Palos Park IL Commercial for Sale

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Palos Park Real Estate

The median home value in Palos Park, IL is $525,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Palos Park, IL is $525,000. Approximately 83.68% of Palos Park homes are owned, compared to 7.94% rented, while 8.37% are vacant. Palos Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palos Park real estate agent to arrange a tour today!

Palos Park, Illinois has a population of 4,859. Palos Park is less family-centric than the surrounding county with 25.3% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Palos Park, Illinois is $122,676. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Palos Park is 56.6 years.

Palos Park Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 39.2 inches per year, with 32.8 inches of snow per year.

Palos Park Real Estate Market Conditions

  • Median sales price

    $525,000
    13.7% change since last quarter
  • # Active listings

    45
    30-day change

Palos Park Schools and Demographics

Education near Palos Park, IL

Metric City County
High School Graduates 96.3 87.97
College Degree - 2 year 4.55 6.73
College Degree - 4 year 46.32 40.75
Graduate Degree 16.82 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Palos Park, IL

School Grades Students P/T Ratio ZIP
Arnold W Kruse Education Center PK - 05 348 12.1 60462
Chippewa Elementary School 01 - 03 205 12.5 60463
Dr Kenneth M Sorrick School PK - 01 444 21.1 60465
Fernway Park Elementary School PK - 05 463 15 60462
High Point Elementary School 03 - 05 453 14.2 60462
Indian Hill PK - KG 126 20.5 60463
Liberty Elementary School 03 - 05 505 14.8 60462
Oak Ridge Elementary School 02 - 05 689 17.1 60465
Orland Center School PK - 02 320 13.6 60462
Orland Park Elementary School PK - 03 393 15.4 60462
Palos East Elementary School KG - 05 812 16.9 60463
Palos West Elementary School PK - 05 450 16.1 60464
Prairie Elementary School KG - 03 455 16.9 60462
Willow Springs Elementary School KG - 08 413 13.3 60480

Middle Schools near Palos Park, IL

School Grades Students P/T Ratio ZIP
Independence Junior High School 06 - 08 252 14.6 60463
Jerling Junior High School 06 - 08 574 14.2 60462
Navajo Heights Elementary School 04 - 05 155 14.1 60463
Orland Junior High School 06 - 08 510 14.5 60462
Palos South Middle School 06 - 08 632 14.6 60464

High Schools near Palos Park, IL

School Grades Students P/T Ratio ZIP
A B Shepard High School (Campus) 09 - 12 1,762 15.1 60463
Amos Alonzo Stagg High School 09 - 12 2,370 15.1 60465
Carl Sandburg High School 09 - 12 3,244 16.9 60462

Demographics near Palos Park, IL

Metric City County
Neighborhood Type Suburban
Population 4,859 5,265,398
Population Density 767 5,572
Median Age 56.6 37.3
People per Household 2.5 2.5
Median Household Income 122,676 72,121
Average Income per Capita 64,284 41,706