7801 W 111th St Palos Hills, IL 60465
Estimated payment $6,227/month
About This Lot
2.1 acres of Vacant Property large enough for a Strip Center on front 151' with a secondary project on the back west end of the property or townhomes. This pad is perfect for a major fast food franchise that needs lots of parking. It also has potential for a 20+ unit townhome development. Currently 2 homes on the land with decent income. A RARE OPPORTUNITY TO DEVELOP NEAR PALOS HILLS' BUSIEST INTERSECTION! Down the street from Moraine Valley Community College and STAGG HS. 2 PIN #s 23-24-100-151 and 23-24-100-152 Check additional documents for more info.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,953
Lot Details
- 2.1 Acre Lot
- Lot Dimensions are 151x226x76x237x231x461
- Additional Parcels
- Property is zoned SINGL
Parking
- Driveway
Schools
- Palos East Elementary School
- Palos South Middle School
- Amos Alonzo Stagg High School
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 | $6,708 | $20,941 | $10,528 | $10,413 |
| 2023 | $7,909 | $26,828 | $14,828 | $12,000 |
| 2022 | $7,909 | $25,427 | $16,681 | $8,746 |
| 2021 | $7,377 | $25,427 | $16,681 | $8,746 |
| 2020 | $8,291 | $29,637 | $16,681 | $12,956 |
| 2019 | $7,351 | $26,937 | $14,827 | $12,110 |
| 2018 | $6,996 | $26,937 | $14,827 | $12,110 |
| 2017 | $6,812 | $26,937 | $14,827 | $12,110 |
| 2016 | $6,121 | $22,395 | $12,974 | $9,421 |
| 2015 | $6,050 | $22,395 | $12,974 | $9,421 |
| 2014 | $6,196 | $23,214 | $12,974 | $10,240 |
| 2013 | $4,988 | $19,996 | $12,974 | $7,022 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $960,000 | +717.0% | -- |
| 07/23/2020 07/23/20 | Sold | $117,500 | -52.9% | $122 / Sq Ft |
| 05/30/2020 05/30/20 | Pending | -- | -- | -- |
| 04/19/2020 04/19/20 | Price Changed | $249,500 | -16.6% | $258 / Sq Ft |
| 01/15/2020 01/15/20 | Price Changed | $299,000 | -12.1% | $310 / Sq Ft |
| 12/09/2019 12/09/19 | For Sale | $340,000 | -- | $352 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $117,500 | Baird & Warner Ttl Svcs Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12450843
APN: 23-24-100-151-0000
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