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LAND VALUE OPPORTUNITY - DOUBLE LOT POTENTIAL - Builders take note: this is a rare chance to secure a generous .47-acre parcel on one of Palos Hills' prettiest streets, where homes command $1 million and up. You can easily build 2 homes on this parcel (subject to municipal approval). The lot comes with public water and sewer already available, eliminating the cost of utility installation and letting you move straight into planning and permitting. The existing 2-bedroom home offers no renovation potential and is being sold strictly for land value and the sale price reflects lot value only. This clears the way for new construction, giving you a blank canvas in a location where finished homes routinely sell in the seven figures, positioning your build for strong resale potential from day one. With its combination of lot size, utility access, and an address in an amazing neighborhood, this property offers builders a straightforward path to a high-value new construction project in a market that continues to draw premium buyers. Opportunities to acquire land with this much upside in an established, high-end neighborhood are limited, this one is ready for your next project.
| DAYS ON MARKET | 6 | LAST UPDATED | 7/21/2026 |
|---|---|---|---|
| YEAR BUILT | 1954 | COMMUNITY | Palos Hills |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | Amos Alonzo Stagg High School |
|---|---|
| Elementary School | Oak Ridge Elementary School |
| Jr. High School | H H Conrady Junior High School |
| High School | Amos Alonzo Stagg High School |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Palos Hills |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Cedar, Shake Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.47 acre(s) |
| LOT DIMENSIONS | 131 x 155 |
| PARKING | Asphalt, Off Street |
| SEWER | Public Sewer |
| STYLE | Ranch |
| TAXES | 2533 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Realty Executives Premier Illinois
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.