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$920,000   Price Analysis
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7801 W 111th St
Palos Hills, IL 60465
Unknown bed 0 bath unknown SqFt ($0/SqFt)
2.1 acre lot.
Listed 2024-03-25, Taxes $7,376
Ⓧ USDA Ineligible
due to property

near Palos Hills

2.1 acres of Vacant Proprty large enough for a Strip Center on front 151' with a secondary project on the back west end of the property or townhomes.

This pad is perfect for a major fast food franchise that needs lots of parking. It also has potential for a 20+ unit townhome development. Currently 2 homes on the land with decent income. A RARE OPPORTUNITY TO DEVELOP NEAR PALOS HILLS' BUSIEST INTERSECTION!

Down the street from Moraine Valley Community College and STAGG HS. 2 PIN #s 23-24-100-151 and 23-24-100-152 Check additional documents for more info.


Presented by Stan Latek at
Prospect Equities Real Estate.


Property MLS #12013099 from MRED

Total Bathrooms: 0

Yes

Additional Parcels Description: 23241001520000
Additional Parcels: Yes
Lot Size Acres: 2.1
Lot Size Dimensions: 151X226X76X237X231X461
Lot Size Square Feet: 91476

Frontage Length: 151
Frontage Type: City Street
Road Surface Type: Asphalt

Driveway: Asphalt, Shared, Side Drive

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Palos East Elementary School
Elementary School District: 118
High School: Amos Alonzo Stagg High School
High School District: 230

Amos Alonzo Stagg High School is a public high school located approximately 0.4 miles away.
directions icon Map directions

Palos East Elementary School is a public elementary school located approximately 1.9 miles away.
directions icon Map directions

Palos South Middle School is a public middle school located approximately 2.6 miles away.
directions icon Map directions

Koraes Elementary School is a private elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Annual Tax Amount: 6740.00
Source Listing Status: Active
County: Cook
Current Use: Single Family
Directions: La Grange Rd to 111th St. East on 111th to home on south side of the street, just west of Southwest HWY
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Land
Possible Use: Office and Research, Retail, Zoning Change Required
Parcel Number: 23241001510000
Township: Palos
Zoning: SINGL
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$8,746 + $16,681
$25,427
$7,376
2020$12,956 + $16,681
$29,637
$8,291
2019$12,110 + $14,827
$26,937
$7,351
2018$12,110 + $14,827
$26,937
$6,995
2017$12,110 + $14,827
$26,937
$6,812
2016$9,421 + $12,974
$22,395
$6,121
2015$9,421 + $12,974
$22,395
$6,049
2014$10,240 + $12,974
$23,214
$6,195
2013$7,022 + $12,974
$19,996
$4,988
2012$7,022 + $12,974
$19,996
$4,807
2011$7,022 + $12,974
$19,996
$4,552
2010$14,075 + $12,974
$27,049
$5,638
2009$15,060 + $12,974
$28,034
$5,846
2007$14,287 + $11,862
$26,149
$5,085
2006$14,287 + $11,862
$26,149
$4,995

Listed 2024-03-25
$920,000
MRED
Listing removed 2024-03-21
$920,000
MRED
Listing removed 2023-08-03
$450,000
MRED
Listed 2023-07-20
$920,000
MRED
Listing removed 2023-04-16
$920,000
MRED
Listed 2023-01-13
$920,000
MRED
Listing removed 2022-03-29
$780,000
MRED
Sold 2020-09-24
$117,500
Public Record
Sold 2020-07-23
$117,500
MRED
Price Changed 2020-04-19
$249,500
MRED
Price Changed 2020-01-15
$299,000
MRED
Listed 2019-12-09
$340,000
MRED

Electric to Site
Gas to Site
Water to Site
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.