Cook County Value

2218 W 118th St, Chicago, IL 60643

4 bed / 2 bath, 2,917 sqft, built 1952, in Lake. Assessor market value for 2025: $450,000.

Cook County account 25193130400000

In line with similar homes

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

Assessor market value$450,000
Similar homes$485,855
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
$450,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
2,917 sqft
$154 per sqft
Year built
1952
Average quality

What we found

Similar homes' assessments

Weak

1 of 8 similar homes is assessed lower per square foot. Their similarity-weighted median is $164.41/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 $106,640. Counting your land in place of theirs where theirs is less, they support a value of $485,855.

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 $450,000 in 2024 to $450,000 in 2025.
  • Assessor market value per square footThe current public record shows about $154 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.

  • 2255 W 112th St, Chicago, IL 60643
    2,765 sqft | $141/sqft | built 1953 | 5% smaller (2,765 vs 2,917 sqft); Similar age (1953 vs 1952); Similar lot size (9,408 vs 8,887 sqft)
    $390,000
  • 2324 W 107th Pl, Chicago, IL 60643
    2,619 sqft | $179/sqft | built 1945 | 10% smaller (2,619 vs 2,917 sqft); Similar lot size (9,000 vs 8,887 sqft); Same quality (Average)
    $470,000
  • 10732 S Hoyne Ave, Chicago, IL 60643
    3,013 sqft | $164/sqft | built 1937 | Similar size (3,013 vs 2,917 sqft); Similar lot size (8,640 vs 8,887 sqft); Same quality (Average)
    $495,370
  • 2311 W 107th St, Chicago, IL 60643
    2,477 sqft | $179/sqft | built 1952 | Built same year (1952); Similar lot size (9,000 vs 8,887 sqft); Same quality (Average)
    $443,630
  • 11735 S Bell Ave, Chicago, IL 60643
    2,714 sqft | $158/sqft | built 1961 | 7% smaller (2,714 vs 2,917 sqft); Lot 11% smaller (7,920 vs 8,887 sqft); Same quality (Average)
    $430,000

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

No change in 2025 from 2024.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2025$450,000$00.0%
2024$450,000+$70,000+18.4%
2023$380,000$00.0%
2022$380,000$00.0%
2021$380,000−$18,850−4.7%
2020$398,850——
5-year total+$51,150+12.8%