One of the last parcels of this size, this is your 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. Offering exceptional scale for new construction, this site is ideal for future single-family homes or townhomes pending Village approval. Surrounded by established neighborhoods, new construction, and strong area demand, 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 devleopment. 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. While existing structures remain on two parcels, the value is in the land and its redevelopment potential. This is a rare opportunity to control an entire corner block in a thriving suburban market and bring your next residential project to life.
Property Details
Price:
$1,400,000
MLS #:
MRD12525490
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
palatine
Listed Date:
Dec 4, 2025
Schools
School District:
211
Elementary School:
Pleasant Hill Elementary School
Middle School:
Plum Grove Middle School
High School:
Wm Fremd High School
Interior
Cooling
Central Air
Heating
Natural Gas, Electric
Laundry Features
In Unit
Exterior
Parking Features
Asphalt, Concrete
Financial
Tax Year
2023
Taxes
$33,163
Listing Agent & Office
Michael Mandile
Compass
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