$1,350,000

12400 S 88th Ave Palos Park, IL 60464

Estimated payment $9,486/month

Total Views 3,318
6 Beds
3.5 Baths
4,567 Sq Ft
$296 Price per Sq Ft

Highlights

  • Spa
  • Waterfront
  • Open Floorplan
  • Palos East Elementary School Rated A
  • 3.11 Acre Lot
  • Community Lake

About This Home

A timeless retreat where custom-built luxury meets serene pond views and a cascading waterfall. Set on 3.107 private acres, this stately Palos Park estate offers an impressive 11,537 sq ft of total living space across four expansive levels-designed for multi-generational living, elegant entertaining, and future flexibility. Built from the ground up in 2000, the home welcomes you with a grand arched double-door entry and an expansive brick-paved circular driveway, leading to a 3-car garage with additional outdoor parking for 3+ vehicles. Inside, natural light pours through large arched windows into a soaring great room with 20+ ft ceilings. The adjacent vaulted family room features a cozy gas fireplace, perfect for gatherings. A sixth bedroom currently serves as a richly finished library with floor-to-ceiling built-ins, solid wood doors, and a coffered wood ceiling. The kitchen offers generous space and natural light, with granite countertops, ample cabinetry, a walk-in pantry, and a vaulted octagonal breakfast nook surrounded by windows-overlooking the deck and offering peaceful views of the pond and cascading waterfall. KEY FEATURES Include: __ 6 bedrooms | 3 full baths | 1 half bath __ Dual primary/in-law suites on both main and second floors, each with walk-in closets and en-suite baths __ Spa-inspired main-level primary bath with a gas fireplace shared between the bedroom and bathroom, jetted tub, and oversized walk-in shower __ Laundry rooms on both the main and second floors __ Rough-in plumbing for a fourth full bath in an upper-level bedroom (originally intended as an en-suite) and another in the lower level __ Full walk-out basement with 2,753 sq ft of unfinished space and exterior access __ 714 sq ft attic level, ideal for a gym, studio, or future expansion __ Radiant floor heating on the main level __ Roof completely redone in 2020 __ Underground sprinkler system and extensive hardscaping __ Dedicated space allocated for a future elevator installation The professionally landscaped grounds include brick-paved front entry, walkways, and a rear patio. A tranquil pond serves as the centerpiece of the backyard, enhanced by a professionally installed cascading waterfall and ambient lighting system-a landscape investment valued at approximately $200,000. The pond is bordered by mild natural wetland, adding to the property's privacy and peaceful ambiance. Outdoor living spaces include a deck off the family room and kitchen, a private balcony off the main-level primary suite, and a brick patio accessed from the walk-out lower level-all designed for seamless indoor-outdoor enjoyment. Located just 0.6 miles from the Palos Park Metra Station, and minutes to Northwestern Medicine Palos Hospital, forest preserves, top-rated schools, and I-294. A rare and refined sanctuary where timeless design, open space, and natural beauty converge.

Last Listed By

Carina Sawaya

Berkshire Hathaway HomeServices Chicago License #475117814 Listed on: 05/20/2025

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,143

Year Built

  • Built in 2000

Lot Details

  • 3.11 Acre Lot
  • Lot Dimensions are 103.56x81.20x66x419.62x309.63x256.85x132.06
  • Waterfront

Parking

  • 6 Car Direct Access Garage
  • Enclosed Parking
  • Circular Driveway
  • Secured Garage or Parking
  • Additional Parking
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Stone Siding

Interior Spaces

  • 4,567 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Paneling
  • Beamed Ceilings
  • Coffered Ceiling
  • Double Sided Fireplace
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Laundry in Bathroom
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,143

Year Built

Built in 2000

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Cooktop
  • Basement: Unfinished, Exterior Entry, Bath/Stubbed, 9 ft + pour, Walk-Up Access, Full, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Door Features: French Doors, Storm Door(s)
  • Fireplace Features: Double Sided, Wood Burning, Gas Log, Gas Starter, Includes Accessories
  • Fireplaces: 4
  • Flooring: Hardwood, Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Hot Tub, 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, High Ceilings, Coffered Ceiling(s), Beamed Ceilings, Open Floorplan, Special Millwork, Granite Counters, Separate Dining Room, Paneling, Pantry
  • LivingArea: 4567
  • Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Pantry, Deck, Foyer, Balcony/Porch/Lanai, Walk In Closet, Mud Room
  • Window Features: Window Treatments, Insulated Windows
  • Estimated Total Finished Sq Ft: 4567
  • Assessed Sq Ft: 2495
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4567
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Bedroom,Great Room
  • Square Footage Comments: Usable Spaces: Lower Level with walk-out - 2,753 SF, Attic 714 SF, 1st Level/Main level (includes Primary Ensuite) 2,869 SF, 2nd Level (includes another Primary Ensuite) - 1,698 SQ FT, Attached Indoor 3-Car Garage 653 SF
  • Total Sq Ft: 7320
  • Upper Level Sq Ft: 1698
  • Attic: Full,Interior Stair,Unfinished
  • Main Level Sq Ft: 2869
  • Unfinished Lower Sq Ft: 2753
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Stucco, Stone, Brick/Stone Msn Pred
  • ExteriorFeatures: Balcony
  • List Price: 1350000
  • Patio And Porch Features: Deck, Patio, Porch
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Brick Driveway, Circular Driveway, Heated Driveway, Garage Door Opener, On Site, Garage Owned, Attached, Detached, Assigned, Driveway, Additional Parking, Direct Access, Enclosed, Secured, Owned, Garage
  • ParkingTotal: 12

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Natural Gas, Radiant Floor
  • Laundry Features: Main Level, Upper Level, Gas Dryer Hookup, In Unit, In Bathroom, Laundry Closet, Multiple Locations, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 118

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 3.107
  • Lot Dimensions: 103.56X81.20X66X419.62X309.63X256.85X132.06
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 23143
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $22,945 $100,250 $50,750 $49,500
2023 $22,945 $100,250 $50,750 $49,500
2022 $22,945 $82,394 $43,983 $38,411
2021 $22,993 $82,393 $43,982 $38,411
2020 $22,161 $82,393 $43,982 $38,411
2019 $20,807 $85,944 $18,819 $67,125
2018 $20,190 $85,944 $18,819 $67,125
2017 $23,458 $95,558 $18,819 $76,739
2016 $18,113 $72,246 $16,409 $55,837
2015 $22,940 $89,670 $33,833 $55,837
2014 $22,691 $89,670 $33,833 $55,837
2013 $15,560 $66,410 $16,916 $49,494
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $1,350,000 -- $296 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $249,900 Credit Line Revolving
Open $417,000 New Conventional
Closed $142,000 Credit Line Revolving
Closed $1,341,474 Unknown
Open $4,191,806 Unknown
Closed $1,290,000 Unknown
Previous Owner $252,000 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12370236

Midwest Real Estate Data (MRED)

APN: 23-27-410-023-0000