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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013

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8322 123rd Street
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photo not available
12314 88th Avenue
Palos Park, IL 60464
Cook, US
$259,000.00
$249,991.00 listing calculator
Status: Contingent (For Sale)
Type: Residential
Size: 1,075 Sq. Ft.
Year Built: 1916
Bedrooms: 2
Bathrooms: 1
MLS ID: 12555801


Overview
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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 Value is mostly in LAND. 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 or rehab loans 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.

Courtesy Of: Re/Max Millennium


Feature Highlights


  • Additional Parcels
  • Built Before 1978

General Features


List Date:
01/27/2026

Public Schools


High School:
Amos Alonzo Stagg Hi

Interior Features


Living Area Source:
Assessor
Bedrooms Possible:
2
Bathrooms Full:
1
Rooms Total:
5

Exterior Features and Amenities


Lot Size Dimensions:
51X40X73X120X51X199
Parking Total:
2.5

Financial


Purchase Contract Date:
2026-02-20
Days On Market:
27
Tax Annual Amount:
$7,745.00
Tax Year:
2024

Other Features


Elementary School District:
118
High School District:
230
Middle Or Junior School District:
118
Age:
100+ Years


Directions


123rd St ( McCarthy Rd ) to 88th Ave, South to property

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-03-18
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
Illinois License 478101578
Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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