Cook County Value

7042 S Carpenter St, Chicago, IL 60621

4 bed / 2 bath, 2,190 sqft, built 1906, in Lake. Assessor market value for 2025: $150,010.

Cook County account 20204260360000

Possibly too high

about $11,000

8 similar homes nearby point to a value about $11,000 lower than yours.

Assessor market value$150,010
Similar homes$138,824
$11,186 gap · bars start at $0

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

Assessor market value
$150,010
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
2,190 sqft
$68 per sqft
Year built
1906
Average quality

Why we think so

Similar homes' assessments

Moderate

7 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $63.35/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 $9,380. Counting your land in place of theirs where theirs is less, they support a value of $138,824.

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 60621 and Lake assessment pages.

Appeal deadlines

For Lake, appeals to the Assessor are open through (10 days left).

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 stayed about the same, from $150,010 in 2024 to $150,010 in 2025.
  • Assessor market value per square footThe current public record shows about $68 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Lake neighborhood and ZIP 60621.
  • Neighborhood value signalAmong 1,674 residential records in the same neighborhood, the average assessor market value is about $55 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values stayed about flat on average.

Comparable assessments

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

  • 6807 S Carpenter St, Chicago, IL 60621
    2,172 sqft | $64/sqft | built 1906 | Similar size (2,172 vs 2,190 sqft); Built same year (1906); Similar lot size (3,125 vs 3,125 sqft)
    $140,010
  • 6721 S Laflin St 2, Chicago, IL 60636
    2,210 sqft | $63/sqft | built 1906 | Similar size (2,210 vs 2,190 sqft); Built same year (1906); Similar lot size (3,125 vs 3,125 sqft)
    $140,010
  • 6849 S Green St, Chicago, IL 60621
    2,188 sqft | $55/sqft | built 1903 | Similar size (2,188 vs 2,190 sqft); Similar age (1903 vs 1906); Similar lot size (3,125 vs 3,125 sqft)
    $120,010
  • 6954 S Bishop St, Chicago, IL 60636
    2,190 sqft | $68/sqft | built 1906 | Similar size (2,190 vs 2,190 sqft); Built same year (1906); Similar lot size (3,125 vs 3,125 sqft)
    $150,010
  • 7022 S Laflin St, Chicago, IL 60636
    2,166 sqft | $51/sqft | built 1908 | Similar size (2,166 vs 2,190 sqft); Similar age (1908 vs 1906); Similar lot size (3,125 vs 3,125 sqft)
    $110,010

Recent comparable sales

No usable comparable sales are available in this data snapshot.

Public appraisal comparison for 2025. 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

No change in 2025 from 2024.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2025$150,010$00.0%
2024$150,010+$50,010+50.0%
2023$100,000$00.0%
2022$100,000$00.0%
2021$100,000+$44,700+80.8%
2020$55,300——
5-year total+$94,710+171.3%