Cook County Value

5118 S Lockwood Ave, Chicago, IL 60638

2 bed / 1 bath, 1,280 sqft, built 1916, in Lake. Assessor market value for 2025: $280,000.

Cook County account 19093050270000

Assessor market value
$280,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
1,280 sqft
$219 per sqft
Year built
1916
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 60638 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 $280,000 in 2024 to $280,000 in 2025.
  • Assessor market value per square footThe current public record shows about $219 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 60638.
  • Neighborhood value signalAmong 2,625 residential records in the same neighborhood, the average assessor market value is about $249 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.

  • 5237 S Long Ave, Chicago, IL 60638
    1,291 sqft | $209/sqft | built 1920 | Similar size (1,291 vs 1,280 sqft); Similar age (1920 vs 1916); Similar lot size (3,750 vs 3,780 sqft)
    $270,010
  • 5115 S Keating Ave, Chicago, IL 60632
    1,260 sqft | $222/sqft | built 1917 | Similar size (1,260 vs 1,280 sqft); Similar age (1917 vs 1916); Similar lot size (3,780 vs 3,780 sqft)
    $280,000
  • 5213 S Lorel Ave, Chicago, IL 60638
    1,280 sqft | $219/sqft | built 1916 | Similar size (1,280 vs 1,280 sqft); Built same year (1916); Similar lot size (3,750 vs 3,780 sqft)
    $280,010
  • 5225 S Long Ave, Chicago, IL 60638
    1,272 sqft | $220/sqft | built 1923 | Similar size (1,272 vs 1,280 sqft); Similar lot size (3,750 vs 3,780 sqft); Same quality (Average)
    $280,010
  • 5134 S Laramie Ave, Chicago, IL 60638
    1,327 sqft | $234/sqft | built 1916 | Similar size (1,327 vs 1,280 sqft); Built same year (1916); Similar lot size (3,750 vs 3,780 sqft)
    $310,010

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$280,000$00.0%
2024$280,000+$90,000+47.4%
2023$190,000$00.0%
2022$190,000$00.0%
2021$190,000+$2,420+1.3%
2020$187,580——
5-year total+$92,420+49.3%