Attention builders, developers, and investors! Exceptional tear-down opportunity on approx. 8,712 sq. ft. (66x132) lot in a highly sought-after downtown Palatine location. Surrounded by historical charm and newer construction, this property is ideal for a custom home. The existing 3-bedroom, 1-bath home is being sold AS-IS. with the value in the land. Enjoy close proximity to the Metra Station, downtown restaurants, shopping, parks, award-winning schools, community centers, and all that Palatine has to offer. A rare chance to secure a premium lot in an established neighborhood with strong demand for new construction!
— the listing agent’s description
The home
3 beds
1 baths
1,152 sqft
Built in 1888
0.20-acre lot
1-car garage
Detached Single
Bungalow
What it’ll cost
$286 / sqft
$2,145 taxes / yr
No HOA
New today
Estimated monthly payment
$2,024/mo
Principal & interest$1,749
Property taxes$179
Homeowners insurance$96
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Central AirWindow Unit(s)BaseboardBrickPublic SewerAsphaltYes
Schools
Elementary — Gray M Sanborn Elementary School
Middle — Walter R Sundling Middle School
High — Palatine High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.