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Palos Hills, IL Multifamily Properties for Sale

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Turn-Key Banquet Hall with Apartments
$1,049,000
0.51 Acres

Turn-Key Banquet Hall with Apartments

10140 S Roberts Road, Palos Hills, IL 60465

Mixed-use building with banquet hall and apartments near Chicago.

  • Turn‑key 7800 Sq Ft banquet hall with a maximum capacity of 260 people.
  • Prime location in the heart of Palos Hills on a high‑traffic road, 20 minutes from Chicago.
  • Large, well‑equipped commercial kitchen ideal for serving large crowds.
  • Includes a front bar and bridal suite.
  • Two residential apartments on the second floor offer flexible use (living or office).
Updated: Jul 28, 2025
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First Floor Condo with Garage
$265,000
1,600 SF

First Floor Condo with Garage

9198 South Road #A, Palos Hills, IL 60465

Three-bedroom condo with screened porch, garage, and community amenities.

  • First floor end unit with screened porch overlooking forest preserves.
  • 3 bedrooms, including a primary suite with private bath.
  • Modern kitchen open to dining area and living room with corner fireplace.
  • Includes a 1 car garage located directly out the front door.
  • In‑unit laundry room.
Updated: Aug 21, 2025
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Based on your search, we've compiled 89 Potential Opportunities for your consideration. Besides 2 Active listings in Palos Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 79 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Evergreen Park Mixed-Use Building
$535,000
0.07 Acres

Evergreen Park Mixed-Use Building

Two-unit commercial building with storefront and remodeled apartment.

3837 W 95th Street, Evergreen Park, IL 60805
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Oak Lawn Income Property
$730,000

Oak Lawn Income Property

Income-producing three-unit property in the Lake Louise area.

10320 Mansfield Avenue, Oak Lawn, IL 60453
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Mixed-Use Building in Evergreen Park
$425,000
0.10 Acres

Mixed-Use Building in Evergreen Park

Mixed-use property with retail space and apartment in Evergreen Park.

3408 W 95th Street, Evergreen Park, IL 60805
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Charming Condo with Included Utilities
$153,000

Charming Condo with Included Utilities

Third-floor condo with in-unit laundry, storage, and assigned parking.

4931 W 87TH Street #3SW, Oak Lawn, IL 60453
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land
Contact for pricing
3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484
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Vacant Lot in Gated Community
Contact for pricing
0.12 Acres

Vacant Lot in Gated Community

Vacant lot in gated community with many amenities for seasonal living.

2795 E 28th Lot 1205 Road, Seneca, IL 61360
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Grocery Store and Mobile Park
$950,000
7.00 Acres

Grocery Store and Mobile Park

Value-add opportunity: grocery store and mobile home park.

5209 Massachusetts Avenue, Indianapolis, IN 46218
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Waterfront Land on Fish Lake
$550,000
4.00 Acres

Waterfront Land on Fish Lake

4+ acres of waterfront property on crystal-clear Fish Lake.

W12381 COUNTY ROAD GG, Hancock, WI 54943
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Explore Off-Market Properties in Palos Hills, IL

Consider similar Off-Market properties in Palos Hills, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

10608 83rd Ct

10608 83rd Ct

APARTMENT HOUSE (UNDER 5 UNITS) • 3,013 SF
Value Estimation
$615,000
10608 83rd Ct, Palos Hills, IL 60465-1888
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10608 81st Ct

10608 81st Ct

APARTMENT HOUSE (UNDER 5 UNITS) • 2,970 SF
Value Estimation by Request
10608 81st Ct, Palos Hills, IL 60465-1828
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11142 Helena Dr, Unit 3

11142 Helena Dr, Unit 3

APARTMENT HOUSE (UNDER 5 UNITS) • 4,922 SF
Value Estimation
$660,000
11142 Helena Dr, Palos Hills, IL 60465-2177
View details
8252 107th St

8252 107th St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,168 SF
Value Estimation
$550,000
8252 107th St, Palos Hills, IL 60465-1867
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8252 107th St

8252 107th St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,168 SF
Value Estimation
$550,000
8252 107th St, Palos Hills, IL 60465-1867
View details
8252 107th St

8252 107th St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,168 SF
Value Estimation
$550,000
8252 107th St, Palos Hills, IL 60465-1867
View details
10601 81st Ct

10601 81st Ct

APARTMENT HOUSE (UNDER 5 UNITS) • 2,990 SF
Value Estimation by Request
10601 81st Ct, Palos Hills, IL 60465-1827
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9747 90th Ave

9747 90th Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 4,278 SF
Value Estimation by Request
9747 90th Ave, Palos Hills, IL 60465-1198
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11218 Helena Dr

11218 Helena Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,948 SF
Value Estimation
$780,000
11218 Helena Dr, Palos Hills, IL 60465-2196
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11107 Helena Dr

11107 Helena Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,995 SF
Value Estimation
$665,000
11107 Helena Dr, Palos Hills, IL 60465-2396
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10140 Roberts Rd

10140 Roberts Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 7,753 SF
Value Estimation
$650,000
10140 Roberts Rd, Palos Hills, IL 60465-1538
View details
9739 89th Ave, Unit 1S

9739 89th Ave, Unit 1S

APARTMENT HOUSE (UNDER 5 UNITS) • 4,346 SF
Value Estimation
$610,000
9739 89th Ave, Palos Hills, IL 60465-1062
View details
9755 90th Ave1so

9755 90th Ave1so

APARTMENT HOUSE (UNDER 5 UNITS) • 4,339 SF
Value Estimation
$625,000
9755 90th Ave1so, Palos Hills, IL 60465-1056
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11111 Helena Dr, Unit 3

11111 Helena Dr, Unit 3

APARTMENT HOUSE (UNDER 5 UNITS) • 4,995 SF
Value Estimation
$530,000
11111 Helena Dr, Palos Hills, IL 60465-2391
View details
11205 Roberts Rd

11205 Roberts Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 3,569 SF
Value Estimation by Request
11205 Roberts Rd, Palos Hills, IL 60465-2685
View details
11201 Helena Dr

11201 Helena Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 5,505 SF
Value Estimation
$520,000
11201 Helena Dr, Palos Hills, IL 60465-2268
View details
11230 Moraine Dr, Unit 1N

11230 Moraine Dr, Unit 1N

APARTMENT HOUSE (UNDER 5 UNITS) • 3,920 SF
Value Estimation
$565,000
11230 Moraine Dr, Palos Hills, IL 60465-2614
View details
10058 Roberts Rd

10058 Roberts Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,480 SF
Value Estimation
$525,000
10058 Roberts Rd, Palos Hills, IL 60465-1641
View details
9709 89th Ave, Unit 2N

9709 89th Ave, Unit 2N

APARTMENT HOUSE (UNDER 5 UNITS) • 4,346 SF
Value Estimation
$600,000
9709 89th Ave, Palos Hills, IL 60465-1058
View details
9844 Roberts Rd

9844 Roberts Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,828 SF
Value Estimation by Request
9844 Roberts Rd, Palos Hills, IL 60465-1471
View details
11216 Moraine Dr

11216 Moraine Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 3,896 SF
Value Estimation by Request
11216 Moraine Dr, Palos Hills, IL 60465-2688
View details
10600 80th Ct

10600 80th Ct

APARTMENT HOUSE (UNDER 5 UNITS) • 3,000 SF
Value Estimation by Request
10600 80th Ct, Palos Hills, IL 60465-1812
View details

Palos Hills, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 81 multifamily properties for sale in Palos Hills, IL on our real estate platform. These investment opportunities span a total of 440,943 square feet of properties for sale, with an estimated market value of $19,919,000.

Sale prices for multifamily properties in Palos Hills, IL start at $305,000, averaging $510,743, and reaching up to $1,049,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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