Single Family: MLS #12704119 Palos Park, IL $ 5,000,000
Single Family: MLS #12704119
$ 5,000,000
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Single Family: MLS #12704119

Palos Park, IL, 60464
$ 5,000,000
Bedrooms5 Baths2.3 Sq 9,100

Monthly Estimate*

$ 31,571

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Single Family Home for sale in Palos Park, IL

for $5,000,000 with 5 bedrooms and 2 full baths, 3 half baths. This 9,100 square foot home was built in 1975 on a lot size of 2.12.

There are homes that impress with their size, and there are homes that leave a lasting impression because of how they feel. Set on more than two lakefront acres in prestigious Old Palos Park in unincorporated Cook County, this custom-built estate offers over 9,000 square feet of beautifully crafted living space where timeless architecture, exceptional craftsmanship, and breathtaking water views come together in perfect harmony. The kitchen serves as the centerpiece of the home, thoughtfully designed with custom cabinetry, premium stone countertops, an oversized center island, high-end appliances, and its own fireplace. Open to the surrounding living spaces, it offers an inviting setting for everything from quiet mornings to large family gatherings. The residence offers five generously sized bedrooms, including a luxurious primary suite that serves as a private retreat. The suite features its own fireplace, a spa-inspired bathroom with an oversized walk-in shower, freestanding soaking tub, and an exceptional custom walk-in closet complete with built-in cabinetry and a center island. An executive office with a fireplace provides an elegant work-from-home environment with beautiful views. Designed for both grand entertaining and comfortable everyday living, the home features six interior fireplaces plus a stunning outdoor fireplace overlooking the lake. The expansive walkout lower level, completely redesigned and renovated in 2026, provides exceptional additional living space with multiple recreation areas, custom built-ins, a wet bar, a full bathroom, storage rooms, and flexible rooms ideal for a home theater, fitness area, guest accommodations, or additional office space. Outdoor living is equally impressive. Stone terraces, manicured lawns, mature trees, and direct lake frontage create a private resort-like setting rarely found in the Chicagoland area. Whether enjoying morning coffee overlooking the water, entertaining around the outdoor fireplace, or simply taking in the peaceful surroundings, every outdoor space has been designed to maximize the property's exceptional location. Car collectors and hobbyists will appreciate the abundance of garage space, including a detached four-car garage and two additional attached two-car garages, providing parking for up to eight vehicles along with ample storage and workshop possibilities. This remarkable estate offers a rare combination of luxury, privacy, craftsmanship, and natural beauty. With over 9,000 square feet of living space, a completely renovated walkout lower level completed in 2026, six interior fireplaces, spectacular lake views, and an irreplaceable location in Old Palos Park, it represents a truly exceptional opportunity to own one of the area's finest waterfront residences. Some homes are large, some are luxurious, and a few make you forget you're still within reach of Chicago. This one appears determined to do all three.

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Single Family Active

Price

$ 5,000,000

Bedrooms

5

Full Bath

2

Half Bath

3

Property Type

Single Family

Taxes

$ 16,946

Style

Lot Size

2.12

Year Built

1975

Town/City

Palos Park

County/Region

Cook

MLS | Web ID

12704119

Features
General
Living Area 9100
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Double Oven Microwave Dishwasher High End Refrigerator Stainless Steel Appliance(s) Cooktop
Garage Spaces 8
Association Fee Includes None
Construction Materials Marble/Granite
Year Built 1975
Township Palos
Tax Year 2023
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 12
Full Baths 2
Status New
Directions 127th west to 84th south to property west
City Palos Park
High School District 230
MLS Area Palos Park
Tax Annual Amount 16946
Standard Status Active
Middle/Junior School District 118
Elementary School District 118
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Interior
Basement None
Total Fireplaces 6
Half Baths 3
Total Bedrooms 5
Room Type Bedroom 5 Office Recreation Room Game Room
Total Baths 5
Bedrooms Possible 5
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Exterior
Parking Features Yes Garage Owned Attached Detached Garage
Water Source Lake Michigan
Total Parking 8
Lot Dimensions 92347
Lot Size Acres 2.12
Waterfront Y/N Y
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* Excluded Features
List By
Re/Max Millennium

Broker

sruoga@gmail.com

Email

Affordability Calculator

$32,983
Per Month
96%
4%
0%
Monthly Principal & Interest
$31,571
Monthly Property Taxes
$1,412
Monthly 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
566042 Elementary School
566918 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$5,000,000 Listed Price

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