11050 S Roberts Rd Palos Hills, IL 60465
Estimated payment $3,784/month
About This Lot
Discover a unique opportunity to acquire shovel-ready vacant land situated at the busy intersection of Roberts Rd and 111th Street in Palos Hills. This strategically located site benefits from previously developed infrastructure, including: In-place utilities: electricity, gas, sewer, and city water. Existing curb, gutter, and sidewalk Established drive approaches. The prime location offers excellent visibility and accessibility, making it ideal for various commercial and residential uses. Zoning permits a wide range of possibilities, including: Convenience store, own restaurant, ,food market. Retail strip center Condominiums or townhouses. Add. With endless possibilities for development, this is a fantastic investment opportunity in a thriving area. Don't miss out on making this prime piece of real estate yours! Also, it can be combined with the adjacent property; please see listing 8048 W 111th St MLS # 12296090
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,213
Lot Details
- 1.82 Acre Lot
- Lot Dimensions are 278x263x473x32x197x229
- Property is zoned COMMR
Schools
- Palos West Elementary School
- Palos South Middle School
Utilities
- No Cooling
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,213 | $16,850 | $16,850 | -- |
| 2023 | $27,962 | $16,850 | $16,850 | -- |
| 2022 | $27,962 | -- | -- | -- |
| 2021 | $27,962 | $96,382 | $95,919 | $463 |
| 2020 | $26,964 | $96,382 | $95,919 | $463 |
| 2019 | $150,208 | $550,397 | $199,832 | $350,565 |
| 2018 | $142,944 | $550,397 | $199,832 | $350,565 |
| 2017 | $139,193 | $550,397 | $199,832 | $350,565 |
| 2016 | $118,422 | $433,240 | $179,849 | $253,391 |
| 2015 | $117,032 | $433,240 | $179,849 | $253,391 |
| 2014 | $115,627 | $433,240 | $179,849 | $253,391 |
| 2013 | $51,187 | $205,186 | $179,849 | $25,337 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $650,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Old Republic Title | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $175,000 | None Available | |
| Corporate Deed | $202,500 | Old Republic National Title | |
| Deed | $42,000 | None Available | |
| Deed | $750,000 | Lasalle Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $36,360 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $780,000 | Commercial | |
| Previous Owner | $725,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12372027
APN: 23-14-400-039-0000
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