712-724 S Plum Grove Rd Palatine, IL 60067
Plum Grove Village NeighborhoodEstimated payment $10,106/month
Highlights
- 1.2 Acre Lot
- Corner Lot
- Heating System Uses Natural Gas
- Pleasant Hill Elementary School Rated A
- Central Air
About This Lot
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
Property Type
- Land
Est. Annual Taxes
- $33,163
Lot Details
- 1.2 Acre Lot
- Lot Dimensions are 274' x 197' x 285' x 174'
- Corner Lot
- Additional Parcels
Parking
- Driveway
Schools
- Pleasant Hill Elementary School
- Plum Grove Middle School
- Wm Fremd High School
Additional Features
- Laundry in unit
- Central Air
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $1,400,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12525490
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