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 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. 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
- 268 days |
- 80 |
- 2 |
Zillow last checked:
Listing updated:
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
$2,664/mo
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
| 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
Monthly payment
Est. payment
$1,336/mo
Principal & interest
$1021
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
- 5/10Walter 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Palatine
- 60074
- 1223 W Dundee Rd
Nearby cities
Nearby zip codes
Other Palatine Topics
