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  • $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
    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.
    60 days
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    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#: 12560086MLS Logo

      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
        DateEventPrice
        2/3/2026Listed for sale$1,299,995-7.1%
        Source: MRED as distributed by MLS GRID #12560086 Report a problem
        2/3/2026Listing removed$1,400,000
        Source: MRED as distributed by MLS GRID #12525490 Report a problem
        12/4/2025Listed for sale$1,400,000
        Source: MRED as distributed by MLS GRID #12525490 Report a problem

        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

        Getting around

        70 / 100
        Very Walkable
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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