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$279,991

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,075 Sq. Ft.
  • 2.5 Car Garage
  • Updated 7 days ago
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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 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.

Full Property Details for 12314 S 88th Ave

General

  • Price: $279,991
  • Taxes: $8,017 (2023)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12489683
  • Updated: 1/10/2026
  • Added to Site: 103 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Other Features: School Bus Service, Commuter Train

Parking

  • Garage: Yes
  • Garage Spaces: 2.5
  • Total Spaces: 2
  • Parking Features: Gravel, Yes, Garage Owned, Detached, Garage

Location

  • Area: Palos Park
  • County: Cook
  • Township: Palos
  • Driving Directions: 123rd St ( McCarthy Rd ) to 88th Ave, South to property

School Information

  • School District: 118
  • Elem School District: 118
  • Midd School District: 118
  • High School District: 230
  • High School: Amos Alonzo Stagg High School
  • Private School: Amos Alonzo Stagg High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Well

Structural Information

  • Construction: Stucco
  • Exterior Const.: Stucco
  • Basement: Yes
  • Basement Desc.: Unfinished, Partial
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Square Feet: 1,075
  • Sq. Ft. Source: Assessor
  • Year Built: 1916
  • Built Before 1978: Yes

Lot Features

  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 51 x 40 x 73 x 120 x 51 x 199
  • Lot Features: Irregular Lot, Wooded, Mature Trees

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1916
  • Tax Amount: $8,017.02
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 23274050270000

Listed by Re/Max Millennium

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— 12314 S 88th Ave —

  • Re/Max Millennium

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 12314 S 88th Ave

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-51.4 mi
Palos South Middle School
13100 South 82nd Avenue, Palos Park, IL 60464
6-81.3 mi
Amos Alonzo Stagg High School
8015 West 111th Street, Palos Hills, IL 60465
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12314 S 88th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/04/2026
Price Reduced
$279,991
-2.1%
MLS
11/18/2025
Price Reduced
$285,991
-1.04%
MLS
10/06/2025
Listed
$289,000
—
MLS
Get Price Alerts and Save Property
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 12314 S 88th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$611
-36%
$2,487
-21%
2022
$948
8%
$3,150
—
2021
$879
4%
$3,150
—
2020
$847
15%
$3,150
12%
2019
$735
3%
$2,819
—
2018
$714
3%
$2,819
—
2017
$692
12%
$2,819
21%
2016
$619
1%
$2,321
—
2015
$612
1%
$2,321
—
2014
$605
7%
$2,321
—
2013
$566
3%
$2,321
—
2012
$547
—
$2,321
—
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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12314 S 88th Avenue, Palos Park, IL 60464 (MLS# 12489683) is a Single Family property with 2 bedrooms and 1 full bathroom. 12314 S 88th Avenue is currently listed for $279,991 and was received on October 06, 2025. Want to learn more about 12314 S 88th Avenue? Do you have questions about finding other Single Family real estate for sale in Palos Park? You can browse all Palos Park real estate or contact a Coldwell Banker agent to request more information.

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