Palatine IL Real Estate & Land for Sale

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.

Builders & Buyers - Here's Your Chance to Build on a Private Quiet Nature Lined Lot in Palatine! Just under 1/2 acre with a Wraparound Creek & Surrounded by Trees. Close to Downtown Palatine, Metra, Restaurants, Shopping, Forest Preserve, Bike Paths, Airport, & Future Bears Entertainment District! ***NON DIVIDABLE, ZONED R1-SF, OWNER HAS EASEMENT TO THIS LOT ON DRIVEWAY OF WHITE BRICK HOUSE TO THE SOUTH***. Walk the Property and Let's Collaborate!

This is an opportunity to purchase 2 lots adjacent to each other or purchase separately. These parcels were zoned Planned Unit Development which allows for less setback between homes, therefore allowing a larger structure footprint.This is 1 of 2 available lots which are next to each other. Adjoining lot at 1124 W. Colfax (corner lot) is also available. Refer to attached prior building plans.

This is an opportunity to purchase 2 lots adjacent to each other or purchase separately. These parcels were zoned Planned Unit Development which allows for less setback between homes, allowing for larger structure footprint. This is 1 of 2 available lots which are next to each other. This parcel (1124 W. Colfax) is the undeveloped corner lot. Adjoining lot at 667 Morrison is also available for purchase. Refer to attached zoning plans.