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5 Properties Within 0.5 miles of: 712-724 S Plum Grove, Palatine

712-724 S Plum Grove
Palatine, IL 60067

Price

$1,400,000

Est Payment
$10,185 / month (details)  
Taxes
$33,163  
Type
Land  
Sq. Ft.
n/a  
Lot Size
274' x 197' x 285' x 174'  
Neighborhood
Palatine  
MLS
#12525490
Status
Active (5 days)

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Electric
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

Parking
Asphalt, Concrete
Schools
Wm Fremd High School (211), Plum Grove Middle School (15), Pleasant Hill Elementary School (15)

Payment Calculator

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

Listing History

12-04-2025 Listed at $1,400,000
Last Modified 12/4/25 1:32 PM

Nearby Transportation

  • Union Pacific Northwest 1.1 mi
  • Hwy 53 South 0.8 mi
  • Hwy 53 North 0.9 mi
  • I 90 West 2.9 mi
  • I 90 East 2.9 mi
  • I 290 West 3.7 mi
  • I 290 East 4.3 mi
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