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Property Description
Welcome to 13050 Terrace Drive. A Lake Maria condominium in beautiful Palos Park! This spacious freshly decorated second-floor condominium offers over 1,950 square feet of comfortable, single-level living, featuring two bedrooms and two full bathrooms including primary bath, granite countertops and custom cabinets.Nestled in a beautiful, serene setting, this home offers picturesque lake views and exceptional privacy. The absolute premier location in the entire subdivision. Enjoy the peaceful surroundings and natural beauty of this desirable location while experiencing the convenience of condominium living. Minutes to shopping and schools. A wonderful opportunity to enjoy spacious living in a tranquil, private setting!
Full Property Details
Full Property Details for 13050 Terrace Dr #0
General
- Price: $339,000
- HOA FEE: $342/month
- Taxes: $4,268 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12780233
- Updated: 10/8/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: None
- Interior Features: Vaulted Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath, Flexicore, Walk-In Closet(s), Granite Counters
- Flooring: Hardwood, Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Whirlpool, Separate Shower
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 6
- Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: Palos Park
- County: Cook
- Township: Palos
- Driving Directions: US-12/US-20/US-45-/LaGRANGE RD TO 131ST ST WEST TO MILL RD LEFT ON TERRACE CT LEFT ON TERRACE DR
School Information
- School District: 118
- Elem School District: 118
- Midd School District: 118
- High School District: 230
- Elementary School: Palos West Elementary School
- Middle School: Palos South Middle School
- High School: Amos Alonzo Stagg High School
- Private School: Amos Alonzo Stagg High School
Community
- Assoc. Fees Include: Parking, Lawn Care, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 50lbs.
- Mgmt. Company: ALLIANCE PROPEERTY MANAGEMENT
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Roof: Asphalt
- Windows: Skylight(s), Window Treatments
- Sub-Flooring: Hardwood, Carpet, Wood
- Entry Floor Number: 2
- Stories/Levels: 1
- Square Feet: 1,950
- Sq. Ft. Source: Builder
- Year Built: 1989
- Remodeled/Updated: 2015
Unit Information
- Units in Building: 4
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Cats OK, Dogs OK
Water Features
- Water Front: Yes
- Water Front Name: LAKE MARIA
- Water Front View: Back of Property
Financial Considerations
- Association Fee: $342
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1989
- Tax Amount: $4,268
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 23332100181002
Listed by Baird & Warner
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Schools
Schools serving 13050 Terrace Dr #0
School Districts:Consolidated High School District 230, Palos Community Consolidated School District 118
| Name | Grades | Distance |
|---|---|---|
Palos West Elementary School 12700 South 104th Avenue, Palos Park, IL 60464 | PK-5 | 0.9 mi |
Palos South Middle School 13100 South 82nd Avenue, Palos Park, IL 60464 | 6-8 | 2 mi |
Carl Sandburg High School 13300 LaGrange Road, Orland Park, IL 60462 | 9-12 | 0.3 mi |
Amos Alonzo Stagg High School 8015 West 111th Street, Palos Hills, IL 60465 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 13050 Terrace Dr #0
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,949
—
$23,659
—
2023
$3,949
26%
$23,658
34%
2022
$3,133
7%
$17,599
—
2021
$2,941
—
$17,599
—
2020
$2,936
12%
$17,599
2%
2019
$2,610
3%
$17,181
—
2018
$2,532
2%
$17,181
—
2017
$2,483
-21%
$17,181
-1%
2016
$3,152
3%
$17,275
—
2015
$3,067
—
$17,275
—
2014
$3,058
7%
$17,275
—
2013
$2,850
2%
$17,298
—
2012
$2,798
—
$17,298
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 13050 Terrace Dr #0
13050 Terrace Drive #0, Palos Park, IL 60464 (MLS# 12780233) is a Condo property with 2 bedrooms and 2 full bathrooms. 13050 Terrace Drive #0 is currently listed for $339,000 and was received on October 08, 2026. Want to learn more about 13050 Terrace Drive #0? Do you have questions about finding other Condo 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.

