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About the Listing 87488 - 890739
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.
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Partial
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 21824
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $24,802
- Taxes w/Assessments: N/A
- Tax/Property ID: 02031000280000
- Tax Year: 2024
Payment Calculator
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Questions About..
641 W Lake Cook Rd Palatine, IL 60074
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