7801 West 111th Street

Palos Hills, IL 60465

$920,000
Price
91,476 / 2.1
Lot Size / Acres

Description

2.1 acres of Vacant Property large enough for a Strip Center on front 151' with a secondary project on the back west end of the property or townhomes. This pad is perfect for a major fast food franchise that needs lots of parking. It also has potential for a 20+ unit townhome development. Currently 2 homes on the land with decent income. A rare opportunity to develop near palos hills' busiest intersection! Down the street from Moraine Valley Community College and STAGG HS. 2 PIN #s 23-24-100-151...2.1 acres of Vacant Property large enough for a Strip Center on front 151' with a secondary project on the back west end of the property or townhomes. This pad is perfect for a major fast food franchise that needs lots of parking. It also has potential for a 20+ unit townhome development. Currently 2 homes on the land with decent income. A rare opportunity to develop near palos hills' busiest intersection! Down the street from Moraine Valley Community College and STAGG HS. 2 PIN #s 23-24-100-151 and 23-24-100-152 Check additional documents for more info.
  1. Listed by Stan Latek • Prospect Equities Real Estate

Property Details for 7801 West 111th Street

Area
Palos Hills
Township
Palos
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
SINGL

Location

Listing Courtesy of Prospect Equities Real Estate
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LISTING UPDATED: 03/31/2024 12:06 AM

Property Details for 7801 West 111th Street

StatusActive
MLS #12013099
Days on Market50
Taxes$6,740 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size2.10 AC
CountyCook County

Location

Listing Courtesy of Prospect Equities Real Estate
Add your commute

Building Information for 7801 West 111th Street

Lot Size2.10 AC

Payment Calculator

$5,582 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,021

Property Taxes

$562

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7801 West 111th Street

General Information
School Information
  • Elementary School District: 118
  • Elementary School: Palos East Elementary School
  • Jr High Middle School: Palos South Middle School
  • High School District: 230
  • High School: Amos Alonzo Stagg High School
  • Middle Or Junior School District: 118
Location and General Information
  • Frontage Length: 151
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water to Site
Property/Lot Information
  • Lot Size: 2.0-2.99 Acres
  • Lot Dimensions: 151X226X76X237X231X461
  • Buildings on Land: Yes
  • Waterfront: No
  • Driveway: Asphalt,Shared,Side Drive
  • General Information: None
Property and Assessments
  • Possible Use: Office and Research, Retail, Zoning Change Required
  • Public Document Count: 1
  • Document Date: 2024-03-26T13:50:59
  • Photos Count: 4
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Single Family
  • Location: Central Business District
  • Road Surface: Asphalt
  • Total Listed Lots Avail: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 7801 West 111th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7801 West 111th Street

Taxable ValueLand$16,681Additions$8,746Total$25,427
Tax Record2022$7,909 ($659 / month)
Home Facts
Beds2Baths1Total Finished SqFt966 SqFtAbove Grade Finished SqFt966 SqFtStories1Lot Size74,139 SqFtStyleSingle Family ResidenceYear Built1955CountyCOOKAPN23-24-100-151

Schools near 7801 West 111th Street

This home is within Palos Central Consolidated School District 118.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Palos East Elementary School
PublicK to 5

Palos South Middle School
Public6 to 8

Amos Alonzo Stagg High School
Public9 to 12

Koraes Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7801 West 111th Street is a 2.1 ac of land for sale in Palos Hills, IL 60465. This property was listed for sale on March 25, 2024 by Prospect Equities Real Estate, it's currently listed at $920,000. It has been on the market for a total of 50 days and was last sold on July 23, 2020. This listing's school districts are Palos Central Consolidated School District 118, Cons Hsd 230 School District. Nearby schools include Palos East Elementary School, Palos South Middle School and Amos Alonzo Stagg High School. 7801 West 111th Street is a 0-bed, 0-bath, 2.1 ac of land on a 91,476 sq. ft. / 2.1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prospect Equities Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.