[Palos Park, 60464] | [12460256] | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of HomeSmart Realty GroupMREDas Distributed by MLSGrid- MLS# 12460256MLS Provider

Palos Park, IL 60464

Vacant Land · 2.86 Acres
$589,999 Active

Overview

Time on Site:
298 days
Visits:
8

Discover an exceptional 2.86 acre canvas in the heart of Palos Park directly across from the gated Shadow Ridge Estates subdivision. This oversized, lushly wooded parcel offers, unmatched privacy and scale- double or triple the lots in surrounding luxury neighborhoods- perfectly suited for crafting a grand custom home equestrian retreat, or private family compound. Located 25 miles from downtown Chicago. The property delivers both tranquility and convenience with access to Metra and premiere schools. Enjoy proximity to scenic Forest preserves like swallow Cliff woods and the Palos preserves plus a charming, close-knit community celebrated for historic architecture and cultural offerings. Palos Park is currently a strong sellers market with homes fetching 1.5 million and up and recent years have seen steady appreciation in home values - up to as much as 12 to 18 percent annually. With limited land inventory in this highly desirable region, this is a rare opportunity to secure a prestigious address and make a lasting legacy. Don't miss this chance to build your dream home on a truly rare parcel reach out today to discuss vision permitting, and next steps.

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Facts & Features

  • Type Vacant Land
  • Lot 2.86 Acres

Details

General

School Information

  • School District: 117

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Palos Park
  • Township: Palos

Tax Information

  • Tax Annual Amount: $3,954.00
  • Tax Year: 2022

General Information

  • Ownership: Fee Simple
  • Parcel Number: 15323304010260
  • Property Type: Land
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 662
  • Frontage Type: Public Road
  • Lot Size Acres: 2.86
  • Lot Size Dimensions: 662x 187
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby

Neighborhood

Community

60464 (PALOS PARK) Demographics

54
Median Age
1,172
Population Density (per sq. mile)
50%
College Educated
$109,360
Estimated Median Income
3,510
Estimated Total Home Owners
406
Estimated Total Renters
90% / 10%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$670,925
Average List Price
$254
Average Price per Square Foot
12
Properties Sold
37
Average Days on Market
24
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
9/6/2025Source: MRED Status Change
Active
9/4/2025Source: MRED Added to Database
September 04, 2025