641 W Lake Cook Road, Palatine, IL 60074

Local realty services provided by:CENTURY 21 North East
641 W Lake Cook Road,Palatine, IL 60074
$550,000
  • 3 Beds
  • 2 Baths
  • 2,100 sq. ft.
  • Single family
  • Active
Listed by: john klick
Office: exp realty
MLS#:12713148
Source:MLSNI

Price summary

  • Price:$550,000
  • Price per sq. ft.:$261.9

About this home

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.

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Home facts

  • Year built:1976
  • Listing ID #:12713148
  • Updated:July 22, 2026 at 11:46 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Basement Description:Partial, Unfinished
  • Living area:2,100 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1976
  • Building area:2,100 sq. ft.
  • Lot area:1.57 Acres

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$261.9
  • Tax amount:$11,355 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Nate Brown