8701 131st St
Palos Park, IL 60464
4 bd 3 ba 2,518 sqft Built 1953 Lot 34,848 sqft single_family
Most recent sale
$440,000
Dec 2, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 2, 2021 | Sold | $440,000 | MLS #11219462 |
| Apr 11, 1984 | Sold | $129,000 | Public Record |
| Oct 1, 1983 | Sold | $129,000 | Public Record |
| Aug 25, 1980 | Sold | $145,000 | Public Record |
| Jun 22, 1979 | Sold | $32,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $18,000 | $27,884 | $45,884 | $9,749 |
| 2022 | $19,848 | $11,693 | $31,541 | $9,015 |
| 2021 | $19,848 | $11,693 | $31,541 | $5,158 |
| 2020 | $19,848 | $11,693 | $31,541 | $6,632 |
| 2019 | $22,018 | $10,794 | $32,812 | $6,610 |
| 2018 | $22,018 | $10,794 | $32,812 | $6,416 |
| 2017 | $22,018 | $10,794 | $32,812 | $4,740 |
| 2016 | $19,649 | $8,995 | $28,644 | $6,190 |
| 2015 | $19,649 | $8,995 | $28,644 | $6,068 |
| 2014 | $19,649 | $8,995 | $28,644 | $5,570 |
| 2013 | $20,971 | $8,995 | $29,966 | $5,938 |
| 2012 | $23,273 | $8,995 | $32,268 | $6,299 |
| 2011 | $23,273 | $8,995 | $32,268 | $5,977 |
| 2010 | $30,350 | $8,995 | $39,345 | $5,563 |
| 2009 | $30,350 | $8,995 | $39,345 | $5,975 |
| 2008 | $27,024 | $14,392 | $41,416 | $5,141 |
| 2007 | $24,546 | $10,074 | $34,620 | $4,760 |
| 2006 | $24,546 | $10,074 | $34,620 | $4,713 |
Property facts
Year built
1953
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,518 sqft
Lot size
34,848 sqft
ZIP code
60464
City
Palos Park
Street
131st St
Coordinates
41.65229, -87.83192
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,532
Gross rental yield
12.36%
Implied cap rate
8.03%
Trend-extrapolated value
—
Frequently asked questions
When did 8701 131st St last sell?
8701 131st St most recently sold on Dec 2, 2021 for $440,000.
What is the current tax assessment for 8701 131st St?
The most recent total assessment for 8701 131st St (year 2023) is $45,884 with $9,749 in property tax.
How does 8701 131st St's assessment compare to its last sale price?
The current assessment is 89.6% below the last sale price of $440,000.
When was 8701 131st St built?
8701 131st St was built in 1953.
How does 8701 131st St compare to others on 131st St?
We track 8 other properties on 131st St. Browse the list under "Other properties on 131st St" to compare beds, baths, and sale history.
What are the property facts for 8701 131st St?
8701 131st St is a 4 bed, 3 bath, 2,518 sqft, 34,848 sqft lot single_family.
Is 8701 131st St a flip candidate?
No — 8701 131st St does not appear in our flips dataset.
Is 8701 131st St a tax-appeal candidate?
No — 8701 131st St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$591.7K
2026 Q4
$599.4K
ZIP 60464 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 131st St