8138 131st Street Palos Park, IL ^$ 300,000

8138 131st Street

^$ 300,000

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Recently Listed

8138 131st Street

Palos Park, IL, 60464

^$ 300,000

Studio Baths0.0

Monthly Estimate*

^$ 1,894

8138 131st Street, Palos Park, IL 60464 - Image 1

Studio

Lots and Land for sale in Palos Park, IL

for $300,000.

Rare opportunity to build your dream home in a highly desirable residential location! This vacant lot offers an excellent setting for a custom-built home with plenty of room for a spacious floor plan, outdoor living, landscaping, and privacy. Conveniently located near schools, parks, shopping, dining, forest preserves, and major roadways, this property provides the perfect combination of space, location, and potential. Whether you are a builder, investor, or end user looking to create a custom residence, this is a great chance to secure land in a sought-after area. Buyer to verify zoning, utilities, setbacks, permits, lot dimensions, and buildability with the village.

Lots and Land Active

Price

^$ 300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,958

Style

Single Family

Town/City

Palos Park

County/Region

Cook

MLS | Web ID

12708435

Features

General

Utilities Electricity Nearby Water Available

Possession Closing

Township Palos

Tax Year 2025

Current Use Single Family

Ownership Fee Simple

County Cook

Property Type Land Land

Status New

Directions SW Hwy to 131st East

City Palos Park

High School District 230

MLS Area Palos Park

Tax Annual Amount 1958.48

Standard Status Active

Middle/Junior School District 118

Elementary School District 118

Exterior

Total Parking 0

Lot Dimensions 100x200

Road Surface Type Asphalt

Frontage Length 100

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Kabs Realty Inc

Broker

william.lapiana@yahoo.com

Affordability Calculator

$2,057

Per Month

Monthly Principal & Interest: $1,894
Monthly Property Taxes: $163
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Lots and land listings in Palos Park, IL

Average List Price ^$295,714

Percent of Sale Price 1%

About Palos Park, IL

5,703 Population

9% Since 2002

^$87,653 Median Income

52.87 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566042 Elementary School

566918 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/18/2026	$300,000		Listed Price

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8138 131st Street, Palos Park, IL, 60464 is a Lots and Land for sale at $300,000. 8138 131st Street is a studio with 0.0 baths. The property's zip code is 60464 which is in Palos Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/21/2026.

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8138 131st Street

Lots and Land for sale in Palos Park, IL

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