9801 Somerset Ln
Palos Park, IL 60464
4 bd 3 ba 2,594 sqft Built 1979 Lot 42,471 sqft single_family
Most recent sale
$525,000
Apr 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 13, 2022 | Sold | $525,000 | MLS #11273139 |
| Dec 1, 2021 | Listed | $525,000 | MLS #11273139 |
| May 16, 1979 | Sold | $108,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $40,203 | $13,796 | $53,999 | $13,254 |
| 2022 | $26,054 | $11,673 | $37,727 | $9,295 |
| 2021 | $26,054 | $11,673 | $37,727 | $7,839 |
| 2020 | $26,054 | $11,673 | $37,727 | $7,038 |
| 2019 | $35,979 | $10,612 | $46,591 | $7,724 |
| 2018 | $35,979 | $10,612 | $46,591 | $7,509 |
| 2017 | $35,979 | $10,612 | $46,591 | $7,155 |
| 2016 | $30,615 | $8,490 | $39,105 | $9,281 |
| 2015 | $30,615 | $8,490 | $39,105 | $9,121 |
| 2014 | $30,615 | $8,490 | $39,105 | $9,040 |
| 2013 | $33,359 | $8,490 | $41,849 | $9,110 |
| 2012 | $35,346 | $8,490 | $43,836 | $9,317 |
| 2011 | $35,346 | $8,490 | $43,836 | $8,764 |
| 2010 | $37,683 | $8,490 | $46,173 | $7,201 |
| 2009 | $37,683 | $8,490 | $46,173 | $7,037 |
| 2008 | $35,019 | $13,584 | $48,603 | $6,695 |
| 2007 | $32,827 | $15,281 | $48,108 | $7,018 |
| 2006 | $32,827 | $15,281 | $48,108 | $7,203 |
Property facts
Year built
1979
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,594 sqft
Lot size
42,471 sqft
ZIP code
60464
City
Palos Park
Street
Somerset Ln
Coordinates
41.66186, -87.85985
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,669
Gross rental yield
10.67%
Implied cap rate
6.94%
Trend-extrapolated value
—
Frequently asked questions
When did 9801 Somerset Ln last sell?
9801 Somerset Ln most recently sold on Apr 13, 2022 for $525,000.
What is the current tax assessment for 9801 Somerset Ln?
The most recent total assessment for 9801 Somerset Ln (year 2023) is $53,999 with $13,254 in property tax.
How does 9801 Somerset Ln's assessment compare to its last sale price?
The current assessment is 89.7% below the last sale price of $525,000.
When was 9801 Somerset Ln built?
9801 Somerset Ln was built in 1979.
How does 9801 Somerset Ln compare to others on Somerset Ln?
We track 1 other property on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 9801 Somerset Ln?
9801 Somerset Ln is a 4 bed, 3 bath, 2,594 sqft, 42,471 sqft lot single_family.
Is 9801 Somerset Ln a flip candidate?
No — 9801 Somerset Ln does not appear in our flips dataset.
Is 9801 Somerset Ln a tax-appeal candidate?
No — 9801 Somerset Ln 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 Somerset Ln