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7526 Palma Ln

Morton Grove, IL 60053

3 bd 2 ba 1,827 sqft Built 1956 Lot 7,200 sqft single_family
Most recent sale
$380,550
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $380,550 MLS #11281447
Dec 4, 2021 Listed $384,900 MLS #11281447
Oct 20, 2016 Sold $265,000 MLS #09251176
Jun 30, 2016 Price changed $269,000 MLS #09251176
Jun 17, 2016 Price changed $279,000 MLS #09251176
Jun 8, 2016 Listed $289,000 MLS #09251176
Oct 29, 2014 Listing removed $225,000 MRED
Sep 5, 2014 Price changed $225,000 MLS #08598251
Jun 11, 2014 Price changed $235,000 MLS #08598251
Apr 28, 2014 Listed $250,000 MLS #08598251

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $26,080 $7,920 $34,000 $9,199
2022 $26,080 $7,920 $34,000 $7,185
2021 $22,055 $5,580 $27,635 $7,496
2020 $22,055 $5,580 $27,635 $7,351
2019 $25,126 $5,580 $30,706 $7,164
2018 $21,314 $4,860 $26,174 $6,648
2017 $21,314 $4,860 $26,174 $6,549
2016 $21,314 $4,860 $26,174 $7,021
2015 $15,015 $4,140 $19,155 $5,624
2014 $19,538 $4,140 $23,678 $6,789
2013 $19,538 $4,140 $23,678 $6,617
2012 $23,729 $4,860 $28,589 $6,951
2011 $23,729 $4,860 $28,589 $6,660
2010 $23,729 $4,860 $28,589 $6,600
2009 $27,267 $4,860 $32,127 $6,855
2008 $28,732 $7,776 $36,508 $6,779
2007 $28,732 $7,776 $36,508 $6,713
2006 $21,567 $6,048 $27,615 $5,522

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,827 sqft
Lot size
7,200 sqft
ZIP code
60053
City
Morton Grove
Street
Palma Ln
Coordinates
42.05481, -87.81457

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,289
Gross rental yield
10.37%
Implied cap rate
6.74%
Trend-extrapolated value

Frequently asked questions

When did 7526 Palma Ln last sell?
7526 Palma Ln most recently sold on Mar 30, 2022 for $380,550.
What is the current tax assessment for 7526 Palma Ln?
The most recent total assessment for 7526 Palma Ln (year 2023) is $34,000 with $9,199 in property tax.
How does 7526 Palma Ln's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $380,550.
When was 7526 Palma Ln built?
7526 Palma Ln was built in 1956.
How does 7526 Palma Ln compare to others on Palma Ln?
We track 8 other properties on Palma Ln. Browse the list under "Other properties on Palma Ln" to compare beds, baths, and sale history.
What are the property facts for 7526 Palma Ln?
7526 Palma Ln is a 3 bed, 2 bath, 1,827 sqft, 7,200 sqft lot single_family.
Is 7526 Palma Ln a flip candidate?
No — 7526 Palma Ln does not appear in our flips dataset.
Is 7526 Palma Ln a tax-appeal candidate?
No — 7526 Palma Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.2%
Implied 1-yr
+20.9%
2026 Q3
$681.5K
2026 Q4
$708K
ZIP 60053 — Median Price History + Forecast

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