$465,000
$5K PRICE DROP

7324 Palma Ln Morton Grove, IL 60053

Estimated payment $3,108/month

Total Views 8,753
3 Beds
2 Baths
1,701 Sq Ft
$273 Price per Sq Ft

Highlights

  • Steam Shower
  • Living Room
  • 1-Story Property
  • Maine East High School Rated A
  • Laundry Room
  • 2-minute walk to Shermer Park

About This Home

Excellent brick single family home, located at desirable area of Morton Grove. This gorgeous property offers a large living room, separated dining room, kitchen with stainless steel appliances and quartz counter top. 3 bedrooms, 2 baths. Stand steam shower door. New gutters, new shed. For you convenience this excellent property has a laundry space. Property is close to everything in a family-friendly neighborhood.

Listing Agent

Fabian Morales

Chicago Homes Real Estate Corp License #471016101 Listed on: 07/16/2025

Co-Listing Agent

Lucia Recendez

Chicago Homes Real Estate Corp License #475175097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,946

Year Renovated

  • 2018

Lot Details

  • Lot Dimensions are 60x119

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,701 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,946

Year Renovated

2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1701
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Steam Shower
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 465000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 63

Lot Info

  • Lot Dimensions: 60X119
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6946.33
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $29,319 $7,854 $21,465
2023 -- $29,319 $7,854 $21,465
2022 $0 $29,319 $7,854 $21,465
2021 $8,782 $27,279 $5,533 $21,746
2020 $8,782 $27,279 $5,533 $21,746
2019 $0 $30,311 $5,533 $24,778
2018 $8,782 $30,034 $4,819 $25,215
2017 $7,659 $30,034 $4,819 $25,215
2016 $7,387 $30,034 $4,819 $25,215
2015 $6,973 $26,371 $4,105 $22,266
2014 $6,825 $26,371 $4,105 $22,266
2013 $6,635 $26,371 $4,105 $22,266
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $465,000 -1.1% $273 / Sq Ft
07/16/2025 07/16/25 For Sale $470,000 +39.5% $276 / Sq Ft
06/23/2018 06/23/18 Sold $337,000 -3.4% $198 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $349,000 -- $205 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $337,000 Chicago Title
Special Warranty Deed -- Chicago Title
Sheriffs Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $230,000 Cti
Warranty Deed $144,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,000 VA
Closed $335,000 VA
Closed $337,000 VA
Previous Owner $199,000 New Conventional
Previous Owner $144,000 Credit Line Revolving
Previous Owner $184,000 New Conventional
Previous Owner $153,835 FHA
Previous Owner $129,600 No Value Available
Closed $34,500 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12421811

Midwest Real Estate Data (MRED)

APN: 09-13-209-008-0000