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    Property profile & analytics

    9430 Ridgeland Ave Chicago Ridge, IL 60415-2618

    • Garden apartment buildings
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 17, 2022
    Location Intelligence
    Property ID
    US28-2468322
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 9430 Ridgeland Ave

    Year built
    1964
    Lot size
    0.48 lot acres
    Property type
    Garden apartment buildings
    APN
    24-06-424-030
    APU
    2406424030

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.7807
    Latitude
    41.7202
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $35,414
    $17,722
    $75,467
    $93,189
    -
    $177,220
    $754,670
    $931,890

    Comparable in this City

    • Value Estimation by Request
      1.25 Acres

      10350 Ridgeland Ave

      GARDEN APT, COURT APT (5+ UNITS) • 1.25 Acres
      10350 Ridgeland Ave, Chicago Ridge, IL 60415-1570
      View Details
    • Value Estimation
      $2,905,000
      4.98 Acres

      10010 Sayre Ave, Unit 40

      GARDEN APT, COURT APT (5+ UNITS) • 4.98 Acres
      10010 Sayre Ave, Chicago Ridge, IL 60415-1357
      View Details
    • Value Estimation by Request
      0.57 Acres

      5810 107th Ct Way

      GARDEN APT, COURT APT (5+ UNITS) • 0.57 Acres
      5810 107th Ct Way, Chicago Ridge, IL 60415-1974
      View Details
    • Value Estimation
      $1,710,000
      0.43 Acres

      9424 Ridgeland Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.43 Acres
      9424 Ridgeland Ave, Chicago Ridge, IL 60415-2613
      View Details
    • Value Estimation
      $850,000
      0.48 Acres

      11001 Ridgeland Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.48 Acres
      11001 Ridgeland Ave, Chicago Ridge, IL 60415-2172
      View Details
    • Value Estimation by Request
      12,000 SF

      5740 108th St

      GARDEN APT, COURT APT (5+ UNITS) • 12,000 SF
      5740 108th St, Chicago Ridge, IL 60415-2349
      View Details

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      Freestanding Pep Boys Ground Lease

      Pep Boys ground lease with development potential in Chicago Ridge.
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      Retail property with a new 15-year lease in place.
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      Chicago Ridge Retail Investment

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    Similar Nearby for Lease

    • Contact for pricing
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      Retail property with high visibility and strong national retailers.
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      Retail space available for lease with drive-thru potential.
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      New construction retail space with high visibility available for lease.
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      View Details
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    9430 Ridgeland Ave
    Chicago Ridge, IL 60415-2618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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