NOT LISTED FOR SALE

8509 W 121st St Palos Park, IL 60464

Estimated Value: $930,000 - $1,010,529

5 Beds
5.5 Baths
6,000 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 14, 2023

Last sale price $819,000 $136 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,830/month

8 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Deck
  • Palos East Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Recreation Room

About This Home

As of February 2023

Amazing McNaughton custom solid brick home on gorgeous 1.1 acre lot. Endless possibilities for updating. Owners are considering letting this opportunity go because of sudden job location changes. This floor plan is so impressive, generous room sizes, great layout, two library/offices on the first floor, huge formal rooms, 5 fireplaces, massive vaulted 29 x 19 family room with herringbone brick fireplace with reclaimed wood mantle from a Palos barn. Six bedrooms plus option for first floor in-law suite. The primary suite surpasses expectation - fireplace, sitting room, balcony with beautiful views of towering trees, extra large walk-in closet and luxury bath. Finished walkout lower level with the sixth bedroom and bath, family room, rec room, and bar. Screened porch, 4 car heated garage with 12' ceiling, 5 zone HVAC system, generator, security system, newer architectural shingled roof (12 years). Incredible home at this value. Perfect for fresh decor and renovation. Sought after neighborhood with beautiful homes and spectacular lots, top school districts 118 & 230, near train, shopping, golf courses.

Last Agent to Sell the Property

Beth Burtt

@properties Christie's International Real Estate License #471004500 Listed on: 01/19/2023

@properties Christie's International Real Estate

Co-Listed By

Sarah DePasquale

@properties Christie's International Real Estate License #475169648

Last Buyer's Agent

Susan Miller

Ravinia Realty & Mgmt LLC License #471004511

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,726

Year Built

  • Built in 1988

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 165 x 310
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

Parking

  • 4 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Screened Porch
  • Lower Floor Utility Room
  • Storage Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Chute

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom
  • Storm Screens
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 400 Amp
  • Lake Michigan Water

Community Details

  • Custom

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,726

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Trash Compactor, Cooktop
  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 5
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Laundry, First Floor Full Bath
  • LivingArea: 6000
  • Other Equipment: Humidifier, Central Vacuum, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Air Purifier
  • Room Type: Bedroom 5, Bedroom 6, Recreation Room, Family Room, Screened Porch, Office, Foyer, Den, Storage, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 6000
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 6000
  • Basement Sq Ft: 2000
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement,Den/Library,Great Room
  • Total Sq Ft: 8000
  • Upper Level Sq Ft: 6000
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Porch Screened, Storms/Screens
  • List Price: 849999
  • Lot Features: Landscaped, Wooded, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Concrete,Circular
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Service - 400 Amp or Greater
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Laundry Chute, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No
  • 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: 1.1808
  • Lot Dimensions: 165 X 310
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 21726.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 10, 2023
Sold by
Malec Michael and Malec Sonia
Bought by
Landis David T and Landis Heather
Seller's Agent
Beth Burtt
@properties Christie's International Real Estate
Buyer's Agent
Susan Miller
Ravinia Realty & Mgmt LLC
List Price
$849,999
Sold Price
$819,000
Premium/Discount to List
-$30,999
-3.65%
Views
126
Current Estimated Value
$974,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,632
Avg. Annual Appreciation
6.71%
Original Mortgage
$819,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2023
Closed on
Dec 22, 2022
Sold by
Chicago Title And Trust Company
Bought by
Malec Michael John and Malec Sonia
Seller's Agent
Beth Burtt
@properties Christie's International Real Estate
Buyer's Agent
Susan Miller
Ravinia Realty & Mgmt LLC
List Price
$849,999
Sold Price
$819,000
Premium/Discount to List
-$30,999
-3.65%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Landis David T $819,000 None Listed On Document
Malec Michael John $825,000 Chicago Title
Malec Michael John $825,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Landis David T $819,000
Previous Owner Malec Michael John $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2023 02/14/23 Sold $819,000 -3.6% $137 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $849,999 +3.0% $142 / Sq Ft
12/22/2022 12/22/22 Sold $825,000 -2.9% $138 / Sq Ft View Prior Sale
12/02/2022 12/02/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $850,000 -- $142 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $19,953 $81,289 $19,289 $62,000
2023 $22,077 $81,289 $19,289 $62,000
2022 $22,077 $76,774 $16,717 $60,057
2021 $21,726 $81,183 $16,716 $64,467
2020 $21,001 $81,183 $16,716 $64,467
2019 $22,055 $87,986 $15,430 $72,556
2018 $21,402 $87,986 $15,430 $72,556
2017 $20,771 $87,986 $15,430 $72,556
2016 $19,728 $76,523 $12,859 $63,664
2015 $19,476 $76,523 $12,859 $63,664
2014 $19,266 $76,523 $12,859 $63,664
2013 $19,527 $82,675 $12,859 $69,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11703895

Midwest Real Estate Data (MRED)

APN: 23-26-108-026-0000