NOT LISTED FOR SALE

8823 W 126th St Palos Park, IL 60464

Estimated Value: $298,000 - $444,623

3 Beds
2.5 Baths
2,000 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $250,000 $125 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,528/month

241 Days on Market

Highlights

  • 1.55 Acre Lot
  • Deck
  • Wooded Lot
  • Palos East Elementary School Rated A
  • Living Room with Fireplace
  • Formal Dining Room

About This Home

As of May 2022

REHABBERS/Builders/developers DREAM LOT! This is a huge 500x200 (1.6 Acre) private wooded corner lot with a private stream running through the back of the property. 2,000 square foot home on property which is a full gut REHAB or tear down. Perfect location, great school district, close to highways. PERFECT opportunity to build your dream home in an area with high end homes. Village has approved a rehab on the current foundation or tear down.

Last Agent to Sell the Property

Heidi Lapczynska

Better Homes & Gardens Real Estate Connections License #475196812 Listed on: 08/20/2021

Better Homes & Gardens Real Estate Connections

Last Buyer's Agent

Dion Romano

RE/MAX Territory License #476429533

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1946

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 500x200
  • Irregular Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Parking Space is Owned

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1946

Lot Details

1.55 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1946
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • LivingArea: 2000
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Other
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Irregular Lot, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: None
  • Electric: Fuses
  • Heating: Natural Gas, Steam
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.5532
  • Lot Dimensions: 500X200
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7400
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
May 13, 2022
Sold by
Leon Daniel
Bought by
Saleh Nagi
Seller's Agent
Heidi Lapczynska
Better Homes & Gardens Real Estate Connections
Buyer's Agent
Dion Romano
RE/MAX Territory
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%
Current Estimated Value
$365,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,156
Avg. Annual Appreciation
10.60%

Purchase Details

Listed on
Feb 16, 2015
Closed on
Apr 16, 2015
Sold by
Stajszczak Michael and Stajszczak Christine M
Bought by
Leon Daniel
Seller's Agent
Kevin Glovach
RE/MAX 1st Service
Buyer's Agent
Laurie Mead
@properties Christie's International Real Estate
List Price
$350,000
Sold Price
$285,000
Premium/Discount to List
-$65,000
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.83%

Purchase Details

Closed on
Aug 20, 2012
Sold by
Schwan Alison
Bought by
Stajszczak Michael and Stajszczak Christine M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Saleh Nagi -- Chess James M
Leon Daniel $285,000 Cti
Stajszczak Michael $134,500 Attorneys Title Guaranty Fun
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $250,000 -10.7% $125 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
03/23/2022 03/23/22 Price Changed $280,000 -6.7% $140 / Sq Ft
08/20/2021 08/20/21 For Sale $300,000 +5.3% $150 / Sq Ft
04/16/2015 04/16/15 Sold $285,000 -18.6% $143 / Sq Ft View Prior Sale
03/31/2015 03/31/15 Pending -- -- --
03/16/2015 03/16/15 Price Changed $350,000 0.0% $175 / Sq Ft
03/10/2015 03/10/15 Price Changed $349,900 0.0% $175 / Sq Ft
03/04/2015 03/04/15 Price Changed $350,000 0.0% $175 / Sq Ft
02/23/2015 02/23/15 Price Changed $349,900 0.0% $175 / Sq Ft
02/16/2015 02/16/15 For Sale $350,000 -- $175 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $7,824 $25,991 $12,991 $13,000
2024 $7,824 $22,741 $12,991 $9,750
2023 $8,281 $31,872 $25,372 $6,500
2022 $8,281 $27,516 $21,989 $5,527
2021 $7,679 $27,515 $21,989 $5,526
2020 $7,400 $27,515 $21,989 $5,526
2019 $8,770 $33,623 $20,297 $13,326
2018 $8,511 $33,623 $20,297 $13,326
2017 $8,254 $33,623 $20,297 $13,326
2016 $8,513 $31,944 $16,914 $15,030
2015 $8,419 $31,944 $16,914 $15,030
2014 $8,322 $31,944 $16,914 $15,030
2013 -- $31,749 $16,914 $14,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11181895

Midwest Real Estate Data (MRED)

APN: 23-27-417-003-0000

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