712-724 S Plum Grove Road, Palatine, IL 60067

Palatine
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
712-724 S Plum Grove Road,Palatine, IL 60067
$1,299,995
  • 1.2 Acres
  • Lots / Land
  • Active
Listed by: michael mandile, tim lorimer
Office: compass
MLS#:12560086
Source:MLSNI

Price summary

  • Price:$1,299,995

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...

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Home facts

  • Listing ID #:12560086
  • Updated:May 14, 2026 at 10:56 AM

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Natural Gas
  • Central air:Yes

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:$1,299,995
  • Tax amount:$33,163 (2023)

Parking

  • Parking description:Asphalt, Concrete
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