For Sale72d on marketHistoric · 110 yrs
12314 S 88th Ave
Palos Park, IL, 60464 • 60464 • Cook County
$249,991
$233/sqft
-$5,009 since Feb 16, 2026
Down payment assistance available
2Beds
1Baths
1,075Sqft
1916Built
Property DNA
Character Home
Built 1916 · 110 years of history
2.5-Car Garage
Gravel · Yes · Garage Owned · Detached · Garage
Market activity
Demand and pricing signals for this listing
87 views
People checking out this listing
2 saves
Buyers have saved this home
72 days on market
Established listing
$233/sqft
Price per square foot
About this home
Single Family · Built 1916 · Historic
This 2-bedroom, 1-bath ranch-style home sits on two lots and offers a rare opportunity to renovate or rebuild in one of the most desirable areas of Palos Park. The Value is mostly in LAND. The home needs major rehab-or start fresh and build your dream home. The sloping terrain is perfect for a walkout basement, providing great potential for expanded living space. Located within walking distance to the Palos Park Recreation Center, library, Plush Horse Ice Cream, and Metra station. Outdoor lovers will appreciate the proximity to scenic forest preserves and miles of bike trails, ideal for year-round enjoyment. Cash only or rehab loans buyers please. Whether you're an investor, builder, or visionary homeowner, this is your chance to bring new life to a beautiful, nature-rich location.
Standout features identified
Our analysis highlights sloping terrain and sits on two lots as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,634/month
Principal & Interest$1,300
Property Tax$250
Insurance$83
Down payment20% ($49,998)
3%50%
Est. 6.77% rate · 30yr fixed · $199,993 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1916
HeatingNatural Gas
CoolingNone
Parking2 Garage spaces
Days on Zillow72 Days
Price/sqft$233
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1916
Stories1
Systems
HeatingNatural Gas
CoolingNone
RoofAsphalt
ConstructionStucco
Water / SewerWell / Public Sewer
Parking & Outdoor
ParkingGravel, Yes, Garage Owned, Detached, Garage
Garage2.5 spaces
BasementUnfinished,Partial
Location & Tax
Neighborhood60464
Annual tax$7,745
Parcel2327405027
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Heating
Natural Gas
Cooling
None
Accessibility
No Disability Access
Exterior Features
Parking
Gravel
Yes
Garage Owned
Detached
Garage
Construction
Stucco
Lot Features
Irregular Lot
Wooded
Mature Trees
Room details
19 rooms detailed
Master Bedroom
Main11×13 ft143 sqft
Bedroom2
Main10×12 ft120 sqft
Bedroom3
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market72
Est. value$240,600
Est. rent$2,135/mo
Tax rate1.99%
Price/sqft$233
On marketJan 27, 2026
PostedJan 27, 2026
MLS statusContingent
MLS updatedFeb 22, 2026
Tour days6
Views87
Favorites2
How are the schools in Palos Park?
3 schools rated nearby
Location
Palos Park, IL, 60464
Price history
12 events
DateEventPrice$/sqftSource
Feb 22, 2026Contingent$249,991$233MRED as distributed by MLS GRID
Feb 16, 2026Price Change$249,991$233MRED as distributed by MLS GRID
Feb 4, 2026Price Change$255,000$237MRED as distributed by MLS GRID
Jan 27, 2026Listed For Sale$259,000$241MRED as distributed by MLS GRID
Jan 27, 2026Listing Removed$279,991$260MRED as distributed by MLS GRID
Jan 4, 2026Price Change$279,991$260MRED as distributed by MLS GRID
Nov 18, 2025Price Change$285,991$266MRED as distributed by MLS GRID
Oct 7, 2025Listed For Sale$289,000$269MRED as distributed by MLS GRID
Oct 7, 2025Listing Removed$299,000$278MRED as distributed by MLS GRID
Aug 29, 2025Price Change$299,000$278MRED as distributed by MLS GRID
Jul 10, 2025Price Change$299,991$279MRED as distributed by MLS GRID
Jun 22, 2025Listed For Sale$319,000$297MRED as distributed by MLS GRID
Contingent$249,991
Feb 22, 2026•$233/sqft•MRED as distributed by MLS GRID
Price Change$249,991
Feb 16, 2026•$233/sqft•MRED as distributed by MLS GRID
Price Change$255,000
Feb 4, 2026•$237/sqft•MRED as distributed by MLS GRID
Listed For Sale$259,000
Jan 27, 2026•$241/sqft•MRED as distributed by MLS GRID
Listing Removed$279,991
Jan 27, 2026•$260/sqft•MRED as distributed by MLS GRID
Price Change$279,991
Jan 4, 2026•$260/sqft•MRED as distributed by MLS GRID
Price Change$285,991
Nov 18, 2025•$266/sqft•MRED as distributed by MLS GRID
Listed For Sale$289,000
Oct 7, 2025•$269/sqft•MRED as distributed by MLS GRID
Listing Removed$299,000
Oct 7, 2025•$278/sqft•MRED as distributed by MLS GRID
Price Change$299,000
Aug 29, 2025•$278/sqft•MRED as distributed by MLS GRID
Price Change$299,991
Jul 10, 2025•$279/sqft•MRED as distributed by MLS GRID
Listed For Sale$319,000
Jun 22, 2025•$297/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2023$6,796$31,000
Apr 10, 2022$4,866$19,587
Apr 10, 2021$4,537$19,587
Apr 10, 2020$5,268$19,587
Apr 10, 2019$3,530$13,534
Apr 10, 2018$3,426$13,534
Apr 10, 2017$3,322$13,534
Apr 10, 2016$2,999$11,253
Apr 10, 2015$2,966$11,253
Apr 10, 2014$2,932$11,253
Apr 10, 2013$3,787$15,525
Apr 10, 2012$2,649$15,525
Apr 10, 2011$2,633$15,525
Apr 10, 2010$2,166$24,454
Apr 10, 2009$2,116$24,454
Apr 10, 2008$2,179$25,742
Apr 10, 2007$2,435$23,178
Apr 10, 2006$2,542$23,178
Apr 10, 2005$2,543$23,178
Apr 10, 2004$2,884$18,768
Apr 10, 2003$3,038$18,768
Apr 10, 2002$2,986$18,768
Apr 10, 2001$2,681$16,318
Apr 10, 2000$2,645$16,318
Apr 10, 1999$2,209$16,318
Nearby homes
Neighborhood details
Local context around this listing
Palos Park, IL • Cook County
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60464
Similar homes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
No obligation · Same-day response