Prime Palatine Lot with Endless Potential - 4 Parcels Included! Opportunity knocks in Palatine, IL! This property offers endless possibilities-renovate the existing 3-bedroom, 2-bath home (featuring an updated kitchen, newer roof, and new water heater) or tear it down and build your dream home on this prime lot. All utilities-well, sewer, gas, and electric-are already on site, and the value lies in the land. Four separate parcels are included with the sale, making this perfect for developers or buyers seeking a custom build in a desirable location. Please note: the property is condemned, with no interior access or inspections allowed per village request. Photos were taken by the seller prior to vacating. Don't miss this rare opportunity to create your ideal property in Palatine!
Contingent
$190,000
1223 W Dundee Rd, Palatine, IL 60074
3beds
14,300sqft
Est.:
Single Family Residence
Built in ----
3,575 Square Feet Lot
$-- Zestimate®
$13/sqft
$-- HOA
What's special
Updated kitchenNewer roofPrime lot
- 223 days |
- 89 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: January 30, 2026 at 04:15pm
Listing courtesy of:
Luisa Martinez 847-692-5522,
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12439993
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 3
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Heating
- Natural Gas
Cooling
- Window Unit(s)
Features
- Basement: Crawl Space
Interior area
- Total structure area: 0
- Total interior livable area: 14,300 sqft
Property
Parking
- Total spaces: 2
- Parking features: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 3,575 Square Feet
Details
- Additional parcels included: 02091080020000,02091080030000,02091080050000
- Parcel number: 02091080040000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Services included: None
Location
- Region: Palatine
Financial & listing details
- Price per square foot: $13/sqft
- Tax assessed value: $21,450
- Annual tax amount: $5,807
- Date on market: 8/7/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,715/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2026 | Contingent | $190,000$13/sqft |
Source:  MRED as distributed by MLS GRID #12439993 Report a problem | ||
| 8/7/2025 | Listed for sale | $190,000$13/sqft |
Source: MRED as distributed by MLS GRID #12439993 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $635 +3.4% | $2,145 |
| 2022 | $614 +51.2% | $2,145 +71.5% |
| 2021 | $406 +1.5% | $1,251 |
| 2020 | $400 +11.5% | $1,251 |
| 2019 | $359 -84.9% | $1,251 -83.6% |
| 2018 | $2,372 +1.9% | $7,632 |
| 2017 | $2,327 +7.5% | $7,632 |
| 2016 | $2,164 +8% | $7,632 +17% |
| 2015 | $2,004 +1.2% | $6,524 |
| 2014 | $1,980 +2.6% | $6,524 |
| 2013 | $1,930 -7.4% | $6,524 -16.1% |
| 2012 | $2,085 +4.6% | $7,775 |
| 2011 | $1,993 +1.3% | $7,775 |
| 2010 | $1,967 +298% | $7,775 +262.5% |
| 2009 | $494 -30.7% | $2,145 -37.5% |
| 2008 | $713 +2.1% | $3,432 |
| 2007 | $699 +17.4% | $3,432 +26.4% |
| 2006 | $595 +4.5% | $2,716 |
| 2005 | $570 +5.4% | $2,716 |
| 2004 | $541 +57.5% | $2,716 +63.1% |
| 2003 | $343 +3.1% | $1,665 |
| 2002 | $333 +85.1% | $1,665 |
| 2001 | $180 +1.8% | $1,665 +100.1% |
| 2000 | $177 +1.6% | $832 |
| 1999 | $174 | $832 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,295/mo
Principal & interest
$980
Property taxes
$315
More affordability tools
Climate risks
Neighborhood: 60074
Nearby schools
GreatSchools rating
- 5/10Gray M Sanborn Elementary SchoolGrades: PK-6Distance: 2.5 mi
- 6/10Walter R Sundling Jr High SchoolGrades: 7-8Distance: 1.3 mi
- 8/10Palatine High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- District: 15
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 60074
- Illinois
- Cook County
- Palatine
- 60074
- 1223 W Dundee Rd
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