Corcoran Urban Real Estate
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Any Beds
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10 Properties Within 0.5 miles of: 641 W Lake Cook, Palatine
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641 W Lake Cook
Palatine, IL 60074

  • 3 Beds
  • 2 Baths
  • 2,100 Sq. Ft.
  • Built In 1976
Price

$550,000

Est Payment
$3,751 / month (details)  
Taxes
$11,355  
Beds
3  
Baths
2  
Rooms
6  
Type
Detached  
Sq. Ft.
2,100  
Lot Size
21824  
Built
1976  
Neighborhood
Palatine  
MLS
#12713148
Status
Active (5 days)

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.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
10X10
Dining Room
Main
10X10
Kitchen
Main
10X10
Family Room
N/A
Laundry
N/A
Master Bedroom
Main
14X11
Bedroom 2
Main
12X11
Bedroom 3
Main
12X11
Bedroom 4
N/A

Utilities

  • Heating Natural Gas
  • Cooling Other
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Yes, Garage Owned, Detached, Garage
Schools
District 211, District 15

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-22-2026 Listed at $550,000
Last Modified 7/28/26 12:05 AM

Nearby Transportation

  • Hwy 53 South 2.8 mi
  • Hwy 53 North 4.1 mi
grid
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