Cook County Value

8650 Penny Ln Palos Park, IL 60464

4 bed / 3 bath, 3,776 sqft, built 2003, in Palos Assessor market value for 2026: $860,000.

Cook County account 23351050350000

Assessor market value
$860,000
Tax year 2026 · before exemptions; the assessed value on your notice is 10% of it
Living area
3,776 sqft
$228 per sqft
Year built
2003
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 37.6% from $624,890 in 2025 to $860,000 in 2026.
  • Assessor market value per square footThe current public record shows about $228 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.

  • 12608 S 82nd Ave Palos Park, IL 60464
    3,734 sqft | $209/sqft | built 1998 | Similar size (3,734 vs 3,776 sqft); Similar age (1998 vs 2003); Similar lot size (29,800 vs 30,962 sqft)
    $780,000
  • 12518 80th Ave Palos Park, IL 60464
    3,910 sqft | $207/sqft | built 1988 | Similar size (3,910 vs 3,776 sqft); Similar lot size (29,665 vs 30,962 sqft); Same quality (Average)
    $810,000
  • 11917 Laurie Ave Palos Park, IL 60464
    3,814 sqft | $197/sqft | built 1991 | Similar size (3,814 vs 3,776 sqft); Similar lot size (29,436 vs 30,962 sqft); Same quality (Average)
    $750,000
  • 13016 S 85th Ave Palos Park, IL 60464
    3,591 sqft | $239/sqft | built 2000 | Similar size (3,591 vs 3,776 sqft); Similar age (2000 vs 2003); Lot 16% smaller (26,118 vs 30,962 sqft)
    $860,000
  • 11735 S 86th Ave Palos Park, IL 60464
    4,042 sqft | $320/sqft | built 2016 | 7% larger (4,042 vs 3,776 sqft); Similar lot size (30,818 vs 30,962 sqft); Same quality (Average)
    $1,295,000

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 37.6% in 2026 from 2025.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2026$860,000+$235,110+37.6%
2025$624,890$00.0%
2024$624,890$00.0%
2023$624,890+$207,830+49.8%
2022$417,060−$52,150−11.1%
2021$469,210+$100.0%
2020$469,200——
6-year total+$390,800+83.3%