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$575,000 Just Listed
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Property Description
Outstanding commercial land opportunity in a highly visible location! This vacant parcel offers excellent potential for a variety of business, office, retail, or service-related uses, subject to village approval. Located along a well-traveled corridor with strong exposure and convenient access to surrounding residential communities, shopping, schools, parks, and major roadways. A great opportunity for an owner-user, investor, developer, or business looking to establish a presence in a desirable area. Buyer to verify zoning, permitted uses, utilities, traffic/access requirements, curb-cut approval, setbacks, site-plan requirements, and buildability with the village.
Full Property Details
Full Property Details for 9520 131st St
General
- Price: $575,000
- Taxes: $2,574 (2025)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12708526
- Updated: 7/18/2026
- Added to Site: 3 day(s) ago
Location
- Area: Palos Park
- County: Cook
- Township: Palos
- Driving Directions: SW Hwy to 131st street
School Information
- School District: 118
- Elem School District: 118
- Midd School District: 118
- High School District: 230
Utilities
- Onsite: Water Available
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 100 x 300
- Frontage: City Street
- Frontage Feet: 100
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $2,574.61
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 23341000220000
Listed by KABS Realty INC
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Schools
Schools serving 9520 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 | 1.3 mi |
Palos South Middle School 13100 South 82nd Avenue, Palos Park, IL 60464 | 6-8 | 1.6 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 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 9520 131st St
Date
Details
Price
Change
Source
7/18/2026
Listed
$575,000
82.54%
MLS
11/09/2004
Sold
$315,000
—
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 9520 131st St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,463
—
$10,036
—
2023
$2,463
-18%
$10,035
—
2022
$3,020
8%
$10,035
—
2021
$2,800
4%
$10,035
—
2020
$2,699
34%
$10,035
30%
2019
$2,013
3%
$7,719
—
2018
$1,954
3%
$7,719
—
2017
$1,895
-8%
$7,719
—
2016
$2,057
1%
$7,719
—
2015
$2,034
1%
$7,719
—
2014
$2,011
7%
$7,719
—
2013
$1,883
4%
$7,719
—
2012
$1,818
—
$7,719
—
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 9520 131st St
9520 131st Street, Palos Park, IL 60464 (MLS# 12708526) is a Lots/Land property with a lot size of acres. 9520 131st Street is currently listed for $575,000 and was received on July 18, 2026. Want to learn more about 9520 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.

