12314 S 88th Ave Palos Park, IL 60464
Estimated payment $2,243/month
Total Views
12,427
2
Beds
1
Bath
1,075
Sq Ft
$278
Price per Sq Ft
Highlights
- Mature Trees
- Wood Flooring
- Laundry Room
- Palos East Elementary School Rated A
- Sun or Florida Room
- 1-Story Property
About This Home
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 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 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,407
Year Built
- Built in 1916
Lot Details
- Lot Dimensions are 51x40x73x120x51x199
- Irregular Lot
- Mature Trees
- Wooded Lot
- Additional Parcels
Parking
- 2.5 Car Garage
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,075 Sq Ft Home
- 1-Story Property
- Family Room
- Combination Dining and Living Room
- Sun or Florida Room
- Wood Flooring
- Partial Basement
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Schools
- Amos Alonzo Stagg High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Well
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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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 | $611 | $2,487 | $2,487 | -- |
| 2023 | $948 | $2,487 | $2,487 | -- |
| 2022 | $948 | $3,151 | $3,151 | $0 |
| 2021 | $879 | $3,150 | $3,150 | $0 |
| 2020 | $847 | $3,150 | $3,150 | $0 |
| 2019 | $735 | $2,819 | $2,819 | $0 |
| 2018 | $714 | $2,819 | $2,819 | $0 |
| 2017 | $692 | $2,819 | $2,819 | $0 |
| 2016 | $619 | $2,321 | $2,321 | $0 |
| 2015 | $612 | $2,321 | $2,321 | $0 |
| 2014 | $605 | $2,321 | $2,321 | $0 |
| 2013 | $566 | $2,321 | $2,321 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $299,000 | -0.3% | $278 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $299,991 | -6.0% | $279 / Sq Ft |
| 06/22/2025 06/22/25 | For Sale | $319,000 | -- | $297 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Similar Homes in Palos Park, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12400047
APN: 23-27-405-028-0000
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