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$425,000 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1,524 Sq. Ft.
  • 2.5 Car Garage
  • Updated 9 days ago
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Don't miss your chance to snag this stunning & rarely available 3 bd / 3 bth OVERSIZED split level home in charming Palos Heights. You can literally MOVE RIGHT IN to this low-maintenance, well maintained beauty. With hardwood flooring throughout the living room, dining room & lower level, natural light pouring in from every angle, gorgeous brick woodburing fireplace w/ gas start, & that open concept feel, this home is sure to impress! Notable updates include: Garage Door (2025), microwave & ceiling fans (2025), Roof,Gutters/ Gutter Guards, screen door & sidelites & SS Dishwasher (2024), Furnace (2017), as well as Newer SMART home features (thermostat & garage opener system). Enjoy your huge corner lot with plenty of space to play & entertain around the large private concrete patio. Perfectly located with serene views of the forest preserve out your front window, with access right down the street to walking/biking path leading you to Arrowhead lake. Also just down the road from downtown Palos Heights featuring many amazing & beloved local favs such as Franklin's Public House, Harvest Room, Johnny's Rooftop, Pass Health foods & so much more! Easy access to major expressways & the Metra too. Hurry in today!

Full Property Details for 7040 W 131st St

General

  • Price: $425,000
  • Taxes: $8,809 (2024)
  • Status: Contingent
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12603883
  • Updated: 4/2/2026
  • Added to Site: 10 day(s) ago

Interior

  • Basement: Finished, C
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Other Features: School Bus Service, Commuter Train, Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2.5
  • Total Spaces: 2
  • Parking Features: Asphalt, Yes, Attached, Garage

Location

  • Area: Palos Heights
  • County: Cook
  • Township: Palos
  • Driving Directions: Harlem Avenue to 131st Street. East to property.

School Information

  • School District: 128
  • Elem School District: 128
  • Midd School District: 128
  • High School District: 218

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Crawl Space, Partial
  • Sub-Flooring: Hardwood
  • Square Feet: 1,524
  • Sq. Ft. Source: Assessor
  • Year Built: 1961
  • Built Before 1978: Yes

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 90 x 163

Financial Considerations

  • Assessment Year: 1961
  • Tax Amount: $8,809.7
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 24311050090000

Listed by Century 21 Circle

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— 7040 W 131st St —

  • Century 21 Circle

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7040 W 131st St

School Districts:Palos Heights School District 128, Community High School District 218
NameGradesDistance
Navajo Heights Elementary School
12401 South Oak Park Avenue, Palos Heights, IL 60463
4-50.9 mi
Indian Hill
12800 South Austin Avenue, Palos Heights, IL 60463
PK-K1.3 mi
Chippewa Elementary School
12425 S Austin Ave, Palos Heights, IL 60463
1-31.6 mi
Independence Jr High School
6610 West Highland Drive, Palos Heights, IL 60463
6-80.6 mi
A B Shepard High School (Campus)
13049 South Ridgeland Avenue, Palos Heights, IL 60463
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7040 W 131st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$425,000
40.26%
MLS
7/30/2018
Sold
$303,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7040 W 131st St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,683
26%
$31,999
42%
2022
$6,912
4%
$22,562
—
2021
$6,631
1%
$22,562
—
2020
$6,582
-17%
$22,562
-17%
2019
$7,896
6%
$27,264
—
2018
$7,474
—
$27,264
—
2017
$7,487
21%
$27,264
28%
2016
$6,186
3%
$21,325
—
2015
$6,017
3%
$21,325
—
2014
$5,859
—
$21,325
-7%
2013
$5,842
2%
$22,835
—
2012
$5,713
—
$22,835
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7040 W 131st Street, Palos Heights, IL 60463 (MLS# 12603883) is a Single Family property with 3 bedrooms and 3 full bathrooms. 7040 W 131st Street is currently listed for $425,000 and was received on April 02, 2026. Want to learn more about 7040 W 131st Street? Do you have questions about finding other Single Family real estate for sale in Palos Heights? You can browse all Palos Heights real estate or contact a Coldwell Banker agent to request more information.

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