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712-724 S Plum Grove Road Palatine, IL 60067

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For Sale
$1,299,995

LAND - Palatine, IL

Lot size:
1.20 Acres
Added:
Feb 3, 2026
Days on Market:
57
Last Refresh:
Apr 1 at 2:06 pm

Property Features for 712-724 S Plum Grove Road

General Information

Property type
Land
Property subtype
Other
Rooms
Laundry Room
Standard status
Active
APN
02224100160000
Lot size
1.20 Acres

Taxes and HOA fees

TaxYear
2023
TaxAnnualAmount
33163

Utilities

Utilities
Natural Gas Available
Heating system
Natural Gas, Electric (Heating)
Cooling system
Central Air

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Listing Contact
Michael Mandile

Listing agent Michael Mandile License #475174712

Listing office Compass 55 E ERIE ST STE 1C, IL

Listing date Feb 3, 2026

MLS# 12560086 Listing URL

Copyright © 2026 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

Prime Palatine Land Opportunity

This is a rare opportunity to acquire three combined parcels totaling approximately 51,800 sq ft (1.19 acres) on a prime, high-visibility corner in the heart of Palatine. The site offers exceptional scale for new construction and is ideal for future single-family homes or townhomes, pending Village approval. The location is surrounded by established neighborhoods, new construction, and strong area demand, and 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 development. 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. Existing structures remain on two parcels, but the value is in the land and its redevelopment potential. This is a chance to control an entire corner block in a thriving suburban market and bring your next residential project to life.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Palatine
County
Cook
State
Illinois
Longitude
-88.044227
Latitude
42.097373

FAQs

What type of property is this?
Residential land & home lot - Large corner parcel suitable for residential development in Palatine, IL.
Where is this residential land & home lot located?
The property is located at 712-724 S Plum Grove Road Palatine, IL.
What is the asking price?
The asking price for this property is $1,299,995.
What are key features of this property?
This property features: Large combined parcel: Approximately 51,800 sq ft (1.19 acres) in prime Palatine location.; **High‑visibility corner lot offering exceptional scale for new construction.**; Ideal for single‑family homes or townhomes (pending Village approval).
More about this property
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