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Palos Park Homes for Sale

Palos Park Real Estate Offers Beautiful Rural Living

Let’s be clear from the outset, homes for sale in Palos Park IL are probably the least diverse of all the south suburbs. It is the most affluent of all the surrounding towns so homes for sale tend to be on the expensive side. There are a few affordable sections but affordable is a relative term. Its history is rich and very different from other towns in the area.

Palos Park is 19 miles southwest of downtown Chicago. In the beginning farmers farmed flatter areas of Palos and used the wooded areas for lumber and fuel however, it’s purpose quickly changed with the construction of the railroad in 1883. This connected Palos Park il with downtown Chicago.

Because the town is surrounded on three sides by forests and hills it is naturally isolated and it became a retreat for artists, writers, retired theater performers. Many wealthy Chicago businessmen began building second homes in Palos Park to escape the daily hustle of Chicago. In fact Cook County began buying parcels of forested land surrounding the town ensuring its insulation and isolation.

Palos Park is relatively small in population holding steady at 4800+. This is mostly due to the fact that is landlocked by forest preserves and Orland Park to the southwest and Lemont to the west. This keeps real estate values high and limits new construction. New construction is mostly limited to tearing down older smaller homes to make way for large custom homes. Palos Park is home to some of the largest and most expensive real estate in the south suburbs. Just take a drive down 123rd Street east of LaGrange Rd. and you’ll get glimpses of truly magnificent executive home sites.

That isn’t to say you can’t find a relative bargain in Palos Park however with a median home value of $431,000 it is almost $100,000 higher than that of Frankfort another fairly affluent town. The subdivisions of Mill Creek and Sandburg Glen off of 131st and LaGrange Rd are the most affordable but if you take a drive through those neighborhoods you’ll begin to see evidence of improvements to the homes that were new 30 years ago. Subdivisions of Misty Harbor, Shadow Ridge and Ramsgate feature homes well north of $1,000,000 dollars.

How Is The Shopping In Palos Park 

Shopping in Palos Park is almost non-existent. There is some shopping along LaGrange Rd and 131st St. but you don’t move to Palos to shop. The great thing about Palos Park is that it is very close to the bustling communities of Orland Park and Palos Heights. Both have bustling commercial areas, which cater to every need. As we’ve done for several other historic businesses in other towns we must give a special shout out to the famous Plush Horse Ice Cream Shop. The Plush Horse has been serving homemade ice cream since 1937. It’s not uncommon for families to travel from Chicago or surrounding suburbs for a taste of this gourmet ice cream. It’s a Chicago gem.

How Are The Schools In Palos Park IL? 

District 118 serves Palos Park IL. The district is comprised of Palos East, Palos West and Palos South Junior High and all three are excellent. Their scores reflect what you would expect from a community with it’s resources. Stagg High School serves most of Palos Park’s teenage population however there are a few areas that can choose between Sandburg High School and Stagg High School. Both schools compete at the highest levels of sports and extracurricular activities and boast state of the art facilities.

Q & A About Palos Park Real Estate 

Q: Are there homes for rent in Palos Park Il?
A: For sure, however they tend to be on the expensive side and as soon as they enter the market they are quickly rented because of the desirability.

Q: Can you find townhomes for sale in Palos Park?
A: Yes. There are several older townhome developments in Palos Park. Once again they tend to be rather expensive and just like the older homes quite a few of the townhomes have been completely gutted and remodeled.

Q: Does Palos Park have condominiums for sale?
A: Yes but the availability and inventory is very limited.

Latest Palos Park Homes For Sale

70 Elizabeth Lane, Palos Park image
70 Elizabeth Lane, Palos Park $1,350,000

Completed in November 2020 Masterpiece! Luxury is the name of the game in this impressive NEW CONSTRUCTION masterpiece. Custom built prairie style home with stunning deta...

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  • 4 Beds
  • 5 Baths
  • MRD11003186 MLS
  • NEW Status
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116 Commons Drive, Palos Park image
116 Commons Drive, Palos Park $359,000 ▼

Lovely end unit in Phase 3 Commons ranch style townhouse with everything you need on the first floor; beautiful master suite with large master bath, jacuzzi tub, separat...

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  • 3 Beds
  • 3 Baths
  • MRD11002236 MLS
  • PRICE CHANGE Status
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8040 W 129Th Place, Palos Park image
8040 W 129Th Place, Palos Park $2,149,000

None

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  • 4 Beds
  • 7 Baths
  • MRD10994683 MLS
  • ACTIVE Status
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9850 Wild Cherry Lane, Palos Park $219,900

BUILD YOUR DREAM ON THIS PERFECT LOT, LOCATED IN KINVARRA HILLS SUBDIVISION. ALMOST ON ACRE BACKS UP TO A PRIVATE CREEK. ALL UTILITIES TO THE LOT, LAKE MICHIGAN WATER & S...

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  • MRD10994574 MLS
  • ACTIVE Status
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12516 S 83Rd Avenue, Palos Park image
12516 S 83Rd Avenue, Palos Park $595,000 ▼

Custom-built Ranch with a 2nd floor loft/bonus room on a large wooded lot in the heart of Palos Park. This home features 4 bedrooms and 5 bathrooms!! Two Master Suites! T...

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  • 4 Beds
  • 5 Baths
  • MRD10981986 MLS
  • ACTIVE Status
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11087 Frances Lane, Palos Park image
11087 Frances Lane, Palos Park $89,900

Lot #2. Fabulous opportunity to build your dream home in a private cul-de-sac. Tampier of Palos is an exclusive 9 lot subdivision with country sized lots. Enjoy the best ...

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  • MRD10975109 MLS
  • ACTIVE Status
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11137 Frances Lane, Palos Park image
11137 Frances Lane, Palos Park $89,900

Lot #9. Fabulous opportunity to build your dream home in a private cul-de-sac. Tampier of Palos is an exclusive 9 lot subdivision with country sized lots. Enjoy the best ...

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  • MRD10975102 MLS
  • ACTIVE Status
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8905 126Th Street, Palos Park image
8905 126Th Street, Palos Park $1,200,000

Envision your dream home on this incorporated Palos Park lot. Estate home, or just a comfortable hideaway, this is the perfect location! A stream runs through the wooded...

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  • MRD10969925 MLS
  • ACTIVE Status
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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9658 W 131st St
Palos Park IL 60464
Office: (708) 923-0900
Greg: (708) 308-1212
Ronda: (708) 941-7000


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