Chicago suburbs  ·  2020–2024 Census data

Chicago Ridge Property Tax
Rate & Typical Bill

Homeowners in Chicago Ridge, Cook County, pay about 1.58% of their home's value in property tax each year. The median bill is $5,374.

Chicago Ridge, IL

Effective rate
1.58%
Median tax bill
$5,374
Median home value
$226,900
Owner-occupied homes
2,624
Rank in Cook County (1 = highest)
99 of 111

Cook County average: 1.73%

Estimated Yearly Tax by Home Value

At Chicago Ridge's typical rate of 1.58%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$3,943
$350,000$5,520
$450,000$7,097
$600,000$9,463
$800,000$12,617

Can You Deduct It?

A family with a $226,900 home in Chicago Ridge pays about $3,578 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $9,518 — under the $40,400 cap. That alone does not beat the $32,200 standard deduction for married couples; mortgage interest and charity decide the rest.

Run your own numbers

Compare Nearby Towns

TownCountyRateMedian bill
WorthCook2.21%$5,510
Oak LawnCook2.13%$6,160
Palos HillsCook1.91%$5,613
Palos HeightsCook2.12%$7,624
BurbankCook2.03%$5,992
Hickory HillsCook2.24%$6,715

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.

Property Tax FAQ

What is the property tax rate in Chicago Ridge, IL?

Homeowners in Chicago Ridge pay a typical effective property tax rate of 1.58% of home value per year. The median annual bill is $5,374 and the median home value is $226,900 (U.S. Census ACS 2020–2024).

How much is property tax on a $400,000 home in Chicago Ridge?

About $6,308 per year at Chicago Ridge's typical rate of 1.58%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Chicago Ridge higher than the Cook County average?

Chicago Ridge's typical rate of 1.58% is lower than the Cook County average of 1.73%.

Can I deduct property taxes paid in Chicago Ridge on my 2026 federal return?

Yes, if you itemize. For 2026, property tax plus Illinois income tax count toward the SALT deduction, capped at $40,400 ($20,200 if married filing separately) and reduced above $505,000 of income. Itemizing helps only if your total deductions beat the standard deduction: $32,200 married filing jointly, $16,100 single, $24,150 head of household.

Let a CPA Run Your Numbers

We check whether you should itemize, claim every Illinois credit and file on time — in English, Russian or Ukrainian.