Undeveloped Corner Home
For Sale
$140,000
1124 West Colfax Street, Palatine, IL 60067
Undeveloped corner lot offered as a single parcel or alongside an adjacent lot for combined development flexibility.
Property SizeContact for details
Days on Market791
Property Features for 1124 West Colfax Street
General Information
Standard status
Active
Property subtype
Land
Zoning
SINGL
Taxes and HOA fees
Annual Taxes
$1,347
Listing Agency:
Berkshire Hathaway HomeServices Starck Real Estate
(847) 772-6939
Listed By:
Aspasia
(847) 772-6939
Source:
Compass
Added: Jun 12, 2024
Changed: Aug 8
Last Checked: Mar 25 at 5:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Starck Real Estate
Investment Insights
Based on property information with market context.
This listing offers an undeveloped corner residential lot that is available for purchase separately or together with an adjoining parcel. The parcel is designated as a Planned Unit Development, which is described as allowing for less setback between homes and therefore a larger potential structure footprint. This is one of two available lots next to each other.
The property is identified as 1124 West Colfax Street, with the adjoining lot listed separately as 667 Morrison. Attached zoning plans are referenced for additional details on the Planned Unit Development.
Interested parties may purchase either lot individually or consider a combined purchase of the two adjacent parcels.
The property is identified as 1124 West Colfax Street, with the adjoining lot listed separately as 667 Morrison. Attached zoning plans are referenced for additional details on the Planned Unit Development.
Interested parties may purchase either lot individually or consider a combined purchase of the two adjacent parcels.
Key Highlights
- Undeveloped corner lot at 1124 W. Colfax, offered as a single parcel or alongside an adjacent lot.
- Can be purchased adjacent to 667 Morrison for combined development flexibility.
- Property was zoned Planned Unit Development (PUD), which allows for less setback between homes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
948
Businesses Nearby
Explore this area
Business Placement
Demographics for 60067, IL
39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Undeveloped corner lot offered as a single parcel or alongside an adjacent lot for combined development flexibility.
Where is this residential land & home lot located?
The property is located at 1124 West Colfax Street Palatine, IL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Undeveloped corner lot at 1124 W. Colfax, offered as a single parcel or alongside an adjacent lot.; Can be purchased adjacent to 667 Morrison for combined development flexibility.; Property was zoned Planned Unit Development (PUD), which allows for less setback between homes.
