$250,000
Olympia Fields, IL 60461
Calling all visionaries, builders and investors! Set on nearly 0.86 acre beneath mature trees in Olympia Fields' coveted Graymoor subdivision, this 1974 contemporary quad-level offers approx. 4,950 finished sq ft, 6 bedrooms and 4 full/2 half baths. It's a rare chance to restore a true architectural statement. Dramatic vaulted ceilings, walls of glass and skylights pour light throughout. Highlights include a slate foyer, herringbone parquet, a floor-to-ceiling stone fireplace in the paneled family room, a wet bar, a sauna, and a sprawling walkout lower level with sliders to the wooded grounds. Numerous decks & balconies to take advantage of the private wooded yard. Also: circular drive, 2.5-car attached garage, in-ground pool, dual HVAC, and Flossmoor 161/H-F 233 school districts. The home needs extensive renovation and is not currently habitable. Cash only, sold strictly as-is, buyer to assume responsibility for village inspection requirements. Bring your contractor and your imagination, because the bones are spectacular.
Estimated monthly cost for this home
$2,431/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (7.28%, 2026-10-01). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2025 property taxes | $11,307/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Western Avenue Elementary School
161
Middle
Parker Junior High School
161
High school
Homewood-Flossmoor High School233
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Keller Williams Preferred Rlty, listed by Alexander Fenske.
Information last updated Oct 5, 2026, 7:13 PM.
63 Graymoor Lane
Olympia Fields, IL 60461

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.