Local realty services provided by:Better Homes and Gardens Real Estate Connections
712-724 S Plum Grove Road,Palatine, IL 60067
$1,400,000
- 1.2 Acres
- Lots / Land
- Active
Listed by: michael mandile, tim lorimer
Office: compass
MLS#:12525490
Source:MLSNI
Price summary
- Price:$1,400,000
About this home
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.
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Home facts
- Listing ID #:12525490
- Added:60 day(s) ago
- Updated:February 03, 2026 at 11:59 AM
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Natural Gas
Structure and exterior
- Lot area:1.2 Acres
Schools
- High school:Wm Fremd High School
- Middle school:Plum Grove Middle School
- Elementary school:Pleasant Hill Elementary School
Finances and disclosures
- Price:$1,400,000
- Tax amount:$33,163 (2023)
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