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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.
| DAYS ON MARKET | 30 | LAST UPDATED | 7/29/2026 |
|---|---|---|---|
| YEAR BUILT | 1976 | COMMUNITY | Palatine |
| GARAGE SPACES | 2.0 | COUNTY | Cook |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Jul 29, '26 | $550,000 |
|---|---|
| Jul 29, '26 - Today | $500,000 |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Palatine |
| BASEMENT | Partial, Unfinished, Yes |
| CONSTRUCTION | Cedar |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 1.57 acre(s) |
| LOT DIMENSIONS | 21824 |
| PARKING | Detached, Garage |
| SEWER | Public Sewer |
| TAXES | 11354.8 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with eXp Realty
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Copyright 2026 MRED. All rights reserved.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.