[Palos Heights, 60463] | [12519130] | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of HRE Real Estate ServicesMREDas Distributed by MLSGrid- MLS# 12519130MLS Provider

Palos Heights, IL 60463

Vacant Land · 1.18 Acres
$1,675,000 Active

Overview

Time on Site:
224 days
Visits:
2

Prime Land Opportunity - Over 1 Acre on High-Visibility Corridor Discover an exceptional opportunity with this 51,179 sq ft parcel offering unmatched flexibility and visibility. The property includes a 6,400 sq ft building on-site, ideal for immediate use or redevelopment to suit your business vision. Strategically located between Harlem Ave and Central Ave, this site offers excellent accessibility. It is just 3 miles from I-294 and 3 miles from Northwestern Medicine Palos Hospital, making it ideal for retail, medical, office, or service-based uses. With 200 feet of frontage and exposure to over 33,000 vehicles per day (IDOT), the property delivers strong visibility in a high-traffic commercial corridor. Whether you choose to utilize the existing building or transform the land to meet your development plans, this site provides unparalleled potential in a sought-after location.

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Facts & Features

  • Type Vacant Land
  • Lot 1.18 Acres

Details

General

School Information

  • School District: 218

Business Information

  • Current Use: Commercial

Location/Region

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

Tax Information

  • Tax Annual Amount: $55,340.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 24291000250000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: OTHER

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Cooling: Central Air

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 204
  • Frontage Type: City Street
  • Lot Size Acres: 1.18
  • Lot Size Dimensions: 204'x284'x206'x127'x157'x179'
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Water Available

Neighborhood

Community

60463 (Palos Heights) Demographics

52
Median Age
2,644
Population Density (per sq. mile)
50%
College Educated
$90,679
Estimated Median Income
5,025
Estimated Total Home Owners
321
Estimated Total Renters
94% / 6%
Estimated Owner / Renter Divide
3
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

$
$ %
%
$
$
Mike Mabry
* 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

$441,478
Average List Price
$206
Average Price per Square Foot
19
Properties Sold
47
Average Days on Market
53
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
11/22/2025Source: MRED Status Change
Active
11/17/2025Source: MRED Added to Database
November 17, 2025