6 days on Rocket
#12372027, Valdy Biernacki, Listing office: Realty Executives New Image
Property details
About 8048 W 111th St
Palos Hills a unique opportunity to acquire vacant land situated at the busy intersection of Roberts Rd and 111th Street in Palos Hills. This strategically located site benefits from previously developed infrastructure, including: In-place utilities: electricity, gas, sewer, and city water. Existing curb, gutter, and sidewalk. established drive approaches The prime location offers excellent visibility and accessibility, making it ideal for various commercial uses. Zoning permits a wide range of possibilities, including: Convenience store Sit-down restaurant, with second level apartments for the owner. Also, great potential. with combining adjacent property. Please see the listening 11050 S Roberts Rd MLS # 12295882.
Highlights
Home typeVacant Land
StatusActive
Lot size0.73 Acres
MLS #12372002
Summary
- List Price: $599,500
- Annual Tax Amount: $33,437
- Tax Year: 2022
- Directions: Southwest Highway or Roberts Rd to 111 Street west to address.
- Lot Size: 0.73 Acres
- MLS Number: 12372002
- MLS Name: MRED
- Office Name: Realty Executives New Image
- Office Phone: (708) 974-1000
- Office Email: valdy@megsinet.net
- Listing Agent: Valdy Biernacki
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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$599,500
8048 W 111th St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 15, 2021 | Home Sold | $430,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $107,499 | $33,437 |
| 2021 | $107,499 | $31,187 |
| 2020 | $129,466 | $36,219 |
| 2019 | $127,763 | $34,867 |
| 2018 | $127,763 | $33,181 |
| 2017 | $127,763 | $32,310 |
History based on county public records data.
Nearby schools
6
Worthwoods Elementary School
Public District KG-5
0.8 mi
•11000 S Oketo Ave
10
Oak Ridge Elementary School
Public District 2-5
1.2 mi
•8791 W 103rd St
5
Worth Elementary School
Public District PK-5
1.5 mi
•11158 S Oak Park 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 $62,781. Typical income of Palos Hills, IL residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
47%
35k-100k
17%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
6%
Single, with Kids
24%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Horse Races
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Lincoln
Buick
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8048 W 111th St
The listing price of 8048 W 111th St property is $599,500.
The property 8048 W 111th St is land located in Palos Hills, Illinois, 60465.
Active Listing: 8048 W 111th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8048 W 111th St are: Worthwoods Elementary School (GreatSchools Rating 6/10), Oak Ridge Elementary School (GreatSchools Rating 10/10), Worth Elementary School (GreatSchools Rating 5/10), Worth Jr High School (GreatSchools Rating 7/10), Conrady Junior High School (GreatSchools Rating 10/10), Elden D Finley Jr High School (GreatSchools Rating 3/10), Amos Alonzo Stagg High School (GreatSchools Rating 8/10), H L Richards High Sch(Campus) (GreatSchools Rating 4/10), A B Shepard High School (Campus) (GreatSchools Rating 5/10).
According to the records, the last property tax for 2022 is $33,437 (source: MLS/based on county public records data).
The last sale was on September 15, 2021 for $430,000 (source: MLS/tax record).
The property 8048 W 111th St is 0.73 acres.
This home is located at 8048 W 111th St in Palos Hills, IL and zip code 60465. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $599,500.
Palos Hills, IL housing market in May 2025 saw over 13 listings sold above listed price, more than 3 sold at listed price and over 8 sold below. The inventory of homes for sale in Palos Hills, IL between April and May 2025 increased by 7%. While the average time on the market in May 2025 was 25 days, the median list price was $268,300.
From Rocket Homes Real Estate and based on county public records data.