Cook County Value

503 W 45th St, Chicago, IL 60609

4 bed / 2 bath, 1,888 sqft, built 2017, in Lake Assessor market value for 2025: $480,000.

Cook County account 20043220530000

Assessor market value
$480,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
1,888 sqft
$254 per sqft
Year built
2017
Average quality

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 60609 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 $480,000 in 2024 to $480,000 in 2025.
  • Assessor market value per square footThe current public record shows about $254 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 60609.
  • Neighborhood value signalAmong 1,065 residential records in the same neighborhood, the average assessor market value is about $173 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values stayed about flat on average.

Comparable assessments

Similar public appraisal records selected for this property's equity comparison.

  • 625 W 43rd Pl 1, Chicago, IL 60609
    1,972 sqft | $218/sqft | built 2020 | Similar size (1,972 vs 1,888 sqft); Similar age (2020 vs 2017); Lot 15% smaller (3,175 vs 3,732 sqft)
    $430,360
  • 4357 Halsted, Chicago, IL 60609
    1,928 sqft | $244/sqft | built 2022 | Similar size (1,928 vs 1,888 sqft); Similar age (2022 vs 2017); Same quality (Average)
    $470,000
  • 4355 Halsted, Chicago, IL 60609
    1,928 sqft | $277/sqft | built 2022 | Similar size (1,928 vs 1,888 sqft); Similar age (2022 vs 2017); Same quality (Average)
    $534,000
  • 4351 Halsted, Chicago, IL 60609
    1,928 sqft | $254/sqft | built 2022 | Similar size (1,928 vs 1,888 sqft); Similar age (2022 vs 2017); Same quality (Average)
    $490,000
  • 4642 S Wallace St, Chicago, IL 60609
    1,751 sqft | $246/sqft | built 2018 | 7% smaller (1,751 vs 1,888 sqft); Similar age (2018 vs 2017); Lot 19% smaller (3,025 vs 3,732 sqft)
    $430,000

Recent comparable sales

No usable comparable sales are available in this data snapshot.

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$480,000$00.0%
2024$480,000+$30,000+6.7%
2023$450,000$00.0%
2022$450,000$00.0%
2021$450,000+$24,470+5.8%
2020$425,530——
5-year total+$54,470+12.8%