Cook County Value

2208 W 116th St 1, Chicago, IL 60643

4 bed / 1 bath, 2,359 sqft, built 1931, in Lake. Assessor market value for 2025: $370,750.

Cook County account 25193040140000

In line with similar homes

8 similar homes nearby support a value at or above your county value.

Assessor market value$370,750
Similar homes$443,916
No gap: similar homes are at or above the county value · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Assessor market value
$370,750
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
2,359 sqft
$157 per sqft
Year built
1931
Average quality

What we found

Similar homes' assessments

Weak

0 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $180.62/sqft, but land is valued apart from the home, and some of them have less land value per square foot of home than yours, which counts as $157,500. Counting your land in place of theirs where theirs is less, they support a value of $443,916.

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 60643 and Lake assessment pages.

Appeal deadlines

For Lake, appeals to the Assessor are open through (10 days left).

Deadline rule: Set by township: file with the Assessor by your township's last file date, and with the Board of Review while your township is open there. Evidence is reviewed by the Cook County Assessor's Office or, in a separate appeal, by the Cook County Board of Review. Dates checked against the official source.

Assessment snapshot

These public CCAO records highlight what may be worth checking before you file.

  • Assessment changeThe assessor market value stayed about the same, from $370,750 in 2024 to $370,750 in 2025.
  • Assessor market value per square footThe current public record shows about $157 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Lake neighborhood and ZIP 60643.
  • Neighborhood value signalAmong 1,247 residential records in the same neighborhood, the average assessor market value is about $198 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values stayed about flat on average.

Comparable assessments

Showing 5 of the 8 similar homes in this property's equity comparison, from public appraisal records.

  • 10921 S Oakley Ave, Chicago, IL 60643
    2,215 sqft | $208/sqft | built 1926 | 6% smaller (2,215 vs 2,359 sqft); Similar age (1926 vs 1931); Similar lot size (13,136 vs 13,125 sqft)
    $460,000
  • 2073 W 107th St, Chicago, IL 60643
    2,323 sqft | $211/sqft | built 1926 | Similar size (2,323 vs 2,359 sqft); Similar age (1926 vs 1931); Lot 12% smaller (11,550 vs 13,125 sqft)
    $490,000
  • 2201 W 116th Pl, Chicago, IL 60643
    2,391 sqft | $167/sqft | built 1945 | Similar size (2,391 vs 2,359 sqft); Similar lot size (12,750 vs 13,125 sqft); Same quality (Average)
    $400,000
  • 11217 S Oakley Ave, Chicago, IL 60643
    2,442 sqft | $180/sqft | built 1928 | Similar size (2,442 vs 2,359 sqft); Similar age (1928 vs 1931); Lot 10% smaller (11,750 vs 13,125 sqft)
    $440,000
  • 11201 S Oakley Ave, Chicago, IL 60643
    2,347 sqft | $162/sqft | built 1941 | Similar size (2,347 vs 2,359 sqft); Lot 11% smaller (11,645 vs 13,125 sqft); Same quality (Average)
    $380,000

Recent comparable sales

Sales selected by similarity to the subject property.

Public appraisal comparison for 2025. Prepared . Appraisal source: Cook County Assessor's Office. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Down 9.6% in 2025 from 2024.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2025$370,750−$39,250−9.6%
2024$410,000+$80,080+24.3%
2023$329,920$00.0%
2022$329,920−$30,080−8.4%
2021$360,000+$71,680+24.9%
2020$288,320——
5-year total+$82,430+28.6%