Backup offers
$6,852 Closing Credit¹
#12337614, Christopher Hochstedt, Listing Office: Exit Real Estate Partners
$1,350,000 List price
12400 S 88th Ave Palos Park, IL 60464
$10,000
Closing credit¹
6 beds
3 full, 1 partial
4,567 sqft
3.1 acres
$296 / sqft
House
Property details
About 12400 S 88th Ave
A timeless retreat where custom-built luxury meets serene pond views and a cascading waterfall. Set on 3.107 private acres, this stately Palos Park estate offers an impressive 11,537 sq ft of total living space across four expansive levels-designed for multi-generational living, elegant entertaining, and future flexibility. Built from the ground up in 2000, the home welcomes you with a grand arched double-door entry and an expansive brick-paved circular driveway, leading to a 3-car garage with additional outdoor parking for 3+ vehicles. Inside, natural light pours through large arched windows into a soaring great room with 20+ ft ceilings. The adjacent vaulted family room features a cozy gas fireplace, perfect for gatherings. A sixth bedroom currently serves as a richly finished library with floor-to-ceiling built-ins, solid wood doors, and a coffered wood ceiling. The kitchen offers generous space and natural light, with granite countertops, ample cabinetry, a walk-in pantry, and a vaulted octagonal breakfast nook surrounded by windows-overlooking the deck and offering peaceful views of the pond and cascading waterfall. KEY FEATURES Include: __ 6 bedrooms | 3 full baths | 1 half bath __ Dual primary/in-law suites on both main and second floors, each with walk-in closets and en-suite baths __ Spa-inspired main-level primary bath with a gas fireplace shared between the bedroom and bathroom, jetted tub, and oversized walk-in shower __ Laundry rooms on both the main and second floors __ Rough-in plumbing for a fourth full bath in an upper-level bedroom (originally intended as an en-suite) and another in the lower level __ Full walk-out basement with 2,753 sq ft of unfinished space and exterior access __ 714 sq ft attic level, ideal for a gym, studio, or future expansion __ Radiant floor heating on the main level __ Roof completely redone in 2020 __ Underground sprinkler system and extensive hardscaping __ Dedicated space allocated for a future elevator installation The professionally landscaped grounds include brick-paved front entry, walkways, and a rear patio. A tranquil pond serves as the centerpiece of the backyard, enhanced by a professionally installed cascading waterfall and ambient lighting system-a landscape investment valued at approximately $200,000. The pond is bordered by mild natural wetland, adding to the property's privacy and peaceful ambiance. Outdoor living spaces include a deck off the family room and kitchen, a private balcony off the main-level primary suite, and a brick patio accessed from the walk-out lower level-all designed for seamless indoor-outdoor enjoyment. Located just 0.6 miles from the Palos Park Metra Station, and minutes to Northwestern Medicine Palos Hospital, forest preserves, top-rated schools, and I-294. A rare and refined sanctuary where timeless design, open space, and natural beauty converge.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Radiant Floor
StatusActive
(New)
(New)
CoolingCentral Air
Size4,567 sqft
BasementYes
Lot size3.107 Acres
Year built2000
ParkingBrick Driveway, Circular Driveway, Heated Driveway, Garage Door Opener, On Site, Garage Owned, Attached, Detached, Assigned, Driveway, Additional Parking, Direct Access, Enclosed, Secured, Owned, Garage
MLS #12370236
Garage6 spaces
FireplaceDouble Sided, Wood Burning, Gas Log, Gas Starter, Includes Accessories
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Cooktop
- Basement: Yes
- Interior: Cathedral Ceiling(s), Hot Tub, 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, High Ceilings, Coffered Ceiling(s), Beamed Ceilings, Open Floorplan, Special Millwork, Granite Counters, Separate Dining Room, Paneling, Pantry
- Fireplace: Double Sided, Wood Burning, Gas Log, Gas Starter, Includes Accessories
- Total Bedroom Count: 6
- Garage Space: 6 spaces
- Parking: Brick Driveway, Circular Driveway, Heated Driveway, Garage Door Opener, On Site, Garage Owned, Attached, Detached, Assigned, Driveway, Additional Parking, Direct Access, Enclosed, Secured, Owned, Garage
- Exterior: Balcony
- Heating: Natural Gas, Radiant Floor
- Cooling: Central Air
- List Price: $1,350,000
- Price/SqFt: $295
- Annual Tax Amount: $22,944
- Tax Year: 2022
- Directions: 88th Avenue & 124th Street
- Year Built: 2000
- Living Area: 4,567 SqFt
- Lot Size: 3.107 Acres
- MLS Number: 12370236
- MLS Name: MRED
- Office Name: Berkshire Hathaway HomeServices Chicago
- Office Phone: (312) 944-8900
- Listing Agent: Carina Sawaya
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$1,350,000
12400 S 88th Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $82,393 | $22,944 |
| 2021 | $82,393 | $22,993 |
| 2020 | $82,393 | $22,160 |
| 2019 | $85,944 | $20,807 |
| 2018 | $85,944 | $20,189 |
| 2017 | $95,558 | $21,967 |
History based on county public records data.
Nearby schools
9
Palos East Elementary School
Public District KG-5
1.4 mi
•7700 W 127th St
7
Palos West Elementary School
Public District PK-5
2.1 mi
•12700 S 104th Ave
6
Worthwoods Elementary School
Public District KG-5
2.5 mi
•11000 S Oketo Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $115,871. The majority of Palos Park, IL residents have income between $100k-200k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
9%
<35k
34%
35k-100k
35%
100k-200k
22%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
4%
Single, with Kids
45%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
47%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Skiing/snowboarding
Where do the neighbors shop?
Chico's
Nordstrom Rack
Nordstrom
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
California Pizza Kitchen
What do the neighbors drive?
Cadillac
Mazda
BMW
What do the neighbors listen to?
Classical
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12400 S 88th Ave
The listing price of 12400 S 88th Ave property is $1,350,000.
The property 12400 S 88th Ave is a house located in Palos Park, Illinois, 60464.
Active Listing: 12400 S 88th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12400 S 88th Ave are: Palos East Elementary School (GreatSchools Rating 9/10), Palos West Elementary School (GreatSchools Rating 7/10), Worthwoods Elementary School (GreatSchools Rating 6/10), Palos South Middle School (GreatSchools Rating 9/10), Independence Jr High School (GreatSchools Rating 7/10), Worth Jr High School (GreatSchools Rating 7/10), Carl Sandburg High School (GreatSchools Rating 8/10), Amos Alonzo Stagg High School (GreatSchools Rating 8/10), A B Shepard High School (Campus) (GreatSchools Rating 5/10).
According to the records, the last property tax for 2022 is $22,944 (source: MLS/based on county public records data).
The property at 12400 S 88th Ave has 6 bedrooms and 3 full and 1 half bathrooms.
The property 12400 S 88th Ave is 4,567 SqFt (source: MLS/tax record).
The year of construction for 12400 S 88th Ave is 2000.
This home is located at 12400 S 88th Ave in Palos Park, IL and zip code 60464. This 4,567 square foot home, which was built in 2000, sits on a 3.11 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $1,350,000.
In April 2025 more than 1 listings in Palos Park, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Palos Park, IL increased by 44% between March and April 2025. Listings spent 52 days on the market in April 2025, and had a median list price of $507,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.