Residential Income

Palos Heights, IL Residential Income Properties for Sale

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Palos Park, IL Worth, IL Alsip, IL Chicago Ridge, IL Crestwood, IL Palos Hills, IL Oak Lawn, IL Orland Park, IL
Residential Income Property with Finished Basement
Updated: Jul 30
Residential Income Property with Finished Basement

13318 Oak Hills Parkway Unit: 5, Palos Heights, IL 60463

$474,900
1,971 sqft
1,971 square feet above grade; four bedrooms and three bathrooms
Finished basement with recreation room, two bedrooms, full bathroom, and walk‑in concrete crawl space
28ft sunroom off the kitchen
Attached two‑car garage with access to the laundry room
Basement finish and garage door completed in 2026; skylights and basement windows updated in 2024
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Palos Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Building With Apartments
Mixed-Use Building With Apartments

6906-6908 111th St, Worth, IL 60482

$890,000
5,400 sqft

Includes a storefront, outdoor patio, pub operation, and a large on-site parking area.

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Ranch-Style Townhome with Unfinished Basement
Ranch-Style Townhome with Unfinished Basement

13300 Callan Drive, Orland Park, IL 60462

$429,900
1,803 sqft

A private patio, formal dining room, and den complement the open-plan living area.

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Updated Condo with Balcony
Updated Condo with Balcony

7408 W 111th Street #309, Worth, IL 60482

$170,000
950 sqft

Updated 3rd-floor condo with fireplace, balcony, and modern kitchen.

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Penthouse Duplex with Heated Garage
Penthouse Duplex with Heated Garage

7805 W 157th Street #2S, Orland Park, IL 60462

$335,000

Spacious penthouse duplex with modern amenities and convenient location.

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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.

Residential Development Opportunity
Residential Development Opportunity

13149 Timber Trail, Palos Heights, IL 60463

$350,000

Vacant multi-family parcel approved for residential condo building.

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Orland Park Land Opportunity
Orland Park Land Opportunity

14355 S 94th Avenue, Orland Park, IL 60462

$299,900
2.00 AC lot

2+/- acres in the heart of Orland Park, Illinois.

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Hickory Hills Land Opportunity
Hickory Hills Land Opportunity

9300 S 83rd Avenue, Hickory Hills, IL 60457

$85,000

Vacant lot in established neighborhood, ideal for custom home.

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Buildable Lot in Tinley Park
Buildable Lot in Tinley Park

7946 172nd Place, Tinley Park, IL 60477

$149,000

Residential lot in established neighborhood ready for custom construction.

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Off-Market Properties in Palos Heights, IL

Consider similar Off-Market properties in Palos Heights, 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.

7301 College Dr
APARTMENT HOUSE (UNDER 5 UNITS)

7301 College Dr, Palos Heights, IL 60463-1128

Estimated value:
$530,000
3,861 sqft 0.35 AC lot
View details
12345 Harlem Ave
APARTMENT HOUSE (UNDER 5 UNITS)

12345 Harlem Ave, Palos Heights, IL 60463-1432

Estimated value:
$555,000
6,361 sqft 0.34 AC lot
View details
12235 Harlem Ave
APARTMENT HOUSE (UNDER 5 UNITS)

12235 Harlem Ave, Palos Heights, IL 60463-1431

Estimated value:
$890,000
7,380 sqft 0.31 AC lot
View details
12100 Harlem Ave
APARTMENT HOUSE (UNDER 5 UNITS)

12100 Harlem Ave, Palos Heights, IL 60463-1435

Estimated value:
$450,000
2,796 sqft 0.49 AC lot
View details
12309 Harlem Ave
APARTMENT HOUSE (UNDER 5 UNITS)

12309 Harlem Ave, Palos Heights, IL 60463-1444

Estimated value:
$570,000
6,484 sqft 0.31 AC lot
View details

Palos Heights, IL Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Palos Heights, IL on our real estate platform. These investment opportunities span a total of 1,971 square feet of properties for sale, with an estimated market value of $474,900.

Sale prices for residential investment properties in Palos Heights, IL average $474,900 — 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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Demographics Overview

Population 13K
Population Growth (5Y) -10.5%
Median Household Income $105,389
College Educated 57.8%

High-Yield Neighborhoods for Investment

Identify Palos Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60463 $474.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Palos Heights fall within the 10,000 to 25,000 square foot range.

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