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  • $300,000

    550 Ridge Ave, Elk Grove Village, IL 60007

    3beds
    1,080sqft
    Single Family Residence
    Built in 1961
    6,800 Square Feet Lot
    $301,100 Zestimate®
    $278/sqft
    $2,626 Estimated rent

    Home value

    $301,100

    $274,000 - $331,000

    $2,626/mo

    Zestimate® history
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    What's special

    A ranch-style home with nice curb appeal located near school, parks, Rainbow Falls and Busse Woods. A maintenance free exterior and a private patio with large fenced backyard. Cozy living room with large windows and a galley kitchen. Full size washer and dryer. Attached garage with extra storage. Makes for an affordable starter home.

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2026 at 01:01am

    Listing courtesy of:

    Johnny Christensen (847)956-0660x23,

    N. W. Village Realty, Inc.

    Bought with:

    Kat Becker

    RE/MAX Advantage Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12534218MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Flooring (Carpet), Window Treatments (All)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Bedroom 2
    • Features: Flooring (Carpet), Window Treatments (All)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Bedroom 3
    • Features: Flooring (Carpet), Window Treatments (All)
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10X9
    Dining room
    • Features: Flooring (Vinyl)
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Kitchen
    • Features: Kitchen (Eating Area-Table Space), Flooring (Vinyl)
    • Level: Main
    • Area: 112 Square Feet
    • Dimensions: 14X8
    Laundry
    • Features: Flooring (Vinyl)
    • Level: Main
    • Area: 64 Square Feet
    • Dimensions: 8X8
    Living room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 16X13
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator, Washer, Dryer, Range Hood
    • Laundry: Main Level, Gas Dryer Hookup, In Unit
    Features
    • 1st Floor Bedroom
    • Windows: Screens
    • Basement: Crawl Space
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,080 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    • Patio & porch: Patio
    Lot
    • Size: 6,800 sqft
    • Dimensions: 68x100
    Details
    • Additional structures: Stable(s)
    • Parcel number: 08283120200000
    • Special conditions: None
    • Other equipment: TV-Cable

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1961
    Details
    • Builder model: Beverly

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Elk Grove Village
    • Subdivision: Centex

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/1/2026Sold$300,000-6.2%$278/sqft
    Source: MRED as distributed by MLS GRID #12534218 Report a problem
    1/30/2026Contingent$319,900$296/sqft
    Source: MRED as distributed by MLS GRID #12534218 Report a problem
    12/17/2025Price change$319,900-3%$296/sqft
    Source: MRED as distributed by MLS GRID #12534218 Report a problem
    10/9/2025Price change$329,900-1.5%$305/sqft
    Source: MRED as distributed by MLS GRID #12453528 Report a problem
    8/26/2025Listed for sale$334,900$310/sqft
    Source: MRED as distributed by MLS GRID #12453528 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$2,466 +0.7%$24,000
    2022$2,448 -9.6%$24,000 +33.3%
    2021$2,708 +11.4%$18,003
    2020$2,430 -0.6%$18,003 -10%
    2019$2,446 -11.4%$20,004 +2.7%
    2018$2,761 +2.5%$19,486
    2017$2,693 -15.9%$19,486
    2016$3,203 -9.6%$19,486 +9.7%
    2015$3,542 +3.6%$17,766
    2014$3,420 -0.1%$17,766
    2013$3,422 -4.5%$17,766 -18.4%
    2012$3,584 +6.7%$21,775
    2011$3,358 +13.9%$21,775
    2010$2,947 +10.3%$21,775 -12.6%
    2009$2,671 +4.6%$24,922 -7%
    2008$2,553 -17.3%$26,797
    2007$3,088 +24.6%$26,797 +31.4%
    2006$2,477 +8%$20,389
    2005$2,293 +4.6%$20,389
    2004$2,193 -0.8%$20,389 +26.9%
    2003$2,210 +6.6%$16,070
    2002$2,073 +26%$16,070
    2001$1,646 +1.5%$16,070 +21.8%
    2000$1,621 $13,196
    1999$1,621 $13,196

    Find assessor info on the county website

    Neighborhood: 60007

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Salt Creek Elementary School
    • Middle: Grove Junior High School
    • High: Elk Grove High School
    • District: 59

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $301,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $301,100