7540 W  Palatine Ave, Chicago, IL 60631
OFF MARKET

$234,400

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,035 sqft

7540 W Palatine Ave, Chicago, IL 60631

Norwood Park West
Est. Refi. Payment $1,674/mo*
Refinance Your Home

Home Value

Trulia Estimate
$234K
Since last month
Increased$11K (+5%)
Since last year
Increased$27K (+12.8%)
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 +50% in the last 10 years
MonthEstimated value
2026
August 2026$238K
July 2026$226K
June 2026$231K
May 2026$237K
April 2026$237K
March 2026$231K
February 2026$210K
January 2026$200K
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
0.23
Single-Family Home
$375,000
06/25/26
3
1
1,056
0.18
Single-Family Home
$490,000
04/29/26
3
1
1,147
0.15
Single-Family Home
$390,000
02/05/26
3
1.5
977
0.28
Single-Family Home
$440,000
06/30/26
3
2
990
0.16
Single-Family Home
$450,000
08/29/25
3
2
1,814
0.41
Single-Family Home
$499,900
06/26/26
3
1.5
1,040
0.32
Single-Family Home
$375,000
02/18/26
3
2
1,137
0.54
Single-Family Home
$420,000
07/13/26
2
1
951
0.35
Single-Family Home
$501,000
04/27/26
3
2
1,600
0.18
Single-Family Home
$385,000
09/30/25
3
2.5
1,364

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
0.05
$448,100
3
2
1,600
Off Market
0.04
-
4
2
2,400
Off Market
0.09
$456,700
4
1.5
-
Off Market
0.07
$1,341,200
5
4.5
5,376
Off Market
0.07
$772,700
5
2.5
3,000
Off Market
0.11
$400,000
2
1
1,346
Recently Sold
0.11
$390,400
2
2
900
Off Market
0.08
$452,900
2
1
1,400
Off Market
0.11
$409,900
2
1
1,017
Off Market
0.11
$319,500
2
1
1,046
Off Market
0.13
$739,000
4
3
-
Recently Sold
0.10
$426,600
3
2.5
2,200
Off Market

Local Information

  • Map ViewExplore the area around 7540 W Palatine Ave.
  • Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1958
Living Area
1,035 sqft
Price/Sqft
$226
Parking
Garage

About this House

This single-family home is located at 7540 W Palatine Ave, Chicago, IL. 7540 W Palatine Ave is in the Norwood Park West neighborhood in Chicago, IL and in ZIP code 60631. This property has 3 bedrooms, 1 bathroom and approximately 1,035 sqft of floor space. This property has a lot size of 1419 sqft and was built in 1958.
7540 W Palatine Ave, Chicago, IL 60631 is a 3 bedroom, 1 bathroom, 1,035 sqft single-family home in Norwood Park West, built in 1958. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $234,400, with a rent estimate of $2,459/month.

Home Details for 7540 W Palatine Ave

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stone
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 1419 sqft

Price and Tax history

YearProperty taxTax assessment
2024
$1,553
$83,890
Home facts updated by county records

Market trends in Chicago

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$389K
$10.33K
MoM
Sale-to-List Price
100.2%
0.2%
MoM
Price per sq ft
$294
$8
MoM
Available listings
5488
263
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Norwood Park West

At least 33 Trulia users voted on each feature.
  • 95 % Say it's dog friendly

  • 92 % Say yards are well-kept

  • 90 % Say there are sidewalks

  • 88 % Say parking is easy

  • 82 % Say people would walk alone at night

  • 79 % Say car is needed

  • 76 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 73 % Say streets are well-lit

  • 70 % Say they plan to stay for at least 5 years

  • 66 % Say it's quiet

  • 66 % Say there's wildlife

  • 64 % Say it's walkable to restaurants

  • 64 % Say neighbors are friendly

  • 61 % Say there are community events

  • 46 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I own a pet and many more neighbors do, so we are pets lovers . Not just dogs or cats enjoying the hood. People from many countries are living in the area and we live like in a brotherhood kind of "
  • Trulia User
    "amazing safe neighborhood. all cop and fireman neighborโ€™s which is a big plus. public schools are pretty well kept compared to the rest of the city"
  • Leslawa
    "I own the condo from 2002 and I would like to rent to nice tenant. I live very close in the neighboring city of Park Ridge . There is excellent transportation because itโ€™s close to hey 90 and cta blue line on Harlem "
  • Jayr m.
    "Weโ€™ve lived in this neighborhood for 9 years and have two of our eldest kids attend Edison Park Elementary. Itโ€™s a great neighborhood with nice neighbors. "
  • Mlklein
    "NP provides tree-lined streets and a small-town aura with a Chicago address. Living in NP may be characterized as living in a bucolic milieu nestled in an urban area, enjoying the conveniences of the city, and avoiding most of the ills that plague other city neighborhoods."
  • Echo
    "The area itself is fine but you will be right on Higgins rd., which is a very busy street, also a corridor for the emergency vehicles at the hospital nearby plus you get to hear the rumbling noise coming from the Blue line trains every 5 to 10 minutes. If that is not enough, the Kennedy expressway is just 100 feet away with no sound barrier! "

LGBTQ Local Legal Protections

Frequently asked questions about 7540 W Palatine Ave

  • What is 7540 W Palatine Ave estimated to be worth?
    Trulia's estimated value for 7540 W Palatine Ave in Chicago, IL is $234,400.
  • Is Chicago a buyer's or seller's market?
    Chicago is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Chicago?
    The median sale price in Chicago is $389K. That is up $10.33K from the prior month.
  • What do residents say about the Norwood Park West neighborhood?
    Residents describe the Norwood Park West neighborhood in Chicago, IL as dog-friendly, well-kept, and pedestrian-friendly. See recently sold homes in Norwood Park West, Chicago.
  • How big is the lot at 7540 W Palatine Ave?
    The lot at 7540 W Palatine Ave in Chicago, IL is about 0.03 acres (1,419 sq ft).
  • Does 7540 W Palatine Ave have a garage?
    Yes, 7540 W Palatine Ave in Chicago, IL has a garage.

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