24
See all 24 photos
$1,100,000
Est. payment /mo
6 Beds
4 Baths
4,860 SqFt
New
641 W Lake Cook RD Palatine, IL 60074
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Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 4,860 sqft
Price per Sqft $226
MLS Listing ID 12697772
Bedrooms 6
Full Baths 4
Year Built 1976
Annual Tax Amount $24,802
Tax Year 2024
Lot Size 1.570 Acres
Lot Dimensions 21824
Property Sub-Type Detached Single
Property Description
Exceptional 1.57-acre development opportunity comprised of THREE contiguous parcels being sold together. Sale includes two adjoining parcels (three separate PINs). The assemblage currently consists of one livable single-family residence, one home in need of significant renovation or teardown, and one vacant lot. Positioned along highly traveled Lake Cook Road and directly across from Deer Park Town Center, this unique offering provides outstanding visibility and long-term redevelopment potential. Currently zoned R-1 Single Family Residential, the site may present opportunities for future residential, multifamily, mixed-use, or commercial redevelopment, subject to municipal approvals and rezoning. Buyers are encouraged to perform their own due diligence regarding zoning and development possibilities. Whether you're an investor looking to land bank, a builder seeking a large development site, or an owner-user planning for future appreciation, opportunities to acquire three contiguous parcels totaling approximately 1.57 acres in this location are exceptionally rare. Properties are being sold together only. Individual parcels will not be sold separately.
Location
State IL
County Cook
Area Palatine
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas
Cooling Other
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Detached Single
Building Description Cedar, No
Sewer Public Sewer
Water Lake Michigan
Level or Stories None
Structure Type Cedar
New Construction false
Schools
School District 15 , 15, 211
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Klick of eXp Realty
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