About This Home
This 2-bedroom, 1-bathroom single family at 9937 S 86th Court in Palos Hills, IL is listed for $299,000 ($273 per sqft). Built in 1954, the home offers 1,097 sqft of living space on a 0.47 acres lot.
Key Features
- Built in 1954
- 0.47 acre lot
- 2 parking spaces
Property Details
LAND VALUE OPPORTUNITY - DOUBLE LOT POTENTIAL - Builders take note: this is a rare chance to secure a generous .47-acre parcel on one of Palos Hills' prettiest streets, where homes command $1 million and up. You can easily build 2 homes on this parcel (subject to municipal approval).
The lot comes with public water and sewer already available, eliminating the cost of utility installation and letting you move straight into planning and permitting. The existing 2-bedroom home offers no renovation potential and is being sold strictly for land value and the sale price reflects lot value only.
This clears the way for new construction, giving you a blank canvas in a location where finished homes routinely sell in the seven figures, positioning your build for strong resale potential from day one. With its combination of lot size, utility access, and an address in an amazing neighborhood, this property offers builders a straightforward path to a high-value new construction project in a market that continues to draw premium buyers.
Opportunities to acquire land with this much upside in an established, high-end neighborhood are limited, this one is ready for your next project.
Monthly Cost Estimate
$1,599/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9937 S 86th Court
Palos Hills, IL 60465
Property Details
Construction
Parking
Heating
Questions & Answers
This 2-bedroom, 1-bathroom single family at 9937 S 86th Court is listed at $299,000 ($273/sqft). The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1954, 0.47 acre lot, 2 parking spaces.
This property is listed by Daniel Lynch and can be reached at (219) 405-3647.