Cook County Value

7302 40th St Lyons, IL 60534

3 bed / 1 bath, 1,464 sqft, built 1898, in Lyons. Assessor market value for 2026: $290,000.

Cook County account 18012030360000

Assessor market value
$290,000
Tax year 2026 · before exemptions; the assessed value on your notice is 10% of it
Living area
1,464 sqft
$198 per sqft
Year built
1898
Average quality

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 60534 and Lyons assessment pages.

Local guide: Lyons Township 2026 Property Tax Appeal Guide.

Appeal deadlines

For Lyons, appeals to the Assessor closed . Board of Review dates for Lyons have not been published yet.

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 45.5% from $199,310 in 2025 to $290,000 in 2026.
  • Assessor market value per square footThe current public record shows about $198 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Lyons neighborhood and ZIP 60534.
  • Neighborhood value signalAmong 2,705 residential records in the same neighborhood, the average assessor market value is about $194 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +17.4% on average.

Comparable assessments

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

  • 4112 Prescott Ave Lyons, IL 60534
    1,473 sqft | $170/sqft | built 1903 | Similar size (1,473 vs 1,464 sqft); Similar age (1903 vs 1898); Similar lot size (3,475 vs 3,600 sqft)
    $250,000
  • 4226 Gage Ave Lyons, IL 60534
    1,488 sqft | $188/sqft | built 1892 | Similar size (1,488 vs 1,464 sqft); Similar lot size (3,955 vs 3,600 sqft); Same quality (Average)
    $280,000
  • 4204 Amelia Ave Lyons, IL 60534
    1,272 sqft | $207/sqft | built 1903 | 13% smaller (1,272 vs 1,464 sqft); Similar age (1903 vs 1898); Similar lot size (3,475 vs 3,600 sqft)
    $263,720
  • 8010 45th St Lyons, IL 60534
    1,375 sqft | $138/sqft | built 1908 | 6% smaller (1,375 vs 1,464 sqft); Lot 13% smaller (3,125 vs 3,600 sqft); Same quality (Average)
    $190,000
  • 4138 Prescott Ave Lyons, IL 60534
    1,280 sqft | $180/sqft | built 1910 | 13% smaller (1,280 vs 1,464 sqft); Similar lot size (3,475 vs 3,600 sqft); Same quality (Average)
    $230,000

Recent comparable sales

No usable comparable sales are available in this data snapshot.

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 45.5% in 2026 from 2025.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2026$290,000+$90,690+45.5%
2025$199,310$00.0%
2024$199,310−$39,220−16.4%
2023$238,530+$93,580+64.6%
2022$144,950$00.0%
2021$144,950$00.0%
2020$144,950——
6-year total+$145,050+100.1%