Palatine, IL 60067 712 S Plum Grove Road

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Presented By: Compass
  • MLS# 12503138
  • 10/24/2025
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Home Details

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 and entertaining areas, multiple offices and dens, ensuite bedrooms, a spacious kitchen and dining area, and a stunning primary suite with large closets and a generous bath. Unique architectural features like spiral staircases, fireplaces, and custom nooks add charm and character, while private patios and peaceful outdoor areas round out the property. Perfectly positioned near Fremd High School, Plum Grove Middle School, Highway 53/90, the Metra, O'Hare Airport, Woodfield Mall, and Downtown Palatine, this one-of-a-kind compound is surrounded by upscale homes and continued development. Whether you're looking to live, invest, or build, this high-potential opportunity is priced to move and won't last long. Make it yours today!
Presented By: Compass

Interior Features for 712 S Plum Grove Road

Bathrooms

Total Baths

Other Interior Features

BasementFinished
Laundry FeaturesIn Unit

General for 712 S Plum Grove Road

Additional Parcels Description02224100080000
Additional Parcels Y/NYes
CityPalatine
CoolingCentral Air
CountyCook
Current UseSingle Family
DirectionsPlum Grove Rd North or South to West Michigan Ave
Elementary SchoolPleasant Hill Elementary School
Elementary School District15
HeatingNatural Gas, Electric
High SchoolWm Fremd High School
High School District211
MLS AreaPalatine
Middle/Junior High SchoolPlum Grove Middle School
Middle/Junior School District15
ModificationTimestamp2025-10-24T13:47:01.785Z
OwnershipFee Simple
PossessionClosing
Possible UseDevelopment, Single Family
Property TypeLand
Property TypeLand
Standard StatusActive
StatusNew
Tax Annual Amount25263.42
Tax Year2023
TownshipPalatine
UtilitiesOther

Exterior for 712 S Plum Grove Road

Frontage Length999
Frontage TypeCity Street
Lot Dimensions273' x 98' x 98' x 135' x 196'
Parking FeaturesConcrete
Road Surface TypeAsphalt
Total Parking0
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Wm Fremd High School
Elementary School Pleasant Hill Elementary School
Middle School Plum Grove Middle School

Client Care

Price $999,995
MLS#12503138
List Date 10/24/2025
Property Type Land
Phone 847.485.2500
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