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712 S Plum Grove Rd
Palatine, IL 60067
712-724 S Plum Grove Rd · Land For Sale · 1.19 AC

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Investment Highlights

  • Three combined parcels totaling approximately 51,800 sq ft (1.19 acres
  • Quick access to Fremd High School, Plum Grove Middle School, Highway 53/90, the Metra, O'Hare Airport, Woodfield Mall, Downtown Palatine
  • Ideal for future single-family homes or townhomes pending Village approval

Property Facts

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Apartment Units
  • Planned Unit Development
  • Single Family Development
Total Lot Size 1.19 AC

1 Lot Available

Lot

Price $1,299,995
Price Per AC $1,092,432.77
Lot Size 1.19 AC

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.

Description

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.

  • Listing ID: 39337622

  • Date on Market: 2/5/2026

  • Last Updated:

  • Address: 712 S Plum Grove Rd, Palatine, IL 60067

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