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$420,490

Listing Price

3beds

1.5baths

1,524sqft

14,670sqft lot

7040 W 131st St, Palos Heights, IL 60463

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

275.91

Price / sqft

1961

Year built

Home Details

Don't miss your chance to snag this stunning & rarely available 3 bd / 3 bth OVERSIZED split level home in charming Palos Heights. You can literally MOVE RIGHT IN to this low-maintenance, well maintained beauty. With hardwood flooring throughout the living room, dining room & lower level, natural light pouring in from every angle, gorgeous brick woodburing fireplace w/ gas start, & that open concept feel, this home is sure to impress! Notable updates include: Garage Door (2025), microwave & ceiling fans (2025), Roof,Gutters/ Gutter Guards, screen door & sidelites & SS Dishwasher (2024), Furnace (2017), as well as Newer SMART home features (thermostat & garage opener system). Enjoy your huge corner lot with plenty of space to play & entertain around the large private concrete patio. Perfectly located with serene views of the forest preserve out your front window, with access right down the street to walking/biking path leading you to Arrowhead lake. Also just down the road from downtown Palos Heights featuring many amazing & beloved local favs such as Franklin's Public House, Harvest Room, Johnny's Rooftop, Pass Health foods & so much more! Easy access to major expressways & the Metra too. Hurry in today!

Interior Details

Square Feet
  • 1524

Bedrooms
  • 3

Bathrooms
  • 1.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 14670

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Split Level

Exterior
  • Brick/stone (brick And/or Stone)

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2018

$7,473

$7,335

$19,929

--%

$27,264

2017

$7,486

$7,335

$19,929

--%

$27,264

2016

$6,186

$6,234

$15,091

--%

$21,325

2015

$6,016

$6,234

$15,091

--%

$21,325

2014

$5,858

$6,234

$15,091

--%

$21,325

2012

$5,712

$6,234

$16,601

--%

$22,835

2011

$5,470

$6,234

$16,601

--%

$22,835

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Average Home Price in 60463

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$356,676

3 Beds

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Sold 09/14/2026

$344,731

3 Beds

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1,396 Sqft

11,200 Lot (sqft)

Sold 09/11/2026

$460,121

4 Beds

2.5 Baths

1,693 Sqft

12,450 Lot (sqft)

Sold 09/01/2026

$370,311

3 Beds

1.5 Baths

1,391 Sqft

15,485 Lot (sqft)

Sold 06/22/2026

$357,031

4 Beds

2.5 Baths

1,438 Sqft

12,480 Lot (sqft)

Sold 04/29/2026

$389,900

3 Beds

2 Baths

1,325 Sqft

10,640 Lot (sqft)

Sold 09/29/2026

$319,900

3 Beds

1 Baths

1,379 Sqft

10,152 Lot (sqft)

Sold 09/29/2026

$560,843

3 Beds

2.5 Baths

1,638 Sqft

14,957 Lot (sqft)

Sold 10/05/2026

$375,436

4 Beds

2.5 Baths

1,590 Sqft

12,243 Lot (sqft)

Sold 10/05/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
420,490
$
Down payment
84,098
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,522.94
$
HOA (Monthly)
0
$
PMI
0
$
$2,722
Your Payment
Total Monthly Payment:$2,722
Percent of Income:47%
Affordable:No

Details for 7040 W 131ST ST

Property Debt

Foreclosure Contact Details