Cook County Value

5531 S New England Ave, Chicago, IL 60638

4 bed / 1 bath, 1,439 sqft, built 1946, in Lake Assessor market value for 2025: $310,000.

Cook County account 19181060310000

Assessor market value
$310,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
1,439 sqft
$215 per sqft
Year built
1946
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 $310,000 in 2024 to $310,000 in 2025.
  • Assessor market value per square footThe current public record shows about $215 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.

  • 5340 S Mulligan Ave, Chicago, IL 60638
    1,438 sqft | $216/sqft | built 1948 | Similar size (1,438 vs 1,439 sqft); Similar age (1948 vs 1946); Similar lot size (4,687 vs 4,630 sqft)
    $310,000
  • 5257 S Natoma Ave, Chicago, IL 60638
    1,440 sqft | $201/sqft | built 1946 | Similar size (1,440 vs 1,439 sqft); Built same year (1946); Similar lot size (4,921 vs 4,630 sqft)
    $290,000
  • 5259 S Mason Ave, Chicago, IL 60638
    1,423 sqft | $225/sqft | built 1941 | Similar size (1,423 vs 1,439 sqft); Similar age (1941 vs 1946); Similar lot size (4,500 vs 4,630 sqft)
    $320,000
  • 6201 S Mayfield Ave, Chicago, IL 60638
    1,449 sqft | $214/sqft | built 1953 | Similar size (1,449 vs 1,439 sqft); Similar lot size (4,536 vs 4,630 sqft); Same quality (Average)
    $310,000
  • 5644 S Nagle Ave, Chicago, IL 60638
    1,429 sqft | $224/sqft | built 1951 | Similar size (1,429 vs 1,439 sqft); Similar age (1951 vs 1946); Similar lot size (4,958 vs 4,630 sqft)
    $320,000

Recent comparable sales

Sales selected by similarity to the subject property.

  • 5259 S Mason Ave, Chicago, IL 60638
    1,423 sqft | $232/sqft | built 1941 | Similar size (1,423 sqft); Moderate age difference (5 years older); Same beds (4)
    $330,000
  • 5739 S Mayfield Ave, Chicago, IL 60638
    1,415 sqft | $253/sqft | built 1954 | Similar size (1,415 sqft); Moderate age difference (8 years newer)
    $358,000
  • 5800 W 60th St, Chicago, IL 60638
    1,339 sqft | $176/sqft | built 1932 | 7% size difference (1,339 sqft); Within 1 bedroom (3 vs 4)
    $235,000
  • 7139 W 74th St, Chicago, IL 60638
    1,323 sqft | $231/sqft | built 1946 | 8% size difference (1,323 sqft); Similar age (1946); Within 1 bedroom (3 vs 4)
    $305,000
  • 5304 S Newland Ave, Chicago, IL 60638
    1,762 sqft | $315/sqft | built 1949 | Similar age (1949); Same beds (4)
    $555,000

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$310,000$00.0%
2024$310,000+$49,990+19.2%
2023$260,010$00.0%
2022$260,010$00.0%
2021$260,010+$24,520+10.4%
2020$235,490——
5-year total+$74,510+31.6%