Cottage / Storybook home in Chicago, IL
A Cottage home in Chicago, IL, it offers 7 bedrooms and 2.5 bathrooms. Its Cottage character defines the property's look.
| Price | $255,000 |
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| Beds | 7 |
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| Baths | 2.5 |
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| Architectural style | Cottage / Storybook (33% match) |
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| Address | 3159 S Ridgeway Ave, Chicago, IL 60623 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $255K, this home is 64% below the $700K median for 101 similar Cottage / Storybook homes in Chicago, IL.
- On the market 21 days.
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. No square footage is listed, so the per-square-foot comparison is not available. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,933/month with 20% down at a 7.28% 30-year fixed rate. You would need about $82,861 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,396/mo |
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| Property tax (new-buyer reassessed rate) | $442/mo |
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| Homeowners insurance | $96/mo |
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| Total monthly | $1,933/mo |
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| Down payment (20%) | $51,000 |
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| Income needed | $82,861/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (75 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (75/100) |
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| Beats renting in | 34% of modeled paths |
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| Modeled 5-yr equity (median) | $161,505 |
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| Range (10th to 90th pct) | $104,983 to $226,367 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Chicago, IL where local data is thin.
Local home values
Typical home values in Chicago, IL have risen about 27% over the past 5 years (+5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia