Prime Palatine Corner Land
For Sale
Contact for pricing
712 S Plum Grove Rd, Palatine, IL 60067
Large 1.19 acre land parcel in Palatine, Illinois.
Property SizeContact for details
Lot Size1.19 Acres
Days on Market193
Property Features for 712 S Plum Grove Rd
General Information
Standard status
Active
Lot size
1.19 Acres
Property subtype
Land
Listing Agency:
Compass
(847) 322-8827
Listed By:
Tim Lorimer · License #475.175866
Source:
Crexi
Added: Feb 5
Changed: Aug 8
Last Checked: Jul 16 at 5:18AM
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 Compass
Investment Insights
Based on property information with market context.
This is a 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. The site is ideal for future single-family homes or townhomes pending Village approval. 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 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. Surrounded by established neighborhoods, new construction, and strong area demand, the value is in the land and its redevelopment potential. Existing structures remain on two parcels. This is a rare opportunity to control an entire corner block in a thriving suburban market and bring your next residential project to life.
Key Highlights
- 1.19 acres (51,800 sq ft) of land on a prime, high‑visibility corner lot.
- Ideal for new construction of single‑family homes or townhomes (pending Village approval).
- Located in the heart of Palatine, surrounded by established neighborhoods and new construction.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,146
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 - Large 1.19 acre land parcel in Palatine, Illinois.
Where is this residential land & home lot located?
The property is located at 712 S Plum Grove Rd 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: 1.19 acres (51,800 sq ft) of land on a prime, high‑visibility corner lot.; Ideal for new construction of single‑family homes or townhomes (pending Village approval).; Located in the heart of Palatine, surrounded by established neighborhoods and new construction.
