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$999,990

  • For Sale
  • Active
  • Lots/Land
  • 1.03 Acres
  • Updated 2 days ago
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Unique opportunity just steps from Inverness in the Fremd High School District! Explore this exceptional 150 x 295 property offering incredible potential for development, totaling approximately 44,843 square feet. Whether you envision constructing a few homes, subdividing and selling a portion, or building a custom estate within an established neighborhood, this property provides a versatile setting to bring your vision to life. The well-maintained home on site also offers the opportunity to generate rental income while you plan your next steps. Located in a desirable area with a mix of established homes and newer construction, and held by the same owner for over 40 years, this is a rare opportunity to create something truly special.

Full Property Details for 1113 W Wood St

General

  • Price: $999,990
  • Taxes: $8,004 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12606871
  • Updated: 9/18/2026
  • Added to Site: 125 day(s) ago

Location

  • Area: Palatine
  • County: Cook
  • Township: Palatine
  • Driving Directions: Wood Street and Clyde Street

School Information

  • School District: 15
  • Elem School District: 15
  • Midd School District: 15
  • High School District: 211

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Septic Tank
  • Water: Municipal Water
  • Onsite: Electricity to Site, Natural Gas Available, Sewer Nearby

Structural Information

  • Square Feet: 1.03

Lot Features

  • Lot Size (Acres): 1.03
  • Lot Size (Sq. Ft.): 44,849
  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 150 x 300
  • Frontage: City Street
  • Frontage Feet: 150.4
  • Street/Road Desc.: Asphalt
  • Potential Use: Single Family
  • Zoning: SINGL
  • Lot Description: Cleared

Financial Considerations

  • Tax Amount: $8,004
  • Tax Year: 2024
  • Pays Sewer: Septic Tank

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 2164050110000

Listed by Compass

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Listing agent

— 1113 W Wood St —

  • Compass

(630) 248-0479

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NMLS#: 1598647

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1113 W Wood St

School Districts:Palatine Community Consolidated School District 15, Township High School District 211
NameGradesDistance
Marion Jordan Elementary School
100 North Harrison Avenue, Palatine, IL 60067
K-50.2 mi
Wm Fremd High School
1000 South Quentin Road, Palatine, IL 60067
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1113 W Wood St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,004
—
$37,000
12%
2023
$8,004
4%
$33,002
—
2022
$7,689
44%
$33,002
43%
2021
$5,322
6%
$23,048
—
2020
$5,034
1%
$23,048
-10%
2019
$4,988
-8%
$25,666
-15%
2018
$5,415
-26%
$30,151
—
2017
$7,340
—
$30,151
—
2016
$7,335
12%
$30,151
17%
2015
$6,550
4%
$25,814
—
2014
$6,317
—
$25,814
—
2013
$6,301
-9%
$25,814
-15%
2012
$6,958
—
$30,231
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1113 W Wood St

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1113 W Wood Street, Palatine, IL 60067 (MLS# 12606871) is a Lots/Land property with a lot size of 1.03 acres. 1113 W Wood Street is currently listed for $999,990 and was received on May 19, 2026. Want to learn more about 1113 W Wood Street? Do you have questions about finding other Lots/Land real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.

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