1007 E Palatine Rd Arlington Heights, IL 60004
Estimated payment $14,539/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
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