641 W Lake Cook Road, Palatine, IL 60074

Palatine
Local realty services provided by:Better Homes and Gardens Real Estate Connections
641 W Lake Cook Road,Palatine, IL 60074
$500,000
  • 3 Beds
  • 2 Baths
  • 2,100 sq. ft.
  • Single family
  • Active
Listed by: john klick
Office: exp realty
MLS#:12713148
Source:MLSNI

Price summary

  • Price:$500,000
  • Price per sq. ft.:$238.1

About this home

Exceptional opportunity to own a single-family home in a prime location along highly traveled Lake Cook Road, directly across from Deer Park Town Center. The two adjoining parcels are also available for purchase separately, creating a potential assemblage of approximately 1.57 acres. This unique offering provides outstanding visibility and long-term redevelopment potential. Currently zoned R-1 Single Family Residential, the site may present opportunities for future residential, multifamily, mixed-use, or commercial redevelopment, subject to municipal approvals and rezoning. Buyers are encouraged to perform their own due diligence regarding zoning and development possibilities. Whether you're an investor looking to land bank, a builder seeking a larger development site, or an owner-user planning for future appreciation, opportunities to assemble approximately 1.57 acres in this highly desirable location are exceptionally rare.

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Home facts

  • Year built:1976
  • Listing ID #:12713148
  • Updated:August 07, 2026 at 10:51 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Basement Description:Partial, Unfinished
  • Living area:2,100 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1976
  • Building area:2,100 sq. ft.
  • Lot area:1.57 Acres

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$238.1
  • Tax amount:$11,355 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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