Chicago Ridge, IL Real Estate

According to census data in the year 2000 there were 5,847 housing units in Chicago Ridge. This represents a 6.3% growth from 5,499 in 1990.

Of those housing units, 5,847 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Chicago Ridge is about 51.6%. Chicago Ridge's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Chicago Ridge were built after 1972.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom15.30%
Two Bedrooms52.70%
Three Bedrooms23.70%
Four Bedrooms6.30%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1965
Median Value of occupied units$138,500
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1974
Median Monthly Rent asked for vacant units$651

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage9.10%
Home Equity Loan11.10%
Simple Mortgage48.10%
Debt Free30.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%