1007 E Palatine Road Arlington Heights, IL ^$ 2,175,000

1007 E Palatine Road

^$ 2,175,000

Back to search

Recently Listed

1007 E Palatine Road

Arlington Heights, IL, 60004

^$ 2,175,000

Studio Baths0.0

Monthly Estimate*

^$ 13,392

1007 E Palatine Road, Arlington Heights, IL 60004 - Image 1

1007 E Palatine Road, Arlington Heights, IL 60004 - Image 2

1007 E Palatine Road, Arlington Heights, IL 60004 - Image 3

Studio

Lots and Land for sale in Arlington Heights, IL

for $2,175,000.

Summary 1007 E Palatine Rd represents a rare, fully entitled development opportunity in one of suburban Chicago's most desirable and land-constrained retail corridors. With final city approvals in hand for a modern car wash, this site offers a turnkey path to construction with minimal lead time. Exceptional visibility, strong demographics, and established infrastructure make this a top-tier investment and development site.

Lots and Land Active

Price

^$ 2,175,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 38,668

Style

Commercial

Town/City

Arlington Heights

County/Region

Cook

MLS | Web ID

12566025

Features

General

Utilities Electric to Site Natural Gas Available Sewer Connected

Possession Closing

Township Palatine

Tax Year 2023

Current Use Commercial

Ownership Fee Simple

County Cook

Property Type Land Land

Possible Use Commercial

Status New

Directions Palatine Rd to site on South end of street.

City Arlington Heights

High School District 1

MLS Area Arlington Heights

Tax Annual Amount 38668

Standard Status Active

Middle/Junior School District 1

Elementary School District 1

Exterior

Water Source Community Water Municipal Water

Total Parking 0

Lot Dimensions 180x253

Road Surface Type Asphalt

Frontage Length 180

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Sb Real Estate Group, Pllc

Broker

info@sbrealestategroup.com

Affordability Calculator

$16,614

Per Month

Monthly Principal & Interest: $13,392
Monthly Property Taxes: $3,222
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Lots and land listings in Arlington Heights, IL

Average List Price ^$477,600

Percent of Sale Price 78%

About Arlington Heights, IL

74,909 Population

-2% Since 2002

^$84,413 Median Income

44.11 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565620 Elementary School

565526 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/11/2026	$2,175,000		Listed Price

Map

More homes like this one

homes for you

See all

1007 E Palatine Road, Arlington Heights, IL, 60004 is a Lots and Land for sale at $2,175,000. 1007 E Palatine Road is a studio with 0.0 baths. The property's zip code is 60004 which is in Arlington Heights, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 2/11/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1007 E Palatine Road

Lots and Land for sale in Arlington Heights, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home