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641 W Lake Cook Road Palatine IL 60074

MLS #12713148

Cancelled
$500,000
July 22nd, 2026

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.

Property Info

3 Bedrooms
2 Bathrooms
34 Days on Market
4860 Sq Ft
$103/sqft
PIN: 02031000280000

Tax & HOA Information

Tax Year 2024: $24,802
HOA: $0/month
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Schools

GreatSchools Rating: N/A
Elementary School
District 15
GreatSchools Rating: N/A
Middle School
District 15
GreatSchools Rating: N/A
High School
District 211

Property Location

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Listed by John Klick with eXp Realty 888-574-9405

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity℠ Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Panda Nook Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 15 minutes. Listing last updated 11:45 PM CT on 10/15/2026.