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$125,000
Property Description
Prime Vacant Land in Sought-After Palos Park Excellent opportunity to own a beautiful parcel of land in the highly desirable community of Palos Park. This property offers an ideal setting to build your dream home or invest in future development. Situated in a peaceful and scenic area known for its natural beauty and upscale residential character, the lot provides a rare blend of privacy and convenience. Enjoy close proximity to major roadways, shopping, dining, and top-rated schools, all while being surrounded by mature trees and a tranquil atmosphere. Whether you're a builder, investor, or homeowner looking to create a custom residence, this property offers exceptional potential. Utilities may be available nearby (buyer to verify), adding to the overall development appeal. Additional opportunity: The adjacent parcel at 8802 W 131st St is also available for sale, offering the potential to expand your project, increase privacy, or create a larger estate setting. Don't miss this chance to secure land in one of the most desirable areas in the southwest suburbs.
Full Property Details
Full Property Details for 8806 W 131st St
General
- Price: $125,000
- Taxes: $3,343 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12630266
- Updated: 5/5/2026
- Added to Site: 32 day(s) ago
Additional Information
- Other Features: Commuter Train
Location
- Area: Palos Park
- County: Cook
- Township: Palos
- Driving Directions: 131St St., East on Southwest Highway, east of Railroad Bridge
School Information
- School District: 118
- Elem School District: 118
- Midd School District: 118
- High School District: 230
Utilities
- Onsite: Sewer Connected, Water Available
Structural Information
- Current Bldg. Use: Single Family
Lot Features
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 372 x 454 x 209 x 20 x 162
- Frontage: Public Road
- Frontage Feet: 126
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,343
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 23342020150000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 8806 W 131st St
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 | 2.1 mi |
Palos South Middle School 13100 South 82nd Avenue, Palos Park, IL 60464 | 6-8 | 0.8 mi |
Amos Alonzo Stagg High School 8015 West 111th Street, Palos Hills, IL 60465 | 9-12 | 2.5 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 8806 W 131st St
Date
Details
Price
Change
Source
4/27/2026
Listed
$125,000
51.52%
MLS
7/09/2019
Sold
$82,500
—
Public Record
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 8806 W 131st St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,196
—
$12,722
—
2023
$3,196
-7%
$12,721
15%
2022
$3,451
8%
$11,025
—
2021
$3,205
4%
$11,025
—
2020
$3,089
12%
$11,025
8%
2019
$2,766
3%
$10,177
—
2018
$2,685
3%
$10,177
—
2017
$2,602
10%
$10,177
20%
2016
$2,357
1%
$8,481
—
2015
$2,330
1%
$8,481
—
2014
$2,303
7%
$8,481
—
2013
$2,157
4%
$8,481
—
2012
$2,083
—
$8,481
—
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 8806 W 131st St
8806 W 131st Street, Palos Park, IL 60464 (MLS# 12630266) is a Lots/Land property with a lot size of acres. 8806 W 131st Street is currently listed for $125,000 and was received on April 27, 2026. This property is listed by Manhal Rabadi from our Southwest Office.Want to learn more about 8806 W 131st Street? Do you have questions about finding other Lots/Land 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.

