Cook County Value

5527 S Natchez Ave, Chicago, IL 60638

4 bed / 3 bath, 1,425 sqft, built 1916, in Lake. Assessor market value for 2025: $283,770.

Cook County account 19182060390000

Small or uncertain difference

about $700

8 similar homes nearby point to a value about $700 lower than yours, a small or uncertain difference.

Assessor market value$283,770
Similar homes$283,062
$708 gap · bars start at $0

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

Assessor market value
$283,770
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
1,425 sqft
$199 per sqft
Year built
1916
Average quality

Why we think so

Similar homes' assessments

Weak

5 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $197.55/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 $52,920. Counting your land in place of theirs where theirs is less, they support a value of $283,062.

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 $283,770 in 2024 to $283,770 in 2025.
  • Assessor market value per square footThe current public record shows about $199 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 12,232 residential records in the same neighborhood, the average assessor market value is about $245 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.

  • 6122 S Mason Ave, Chicago, IL 60638
    1,468 sqft | $198/sqft | built 1918 | Similar size (1,468 vs 1,425 sqft); Similar age (1918 vs 1916); Similar lot size (3,780 vs 3,780 sqft)
    $290,000
  • 5634 W 64th St, Chicago, IL 60638
    1,427 sqft | $217/sqft | built 1913 | Similar size (1,427 vs 1,425 sqft); Similar age (1913 vs 1916); Similar lot size (3,750 vs 3,780 sqft)
    $310,000
  • 5649 W 63rd Pl, Chicago, IL 60638
    1,408 sqft | $213/sqft | built 1913 | Similar size (1,408 vs 1,425 sqft); Similar age (1913 vs 1916); Similar lot size (3,750 vs 3,780 sqft)
    $300,000
  • 6030 S Menard Ave, Chicago, IL 60638
    1,493 sqft | $191/sqft | built 1915 | Similar size (1,493 vs 1,425 sqft); Similar age (1915 vs 1916); Similar lot size (3,750 vs 3,780 sqft)
    $284,510
  • 6127 S Menard Ave, Chicago, IL 60638
    1,443 sqft | $180/sqft | built 1916 | Similar size (1,443 vs 1,425 sqft); Built same year (1916); Similar lot size (3,780 vs 3,780 sqft)
    $260,000

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 8.5% in 2025 from 2024.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2025$283,770−$26,230−8.5%
2024$310,000+$80,000+34.8%
2023$230,000$00.0%
2022$230,000$00.0%
2021$230,000+$29,710+14.8%
2020$200,290——
5-year total+$83,480+41.7%