$529,000
Palatine, IL 60067
Land, location & potential! This charming bungalow sits on approximately one acre in a highly desirable area and sought-after school district. Mature trees provide privacy while still being close to shopping, downtown Palatine, Metra transportation, and Inverness Golf Club. Currently serviced by well and septic, with water and sewer available at the street, the property offers exciting possibilities for the future. Live in the existing home while exploring the potential to build an additional home or fully knock down and re-build, subject to zoning and municipal approval. A rare opportunity to own a substantial parcel in a prime location with tremendous potential! Value is in the land.
Estimated monthly cost for this home
$3,418/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.69%, 2026-08-06). 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 12, 2026 | $529,000 |
| 2023 property taxes | $6,425/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
Marion Jordan Elementary School
15
Middle
Walter R Sundling Middle School
15
High school
William Fremd High School211
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Suburban Life Realty, Ltd, listed by Jill Little.
Information last updated Aug 12, 2026, 8:45 PM.
1120 Wood Street
Palatine, IL 60067

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