1007 E Palatine Rd Arlington Heights, IL 60004
Estimated payment $14,844/month
About This Lot
Summary 1007 E Palatine Rd represents a rare, fully entitled development opportunity in one of suburban Chicago's most desirable and land-constrained retail corridors. With final city approvals in hand for a modern car wash, this site offers a turnkey path to construction with minimal lead time. Exceptional visibility, strong demographics, and established infrastructure make this a top-tier investment and development site.
Property Details
Property Type
- Land
Est. Annual Taxes
- $38,668
Additional Features
- Lot Dimensions are 180x253
- Electricity To Lot Line
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $38,668 | $65,537 | $65,537 | -- |
| 2024 | $38,668 | $54,614 | $54,614 | -- |
| 2023 | $64,836 | $141,251 | $136,535 | $4,716 |
| 2022 | $64,836 | $245,911 | $163,841 | $82,070 |
| 2021 | $59,183 | $196,609 | $163,841 | $32,768 |
| 2020 | $57,652 | $196,609 | $163,841 | $32,768 |
| 2019 | $51,621 | $196,609 | $163,841 | $32,768 |
| 2018 | $46,866 | $160,600 | $98,304 | $62,296 |
| 2017 | $46,315 | $160,600 | $98,304 | $62,296 |
| 2016 | $43,196 | $160,600 | $98,304 | $62,296 |
| 2015 | $45,264 | $153,299 | $92,843 | $60,456 |
| 2014 | $43,943 | $153,299 | $92,843 | $60,456 |
| 2013 | $42,838 | $153,299 | $92,843 | $60,456 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | For Sale | $2,175,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $565,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Joint Tenancy Deed | $290,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $380,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12566025
APN: 03-20-201-001-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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