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    11923 Southwest Hwy Palos Park, IL 60464

    Picture of Land at Southwest Hwy 11923, Palos Park, IL
    For Sale
    $275,000

    Land - Palos Park, IL

    Lot size:
    0.53 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 11923 Southwest Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    23262040040000
    Lot size
    0.53 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Amanda Neher (888) 574-9405 License #475209449

    Listing date Oct 20, 2025

    MLS# 12500277 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palos Park Vacant Land

    This vacant land, situated in Palos Park, Illinois, presents an opportunity for builders. The property, with a lot size of 0.53 acres, is zoned for a side load, 3-car garage and a horse shoe driveway.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palos Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.81738
    Latitude
    41.67293

    Nearby Similar for Sale

    • $3,534,300
      13,891 SF

      Palos Park Walgreens For Sale

      NNN leased Walgreens with successful operating history in Palos Park.
      13023 S La Grange Rd, Palos Park, IL 60464
      View Details

    FAQs

    What type of property is this?
    Land - Vacant land zoned for side load, 3-car garage.
    Where is this land located?
    The property is located at 11923 Southwest Hwy Palos Park, IL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Vacant land ready for building.; - Zoned for side load garage.; - Zoned for 3-car garage.
    (888) 574-9405
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    11923 Southwest Hwy Palos Park, IL 60464
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    Palos Park, IL 60464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11923 Southwest Hwy Palos Park, IL 60464
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