Cook County Value

12720 S 81st Ct Palos Park, IL 60464

5 bed / 2 bath, 2,751 sqft, built 1967, in Palos. Assessor market value for 2026: $540,000.

Cook County account 23352040110000

In line with similar homes

8 similar homes nearby support a value at or above your county value.

Assessor market value$540,000
Similar homes$574,848
No gap: similar homes are at or above the county value · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Assessor market value
$540,000
Tax year 2026 · before exemptions; the assessed value on your notice is 10% of it
Living area
2,751 sqft
$196 per sqft
Year built
1967
Average quality

What we found

Similar homes' assessments

Weak

0 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $204.61/sqft, but land is valued apart from the home, and some of them have less land value per square foot of home than yours, which counts as $161,110. Counting your land in place of theirs where theirs is less, they support a value of $574,848.

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 60464 and Palos assessment pages.

Local guide: Palos Township 2026 Property Tax Appeal Guide.

Appeal deadlines

The 2026 appeal windows for Palos have closed (Assessor , Board of Review ). 2027 notices usually start in March.

Deadline rule: Set by township: file with the Assessor by your township's last file date, and with the Board of Review while your township is open there. Evidence is reviewed by the Cook County Assessor's Office or, in a separate appeal, by the Cook County Board of Review. Dates checked against the official source.

Assessment snapshot

These public CCAO records highlight what may be worth checking before you file.

  • Assessment changeThe assessor market value increased 20.0% from $450,010 in 2025 to $540,000 in 2026.
  • Assessor market value per square footThe current public record shows about $196 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Palos neighborhood and ZIP 60464.
  • Neighborhood value signalAmong 1,213 residential records in the same neighborhood, the average assessor market value is about $212 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +23.4% on average.

Comparable assessments

Showing 5 of the 8 similar homes in this property's equity comparison, from public appraisal records.

  • 24 N Woodland Trl Palos Park, IL 60464
    2,706 sqft | $203/sqft | built 1979 | Similar size (2,706 vs 2,751 sqft); Similar lot size (25,898 vs 26,852 sqft); Same quality (Average)
    $550,000
  • 11839 S 86th Ave Palos Park, IL 60464
    2,688 sqft | $205/sqft | built 1956 | Similar size (2,688 vs 2,751 sqft); Similar lot size (25,800 vs 26,852 sqft); Same quality (Average)
    $550,000
  • 12311 S 81st Ave Palos Park, IL 60464
    2,511 sqft | $219/sqft | built 1972 | 9% smaller (2,511 vs 2,751 sqft); Similar age (1972 vs 1967); Similar lot size (26,066 vs 26,852 sqft)
    $550,000
  • 12801 S 83rd Ct Palos Park, IL 60464
    2,680 sqft | $209/sqft | built 1964 | Similar size (2,680 vs 2,751 sqft); Similar age (1964 vs 1967); Lot 16% larger (31,232 vs 26,852 sqft)
    $560,000
  • 12801 80th Ave Palos Park, IL 60464
    2,899 sqft | $200/sqft | built 1966 | 5% larger (2,899 vs 2,751 sqft); Similar age (1966 vs 1967); Lot 14% smaller (23,073 vs 26,852 sqft)
    $580,000

Recent comparable sales

Sales selected by similarity to the subject property.

  • 12511 S Roma Rd Palos Park, IL 60464
    2,457 sqft | $273/sqft | built 1955 | 11% size difference (2,457 sqft); Within 1 bedroom (4 vs 5)
    $670,000

Public appraisal comparison for 2026. Prepared . Appraisal source: Cook County Assessor's Office. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Up 20.0% in 2026 from 2025.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2026$540,000+$89,990+20.0%
2025$450,010$00.0%
2024$450,010−$50,000−10.0%
2023$500,010+$148,920+42.4%
2022$351,090−$56,870−13.9%
2021$407,960+$200.0%
2020$407,940——
6-year total+$132,060+32.4%