REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 550,000
Est. payment /mo
New
641 W Lake Cook RD Palatine, IL 60074
3 Beds
2 Baths
2,100 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $261
MLS Listing ID 12713148
Bedrooms 3
Full Baths 2
Year Built 1976
Annual Tax Amount $11,354
Tax Year 2024
Lot Size 1.570 Acres
Lot Dimensions 21824
Property Sub-Type Detached Single
Property Description
Exceptional opportunity to own a single-family home in a prime location along highly traveled Lake Cook Road, directly across from Deer Park Town Center. The two adjoining parcels are also available for purchase separately, creating a potential assemblage of approximately 1.57 acres. 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 larger development site, or an owner-user planning for future appreciation, opportunities to assemble approximately 1.57 acres in this highly desirable location are exceptionally rare.
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