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    • $240,000

    12314 S 88th Ave, Palos Park, IL 60464

    2beds
    1,075sqft
    Single Family Residence
    Built in 1916
    -- sqft lot
    $241,800 Zestimate®
    $223/sqft
    $1,968 Estimated rent

    Home value

    $241,800

    $220,000 - $266,000

    $1,968/mo

    Zestimate® history
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    $1,792/mo

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    What's special

    Sloping terrainSits on two lots
    This 2-bedroom, 1-bath ranch-style home sits on two lots and offers a rare opportunity to renovate or rebuild in one of the most desirable areas of Palos Park. The Value is mostly in LAND. The home needs major rehab-or start fresh and build your dream home. The sloping terrain is perfect for a walkout basement, providing great potential for expanded living space. Located within walking distance to the Palos Park Recreation Center, library, Plush Horse Ice Cream, and Metra station. Outdoor lovers will appreciate the proximity to scenic forest preserves and miles of bike trails, ideal for year-round enjoyment. Cash only or rehab loans buyers please. Whether you're an investor, builder, or visionary homeowner, this is your chance to bring new life to a beautiful, nature-rich location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cecylia Tyrala, ABR,CSC,SFR 708-369-6772,

    Re/Max Millennium

    Bought with:

    Bruce La Ha

    RE/MAX 10

    Source: MRED as distributed by MLS GRID,MLS#: 12555801MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Sun Room
    Primary bedroom
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11X13
    Bedroom 2
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10X12
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 12X14
    Kitchen
    • Features: Kitchen (Eating Area-Table Space)
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 12X14
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 13X18
    Sun room
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 8X12
    Heating
    • Natural Gas
    Cooling
    • None
    Features
    • Basement: Unfinished,Partial
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,075 sqft

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Gravel, Yes, Garage Owned, Detached, Garage
    • Garage spaces: 2.5
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    Lot
    • Dimensions: 51X40X73X120X51X199
    • Features: Irregular Lot, Wooded, Mature Trees
    Details
    • Additional parcels included: 23274050280000
    • Parcel number: 23274050270000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Palos Park

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $310,000
    • Annual tax amount: $7,745
    • Date on market: 5/26/2026
    • Listing terms: Renovation Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/22/2026Sold$240,000$223/sqft
    Source: MRED as distributed by MLS GRID #12555801 Report a problem
    5/22/2026Listed for sale$240,000-4%$223/sqft
    Source: MRED as distributed by MLS GRID #12656289 Report a problem
    2/22/2026Contingent$249,991$233/sqft
    Source: MRED as distributed by MLS GRID #12555801 Report a problem
    2/16/2026Price change$249,991-2%$233/sqft
    Source: MRED as distributed by MLS GRID #12555801 Report a problem
    2/4/2026Price change$255,000-1.5%$237/sqft
    Source: MRED as distributed by MLS GRID #12555801 Report a problem
    1/27/2026Listed for sale$259,000-7.5%$241/sqft
    Source: MRED as distributed by MLS GRID #12555801 Report a problem
    1/27/2026Listing removed$279,991$260/sqft
    Source: MRED as distributed by MLS GRID #12489683 Report a problem
    1/4/2026Price change$279,991-2.1%$260/sqft
    Source: MRED as distributed by MLS GRID #12489683 Report a problem
    11/18/2025Price change$285,991-1%$266/sqft
    Source: MRED as distributed by MLS GRID #12489683 Report a problem
    10/7/2025Listed for sale$289,000-3.3%$269/sqft
    Source: MRED as distributed by MLS GRID #12489683 Report a problem
    10/7/2025Listing removed$299,000$278/sqft
    Source: MRED as distributed by MLS GRID #12400047 Report a problem
    8/29/2025Price change$299,000-0.3%$278/sqft
    Source: MRED as distributed by MLS GRID #12400047 Report a problem
    7/10/2025Price change$299,991-6%$279/sqft
    Source: MRED as distributed by MLS GRID #12400047 Report a problem
    6/22/2025Listed for sale$319,000$297/sqft
    Source: MRED as distributed by MLS GRID #12400047 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $31,000
    2023$6,796 +39.7%$31,000 +58.3%
    2022$4,866 +7.2%$19,587
    2021$4,537 -13.9%$19,587
    2020$5,268 +49.2%$19,587 +44.7%
    2019$3,530 +3%$13,534
    2018$3,426 +3.1%$13,534
    2017$3,322 +10.8%$13,534 +20.3%
    2016$2,999 +1.1%$11,253
    2015$2,966 +1.2%$11,253
    2014$2,932 -22.6%$11,253 -27.5%
    2013$3,787 +43%$15,525
    2012$2,649 +0.6%$15,525
    2011$2,633 +21.6%$15,525 -36.5%
    2010$2,166 +2.3%$24,454
    2009$2,116 -2.9%$24,454 -5%
    2008$2,179 -10.5%$25,742 +11.1%
    2007$2,435 -4.2%$23,178
    2006$2,542 0%$23,178
    2005$2,543 -11.8%$23,178 +23.5%
    2004$2,884 -5.1%$18,768
    2003$3,038 +1.7%$18,768
    2002$2,986 +11.4%$18,768 +15%
    2001$2,681 +1.4%$16,318
    2000$2,645 +19.7%$16,318
    1999$2,209 $16,318
    Find assessor info on the county website

    Neighborhood: 60464

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Amos Alonzo Stagg High School
    • District: 118

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $241,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $241,800

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