550 Cherokee Rd is a 2,498 square foot house on a 9,744 square foot lot with 2.5 bathrooms. Based on Redfin's Highland Park data, we estimate the home's value is $967,082.
Single-familyProperty Type
1927Year Built
9,744 sq ftLot Size
$387Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$967,082
$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 15.5% lower than the average sale price ($1.14M) of 5 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$18,722 (+5.4%)
$92,771 + $139,556
$232,327
2024
$17,757 (+6.9%)
$92,771 + $139,556
$232,327
2023
$16,618 (−4.0%)
$87,462 + $131,570
$219,032
2022
$17,311 (+8.5%)
$78,837 + $118,596
$197,433
2021
$15,955 (+3.3%)
$86,607 + $111,630
$198,237
2020
$15,438 (+3.5%)
$83,719 + $107,907
$191,626
2019
$14,919 (+4.4%)
$83,327 + $107,402
$190,729
2018
$14,296 (+3.2%)
$65,689 + $125,073
$190,762
2017
$13,856 (+3.8%)
$65,689 + $125,073
$190,762
2016
$13,353 (+3.3%)
$65,310 + $124,352
$189,662
2015
$12,932 (+9.4%)
$62,176 + $118,385
$180,561
2013
$11,826 (+2.8%)
$55,248 + $95,168
$150,416
2012
$11,508 (+2.3%)
$56,681 + $97,637
$154,318
2011
$11,254 (−5.6%)
$57,556 + $99,144
$156,700
2010
$11,921 (+2.6%)
$70,159 + $117,082
$187,241
2008
$11,619 (+9.2%)
$74,352 + $124,080
$198,432
2007
$10,642
$71,697 + $119,650
$191,347
Tax history for 550 Cherokee Rd
Year
Property tax
Land + Additions
Assessment*
2025
$18,722 (+5.4%)
$92,771 + $139,556
$232,327
2024
$17,757 (+6.9%)
$92,771 + $139,556
$232,327
2023
$16,618 (−4.0%)
$87,462 + $131,570
$219,032
2022
$17,311 (+8.5%)
$78,837 + $118,596
$197,433
2021
$15,955 (+3.3%)
$86,607 + $111,630
$198,237
2020
$15,438 (+3.5%)
$83,719 + $107,907
$191,626
2019
$14,919 (+4.4%)
$83,327 + $107,402
$190,729
2018
$14,296 (+3.2%)
$65,689 + $125,073
$190,762
2017
$13,856 (+3.8%)
$65,689 + $125,073
$190,762
2016
$13,353 (+3.3%)
$65,310 + $124,352
$189,662
2015
$12,932 (+9.4%)
$62,176 + $118,385
$180,561
2013
$11,826 (+2.8%)
$55,248 + $95,168
$150,416
2012
$11,508 (+2.3%)
$56,681 + $97,637
$154,318
2011
$11,254 (−5.6%)
$57,556 + $99,144
$156,700
2010
$11,921 (+2.6%)
$70,159 + $117,082
$187,241
2008
$11,619 (+9.2%)
$74,352 + $124,080
$198,432
2007
$10,642
$71,697 + $119,650
$191,347
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R5
Moderate Density Residential District
This zoning district provides for moderate density residential and normal accessory uses. It is not intended to allow commercial, industrial, governmental, recreational, or like uses in this district; however, certain facilities required to serve educational, religious, or other needs of the area may be allowed within the district as conditional uses subject to restrictions intended to preserve and protect the residential character.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Single unit
Educational/school
Golf related
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 967
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Conventional
Building Construction Quality: Above Average
Property Information
Subdivision Name: BRAESIDE
Living Sq. Ft: 2,498
Ground Floor Sq. Ft: 1,421
Building Sq. Ft: 3,685
# of Stories: 2
Legal Description: BRAESIDE LOT 100
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 220
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,744
Legal Lot Number: 100
Municipality Name: MORAINE TWP
Acres: 0.2237
County Use Description: RESIDENTIAL IMPROVEMENTS
Financial
Assessor Information
Assessment Year: 2025
Tax District County: MORAINE TOWNSHIP
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 2,498
Stories: 2.0
Lot Size: 9,744 square feet
Style: Single Family Residential
Year Built: 1927
Year Renovated: 1938
County: Lake County
APN: 16-36-416-006
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Braeside Elementary School
Public K-5 • Assigned • 0.2mi
9/10
Edgewood Middle School
Public 6-8 • Assigned • 1.4mi
9/10
Highland Park High School
Public 9-12 • Assigned • 2.9mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Highland Park, IL • 60035
Average low and high temperatures (°F)
30
15
38
21
53
33
59
42
64
47
78
61
81
68
80
66
76
60
66
50
50
38
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$919,000 – $1.11M
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