$550,000

641 W Lake Cook Road, Palatine, IL 60074

  • 3 beds |
  • 2 baths |
  • 2,100 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon1.57acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $262/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
July 24, 2026 at 1:18PM
Listing Office:
eXp Realty : 773-221-4330
Listing Agent:
John Klick : 773-221-4330
MLS ID:
12713148
  • Rooms: No additional rooms
  • Basement: UnfinishedPartial
  • A/C: Other
  • Heating: Natural Gas
  • Disability Feature: None
  • Parking: YesGarage OwnedDetachedGarageParking spaces: 2
  • General: None
  • HOA Amenities: Not Applicable
  • Originating MLS: mred
  • School District: 15
  • County: Cook
  • Zoning: 02031000280000
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of John Klick , eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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