724 S Plum Grove Road, Palatine, IL 60067

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724 S Plum Grove Road,Palatine, IL 60067
$999,995
  • 5 Beds
  • 6 Baths
  • 7,592 sq. ft.
  • Single family
  • Active
Listed by: michael mandile, tim lorimer
Office: compass
MLS#:12503141
Source:MLSNI

Price summary

  • Price:$999,995
  • Price per sq. ft.:$131.72

About this home

Investors, developers, and visionaries, this is your chance to unlock endless potential in the heart of Palatine with two prime parcels being sold together as one extraordinary opportunity. Whether you're looking to build single-family homes or townhomes, convert into a rental property, or create a unique live/work compound, this offering delivers unmatched flexibility, pending Village approval. The vacant lot at 712 S Plum Grove Rd sits on an extra-wide parcel surrounded by mature trees, offering coveted Michigan Avenue frontage and the possibility of changing the official address to match. Just next door, 724 S Plum Grove Rd features a sprawling 5-bedroom, 5-bathroom home with over 7,500 square feet of versatile living space. Previously used as a live/work setup and once home to a business, the property's expansive floor plan opens the door for future rental income, multigenerational living, or continued business use. Inside, you'll find soaring vaulted ceilings, oversized living

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Home facts

  • Listing ID #:12503141
  • Added:68 day(s) ago
  • Updated:January 01, 2026 at 11:55 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:6
  • Full bathrooms:5
  • Half bathrooms:1
  • Living area:7,592 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Natural Gas

Structure and exterior

  • Building area:7,592 sq. ft.

Schools

  • High school:Wm Fremd High School
  • Middle school:Plum Grove Middle School
  • Elementary school:Pleasant Hill Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$999,995
  • Price per sq. ft.:$131.72
  • Tax amount:$25,263 (2023)
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