514 E Palmer Ave, Addison, IL 60101
OFF MARKET

514 E Palmer Ave
Addison, IL 60101

  • Studio
  • 1 Bath
  • 1,062 sqft

$295,800

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $2,064/mo*
Refinance Your Home

$295,800

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $2,064/mo*
Refinance Your Home
Studio
1 Bath
1,062 sqft

Home Value

Trulia Estimate
$296K
Since last month
Decreased$19K (-6.1%)
Since last year
Decreased$7K (-2.2%)
Since last sale
Increased$198K (+203.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +56% in the last 10 years
MonthEstimated value
2026
August 2026$296K
July 2026$314K
June 2026$315K
May 2026$309K
April 2026$302K
March 2026$279K
February 2026$285K
January 2026$283K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
317 S Michigan Ave, Addison, IL
0.41
Single-Family Home
$315,000
10/03/25
3
1
1,062
237 E Normandy Dr, Addison, IL
0.39
Single-Family Home
$285,000
06/01/26
3
1
1,462
431 S Ardmore Ter, Addison, IL
0.27
Single-Family Home
$340,000
03/18/26
3
2
1,268
325 S Wisconsin Ave, Addison, IL
0.48
Single-Family Home
$310,000
09/23/25
3
1
908
901 E Babcock Ave, Addison, IL
0.43
Single-Family Home
$230,000
11/20/25
2
1.5
1,060
112 S Iowa Ave, Addison, IL
0.61
Single-Family Home
$250,000
11/20/25
4
2
1,062
445 S Yale Ave, Addison, IL
0.36
Single-Family Home
$349,000
10/24/25
3
2
1,140
920 E Crockett Ave, Addison, IL
0.61
Single-Family Home
$360,000
04/28/26
3
1
1,032
336 S Yale Ave, Addison, IL
0.33
Single-Family Home
$376,000
09/22/25
4
2
1,470
305 E Normandy Dr, Addison, IL
0.31
Single-Family Home
$338,000
01/09/26
4
1.5
1,667

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
240 S Villa Ave, Addison, IL 60101
0.02
$321,500
3
1
1,150
Off Market
233 S Congress St, Addison, IL 60101
0.06
$354,300
3
1
1,062
Off Market
246 S Congress St, Addison, IL 60101
0.07
$391,400
3
2
1,062
Off Market
433 E Palmer Ave, Addison, IL 60101
0.09
$336,700
3
1
1,062
Off Market
424 E Drake Ave, Addison, IL 60101
0.11
$352,100
3
2
1,062
Off Market
213 S Congress St, Addison, IL 60101
0.12
$348,200
3
1
1,062
Off Market
445 E Fullerton Ave, Addison, IL 60101
0.15
$485,000
3
2.5
1,364
Recently Sold
415 S Cherry Hill Ct, Addison, IL 60101
0.19
$417,500
5
2
2,229
Off Market
422 Hilton Ave, Addison, IL 60101
0.17
$370,800
3
2
1,050
Off Market
2N760 Beverly Ave, Addison, IL 60101
0.19
$258,400
2
1
680
Off Market
128 S Villa Ave, Addison, IL 60101
0.19
$435,000
3
2
1,665
Recently Sold
422 Beverly Ave, Addison, IL 60101
0.20
$436,400
4
2
1,638
Off Market

Local Information

  • Map ViewExplore the area around 514 E Palmer Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1956
Living Area
1,062 sqft
Price/Sqft
$279

About this House

This single-family home is located at 514 E Palmer Ave, Addison, IL. 514 E Palmer Ave is in Addison, IL and in ZIP code 60101. This property has 1 bathroom and approximately 1,062 sqft of floor space. This property has a lot size of 8276 sqft and was built in 1956.
514 E Palmer Ave, Addison, IL 60101 is a studio, 1 bathroom, 1,062 sqft single-family home built in 1956. It last sold for $97,500 on Jun 25, 1991. It is currently off market. The Trulia Estimate is $295,800, with a rent estimate of $2,364/month.

Home Details for 514 E Palmer Ave

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
Jun 25, 1991
Source: N/A
Sold
$97,500

Market trends in Addison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$402K
$8.33KMoM
Sale-to-List Price
100.6%
0.2%MoM
Price per sq ft
$239
$6MoM
Available listings
71
7MoM
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Around this home

What Locals Say about Addison

At least 248 Trulia users voted on each feature.

  • 84 % Say it's dog friendly

  • 83 % Say there are sidewalks

  • 79 % Say car is needed

  • 75 % Say parking is easy

  • 70 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 68 % Say kids play outside

  • 63 % Say streets are well-lit

  • 61 % Say there's wildlife

  • 60 % Say it's quiet

  • 57 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say it's walkable to grocery stores

  • 50 % Say it's walkable to restaurants

  • 45 % Say neighbors are friendly

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Gailygurl5949
    "Summer concert series"
    0
    Flag
  • Jfverdi
    "Great neighborhood, one way in and one way out, privacy abound. Downfall is no nearby parks or pools and you can’t really walk to grocery stores if you need to, too far, about 1 mile away to closest one. Nice neighborhood restaurants and bars, kid friendly. Great H.S. Easy access to expressways and O’hare. "
    0
    Flag
  • Crystal Ortiz
    "Keep your kids safe always watch your surroundings something here and there so happen but that’s in a blue moon "
    0
    Flag
  • Mg7rpzw77h
    " This is one of a few places that I have seen children outside playing under watchful eyes of parents on several porches. It’s heartwarming to see kids playing outside and feeling safe. "
    0
    Flag
  • Erika R.
    "You could always see owners walking their dogs here, and they are also very good about picking up after them "
    2
    Flag
  • Francisco B.
    "Just visiting. The town seems really friendly. There are a lot of upscale housing in the area. I would say, not a bad place to live."
    1
    Flag
  • Janette C.
    "Great environment and great schools!! Never felt unsafe living here. Great suburb to live n have kids "
    0
    Flag
  • Kime
    "careing neighborhood on every street and good place to walk your dog everyone speaks ad wwwwwwyyyyyy"
    1
    Flag
  • Jeffsnider10
    "The neighborhood is friendly and safe. I have not heard of any crimes in our area for the past 6 years since we moved to this area. In the warmer months we walk our dog to the park several times a week if not daily, everyone is friendly."
    1
    Flag
  • Mmike4874
    "Not far from work easy 20 minute drive of course traffic makes a difference but close to home and yet still close to work "
    0
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  • Paige H.
    "I dont personally like living in addison but I guess its nice because it's close to stores. "
    0
    Flag
  • P. J.
    "There are several schools in the area. The way they determine what school your child attends needs improvement. "
    0
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  • Travis T.
    "Safe neighborhood to walk your dog in but way too many Skunks in the summer! My dog got sprayed 7 times in the 2 years I lived here. City doesn’t do anything about them. "
    1
    Flag
  • Pinedasyl
    "Close enough to walk to parks, schools, and stores. Close to bus stop, police station, and library. "
    1
    Flag
  • Kime
    "neighbors speaks all the time. neighbors look out for each other houses and cars no one try to steal your car "
    0
    Flag
  • Joshua G.
    "Very busy, very populated town. Some unsafe areas, some very nice areas. Depends where you live. Lake st, is also very busy all the time."
    0
    Flag
  • Chelsea T.
    "I've lived here for 5 years. It feels safe and welcoming. There are a lot of families with children and the park is always busy."
    0
    Flag
  • G.saab00012
    "I love my town. I've been living here from last 2 years and I feel totally safe here. It I will recommend this area to all peoples."
    0
    Flag
  • Jfverdi
    "We have Rock n Wheels every Thursday night at Village Center. Features live bands, food and beverage stands or you can bring your own. Great gathering event."
    0
    Flag
  • Tinamodela
    "Very isolated, people don’t really talk to each other. It used to be a lot more friendly, but not now. "
    0
    Flag
  • Trulia User
    "Friendly quiet town just west of the city. In summer lots of activities to do. Great restaurants and bars down lake. A great place to raise a family."
    0
    Flag
  • Aaliyah
    "By car, Lyft, Uber. I’ve seen a bus go passed but I have never taken it before. Or I choose to walk or ride a bike."
    0
    Flag
  • Shivendra B.
    "they love walking dogs and is really safe for dog and it is awesome to see people walking dogs. I'm about to move and I will miss people walking dogs. It is an good community "
    0
    Flag
  • Vinpomp35
    "there are plenty of dog walkers, lots of grass on both sides of sidewalk, and a couple parks and forest preserves close by. "
    0
    Flag
  • Erica S.
    "the park by my complex gets flooded when it rains a lot so sometimes you can't walk over there, it gets so bad it floods half of the parking lot "
    0
    Flag
  • Prisila C.
    "Summer Thursday nights Rockn wheels. never gone but looks fun. No other community events that I know of. wood Dale and Itasca near by. "
    0
    Flag
  • Laura E.
    "I've lived in this neighborhood for 3 years and have loved it. it's peaceful, well kept, and citizen oriented. I am sad to be leaving the area but work calls for it. "
    0
    Flag
  • Darlandra W.
    "The park, i ut allows the kids a supervised place to hangout. The have a place for little kids as well as big kids."
    1
    Flag
  • Stulo603
    "We have lived here for about 7 months. It’s a quiet neighborhood, the people are nice and friendly. Stores are close buy and great restaurants. "
    0
    Flag

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Apartments for Rent

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Homes for sale near 514 E Palmer Ave

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Off Market Homes Near 514 E Palmer Ave

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Frequently asked questions about 514 E Palmer Ave

  • What is 514 E Palmer Ave estimated to be worth?
    Trulia's estimated value for 514 E Palmer Ave in Addison, IL is $295,800.
  • What is the price history for 514 E Palmer Ave?
    514 E Palmer Ave in Addison, IL last sold for $97,500 in June 1991.
  • Is Addison a buyer's or seller's market?
    Addison is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Addison?
    The median sale price in Addison is $402K. That is up $8.33K from the prior month.
  • How big is the lot at 514 E Palmer Ave?
    The lot at 514 E Palmer Ave in Addison, IL is about 0.19 acres (8,276 sq ft).