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Foreclosure Homes in Chicago Ridge, IL

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Forest-ln-Chicago-ridge-IL-60415
Preforeclosure
$174,930 EMV

Forest Ln
Chicago Ridge, IL 60415

3 Bed | 2 Bath | 1,017 Sq. Ft.

109th-st-Chicago-ridge-IL-60415
Preforeclosure
$211,140 EMV

109th St
Chicago Ridge, IL 60415

3 Bed | 2 Bath | 1,817 Sq. Ft.

109th-pl-Chicago-ridge-IL-60415
Preforeclosure
$186,235 EMV

109th Pl
Chicago Ridge, IL 60415

3 Bed | 3 Bath | 1,191 Sq. Ft.

Marshall-ave-apt-1e-Chicago-ridge-IL-60415
Preforeclosure
$71,400 EMV

Marshall Ave Apt 1e
Chicago Ridge, IL 60415

2 Bed | 2 Bath

Mansfield-ave-Chicago-ridge-IL-60415
Bankruptcy
$185,417 EMV

Mansfield Ave
Chicago Ridge, IL 60415

21 97th-pl-Chicago-ridge-IL-60415
As-Is Deal
$335,000 List Price

97th Pl
Chicago Ridge, IL 60415

4 Bed | 3 Bath

9 Parkside-ave-apt-5-Chicago-ridge-IL-60415
As-Is Deal
$119,900 List Price

Parkside Ave Apt 5
Chicago Ridge, IL 60415

2 Bed | 1 Bath

Mansfield-ave-Chicago-ridge-IL-60415
Preforeclosure
$187,935 EMV

Mansfield Ave
Chicago Ridge, IL 60415

| 1.5 Bath | 1,450 Sq. Ft.

22 100th-st-apt-102-Chicago-ridge-IL-60415
Short Sale
$79,999 List Price

100th St Apt 102
Chicago Ridge, IL 60415

2 Bed | 1 Bath

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Foreclosure Homes in Chicago Ridge, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Chicago Ridge, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Chicago Ridge, IL and much more. Save thousands at closing with home foreclosure listings in Chicago Ridge, IL — up to 75% off market value!


Top Reasons To Live In Chicago Ridge, IL In 2021

Chicago Ridge is located in Cook, Illinois, with an estimated municipal population of 13,928 residents. All of the best foreclosed homes for sale in Chicago Ridge are located in the following zip code areas on Foreclosure.com: 60415. The estimated population per square kilometer (.62 miles) in Chicago Ridge is 2,371.


Cost Of Living In Chicago Ridge, IL

So, about how much do homes cost in Chicago Ridge? The most recent median value of resident-owned homes in Chicago Ridge is 160,719. An estimated 54.6 percent of households in Chicago Ridge own their homes, with an average family size of 3.32. The median household income in Chicago Ridge is 48,886, with16.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chicago Ridge, the median commute time of resident workers (in minutes) is 33.3. And last, but certainly not least, are you looking for homes to rent in Chicago Ridge? If so, the average rent price paid by renters in Chicago Ridge is 996, according to recent statistics.


Diversity And Demographics In Chicago Ridge, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Chicago Ridge, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Chicago Ridge is 34.8, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Chicago Ridge is 49.7, with an average family size of 3.32.

The percentage of residents who report their race in Chicago Ridge is as follows:

White 80.6%
Black / African American 11.3%
Asian 2.5%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 1.6%
Other 3.8%

Looking for family-friendly neighborhoods in and/or near Chicago Ridge? Or maybe you are searching for 55+ active adult communities in and/or near Chicago Ridge?

The percentage of residents who report their age in Chicago Ridge is as follows:

Under 10 16.5%
Aged 10-19 10%
20s 16%
30s 16%
40s 9.3%
50s 11.8%
60s 10.9%
70s 5.9%
80+ 3.6%

Best Schools In Chicago Ridge, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Chicago Ridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chicago Ridge.


Pros And Cons Of Living In Chicago Ridge, Illinois

How do you know that living in -- or moving to -- Chicago Ridge is right where you need to be? Perhaps you grew up in Chicago Ridge or already live nearby; therefore, the decision to buy a home in Chicago Ridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chicago Ridge for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Chicago Ridge:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chicago Ridge.


Reasons To Move To Chicago Ridge, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chicago Ridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chicago Ridge, meanwhile, can field multiple offers from more qualified buyers.

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