Cook County Value

7341 W 58th St Summit, IL 60501

3 bed / 1 bath, 1,431 sqft, built 1928, in Lyons. Assessor market value for 2026: $280,000.

Cook County account 18132250040000

In line with similar homes

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

Assessor market value$280,000
Similar homes$285,226
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
$280,000
Tax year 2026 · before exemptions; the assessed value on your notice is 10% of it
Living area
1,431 sqft
$196 per sqft
Year built
1928
Average quality

What we found

Similar homes' assessments

Weak

5 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $191.88/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 $61,130. Counting your land in place of theirs where theirs is less, they support a value of $285,226.

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 60501 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 21.7% from $230,000 in 2025 to $280,000 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 Lyons neighborhood and ZIP 60501.
  • Neighborhood value signalAmong 2,493 residential records in the same neighborhood, the average assessor market value is about $188 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +18.9% on average.

Comparable assessments

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

  • 7309 W 61st St Summit, IL 60501
    1,508 sqft | $166/sqft | built 1927 | 5% larger (1,508 vs 1,431 sqft); Similar age (1927 vs 1928); Similar lot size (7,500 vs 7,192 sqft)
    $250,000
  • 7225 W 57th Pl Summit, IL 60501
    1,379 sqft | $203/sqft | built 1930 | Similar size (1,379 vs 1,431 sqft); Similar age (1930 vs 1928); Lot 13% smaller (6,250 vs 7,192 sqft)
    $280,010
  • 7326 W 57th Pl Summit, IL 60501
    1,408 sqft | $199/sqft | built 1920 | Similar size (1,408 vs 1,431 sqft); Lot 13% smaller (6,250 vs 7,192 sqft); Same quality (Average)
    $280,010
  • 6151 S 75th Ave Summit, IL 60501
    1,355 sqft | $192/sqft | built 1928 | 5% smaller (1,355 vs 1,431 sqft); Built same year (1928); Same quality (Average)
    $260,000
  • 5333 S 74th Ave Summit, IL 60501
    1,421 sqft | $211/sqft | built 1924 | Similar size (1,421 vs 1,431 sqft); Similar age (1924 vs 1928); Same quality (Average)
    $300,000

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 21.7% in 2026 from 2025.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2026$280,000+$50,000+21.7%
2025$230,000$00.0%
2024$230,000$00.0%
2023$230,000+$78,080+51.4%
2022$151,920$00.0%
2021$151,920+$100.0%
2020$151,910——
6-year total+$128,090+84.3%