724 S Plum Grove Road, Palatine, IL 60067

Palatine
Local realty services provided by:Results Realty ERA Powered
724 S Plum Grove Road,Palatine, IL 60067
$799,995
  • 5 Beds
  • 6 Baths
  • 7,592 sq. ft.
  • Single family
  • Active
Listed by: michael mandile, tim lorimer
Office: compass
MLS#:12593274
Source:MLSNI

Price summary

  • Price:$799,995
  • Price per sq. ft.:$105.37

About this home

This is your chance to unlock endless potential in the heart of Palatine with two prime parcels totaling one near acre and a 7500 square foot home, 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 from the existing structure, 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...

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Home facts

  • Listing ID #:12593274
  • Added:12 day(s) ago
  • Updated:March 29, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:6
  • Full bathrooms:5
  • Half bathrooms:1
  • Rooms Total:14
  • Dining Description:Combined With Living Room
  • Bathrooms Description:Separate Shower, Soaking Tub
  • Kitchen Description:Kitchen
  • Basement:Yes
  • Basement Description:Finished, Partial
  • Living area:7,592 sq. ft.

Heating and cooling

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

Structure and exterior

  • Building area:7,592 sq. ft.
  • Exterior Features:Balcony

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:$799,995
  • Price per sq. ft.:$105.37
  • Tax amount:$31,110 (2023)

Parking

  • Total parking spaces:7
  • Parking description:Concrete, Detached Garage, Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
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