Cook County Value

8707 123rd St Palos Park, IL 60464

3 bed / 1 bath, 1,908 sqft, built 1950. Assessor market value for 2026: $550,000.

Cook County account 23263000150000

Assessor market value
$550,000
Tax year 2026 · before exemptions; the assessed value on your notice is 10% of it
Living area
1,908 sqft
$288 per sqft
Year built
1950
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 CCAO Appraisal Area 30071 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 27.9% from $430,000 in 2025 to $550,000 in 2026.
  • Assessor market value per square footThe current public record shows about $288 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for ZIP 60464.
  • Neighborhood value signalAmong 448 residential records in the same neighborhood, the average assessor market value is about $258 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +24.3% on average.

Comparable assessments

Similar public appraisal records selected for this property's equity comparison.

  • 11902 89th Ct Palos Park, IL 60464
    2,000 sqft | $265/sqft | built 1950 | Similar size (2,000 vs 1,908 sqft); Built same year (1950); Similar lot size (40,205 vs 39,200 sqft)
    $530,000
  • 8625 123rd St Palos Park, IL 60464
    1,872 sqft | $294/sqft | built 1948 | Similar size (1,872 vs 1,908 sqft); Similar age (1948 vs 1950); Similar lot size (39,200 vs 39,200 sqft)
    $550,000
  • 12302 Elm St Palos Park, IL 60464
    1,790 sqft | $268/sqft | built 1951 | 6% smaller (1,790 vs 1,908 sqft); Similar age (1951 vs 1950); Similar lot size (39,075 vs 39,200 sqft)
    $480,000
  • 9208 121st St Palos Park, IL 60464
    1,914 sqft | $287/sqft | built 1954 | Similar size (1,914 vs 1,908 sqft); Similar age (1954 vs 1950); Lot 14% larger (44,850 vs 39,200 sqft)
    $550,000
  • 9308 W 122nd St Palos Park, IL 60464
    1,868 sqft | $289/sqft | built 1951 | Similar size (1,868 vs 1,908 sqft); Similar age (1951 vs 1950); Lot 11% smaller (34,980 vs 39,200 sqft)
    $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 | Moderate age difference (5 years newer); Within 1 bedroom (4 vs 3)
    $670,000

Public appraisal comparison for 2026. Prepared . Appraisal source: Cook County Assessor's Office. Sales data checked in this snapshot: . Showing the last prepared sales evidence while recent sales are refreshed. Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Up 27.9% in 2026 from 2025.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2026$550,000+$120,000+27.9%
2025$430,000$00.0%
2024$430,000$00.0%
2023$430,000+$98,700+29.8%
2022$331,300$00.0%
2021$331,300$00.0%
2020$331,300——
6-year total+$218,700+66.0%