8702 W 131st Street Palos Park, IL $ 389,000
8702 W 131st Street
$ 389,000
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8702 W 131st Street

Palos Park, IL, 60464
$ 389,000
Bedrooms4 Baths1.1 Sq 2,248

Monthly Estimate*

$ 2,427

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Single Family Home for sale in Palos Park, IL

for $389,000 with 4 bedrooms and 1 full bath, 1 half bath. This 2,248 square foot home was built in 1918.

Fantastic opportunity to own a large piece of land in Palos Park!!! This acre + parcel currently has a cape cod/raised ranch style home with 4 bedrooms a full bathroom as well as a half bathroom. Hardwood floors throughout most of the main level. Living room with wood burning fireplace adjacent to the formal dining room and large eat-in kitchen with neighboring family room. Main floor has a primary bedroom and 2nd bedroom as well. The upper level has 2 more bedrooms. One currently being used as a den with a 5' x 5' walk-in-closet. Plus an attic storage area. The home has custom wood doors and high end hardware. The full basement boasts a large family room, a large laundry room with a walk-out door to the yard, plus a workshop room. Tons of storage space. The 2-car detached garage consists of an office that is 10' x 20', but could be converted into a 3-car garage. There are sheds also for additional outside storage and a swing set in the yard. This parcel of land is ideal for outside summer gatherings with the massive multi area wrap around deck. If this home isn't to your liking, then consider buying it to build your custom dream home. Check out the photos of the neighboring homes being built right next door. Some upgrades include newer vinyl windows, a high efficency furnace installed in 2023 and a new roof installed in 2023. Hot water tank is from 2009. Upgraded electrical panel as well. House is being sold as an estate sale and As-Is. Close to reastuarants, shopping and more. Lot Dimensions are 164' x 279'

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Single Family Active

Price

$ 389,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 9,318

Style

Cape Cod

Year Built

1918

Town/City

Palos Park

County/Region

Cook

MLS | Web ID

12520260

Features
General
Living Area 2248
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling None
Possession Closing
Roof Asphalt
Appliances Range Microwave Refrigerator Washer Dryer Range Hood
Garage Spaces 2
Association Fee Includes None
Architectural Style Cape Cod
Construction Materials Vinyl Siding Stone
Year Built 1918
Township Palos
Tax Year 2023
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Other Structures Shed(s)
Total Rooms 10
Full Baths 1
Status Active
Directions From La Grange Road go east on 131st Street. About 1 mile east of La Grange Road on norht side of street
High School Amos Alonzo Stagg High School
City Palos Park
High School District 230
MLS Area Palos Park
Elementary School Palos West Elementary School
Tax Annual Amount 9318
Middle/Junior High School Palos South Middle School
Standard Status Active
Middle/Junior School District 118
Elementary School District 118
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Interior
Interior Amenities 1st Floor Bedroom Separate Dining Room Replacement Windows Workshop
Basement Partially Finished Exterior Entry Storage Space Full Walk-Out Access
Flooring Hardwood Carpet
Total Fireplaces 1
Half Baths 1
Laundry Features In Unit
Total Bedrooms 4
Room Type Family Room Workshop Other Room
Total Baths 2
Bedrooms Possible 4
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Exterior
Parking Features Asphalt Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 164 x 279
Waterfront Y/N N
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* Excluded Features
List By
Remax Legends

Broker

caputorealtycorp@gmail.com

Email

Affordability Calculator

$3,203
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,427
Monthly Property Taxes
$777
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564938 Elementary School
565815 Middle School
Amos Alonzo Stagg High School High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$389,000 Listed Price

Map


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8702 W 131st Street, Palos Park, IL, 60464 is a Single Family Home for sale at $389,000 with 2,248 sqft. 8702 W 131st Street has 4 bedrooms, 1.1 baths, and was built in 1918. The property's zip code is 60464 which is in Palos Park, IL