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Land · Palatine, IL
$529,000
— beds · — baths
1120 W Wood Street, Palatine, IL, 60067
A brick-and-mortar place to make your own — room to make it home.
Active
What’s special
Central air1.03-acre lot
Land, location & potential! This is a 1.03 acre lot in a highly desirable area and sought-after school district. Mature trees provide privacy while still being close to shopping, downtown Palatine, Metra transportation, and Inverness Golf Club. Currently serviced by well and septic, with water and sewer available at the street, the property offers exciting possibilities for the future. Live in the existing home while exploring the potential to build an additional home or fully knock down and re-build, subject to zoning and municipal approval. A rare opportunity to own a substantial parcel in a prime location with tremendous potential! Value is in the land.
— the listing agent’s description
The home
1.03-acre lot
Land
What it’ll cost
$6,425 taxes / yr
No HOA
New today
Estimated monthly payment
$3,502/mo
Principal & interest$2,813
Property taxes$535
Homeowners insurance$154
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On our team, vettedYour info is never soldWith you through closing
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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New today
Price history
Listed for sale
Aug 12, 2026
$529,000
Earlier records
Listed
Aug 12, 2026
$529,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
Assessed value
2025
County assessor
2024
2023
2022
2021
2020
2019
2018
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 GasSeptic TankAsphalt
Schools
Elementary — Marion Jordan Elementary School
Middle — Walter R Sundling 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 data
Listed by Jill Little · Suburban Life Realty, Ltd
Listing last updated Aug 12, 2026 · data refreshed from the MLS Aug 12, 2026, 8:46 PM CT
Based on information submitted to the MLS GRID as of Aug 12, 2026, 8:46 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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