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$289,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,400 Sq. Ft.
  • 1 Car Garage
  • Updated 1 hour ago

Next open house:

Open House: 1:00 PM - 3:00 PM

Saturday 4/11 1:00 PM - 3:00 PM

12642 S London Lane #2,Palos Heights, IL 60463

12642 S London Lane #2Palos HeightsIL60463

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  • Open House: 11:00 AM - 1:00 PM

    Sunday 4/12 11:00 AM - 1:00 PM

    12642 S London Lane #2,Palos Heights, IL 60463
    12642 S London Lane #2Palos HeightsIL60463
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Rarely available first-floor 3-bedroom condo that feels like ranch style home in Somerset-one of only two with this sought-after layout. This flexicore-built residence features an open, functional design with an eat-in kitchen and center island that flows seamlessly into the family room and combined living/dining area. The family room offers a natural fireplace and direct access to a private patio and beautifully landscaped 50-foot rear yard, while the living/dining space showcases hardwood flooring and a bright bay window. The primary suite includes a spacious walk-in closet and private bath with shower. Additional highlights include two full baths, crown molding throughout, a full-size in-unit laundry room, attached garage parking, a large storage closet, and extra parking behind the garage. New storm windows enhance comfort and efficiency, and the all-electric setup means no gas bill. Enjoy a private rear entry with convenient access to nearby walking and biking trails that connect to Lake Katherine and the adjacent forest preserve, offering opportunities for outdoor recreation and scenic surroundings. A well-maintained, intimate community setting enhances the overall appeal, and the rentable status provides flexibility for both homeowners and investors. Property taxes do not reflect any homeowner exemptions, presenting potential for future savings.

Full Property Details for 12642 S London Ln #2

General

  • Price: $289,000
  • HOA FEE: $345/month
  • Taxes: $5,210 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12615262
  • Updated: 4/11/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: None
  • Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Storage, Flexicore, Walk-In Closet(s), Open Floorplan
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Wood-Burning
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Storage
  • Other Features: School Bus Service, Commuter Train, Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Palos Heights
  • County: Cook
  • Township: Palos
  • Driving Directions: 127th St. West of Harlem past 76th Ave. to the Somerset Development

School Information

  • School District: 118
  • Elem School District: 118
  • Midd School District: 118
  • High School District: 230

Community

  • Assoc. Fees Include: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK, Number Limit, Size Limit
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 40lbs.
  • Mgmt. Company: Cambridge Management LLC

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo, Ground Level Ranch
  • Model: RANCH CONDO
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Common Walls: End Unit
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Square Feet: 1,400
  • Sq. Ft. Source: Other
  • Year Built: 1976
  • Built Before 1978: Yes
  • Remodeled/Updated: 2020

Unit Information

  • Units in Building: 3

Manufactured Home

  • Model: RANCH CONDO

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Common Grounds, Landscaped

Animals

  • Animals Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Financial Considerations

  • Association Fee: $345
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1976
  • Tax Amount: $5,210.06
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 23253001191028

Listed by RE/MAX 10 in the Park

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Schools serving 12642 S London Ln #2

School Districts:Palos Community Consolidated School District 118, Consolidated High School District 230
NameGradesDistance
Palos East Elementary School
7700 West 127th Street, Palos Heights, IL 60463
K-50.1 mi
Palos South Middle School
13100 South 82nd Avenue, Palos Park, IL 60464
6-80.9 mi
Amos Alonzo Stagg High School
8015 West 111th Street, Palos Hills, IL 60465
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12642 S London Ln #2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/10/2026
Listed
$289,000
65.14%
MLS
9/29/2004
Sold
$175,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12642 S London Ln #2

Year
Property Taxes
Change
Tax Assessment
Change
2023
$256
181%
$11,217
44%
2022
$91
-38%
$7,791
—
2021
$147
-50%
$7,791
—
2020
$295
-10%
$7,791
-10%
2019
$329
4%
$8,663
—
2018
$315
-50%
$8,663
—
2017
$626
-45%
$8,663
-7%
2016
$1,137
-3%
$9,278
—
2015
$1,176
79%
$9,278
—
2014
$656
-41%
$9,278
-2%
2013
$1,119
-38%
$9,477
—
2012
$1,806
—
$9,477
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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12642 S London Lane #2, Palos Heights, IL 60463 (MLS# 12615262) is a Condo property with 3 bedrooms and 2 full bathrooms. 12642 S London Lane #2 is currently listed for $289,000 and was received on April 10, 2026. Want to learn more about 12642 S London Lane #2? Do you have questions about finding other Condo real estate for sale in Palos Heights? You can browse all Palos Heights real estate or contact a Coldwell Banker agent to request more information.

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