Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7801 W 111Th St Palos Hills, IL 60465

    Sponsored
    For Sale
    $900,000

    LAND - Palos Hills, IL

    Lot size:
    2.10 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 7 at 7:06 pm

    Property Features for 7801 W 111Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    Rooms
    Laundry Room
    APN
    23241001510000
    Parking features
    Driveway
    Lot size
    2.10 Acres

    Utilities

    Utilities
    Water Available

    Prospect Equities (312) 656-3215 [email protected]

    Listing agent Stan Latek (312) 202-0006

    Listing date Jan 3, 2026

    MLS# 12539732 Listing URL

    Copyright © 2026 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 Hills Vacant Land Opportunity

    This property features 2.1 acres of vacant land, presenting a development opportunity near Palos Hills' busiest intersection. The site is large enough to accommodate a strip center on the front 151 feet, with potential for a secondary project or townhomes on the back west end. The property is suitable for a major fast food franchise requiring ample parking, or a 20+ unit townhome development. Currently, there are two homes on the land generating income. The location is down the street from Moraine Valley Community College and STAGG High School. The zoning is SINGL. The property is identified by two PIN numbers: 23-24-100-151 and 23-24-100-152.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Palos Hills
    County
    Cook
    State
    Illinois
    Longitude
    -87.811486
    Latitude
    41.688769

    Nearby Similar for Sale

    • $1,049,000
      0.50 Acres

      Palos Hills Mixed-Use Building

      Mixed-use building with banquet hall and residential apartments.
      10140 S Roberts Rd, Palos Hills, IL 60465
      View Details
    • $280,000

      Palos Hills Townhouse with Patio

      Well-maintained 2-bedroom townhouse in Palos Hills with private patio.
      14 Cour Caravelle, Palos Hills, IL 60465
      View Details
    • $270,000
      1,600 SF

      First Floor Condo with Garage

      Three-bedroom condo with screened porch, garage, and community amenities.
      9198 South Rd, Palos Hills, IL 60465
      View Details
    • $210,000

      Spacious Condo in Palos Hills

      Bright 2-bedroom, 2-bath condo with open layout and garage.
      11130 Northwest Rd, Palos Hills, IL 60465
      View Details
    • $249,000
      1,480 SF

      Updated Condo with Patio

      Two-bedroom condo with modern kitchen, updated bathrooms, and patio.
      8234 Chestnut Dr, Palos Hills, IL 60465
      View Details
    • $750,000
      3,200 SF

      Palos Hills Free Standing Restaurant

      Free standing restaurant with patio in Palos Hills, Illinois.
      10331 S Roberts Rd, Palos Hills, IL 60465
      View Details
    • $775,000
      3,200 SF

      Palos Hills Restaurant - Investment Opportunity

      Profitable Restaurant, Prime Location, High Occupancy
      10331 Roberts Rd, Palos Hills, IL 60465
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.1 acres suitable for strip center or townhome development.
    Where is this commercial land located?
    The property is located at 7801 W 111Th St Palos Hills, IL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - 2.1 acres of vacant land, ideal for commercial or residential development.; - High-traffic location near Palos Hills' busiest intersection, Moraine Valley Community College, and STAGG HS.; - Potential for a strip center, fast food franchise with ample parking, or a 20+ unit townhome development.
    (312) 656-3215
    Request Owner's contact information
    7801 W 111Th St Palos Hills, IL 60465
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7801 W 111Th St
    Palos Hills, IL 60465
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7801 W 111Th St Palos Hills, IL 60465
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.