LAND VALUE OPPORTUNITY - DOUBLE LOT POTENTIAL - Builders take note: this is a rare chance to secure a generous .47-acre parcel on one of Palos Hills' prettiest streets, where homes command $1 million and up. You can easily build 2 homes on this parcel (subject to municipal approval). The lot comes with public water and sewer already available, eliminating the cost of utility installation and letting you move straight into planning and permitting. The existing 2-bedroom home offers no renovation potential and is being sold strictly for land value and the sale price reflects lot value only. This clears the way for new construction, giving you a blank canvas in a location where finished homes routinely sell in the seven figures, positioning your build for strong resale potential from day one. With its combination of lot size, utility access, and an address in an amazing neighborhood, this property offers builders a straightforward path to a high-value new construction project in a market that continues to draw premium buyers. Opportunities to acquire land with this much upside in an established, high-end neighborhood are limited, this one is ready for your next project.
Closed
Zillow last checked:
Listing updated:
Bought with:
Katarzyna Chlebek
KABS Realty INC
Source: MRED as distributed by MLS GRID,MLS#: 12709143
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Sold | $352,000+17.7%$321/sqft |
Source:  MRED as distributed by MLS GRID #12709143 Report a problem | ||
| 8/24/2026 | Pending sale | $299,000$273/sqft |
Source: MRED as distributed by MLS GRID #12709143 Report a problem | ||
| 7/28/2026 | Contingent | $299,000$273/sqft |
Source: MRED as distributed by MLS GRID #12709143 Report a problem | ||
| 7/22/2026 | Listed for sale | $299,000$273/sqft |
Source: MRED as distributed by MLS GRID #12709143 Report a problem | ||
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Estimated market value
$298,500
