The median home value in Palatine, IL is $270,000.
This is
lower than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Palatine, IL is $270,000.
Approximately 67% of Palatine homes are owned,
compared to 27% rented, while
6% are vacant.
Palatine real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Palatine real estate agent to arrange a tour today!
Learn more about Palatine.
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!
Investors, developers, and visionaries, this is your chance to unlock endless potential in the heart of Palatine with two prime parcels being sold together as one extraordinary opportunity. Whether you're looking to build single-family homes or townhomes, convert into a rental property, or create a unique live/work compound, this offering delivers unmatched flexibility, pending Village approval. The vacant lot at 712 S Plum Grove Rd sits on an extra-wide parcel surrounded by mature trees, offering coveted Michigan Avenue frontage and the possibility of changing the official address to match. Just next door, 724 S Plum Grove Rd features a sprawling 5-bedroom, 5-bathroom home with over 7,500 square feet of versatile living space. Previously used as a live/work setup and once home to a business, the property's expansive floor plan opens the door for future rental income, multigenerational living, or continued business use. Inside, you'll find soaring vaulted ceilings, oversized living and entertaining areas, multiple offices and dens, ensuite bedrooms, a spacious kitchen and dining area, and a stunning primary suite with large closets and a generous bath. Unique architectural features like spiral staircases, fireplaces, and custom nooks add charm and character, while private patios and peaceful outdoor areas round out the property. Perfectly positioned near Fremd High School, Plum Grove Middle School, Highway 53/90, the Metra, O'Hare Airport, Woodfield Mall, and Downtown Palatine, this one-of-a-kind compound is surrounded by upscale homes and continued development. Whether you're looking to live, invest, or build, this high-potential opportunity is priced to move and won't last long. Make it yours today!
Land available for development with 198 feet frontage on Lake Cook Road. Parcel is near intersection of Rand Rd & Lake Cook Rd. Additional parcels are available to assemble up to 25 acres, possibly more. These parcels are near Kildeer residential Development of multi-million-dollar homes. Whole Foods is already in the area. Potential Use Commercial, Office, Retail, Multi-Family Single Family Subdivision, Medical, Senior Housing and Assisted Living.
Build your dream home at 550 Quentin Road, Palatine! This prime vacant lot, zoned for single-family residential use, offers a rare opportunity in a tranquil, established neighborhood. Enjoy proximity to top-rated schools, parks, and shopping, with easy access to highways and public transportation. Design and create your perfect home in this ideal location. Contact us today to explore the possibilities!
Build your dream home at 550 Quentin Road, Palatine! This prime vacant lot, zoned for single-family residential use, offers a rare opportunity in a tranquil, established neighborhood. Enjoy proximity to top-rated schools, parks, and shopping, with easy access to highways and public transportation. Design and create your perfect home in this ideal location. Contact us today to explore the possibilities!
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.
1.67 acres vacant property located on Poteet Ave in Inverness. Property is located in flood zone and will require variance by the village to fill and build.
Build your dream home! Half acre lot just blocks from downtown Palatine. Close enough to stroll to restaurants, Metra train station, farmers market, and all the great festivals Palatine has to offer. Great schools including Fremd High School! Add the property currently listed to the West for an additional 110' of frontage. Currently listed under MLS #11960879, 333 W. Johnson for a potentially larger project. Both properties are noted on Palatine's 2004 Downtown Land Use Guide for Multi-Family Townhomes/Rental.
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