5280 Old Plum Grove Road
Palatine, IL, 60067 $ 624,999
Bedrooms4 Baths2.1 Sq 4,111 Monthly Estimate*
$ 4,317
for $624,999 with 4 bedrooms and 2 full baths, 1 half bath. This 4,111 square foot home was built on a lot size of 1.25.
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.
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FeaturesGeneralLiving Area 4111
Sewer Septic Tank
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Microwave Dishwasher Refrigerator Washer Dryer Cooktop
Garage Spaces 4
Association Fee Includes None
Construction Materials Wood Siding
Electric Circuit Breakers 200+ Amp Service
Township Palatine
Tax Year 2025
Ownership Fee Simple
Community Features Park
Additional Parcels Description 02342000540000
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Other Structures Second Garage Storage
Total Rooms 11
Full Baths 2
Status New
Directions Plum Grove Rd S of Euclid to Old Plum Grove Rd. W to 5280
High School Wm Fremd High School
City Palatine
High School District 211
MLS Area Palatine
Tax Annual Amount 22457.03
Middle/Junior High School Plum Grove Middle School
Additional Parcels Y/N Y
Virtual Tour https://real.vision/5280-old-plum-grove-road?o=u
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
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InteriorInterior Amenities 1st Floor Bedroom 1st Floor Full Bath Dining Combo
Basement None
Total Fireplaces 2
Fireplace Features Wood Burning Gas Starter Masonry
Half Baths 1
Laundry Features Main Level Gas Dryer Hookup Electric Dryer Hookup In Unit
Total Bedrooms 4
Room Type Office Loft Sitting Room Foyer Storage Sun Room
Total Baths 3
Bedrooms Possible 4
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ExteriorParking Features Concrete Yes Garage Owned Attached Driveway Owned Garage
Water Source Well
Total Parking 12
Foundation Details Concrete Perimeter
Lot Dimensions 312.6x49.9x389.8x290.1
Lot Size Acres 1.25
Waterfront Y/N Y
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* Excluded FeaturesList Bymichael@themlpg.com;info@themlpg.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,317
- Monthly Property Taxes
- $1,871
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 NearbySingle family listings in Palatine, IL
Average List Price $665,482
Percent of Sale Price 6%
About Palatine, IL 67,137 Population
2% Since 2002
$ 76,021 Median Income
39.39 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
565123 Elementary School
4711538 Middle School
Wm Fremd High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2026 | $624,999 | | Listed Price |