Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$1,081,394
+15.3%
Since Jul 2024
Range: $756,975-$1,405,812
Evaluated June 18, 2025
1 Year
5 Years
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Property Facts
50 Elizabeth Ln, Palos Park, IL is a single family home that contains 6,209 Sq. Ft. and was built in 2001. It contains 4 bedrooms and 3.5 bathrooms. This home last sold for $320,000 on 3/14/2003.
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County:COOK
-
Year Built:2001
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Living Area:6,209 Sq. Ft.
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Lot Size:52,141 Sq. Ft.
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Zone:-
-
Parcel:23-29-302-054
-
Bedrooms:4
-
Bathrooms:3.5
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Owner:DAN NAUGHTON
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Property History
Price History
Date
Event
Price
Source
3/14/2003
Sold
$320,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2023
$23,564 (+9.65%)
$95,999 (+34.44%)
2022
$21,490 (+7.85%)
$71,404 (0%)
2021
$19,926 (+3.76%)
$71,404 (0%)
2020
$19,204 (-4.97%)
$71,404 (-7.84%)
2019
$20,209 (+3.04%)
$77,478 (0%)
2018
$19,612 (+3.11%)
$77,478 (0%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
50 Elizabeth Ln
Palos Park, IL 60464
This Property
-
4 Bed
3 Bath
6,209 Sq. Ft.
2001 Year Built
1
10848 Crystal Ridge Court
Orland Park, IL 60467
$1,110,000
5 Bed
6 Bath
6,504 Sq. Ft.
1994 Year Built
2
4 Partridge Lane
Palos Park, IL 60464
$995,000
5 Bed
7 Bath
6,250 Sq. Ft.
1997 Year Built
3
12557 Rail Lane
Palos Park, IL 60464
$1,000,000
6 Bed
6 Bath
4,520 Sq. Ft.
1958 Year Built
4
5 Partridge Lane
Palos Park, IL 60464
$825,000
4 Bed
4 Bath
6,050 Sq. Ft.
1967 Year Built
5
12713 S Misty Harbour Lane
Palos Park, IL 60464
$999,000
6 Bed
7 Bath
5,577 Sq. Ft.
1998 Year Built
6
12705 S 104th Avenue
Palos Park, IL 60464
$270,000
3 Bed
1 Bath
0 Sq. Ft.
1900 Year Built
7
12400 S 88th Avenue
Palos Park, IL 60464
$1,350,000
6 Bed
4 Bath
4,567 Sq. Ft.
2000 Year Built
8
5 Horseshoe Lane
Lemont, IL 60439
$920,000
4 Bed
4 Bath
5,170 Sq. Ft.
1984 Year Built
9
9205 Montgomery Drive Unit 131
Orland Park, IL 60462
$255,000
2 Bed
2 Bath
0 Sq. Ft.
1987 Year Built
10
10924 Royal Oaks Lane
Orland Park, IL 60467
$940,000
4 Bed
5 Bath
0 Sq. Ft.
2003 Year Built
Sales in a non-disclosure state
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Market Trends
Palos Park
60464
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Jun 2024
$445,000
May 2025
$403,050
Change
-9.4%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
55 Days
May 2025
84 Days
Change
+52.7%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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2 Years
5 Years
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Area Statistics
People
ZIP (60464)
City (Palos Park)
Population
9,618
4,859
Population Density
1,231.8
766.7
People Per Household
2.6
2.5
Median Age
50.2
56.6
Median Household Income
$114,766
$122,676
Average Income
$56,828
$64,284
Economy
ZIP (60464)
City (Palos Park)
Unemployment
3.40%
3.40%
Recent Job Growth
1.09%
1.09%
Future Job Growth
46.66%
46.66%
Sales Tax
9.75%
9.75%
Income Tax
4.95%
4.95%
Cost of Living Index
134.4
134.7
Environment
ZIP (60464)
City (Palos Park)
Altitude
689
689
Rainfall (Inches Annually)
39.2
39.2
Snowfall (Inches Annually)
32.8
32.8
January Avg. Low Temp
16.6
16.6
July Avg. High Temp
84
84
Days of Precipitation Annually
123
123
Days Mostly Sunny Annually
189
192
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
PK-5
0.5 mi
6-8
3.3 mi
9-12
3.9 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
