Cook County Value

7940 Deerwood Dr Palos Park, IL 60464

5 bed / 2 bath, 2,257 sqft, built 1970, in Palos. Assessor market value for 2026: $510,000.

Cook County account 23361030120000

Assessor market value
$510,000
Tax year 2026 · before exemptions; the assessed value on your notice is 10% of it
Living area
2,257 sqft
$226 per sqft
Year built
1970
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 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 18.6% from $430,000 in 2025 to $510,000 in 2026.
  • Assessor market value per square footThe current public record shows about $226 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.

  • 8217 126th St Palos Park, IL 60464
    2,227 sqft | $216/sqft | built 1974 | Similar size (2,227 vs 2,257 sqft); Similar age (1974 vs 1970); Similar lot size (23,374 vs 21,400 sqft)
    $480,000
  • 12730 Farmhill Ln Palos Park, IL 60464
    2,175 sqft | $230/sqft | built 1964 | Similar size (2,175 vs 2,257 sqft); Similar lot size (20,862 vs 21,400 sqft); Same quality (Average)
    $500,000
  • 12700 S Farmhill Ln Palos Park, IL 60464
    2,253 sqft | $244/sqft | built 1956 | Similar size (2,253 vs 2,257 sqft); Similar lot size (21,204 vs 21,400 sqft); Same quality (Average)
    $550,000
  • 11926 Timber Ln Palos Park, IL 60464
    2,306 sqft | $217/sqft | built 1972 | Similar size (2,306 vs 2,257 sqft); Similar age (1972 vs 1970); Similar lot size (20,000 vs 21,400 sqft)
    $500,000
  • 12745 80th Ave Palos Park, IL 60464
    2,277 sqft | $237/sqft | built 1961 | Similar size (2,277 vs 2,257 sqft); Similar lot size (20,000 vs 21,400 sqft); Same quality (Average)
    $540,000

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 | 9% 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 18.6% in 2026 from 2025.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2026$510,000+$80,000+18.6%
2025$430,000$00.0%
2024$430,000$00.0%
2023$430,000+$165,670+62.7%
2022$264,330$00.0%
2021$264,330−$21,570−7.5%
2020$285,900——
6-year total+$224,100+78.4%