796 $12,653
2017 $42,407 $4,389 $46,796 $12,522
2016 $42,407 $4,389 $46,796 $11,915
2015 $34,373 $3,790 $38,163 $10,494
2014 $34,373 $3,790 $38,163 $10,203
2013 $34,373 $3,790 $38,163 $9,930
2012 $38,454 $4,189 $42,643 $10,410
2011 $38,454 $4,189 $42,643 $9,726
2010 $38,454 $4,189 $42,643 $9,018
2009 $40,914 $4,389 $45,303 $8,885
2008 $41,691 $7,022 $48,713 $8,201
2007 $41,691 $7,022 $48,713 $7,546
2006 $31,905 $6,064 $37,969 $6,713

Property facts

Year built
1959
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,005 sqft
Lot size
7,980 sqft
ZIP code
60005
City
Arlington Heights
Street
Ridge Ave
Coordinates
42.07444, -87.98994

Comparable properties nearby

Frequently asked questions

When did 531 Ridge Ave last sell?
531 Ridge Ave most recently sold on Mar 18, 2002 for $339,000.
What is the current tax assessment for 531 Ridge Ave?
The most recent total assessment for 531 Ridge Ave (year 2023) is $44,354 with $11,234 in property tax.
How does 531 Ridge Ave's assessment compare to its last sale price?
The current assessment is 86.9% below the last sale price of $339,000.
When was 531 Ridge Ave built?
531 Ridge Ave was built in 1959.
How does 531 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 531 Ridge Ave?
531 Ridge Ave is a 4 bed, 3 bath, 2,005 sqft, 7,980 sqft lot single_family.
Is 531 Ridge Ave a flip candidate?
No — 531 Ridge Ave does not appear in our flips dataset.
Is 531 Ridge Ave a tax-appeal candidate?
No — 531 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
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$571K
2026 Q4
$587.7K
ZIP 60005 — Median Price History + Forecast

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