641 W Lake Cook Road Palatine, IL $ 1,100,000
641 W Lake Cook Road
$ 1,100,000
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641 W Lake Cook Road

Palatine, IL, 60074
$ 1,100,000
Bedrooms6 Baths4.0 Sq 4,860

Monthly Estimate*

$ 6,946

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Single Family Home for sale in Palatine, IL

for $1,100,000 with 6 bedrooms and 4 full baths. This 4,860 square foot home was built in 1976 on a lot size of 1.57.

Exceptional 1.57-acre development opportunity comprised of THREE contiguous parcels being sold together. Sale includes two adjoining parcels (three separate PINs). The assemblage currently consists of one livable single-family residence, one home in need of significant renovation or teardown, and one vacant lot. Positioned along highly traveled Lake Cook Road and directly across from Deer Park Town Center, 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 large development site, or an owner-user planning for future appreciation, opportunities to acquire three contiguous parcels totaling approximately 1.57 acres in this location are exceptionally rare. Properties are being sold together only. Individual parcels will not be sold separately.

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Single Family Active

Price

$ 1,100,000

Bedrooms

6

Full Bath

4

Property Type

Single Family

Taxes

$ 24,802

Style

Lot Size

1.57

Year Built

1976

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12697772

Features
General
Living Area 4860
Sewer Public Sewer
Heating Natural Gas
Cooling Other
Possession Closing
Garage Spaces 2
Association Fee Includes None
Construction Materials Cedar
Year Built 1976
Township Palatine
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 02031000260000 02031000290000
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 10
Full Baths 4
Status New
Directions LAKE COOK EAST OF QUENTIN WEST OF RAND
City Palatine
High School District 211
MLS Area Palatine
Tax Annual Amount 24802.28
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
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Interior
Basement Unfinished Partial
Half Baths 0
Total Bedrooms 6
Room Type Bedroom 5 Bedroom 6
Total Baths 4
Bedrooms Possible 6
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 21824
Lot Size Acres 1.57
Waterfront Y/N N
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* Excluded Features
List By
Exp Realty

Broker

john@oneklickaway.com

Email

Affordability Calculator

$9,012
Per Month
77%
23%
0%
Monthly Principal & Interest
$6,946
Monthly Property Taxes
$2,067
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565123 Elementary School
565484 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$1,100,000 Listed Price

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641 W Lake Cook Road, Palatine, IL, 60074 is a Single Family Home for sale at $1,100,000 with 4,860 sqft and a lot size of 1.57. 641 W Lake Cook Road has 6 bedrooms, 4.0 baths, and was built in 1976. The property's zip code is 60074 which is in Palatine, IL