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Land · Palatine, IL
$1,299,995
beds · baths
712-724 S Plum Grove Road, Palatine, IL, 60067
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air1.20-acre lot
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.
— the listing agent’s description

The home

1.20-acre lot
Land

What it’ll cost

$33,163 taxes / yr
No HOA
82 days on dwello

Estimated monthly payment

$10,055/mo
Principal & interest$6,912
Property taxes$2,764
Homeowners insurance$379
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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82 days on dwello
Price history
Listed for sale
Feb 3, 2026
$1,299,995
Property taxes
2025
Annual tax bill (MLS)
$33,163/yr
Assessed value
2025
County assessor
$32,000~$320,000 mkt
2024
$30,001~$300,010 mkt
2023
$30,001~$300,010 mkt
2022
$30,001~$300,010 mkt
2021
$24,192~$241,920 mkt
2020
$24,190~$241,900 mkt
2019
$26,849~$268,490 mkt
2018
$26,665~$266,650 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirNatural GasElectricAsphaltConcrete

Schools

Elementary — Pleasant Hill Elementary School
Middle — Plum Grove Middle School
High — Wm Fremd High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Michael Mandile · Compass
Listing last updated Apr 25, 2026 · data refreshed from the MLS May 15, 2026, 1:35 PM CT
Based on information submitted to the MLS GRID as of May 15, 2026, 1:35 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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