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50 Elizabeth Lane, Palos Park, IL 60464

Cook County

Key Facts

4Beds
5Baths
11,209Sq Ft
2004Year Built
4Garage

Description

Welcome to this one-of-a-kind custom ranch estate located on a private street, offering around 11,000 sq ft of beautifully designed living space. Every part of this home shows quality, comfort, and style. The open layout flows easily from room to room, filled with natural light and featuring high-end finishes, custom woodwork, and heated floors throughout. The spacious bedrooms are thoughtfully designed, each with walk-in closets for ample storage. The kitchen is a true centerpiece, featuring an oversized island, granite countertops, custom cabinets, and top-quality appliances-perfect for cooking, dining, and entertaining. This home feels like your own private resort, with an indoor pool, full bar, game rooms, theater room, plus racquetball/pickleball/volleyball court, or other activity you desire. Oversized heated garage with plenty of space for your vehicles, extra storage, and all your needs. Step outside to a peaceful, professionally landscaped yard that offers privacy. Conveniently located near top-rated schools, forest preserves, scenic trails, and Metra access to downtown Chicago. This isn't just a place to live-it's a place to live well, so schedule your private tour today and feel what it's like to truly come home.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch

Year Built

2004

Living Area

11,209 sq ft

Lot Dimensions

209x252x354x161

Garage Spaces

4

Parking Spaces

4

Ownership

Fee Simple

Days on Market

47

MLS® Listing#

12588003

Property Features

Interior:
Central Vacuum, Entrance Foyer, Vaulted Ceiling(s), Dry Bar, Built-in Features, Walk-In Closet(s), Open Floorplan, Granite Counters, Pantry
Exterior:
Fire Pit
Appliances:
Range, Microwave, Dishwasher, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Humidifier
Cooling:
Ceiling Fan(s), Central Air, Zoned
Heating:
Natural Gas, Forced Air, Radiant, Zoned, Radiant Floor
Flooring:
Carpet
Fireplace:
Family Room, Wood Burning, Gas Starter, Masonry
Basement:
Sump Pump, Finished, Full
Pool:
Indoor
Parking:
Concrete, Garage Door Opener, Heated Garage, Attached, Garage
Laundry:
Main Level, Multiple Locations
Patio:
Patio
Lot Features:
Cul-De-Sac
Construction:
Brick, Stone
Foundation:
Concrete Perimeter
Roof:
Asphalt
Windows:
Window Treatments, Drapes
Security:
Security System
Sewer:
Public Sewer

Rooms

  • 18X12Main
  • 14X12Main
  • 40X30Basement
  • 20X16Basement
  • 28X22Basement
  • 50X30Main
  • 30X30Basement
  • Bedroom 218X15Main
  • Bedroom 315X15Main
  • Bedroom 415X15Main
  • Bedroom 521X18Basement
  • Dining Room17X14Main
  • Family Room25X24Main
  • Game Room30X30Basement
  • Kitchen26X18Main
  • Laundry22X8Main
  • Living Room15X15Main
  • Master Bedroom30X22Main

Schools

Elementary:
Palos West Elementary School
Middle:
Palos South Middle School

HOA & Tax

HOA:
$400/Annually
Annual Tax:
$23,565 (2023)
Parcel #:
23293020540000

Directions

East of Wolf Rd on McCarty Rd to Post Rd

Affordability Calculator

$359,800

Estimated monthly payment

$9,575/mo

Principal $1,439,200 · Est. interest $2,007,812 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Palos Park, IL

$349,567
Median Listing Price
32
Median Days on Market
1,658
Median Sq Ft
$208
Median Price / Sq Ft
1,108
Active Listings
  • This home’s price is 415% above the area median.
  • Its price per sq ft is 23% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Palos Park, IL.

Location

  • 50 Elizabeth Lane, Palos Park, IL 60464

Nearby Schools

  • Palos West Elementary School

    Elementary · 0.5 mi away

  • Carl Sandburg High School

    Secondary · 1.6 mi away

  • Centennial School

    Elementary · 1.9 mi away

  • Mi Sol Academy

    School · 2.0 mi away

  • Orland Park Elementary School

    Elementary · 2.3 mi away

  • St Michael School

    School · 2.4 mi away

  • Palos Park Public Schools

    School · 2.7 mi away

  • Everest Academy

    School · 2.9 mi away

  • High Point School

    Elementary · 2.9 mi away

  • Transition

    School · 2.9 mi away

  • Orland Junior High School

    Secondary · 3.0 mi away

  • Clews Preschool

    School · 3.1 mi away

  • Sandbox Learning Center

    School · 3.2 mi away

  • Palos South Middle School

    Secondary · 3.3 mi away

  • Goodings Grove School

    Elementary · 3.3 mi away

  • Orland Center School

    Elementary · 3.5 mi away

  • Consolidated High School

    Secondary · 3.5 mi away

  • Orland School District 135

    School · 3.5 mi away

  • Prairie Elementary School

    Elementary · 3.7 mi away

  • Oak Ridge Elementary School

    Elementary · 3.9 mi away

Commute Calculator

Travel mode

Nearby Homes

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Moving Cost Estimate

EXIT Agents in Palos Park

Midwest Real Estate Data logo

Listing Courtesy: Re/Max Millennium - 6306269858

Based on information submitted to the MLS GRID as of 2026-03-10. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-03-10

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Mainstreet Organization of Realtors. MLS® Listing#12588003. © 2026EXIT Realty®. All rights reserved.