Cook County Value

5438 S Bishop St, Chicago, IL 60609

3 bed / 1 bath, 1,490 sqft, built 1898, in Lake. Assessor market value for 2025: $90,000.

Cook County account 20083180290000

Likely too high

about $21,000

8 similar homes nearby point to a value about $21,000 lower than yours.

Assessor market value$90,000
Similar homes$68,554
$21,446 gap · bars start at $0

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

Assessor market value
$90,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
1,490 sqft
$60 per sqft
Year built
1898
Average quality

Why we think so

Similar homes' assessments

Strong

5 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $46.01/sqft, which supports a value of $68,554.

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 $90,000 in 2024 to $90,000 in 2025.
  • Assessor market value per square footThe current public record shows about $60 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 3,085 residential records in the same neighborhood, the average assessor market value is about $74 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.

  • 5753 S Throop St, Chicago, IL 60636
    1,478 sqft | $46/sqft | built 1898 | Similar size (1,478 vs 1,490 sqft); Built same year (1898); Similar lot size (3,125 vs 3,100 sqft)
    $68,010
  • 5202 S Wood St, Chicago, IL 60609
    1,514 sqft | $79/sqft | built 1898 | Similar size (1,514 vs 1,490 sqft); Built same year (1898); Similar lot size (3,125 vs 3,100 sqft)
    $120,010
  • 5616 S Elizabeth St, Chicago, IL 60636
    1,459 sqft | $82/sqft | built 1898 | Similar size (1,459 vs 1,490 sqft); Built same year (1898); Similar lot size (3,125 vs 3,100 sqft)
    $120,010
  • 5836 S Morgan St, Chicago, IL 60621
    1,483 sqft | $35/sqft | built 1892 | Similar size (1,483 vs 1,490 sqft); Similar lot size (3,125 vs 3,100 sqft); Same quality (Average)
    $52,010
  • 5725 S Ada St, Chicago, IL 60636
    1,540 sqft | $30/sqft | built 1898 | Similar size (1,540 vs 1,490 sqft); Built same year (1898); Similar lot size (3,166 vs 3,100 sqft)
    $46,000

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$90,000$00.0%
2024$90,000−$30,000−25.0%
2023$120,000$00.0%
2022$120,000$00.0%
2021$120,000+$59,360+97.9%
2020$60,640——
5-year total+$29,360+48.4%