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724 S Plum Grove Road, Palatine, IL 60067

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For Sale

$1,200,000

5 beds • 5 baths • 1 half baths • 7,592 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $158.06
    Price per square foot

  • Fireplace
    Fireplace

Explore this Property

Investors, developers, and visionaries, this is your chance to unlock endless potential in the heart of Palatine with two prime parcels being sold together as one extraordinary opportunity. Whether you're looking to build single-family homes or townhomes, convert into a rental property, or create a unique live/work compound, this offering delivers unmatched flexibility, pending Village approval. The vacant lot at 712 S Plum Grove Rd sits on an extra-wide parcel surrounded by mature trees, offering coveted Michigan Avenue frontage and the possibility of changing the official address to match. Just next door, 724 S Plum Grove Rd features a sprawling 5-bedroom, 5-bathroom home with over 7,500 square feet of versatile living space. Previously used as a live/work setup and once home to a business, the property's expansive floor plan opens the door for future rental income, multigenerational living, or continued business use. Inside, you'll find soaring vaulted ceilings, oversized living and entertaining areas, multiple offices and dens, ensuite bedrooms, a spacious kitchen and dining area, and a stunning primary suite with large closets and a generous bath. Unique architectural features like spiral staircases, fireplaces, and custom nooks add charm and character, while private patios and peaceful outdoor areas round out the property. Perfectly positioned near Fremd High School, Plum Grove Middle School, Highway 53/90, the Metra, O'Hare Airport, Woodfield Mall, and Downtown Palatine, this one-of-a-kind compound is surrounded by upscale homes and continued development. Whether you're looking to live, invest, or build, this high-potential opportunity is priced to move and won't last long. Make it yours today!
MLS# 12440367

Courtesy Of Compass Real Estate

(773) 482-1917

Property Features

  • Amenities
    Vaulted Ceiling
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood
  • Rooms
    Bonus Room, Dining Room, Family Room, Kitchen, Living Room, Office

Map and Directions

Directions to 724 S Plum Grove Road, Palatine, IL 60067

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(847) 963-0400
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.