$329,000
Palatine, IL 60067
Attention builders, developers, and investors! Exceptional tear-down opportunity on approx. 8,712 sq. ft. (66x132) lot in a highly sought-after downtown Palatine location. Surrounded by historical charm and newer construction, this property is ideal for a custom home. The existing 3-bedroom, 1-bath home is being sold AS-IS. with the value in the land. Enjoy close proximity to the Metra Station, downtown restaurants, shopping, parks, award-winning schools, community centers, and all that Palatine has to offer. A rare chance to secure a premium lot in an established neighborhood with strong demand for new construction!
Estimated monthly cost for this home
$1,968/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.67%, 2026-08-13). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Aug 14, 2026 | $329,000 |
| 2024 property taxes | $2,145/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Gray M Sanborn Elementary School
15
Middle
Walter R Sundling Middle School
15
High school
Palatine High School211
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Coldwell Banker Realty, listed by Kelly Stenger.
Information last updated Aug 14, 2026, 1:32 PM.
269 Benton Street
Palatine, IL 60067

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.