$1,299,995

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

Land
Built in ——
1.2acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Data Last Updated:: April 3, 2026 at 11:18PM
Listing Office:: Compass : 847-322-8827
Listing Agent:: Michael Mandile : 847-322-8827
MLS ID:: 12560086

Laundry: In Unit
A/C: Central Air
Heating: Natural GasElectric

Parking: AsphaltConcreteParking spaces: 0

Road/Access: AsphaltCity Street
Originating MLS: mred
School District: 15
County: Cook

Zoning: 02224100160000
Current Use: Single Family

Utilities: Natural Gas AvailableOther

Source: mred
Ownership: Fee Simple

This listing courtesy of Michael Mandile , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pleasant Hill Elementary School

434 W Illinois Ave, Palatine, IL, 60067

Grades KG-5

0.50 miles away

Plum Grove Junior High School

2600 Plum Grove Rd, Rolling Meadows, IL, 60008

Grades 6-8

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.