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$1,400,000

712-724 S Plum Grove Road
Palatine, Illinois 60067

New / MLS #12525490 / Vacant Land / Palatine
Listing information updated 12/4/2025 at 1:43pm
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.
Heating System:
Natural Gas, Electric
Parking Type:
Asphalt,Concrete
Water Front:
No
Square Feet:
N/A
Lot Size:
1.0-1.99 Acres
Acreage:
1.2
Tax Amount:
$33,163
Tax Year:
2023
Zip Code:
60067
City:
Palatine
County:
Cook
School District(s):
15, 211
Elementary School:
Pleasant Hill Elementary School
Middle School:
Plum Grove Middle School
High School:
Wm Fremd High School

Listing Office: Compass

Listing Office Phone: 773.482.1917

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/4/2025 at 1:43pm. 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 listings have been excluded from this website.

Palatine, IL

Palatine has mastered the art of balance. The growing community has a healthy mix of residents who enjoy its friendly suburban lifestyle and businesses that fuel the local economy.  The village embraces growth to support a wealth of amenities and services. The Palatine Park District has 28 parks, a...
$391,569
Average Sale Price
37
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 712-724 S Plum Grove Road, Palatine, IL 60067
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712-724 S Plum Grove Road, Palatine, IL 60067 is a vacant land currently listed at $1,400,000. This vacant land has been listed on @properties Christie's International Real Estate since December 4th, 2025. Nearby schools include Pleasant Hill Elementary School, Plum Grove Middle School, and Wm Fremd High School.

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