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$1,799,000
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Property Description
Welcome to this one-of-a-kind custom ranch estate located on a private street, offering around 11,000 sq ft of beautifully designed living space. Every part of this home shows quality, comfort, and style. The open layout flows easily from room to room, filled with natural light and featuring high-end finishes, custom woodwork, and heated floors throughout. The spacious bedrooms are thoughtfully designed, each with walk-in closets for ample storage. The kitchen is a true centerpiece, featuring an oversized island, granite countertops, custom cabinets, and top-quality appliances-perfect for cooking, dining, and entertaining. This home feels like your own private resort, with an indoor pool, full bar, game rooms, theater room, plus racquetball/pickleball/volleyball court, or other activity you desire. Oversized heated garage with plenty of space for your vehicles, extra storage, and all your needs. Step outside to a peaceful, professionally landscaped yard that offers privacy. Conveniently located near top-rated schools, forest preserves, scenic trails, and Metra access to downtown Chicago. This isn't just a place to live-it's a place to live well, so schedule your private tour today and feel what it's like to truly come home.
Full Property Details
Full Property Details for 50 Elizabeth Ln
General
- Price: $1,799,000
- HOA FEE: $33/month
- HOA FEE FREQ.: Annually
- Taxes: $23,565 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12588003
- Updated: 3/16/2026
- Added to Site: 49 day(s) ago
Interior
- Basement: Finished, F
- Interior Features: Vaulted Ceiling(s), Dry Bar, 1st-Floor Bedroom, Built-in Features, Walk-In Closet(s), Open Floorplan, Special Millwork, Granite Counters, Separate Dining Room, Pantry
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Basement, Wood-Burning, Gas Starter, Masonry
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Humidifier
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Basement Baths: Yes
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 5
- Bedrooms(Blw Grade): 1
Additional Information
- Equipment: Central Vacuum, Security System, Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Lawn Sprinkler, Backup Sump Pump, Generator
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Concrete, Garage Door Opener, Heated Garage, Yes, Attached, Garage
Location
- Area: Palos Park
- County: Cook
- Township: Palos
- Driving Directions: East of Wolf Rd on McCarty Rd to Post Rd
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
Community
- Assoc. Fees Include: Snow Removal
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Natural Gas, Forced Air, Radiant, Zoned, Radiant Floor
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Window Treatments, Drapes
- Sub-Flooring: Carpet
- Square Feet: 11,000
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 2004
Lot Features
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 209 x 252 x 354 x 161
- Lot Features: Cul-De-Sac
Financial Considerations
- Association Fee: $400
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 2004
- Tax Amount: $23,565
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 23293020540000
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Schools
Schools serving 50 Elizabeth Ln
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 | 0.5 mi |
Palos South Middle School 13100 South 82nd Avenue, Palos Park, IL 60464 | 6-8 | 3.3 mi |
Amos Alonzo Stagg High School 8015 West 111th Street, Palos Hills, IL 60465 | 9-12 | 3.9 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 50 Elizabeth Ln
Date
Details
Price
Change
Source
3/10/2026
Listed
$1,799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 50 Elizabeth Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$23,565
10%
$95,999
34%
2022
$21,490
8%
$71,404
—
2021
$19,927
4%
$71,404
—
2020
$19,205
-5%
$71,404
-8%
2019
$20,209
3%
$77,478
—
2018
$19,612
3%
$77,478
—
2017
$19,020
-5%
$77,478
3%
2016
$20,103
1%
$75,433
—
2015
$19,880
1%
$75,433
—
2014
$19,651
6%
$75,433
-1%
2013
$18,505
4%
$75,855
—
2012
$17,866
—
$75,855
—
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 50 Elizabeth Ln
50 Elizabeth Lane, Palos Park, IL 60464 (MLS# 12588003) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 50 Elizabeth Lane is currently listed for $1,799,000 and was received on March 10, 2026. Want to learn more about 50 Elizabeth Lane? 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.

