12314 S 88th Avenue, Palos Park, IL 60464 - Photo 1

1/1

$240,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
1,075 Sq. Ft.
2.5 Car Garage
Updated 10 days ago

1/1

Property Description

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.

Full Property Details

Full Property Details for 12314 S 88th Ave

General

Sold For: $240,000
Taxes: $7,745 (2024)
Status: Closed
Type: Single Family
Source: MRED
MLS ID: 12555801
Added to Site: 129 day(s) ago

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
Driving Directions: 123rd St ( McCarthy Rd ) to 88th Ave, South to property

School Information

School District: 118
Midd School District: 118
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

Water: Well

Structural Information

Construction: Stucco
Exterior Const.: Stucco
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: $7,745
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Property ID: 23274050270000

Listed by Re/Max Millennium
Sold by Re/Max 10

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— 12314 S 88th Ave —

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Schools

Schools serving 12314 S 88th Ave

School Districts:Palos Community Consolidated School District 118, Consolidated High School District 230

Name	Grades	Distance
Palos West Elementary School 12700 South 104th Avenue, Palos Park, IL 60464	PK-5	2.1 mi
Palos South Middle School 13100 South 82nd Avenue, Palos Park, IL 60464	6-8	1.3 mi
Amos Alonzo Stagg High School 8015 West 111th Street, Palos Hills, IL 60465	9-12	1.7 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 12314 S 88th Ave

Date

Details

Price

Change

Source

5/22/2026

Sold

$240,000

-4%

MLS

2/16/2026

Price Reduced

$249,991

-1.96%

MLS

2/04/2026

Price Reduced

$255,000

-1.54%

MLS

1/27/2026

Listed

$259,000

—

MLS

Disclaimer: Historical sales 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# 12555801) is a Single Family property that was sold at $240,000 on May 22, 2026. 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.

12314 S 88th Ave Palos Park, IL 60464