882 N FRANKLIN Avenue Palatine, IL ^$ 125,000

882 N FRANKLIN Avenue

^$ 125,000

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Recently Listed

882 N FRANKLIN Avenue

Palatine, IL, 60067

^$ 125,000

Studio Baths0.0

Monthly Estimate*

^$ 770

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882 N FRANKLIN Avenue, Palatine, IL 60067 - Image 8

882 N FRANKLIN Avenue, Palatine, IL 60067 - Image 9

882 N FRANKLIN Avenue, Palatine, IL 60067 - Image 10

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Studio

Lots and Land for sale in Palatine, IL

for $125,000. The lot size is 0.42.

Builders and buyers, here's a rare opportunity to create your vision on a private, nature-lined lot in Palatine! Just under 1/2 acre, this unique property is surrounded by mature trees and faces a peaceful creek, offering a serene, tucked-away setting that feels miles from it all while still close to everything. Ideally located near downtown Palatine, Metra, restaurants, shopping, entertainment, golf courses, forest preserves, bike paths, and with convenient access to the airport and proposed Bears Entertainment District! Zoned R1-SF and non-dividable. Access via easement on the driveway of the white brick home to the south. Walk the property and imagine the possibilities! NOTE: Red lot lines in pictures are estimated, see survey markings on property.

Lots and Land Active

Price

^$ 125,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,952

Style

Platted,Single Family

Lot Size

0.42

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12628876

Features

General

Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby

Possession Closing

Zoning SINGL

Township Palatine

Tax Year 2024

Current Use Platted Single Family

Ownership Fee Simple

County Cook

Property Type Land Land

Subdivision Name Chestnut Woods

Status New

Directions NW HWY (RT 14) 1 BLOCK W OF QUENTIN TO FRANKLIN N TO LOT ON W SIDE OF STREET

High School Palatine High School

City Palatine

High School District 211

MLS Area Palatine

Elementary School Gray M Sanborn Elementary School

Tax Annual Amount 1952.18

Middle/Junior High School Walter R Sundling Middle School

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 15

Elementary School District 15

Exterior

Parking Features Shared Driveway Other

Water Source Municipal Water

Total Parking 0

Lot Dimensions 95 X 189

Lot Size Acres 0.42

Road Surface Type Asphalt

Frontage Length 94.67

Frontage Type City Street Easement

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Real Broker Llc

Broker

dave@davelosavio.com

Affordability Calculator

$932

Per Month

Monthly Principal & Interest: $770
Monthly Property Taxes: $163
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Lots and land listings in Palatine, IL

Average List Price ^$342,499

Percent of Sale Price 174%

About Palatine, IL

67,137 Population

2% Since 2002

^$76,021 Median Income

39.39 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565588 Elementary School

4711536 Middle School

Palatine High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/24/2026	$125,000		Listed Price

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882 N FRANKLIN Avenue, Palatine, IL, 60067 is a Lots and Land for sale at $125,000 with a lot size of 0.42. 882 N FRANKLIN Avenue is a studio with 0.0 baths. The property's zip code is 60067 which is in Palatine, 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.

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Data is updated as of 4/26/2026.

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882 N FRANKLIN Avenue

Lots and Land for sale in Palatine, IL

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