Residential Buildable Land
For Sale
$155,000
882 North Franklin Avenue, Palatine, IL 60067
Nature-lined residential lot with wraparound creek and tree cover, offered as non-dividable in an R1-SF zoning setting.
Property SizeContact for details
Days on Market342
Property Features for 882 North Franklin Avenue
General Information
Standard status
Active
Property subtype
Land
Zoning
SINGL
Taxes and HOA fees
Annual Taxes
$1,854
Listing Agency:
Mark Allen Realty
(847) 344-3046
Listed By:
David LoSavio · License #475194596
(847) 344-3046
Source:
Compass
Added: Sep 10, 2025
Changed: Aug 8
Last Checked: Mar 25 at 6:42PM
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 Mark Allen Realty
Investment Insights
Based on property information with market context.
This residential lot is set back on a quiet, nature-lined site with tree cover and a wraparound creek. The property is offered as non-dividable and zoned R1-SF, making it suitable for a single-family build consistent with the existing zoning classification.
Access is supported by an easement held by the owner to the lot via the driveway of a white brick house to the south. The lot is positioned close to Downtown Palatine, Metra, restaurants and shopping, as well as nearby forest preserve areas and bike paths.
The seller invites builders and buyers to walk the property and collaborate on next steps. Future regional development is also noted in the surrounding area.
Access is supported by an easement held by the owner to the lot via the driveway of a white brick house to the south. The lot is positioned close to Downtown Palatine, Metra, restaurants and shopping, as well as nearby forest preserve areas and bike paths.
The seller invites builders and buyers to walk the property and collaborate on next steps. Future regional development is also noted in the surrounding area.
Key Highlights
- Residential lot just under 1/2 acre with wraparound creek and tree‑lined setting
- Non‑dividable lot offered in R1‑SF zoning
- Owner has an easement to this lot via the driveway of the white brick house to the south
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
457
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 - Nature-lined residential lot with wraparound creek and tree cover, offered as non-dividable in an R1-SF zoning setting.
Where is this residential land & home lot located?
The property is located at 882 North Franklin Avenue Palatine, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Residential lot just under 1/2 acre with wraparound creek and tree‑lined setting; Non‑dividable lot offered in R1‑SF zoning; Owner has an easement to this lot via the driveway of the white brick house to the south
