$2,175,000

1007 E Palatine Rd Arlington Heights, IL 60004

Estimated payment $14,833/month

Total Views 12,569
0 Acre
-- Price per Acre
0 Sq Ft Lot

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.

Listing Agent

Scott Birkeland

SB Real Estate Group, PLLC License #471021574 Listed on: 02/10/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,668

Additional Features

  • Lot Dimensions are 180x253
  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$38,668

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected
  • Water Source: Community Water, Municipal Water

Lot Info

  • Lot Dimensions: 180x253
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 38668
  • Tax Year: 2023

Map

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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2026 02/10/26 For Sale $2,175,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $380,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12566025

Midwest Real Estate Data (MRED)

APN: 03-20-201-001-0000

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