Exceptional opportunity to own a single-family home in a prime location along highly traveled Lake Cook Road, directly across from Deer Park Town Center. The two adjoining parcels are also available for purchase separately, creating a potential assemblage of approximately 1.57 acres. 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 larger development site, or an owner-user planning for future appreciation, opportunities to assemble approximately 1.57 acres in this highly desirable location are exceptionally rare.
Property Details
Price:
$500,000
MLS #:
MRD12713148
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Neighborhood:
palatine
Listed Date:
Jul 22, 2026
Finished Sq Ft:
2,100
Year Built:
1976
See this Listing
Schools
School District:
211
Interior
Bathrooms
2 Full Bathrooms
Cooling
Other
Heating
Natural Gas
Exterior
Construction Materials
Cedar
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$11,355
Map
Community
- Address641 W Lake Cook Road Palatine IL
- CityPalatine
- CountyCook
- Zip Code60074
Subdivisions in Palatine
- Abbey Hill
- Amber Ridge
- Arlington Crest
- Auburn Woods
- Baldwin Court
- Banbury Lane
- Baybrook
- Benchmark
- Bent Creek
- Brentwood
- Brentwood Estates
- Bridgeview Creek West
- Capri Village
- Charter Hall
- Cherrybrook Village
- Chestnut Woods
- Circle Park
- Claremont Ridge
- Concord Mills
- Cornell Lakes
- Countryside
- Deer Run
- Dunhaven Woods
- English Valley
- Erins Glen
- Ethans Glen
- Fair Meadows
- Fontenay
- Forest Edge
- Forest Glen
- Georgetown
- Golfview Commons
- Hamilton Place
- Harvest Run
- Heatherstone
- Heritage Manor
- Hidden Creek
- Hidden Prairie
- Hunting Ridge
- Inverrary West
- Kingsbrooke
- Lexington Hills
- Long Valley
- Newberry Lane
- Northview
- Parkside on the Green
- Pepper Tree Farms
- Plum Court
- Plum Grove Condos
- Plum Grove Estates
- Plum Grove Hills
- Renaissance Place
- Renaissance Towers
- Reseda
- Runaway Bay
- San Tropai
- Shenandoah
- Stonington
- The Heritage of Palatine
- The Preserve
- The Providence
- The Stratford of Palatine
- Timberlake Estates
- Washington Square
- Wellington at Twin Lakes
- Whytecliff
- Willow Creek
- Willow Wood
- Windhaven
- Windhill
- Winston Park
- Wyndham Club
Market Summary
Current real estate data for Single Family in Palatine as of Aug 04, 2026
135
Single Family Listed
79
Avg DOM
283
Avg $ / SqFt
$636,501
Avg List Price
Property Summary
- 641 W Lake Cook Road Palatine IL is a Single Family for sale in Palatine, IL, 60074. It is listed for $500,000 and features 3 beds, 2 baths, and has approximately 2,100 square feet of living space, and was originally constructed in 1976. The current price per square foot is $238. The average price per square foot for Single Family listings in Palatine is $283. The average listing price for Single Family in Palatine is $636,501.
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Copyright 2026. All rights reserved.
641 W Lake Cook Road
Palatine, IL
