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12741 87th Ave

Palos Park, IL 60464

5 bd 8 ba 6,700 sqft Built 1988 Lot 57,586 sqft single_family
Most recent sale
$1,160,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $1,160,000 MLS #11466603
Jul 16, 2022 Listed $1,195,000 MLS #11466603
Jul 16, 2022 Listing removed $1,245,000 MRED
May 16, 2022 Price changed $1,245,000 MLS #11385317
Apr 26, 2022 Listing removed $1,295,000 MRED
Apr 26, 2022 Listed $1,295,000 MLS #11385317
Mar 29, 2022 Listing removed $1,140,000 MRED
Dec 1, 2020 Listing removed $1,190,000 MRED
Sep 28, 2020 Listed $1,190,000 MLS #10884673
Oct 9, 2017 Listing removed $1,125,000 MRED
Aug 30, 2017 Price changed $1,125,000 MLS #09654087
Aug 28, 2017 Relisted $1,150,000 MLS #09654087
Aug 27, 2017 Listing removed $1,150,000 MRED
Jul 14, 2017 Price changed $1,150,000 MLS #09654087
Jun 9, 2017 Listed $1,199,000 MLS #09654087
Apr 28, 2017 Listing removed $1,179,000 MRED
Apr 10, 2017 Price changed $1,179,000 MLS #09482735
Mar 27, 2017 Price changed $1,189,000 MLS #09482735
Jan 21, 2017 Listed $1,199,000 MLS #09482735
Jan 1, 2017 Listing removed $1,199,000 MRED
Aug 16, 2016 Listed $1,199,000 MLS #09317190
Dec 23, 2015 Listing removed $1,199,000 MRED
Jul 14, 2015 Listed $1,199,000 MLS #08981489
Apr 30, 2015 Listing removed $1,299,000 MRED
Nov 29, 2014 Listed $1,299,000 MLS #08793874
Nov 21, 2014 Listing removed $1,299,000 MRED
Aug 21, 2014 Listed $1,299,000 MLS #08707994
Jan 2, 2014 Listing removed $1,299,000 MRED
Jul 4, 2013 Listed $1,299,000 MLS #08386063
Jul 1, 2013 Listing removed $1,299,000 MRED
Jan 30, 2013 Price changed $1,299,000 MLS #08232185
Dec 8, 2012 Listed $1,399,000 MLS #08232185
Dec 1, 2012 Listing removed $1,499,000 MRED
Jun 21, 2012 Listed $1,499,000 MLS #08093174
Sep 5, 2007 Listing removed $1,495,000 MRED
May 10, 2007 Listed $1,495,000 MLS #06509956

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $85,499 $18,715 $104,214 $23,108
2022 $31,924 $18,715 $50,639 $12,715
2021 $31,924 $18,715 $50,639 $11,832
2020 $31,924 $18,715 $50,639 $12,939
2019 $47,017 $17,275 $64,292 $14,421
2018 $47,017 $17,275 $64,292 $14,000
2017 $47,017 $17,275 $64,292 $13,610
2016 $39,819 $14,396 $54,215 $12,686
2015 $39,819 $14,396 $54,215 $12,494
2014 $45,719 $14,396 $60,115 $13,850
2013 $50,555 $14,396 $64,951 $14,097
2012 $50,555 $14,396 $64,951 $13,654
2011 $50,555 $14,396 $64,951 $12,736
2010 $58,506 $14,396 $72,902 $13,198
2009 $58,506 $14,396 $72,902 $13,771
2008 $60,766 $23,034 $83,800 $12,095
2007 $65,703 $11,517 $77,220 $12,110
2006 $65,703 $11,517 $77,220 $12,086

Property facts

Year built
1988
Property type
single_family
Stories
3
Beds
5
Baths
8
Living area
6,700 sqft
Lot size
57,586 sqft
ZIP code
60464
City
Palos Park
Street
87th Ave
Coordinates
41.65832, -87.83177

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,060
Gross rental yield
12.48%
Implied cap rate
8.11%
Trend-extrapolated value

Frequently asked questions

When did 12741 87th Ave last sell?
12741 87th Ave most recently sold on Sep 30, 2022 for $1,160,000.
What is the current tax assessment for 12741 87th Ave?
The most recent total assessment for 12741 87th Ave (year 2023) is $104,214 with $23,108 in property tax.
How does 12741 87th Ave's assessment compare to its last sale price?
The current assessment is 91.0% below the last sale price of $1,160,000.
When was 12741 87th Ave built?
12741 87th Ave was built in 1988.
How does 12741 87th Ave compare to others on 87th Ave?
We track 1 other property on 87th Ave. Browse the list under "Other properties on 87th Ave" to compare beds, baths, and sale history.
What are the property facts for 12741 87th Ave?
12741 87th Ave is a 5 bed, 8 bath, 6,700 sqft, 57,586 sqft lot single_family.
Is 12741 87th Ave a flip candidate?
No — 12741 87th Ave does not appear in our flips dataset.
Is 12741 87th Ave a tax-appeal candidate?
No — 12741 87th Ave 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
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$591.7K
2026 Q4
$599.4K
ZIP 60464 — Median Price History + Forecast

Explore nearby

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