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    628 S Wilke Rd Palatine, IL 60074

    Picture of Land at S Wilke Rd 628, Palatine, IL
    For Sale
    $500,000

    Land - Palatine, IL

    Lot size:
    1.00 Acre
    Days on Market:
    64
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 628 S Wilke Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    02244070460000
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    North Star Realty (847) 276-0583 [email protected]

    Listing agent Robert Hall (847) 873-0223 License #471008544

    Listing date Oct 6, 2025

    MLS# 12486105 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palatine Land Near Train Station

    This property, intended for builders and developers, features mature trees and an excellent location. It is within walking distance to the train and offers easy access to expressways, the airport, and shopping. The land consists of two separate pin numbers, potentially offering two buildable lots. Each lot is approximately 60x288. The property is located in Palatine, Illinois.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0050239
    Latitude
    42.0981093

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    FAQs

    What type of property is this?
    Land - Buildable lots near train, with mature trees and easy access.
    Where is this land located?
    The property is located at 628 S Wilke Rd Palatine, IL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Two buildable lots possible with separate pin numbers.; - Excellent location within walking distance to the train.; - Proximity to the future Bears Stadium (potential future value).
    (847) 873-0223
    Request Owner's contact information
    628 S Wilke Rd Palatine, IL 60074
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    Palatine, IL 60074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    628 S Wilke Rd Palatine, IL 60074
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