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$375,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 2,248 Sq. Ft.
  • 2 Car Garage
  • Updated 11 days ago
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Fantastic opportunity to own a large piece of land in Palos Park!!! This acre + parcel currently has a cape cod/raised ranch style home with 4 bedrooms a full bathroom as well as a half bathroom. Hardwood floors throughout most of the main level. Living room with wood burning fireplace adjacent to the formal dining room and large eat-in kitchen with neighboring family room. Main floor has a primary bedroom and 2nd bedroom as well. The upper level has 2 more bedrooms. One currently being used as a den with a 5' x 5' walk-in-closet. Plus an attic storage area. The home has custom wood doors and high end hardware. The full basement boasts a large family room, a large laundry room with a walk-out door to the yard, plus a workshop room. Tons of storage space. The 2-car detached garage consists of an office that is 10' x 20', but could be converted into a 3-car garage. There are sheds also for additional outside storage and a swing set in the yard. This parcel of land is ideal for outside summer gatherings with the massive multi area wrap around deck. If this home isn't to your liking, then consider buying it to build your custom dream home. Check out the photos of the neighboring homes being built right next door. Some upgrades include newer vinyl windows, a high efficency furnace installed in 2023 and a new roof installed in 2023. Hot water tank is from 2009. Upgraded electrical panel as well. House is being sold as an estate sale and As-Is. Close to reastuarants, shopping and more. Lot Dimensions are 164' x 279'

Full Property Details for 8702 W 131st St

General

  • Price: $375,000
  • Taxes: $9,318 (2023)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12520260
  • Updated: 1/6/2026
  • Added to Site: 59 day(s) ago

Interior

  • Basement: Partially
  • Interior Features: 1st-Floor Bedroom, Separate Dining Room, Replacement Windows, Workshop
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Range Hood
  • Flooring: Hardwood, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Parking

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

Location

  • Area: Palos Park
  • County: Cook
  • Township: Palos
  • Driving Directions: From La Grange Road go east on 131st Street. About 1 mile east of La Grange Road on norht side of street

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: None

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Cape Cod
  • Architectural Style: Cape Cod
  • Construction: Vinyl Siding, Stone
  • Exterior Const.: Vinyl Siding, Stone
  • Basement: Yes
  • Basement Desc.: Partially Finished, Exterior Entry, Storage Space, Full, Walk-Out Access
  • Roof: Asphalt
  • Sub-Flooring: Hardwood, Carpet
  • Square Feet: 2,248
  • Sq. Ft. Source: Appraiser
  • Year Built: 1918
  • Built Before 1978: Yes

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 164 x 279

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1918
  • Tax Amount: $9,318
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 23351030240000

Listed by REMAX Legends

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— 8702 W 131st St —

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NMLS#: 1598647

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

Schools serving 8702 W 131st St

School Districts:Consolidated High School District 230, Palos Community Consolidated School District 118
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
6-80.6 mi
Amos Alonzo Stagg High School
8015 West 111th Street, Palos Hills, IL 60465
9-122.5 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 8702 W 131st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$375,000
-3.6%
MLS
11/19/2025
Listed
$389,000
—
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 8702 W 131st St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,318
27%
$43,999
51%
2022
$7,343
7%
$29,109
—
2021
$6,833
3%
$29,109
—
2020
$6,645
-13%
$29,109
-15%
2019
$7,599
3%
$34,055
—
2018
$7,377
3%
$34,055
—
2017
$7,173
-4%
$34,055
6%
2016
$7,502
2%
$32,027
—
2015
$7,389
1%
$32,027
—
2014
$7,323
-3%
$32,027
-9%
2013
$7,556
3%
$35,029
—
2012
$7,321
—
$35,029
—
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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8702 W 131st Street, Palos Park, IL 60464 (MLS# 12520260) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 8702 W 131st Street is currently listed for $375,000 and was received on November 19, 2025. Want to learn more about 8702 W 131st Street? 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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