One of the last parcels of this size, this is your chance to secure three combined parcels totaling approximately 51,800 sq ft (1.19 acres) on a prime, high-visibility corner in the heart of Palatine. Offering exceptional scale for new construction, this site is ideal for future single-family homes or townhomes pending Village approval. Surrounded by established neighborhoods, new construction, and strong area demand, the location offers quick access to Fremd High School, Plum Grove Middle School, Highway 53/90, the Metra, O'Hare Airport, Woodfield Mall, Downtown Palatine and the future Chicago Bears devleopment. The three-lot offering includes the corner parcel at 712 S Plum Grove Rd, the extra-wide vacant lot at 712 S Plum Grove Rd (Rear) with Michigan Ave frontage, and the expansive parcel at 724 S Plum Grove Rd. While existing structures remain on two parcels, the value is in the land and its redevelopment potential. This is a rare opportunity to control an entire corner block in a thriving suburban market and bring your next residential project to life.
Active
$1,299,995
712-724 S Plum Grove Rd, Palatine, IL 60067
--beds
--baths
1.2Acres
Unimproved Land
Built in ----
1.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Prime high-visibility cornerSurrounded by established neighborhoods
- 60 days |
- 221 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: February 08, 2026 at 10:07pm
Listing courtesy of:
Michael Mandile 847-322-8827,
Compass,
Tim Lorimer,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12560086
Facts & features
Interior
Heating
- Natural Gas, Electric
Cooling
- Central Air
Appliances
- Laundry: In Unit
Property
Parking
- Parking features: Asphalt, Concrete
Features
- Frontage length: 999
Lot
- Size: 1.2 Acres
- Dimensions: 274' x 197' x 285' x 174'
Details
- Additional parcels included: 02224100150000,02224100080000
- Parcel number: 02224100160000
- Special conditions: None
Utilities & green energy
- Utilities for property: Natural Gas Available, Other
Community & HOA
Location
- Region: Palatine
Financial & listing details
- Annual tax amount: $33,163
- Date on market: 2/3/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Listed for sale | $1,299,995-7.1% |
Source: | ||
| 2/3/2026 | Listing removed | $1,400,000 |
Source: | ||
| 12/4/2025 | Listed for sale | $1,400,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 60067
Nearby schools
GreatSchools rating
- 6/10Pleasant Hill Elementary SchoolGrades: K-6Distance: 0.7 mi
- 6/10Plum Grove Jr High SchoolGrades: 7-8Distance: 0.4 mi
- 10/10Wm Fremd High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Pleasant Hill Elementary School
- Middle: Plum Grove Middle School
- High: Wm Fremd High School
- District: 15
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 60067
- Illinois
- Cook County
- Palatine
- 60067
- 712-724 S Plum Grove Rd




