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TownhouseResidential
$373,524$194 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

40 COMMONS DR

PALOS PARK, IL 60464
3
Beds
3 / 1
Baths
1,927 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2,740 ft²
Lot SizeThe size of the land the home sits on, from county records.
1990
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$374K
$346K low$401K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$280,634
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$224,507
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.27%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$92,890
BANK OF AMERICA · E · recorded Oct 22, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,653 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$29,001 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,028
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$27,973
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$28,999
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$290,010

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.47
36
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
14
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
71
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
75
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Townhouse
StyleThe architectural style of the home, such as ranch or colonial.Modern
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.06
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Palos East Elementary SchoolA
Elementary · Grades KG–5 · 0.7 mi
M
Palos South Middle SchoolA+
Middle · Grades 6–8 · 1.3 mi
H
Amos Alonzo Stagg High SchoolB
High · Grades 9–12 · 1.3 mi

District: Palos Community Consolidated School District 118

Neighborhood · ZIP 60464These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.66
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.9,182
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.760 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$110,550
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$146,648
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Commons Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 82% of homes in Palos Park 60464
  • Costs less per square foot than 81% of homes in Palos Park 60464
  • Bigger than 69% of homes in Cook County
  • Among the smallest lots in Palos Park 60464
  • Newer than 83% of homes in Cook County

What homes are worth in Palos Park 60464

Each bar is how many homes fall in that price range. The marker is this home.

This home
$261K$1.4M

This home is worth more than 18% of homes in Palos Park 60464.

How it measures up in Palos Park 60464

The dot is this home. The mark in the middle is the typical home in Palos Park 60464.

Estimated value$373,524
CheaperTypical $542,812Pricier

Pricier than 18% of homes nearby

Price per ft²$194
CheaperTypical $225Pricier

Pricier than 19% of homes nearby

Living area1,927 ft²
SmallerTypical 2,418 ft²Bigger

Bigger than 32% of homes nearby

Lot size2,740 ft²
SmallerTypical 0.55 acBigger

Smaller than almost all homes nearby

Year built1990
OlderTypical 1985Newer

Newer than 78% of homes nearby

How 40 Commons Dr ranks against every home in each area.
MeasureThis homePalos Park 60464Cook County
Estimated valuepricier than$373,52418% of homes57% of homes
Price per ft²pricier than$19419% of homes28% of homes
Living areabigger than1,927 ft²32% of homes69% of homes
Lot sizebigger than2,740 ft²almost no homes5% of homes
Year builtnewer than199078% of homes83% of homes

About 40 Commons Dr

How much is 40 Commons Dr, Palos Park, IL worth?

The TopHap Estimate for 40 Commons Dr, Palos Park, IL is $373,524 as of Jul 14, 2026. The likely range is $345,902 to $401,146. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 40 Commons Dr, Palos Park, IL?

40 Commons Dr, Palos Park, IL has 3 bedrooms, 3 bathrooms, 1,927 square feet of living space and a 0.06-acre lot.

When was 40 Commons Dr, Palos Park, IL built?

40 Commons Dr, Palos Park, IL was built in 1990, making it 36 years old. It is a modern home. The building has 2 stories.

What schools serve 40 Commons Dr, Palos Park, IL?

40 Commons Dr, Palos Park, IL is assigned to Palos East Elementary School (elementary), rated A; Palos South Middle School (middle), rated A+; Amos Alonzo Stagg High School (high), rated B. All sit in Palos Community Consolidated School District 118. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Commons Dr, Palos Park, IL compare to other homes in Palos Park 60464?

Among the 3,712 homes in Palos Park 60464, it is worth more than 18% of them ($373,524 against a typical $542,812), its price per square foot is higher than 19% of them ($194 against a typical $225), it is bigger than 32% of them (1,927 ft² against a typical 2,418 ft²), its lot is bigger than almost none of them (2,740 ft² against a typical 0.55 ac) and it is newer than 78% of them (1990 against a typical 1985). Measured against all of Cook County, it is worth more than 57% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Commons Dr, Palos Park, IL?

The 2023 property tax bill for 40 Commons Dr, Palos Park, IL was $5,653. The county assessed it at $29,001.

Closest homes

More homes in Palos Park 60464

Assigned schools

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