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David Palmer
Broker
REALTOR®, SRES, e-Pro
(815) 566-2437

5280 Old Plum Grove Road , Palatine, IL 60067

$595,995
  • 5280 Old Plum Grove Road , Palatine, IL 60067 Main Photo

44 Photos

New to the Market New
LOT SIZE 1.250 acres MLS#12799680
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 211

Property Description

LAND, LOCATION & POTENTIAL! RARE 1.25-ACRE REDEVELOPMENT / REHAB OPPORTUNITY in a sought-after Palatine / Rolling Meadows location! Set among mature trees and natural greenery along Salt Creek, this private, expansive property offers a rare opportunity to renovate the existing residence, reimagine the property, or explore the possibilities of creating a custom dream home in a secluded, wooded setting. The existing residence features 4 bedrooms, 3.5 bathrooms, and over 4,000 square feet of living space, with generous room sizes, multiple living and entertaining areas, and a distinctive floor plan ready for transformation. The home is being sold AS-IS and requires renovation, presenting an exceptional opportunity for a buyer, builder, or investor with vision. Currently serviced by a private well and septic system, with municipal water and sewer available at the street. Enjoy an uncommon combination of acreage, privacy, and natural surroundings while remaining conveniently close to major transportation routes, shopping, dining, and recreation. Located within the highly regarded Fremd High School and Plum Grove Middle School attendance areas, offering access to excellent educational opportunities. Just minutes from Route 53, I-90, downtown Palatine, Metra commuter access, Woodfield Mall, Schaumburg's premier shopping and entertainment destinations, Costco, Trader Joe's, Whole Foods, restaurants, golf courses, parks, and recreation. Opportunities like this are increasingly hard to find. Bring your vision and explore the possibilities this exceptional property has to offer. Renovate. Reimagine. Redevelop. Property is being sold AS-IS.

5280 Old Plum Grove Road | MLS# 12799680

This land located at 5280 Old Plum Grove Road , Palatine, IL 60067 is currently listed for sale with an asking price of $595,995. The property has approximately 1.25 Acres. Old Plum Grove Road is located within the District 211 school district. Search Palatine real estate on dpalmer.gogambino.com today.

Property Features

Property Type: Land - Residential
Basement: None
Lot Size: 1.25 Acres
Taxes: $22,457

Feature Descriptions

Current Use: Single Family
Frontage: 290.1
Frontage Type: Public Road
Lot Dimensions: 312.6x49.9x389.8x290.1
Parcel#: 02342000540000
Road Surface: Concrete
Township: Palatine
Utilities: Electric to Site, Natural Gas Available

Local Schools

High School: Wm Fremd High School
Middle School: Plum Grove Middle School
School District: District 211

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 773-482-1917

Shown By

Agent Name: David Palmer
Agent Phone: (815) 566-2437
Agency Title: Gambino Realtors

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Estimated Payment

$ 4,752.44 per month $2,707.20 Principal & Interest $1,871.42 Property Tax $173.83 Homeowner's Insurance

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