7340 Palos Ave
Palos Heights, IL 60463
3 bd 1 ba 1,606 sqft Built 1948 single_family
Most recent sale
$285,000
Aug 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 18, 2024 | Listed for rent | $2,800 | MRED |
| Sep 9, 2024 | Listed for rent | $2,800 | MRED |
| Aug 23, 2022 | Sold | $285,000 | MLS #11411932 |
| Jul 1, 2022 | Price changed | $289,900 | MLS #11411932 |
| May 22, 2022 | Listed | $295,000 | MLS #11411932 |
| Aug 16, 2019 | Sold | $121,500 | MLS #10411573 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $15,218 | $7,781 | $22,999 | $6,286 |
| 2022 | $12,640 | $6,847 | $19,487 | $6,468 |
| 2021 | $12,640 | $6,847 | $19,487 | $6,067 |
| 2020 | $12,640 | $6,847 | $19,487 | $5,871 |
| 2019 | $15,968 | $6,225 | $22,193 | $4,668 |
| 2018 | $15,968 | $6,225 | $22,193 | $2,657 |
| 2017 | $15,968 | $6,225 | $22,193 | $2,486 |
| 2016 | $13,071 | $5,291 | $18,362 | $3,443 |
| 2015 | $13,071 | $5,291 | $18,362 | $3,550 |
| 2014 | $13,071 | $5,291 | $18,362 | $3,361 |
| 2013 | $15,643 | $5,291 | $20,934 | $3,248 |
| 2012 | $15,643 | $5,291 | $20,934 | $3,006 |
| 2011 | $15,643 | $5,291 | $20,934 | $2,829 |
| 2010 | $22,327 | $5,291 | $27,618 | $2,360 |
| 2009 | $22,327 | $5,291 | $27,618 | $2,302 |
| 2008 | $20,606 | $8,465 | $29,071 | $2,403 |
| 2007 | $17,925 | $6,972 | $24,897 | $2,685 |
| 2006 | $17,925 | $6,972 | $24,897 | $2,754 |
Property facts
Year built
1948
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,606 sqft
Lot size
—
ZIP code
60463
City
Palos Heights
Street
Palos Ave
Coordinates
41.65982, -87.80030
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,891
Gross rental yield
12.17%
Implied cap rate
7.91%
Trend-extrapolated value
—
Frequently asked questions
When did 7340 Palos Ave last sell?
7340 Palos Ave most recently sold on Aug 23, 2022 for $285,000.
What is the current tax assessment for 7340 Palos Ave?
The most recent total assessment for 7340 Palos Ave (year 2023) is $22,999 with $6,286 in property tax.
How does 7340 Palos Ave's assessment compare to its last sale price?
The current assessment is 91.9% below the last sale price of $285,000.
When was 7340 Palos Ave built?
7340 Palos Ave was built in 1948.
How does 7340 Palos Ave compare to others on Palos Ave?
We track 3 other properties on Palos Ave. Browse the list under "Other properties on Palos Ave" to compare beds, baths, and sale history.
What are the property facts for 7340 Palos Ave?
7340 Palos Ave is a 3 bed, 1 bath, 1,606 sqft single_family.
Is 7340 Palos Ave a flip candidate?
No — 7340 Palos Ave does not appear in our flips dataset.
Is 7340 Palos Ave a tax-appeal candidate?
No — 7340 Palos Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$335.6K
2026 Q4
$335K
ZIP 60463 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palos Ave