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$514,000

  • For Sale
  • Active
  • Lots/Land
  • 3.2 Acres
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Developers are welcome. Location, Location, Location. 5 PINs vacant Lots total of 141,042 sqf. (Including water and land). The land is waiting for your successful business in a very high volume traffic street. LAKE ZURICH COMMUNITY UNIT SCHOOL DISTRICT #95. Near the intersection of Rand Rd and Lake Cook Rd, Cross Street is a Starbucks, Hyundai, and Chevrolet dealership. This property is located in unincorporated Lake County but has a Palatine, IL address. Zoning is "E Estate". For more information, visit the Lake County website. The Lot Size includes part of the lake.

Full Property Details for 20638 Lake Cook Rd

General

  • Price: $514,000
  • Taxes: $10,122 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12411752
  • Updated: 7/26/2025
  • Added to Site: 270 day(s) ago

Interior

  • Basement: None

Location

  • Area: Palatine
  • County: Lake
  • Township: Ela
  • Driving Directions: Take Route #53 North to Lake Cook Road and West to property

School Information

  • School District: 95
  • Elem School District: 95
  • Midd School District: 95
  • High School District: 95

Utilities

  • Onsite: None

Structural Information

  • Basement Desc.: None
  • Square Feet: 3.2
  • Current Bldg. Use: Other

Lot Features

  • Lot Size (Acres): 3.2
  • Lot Size (Sq. Ft.): 141,042
  • Lot Size Range: 4.0 to 4.99 Acres
  • Lot Dimensions: 385 x 500
  • Frontage: None
  • Frontage Feet: 500
  • Street/Road Desc.: Concrete
  • Zoning: OTHER

Financial Considerations

  • Tax Amount: $10,122.78
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 14353000210000

Listed by Chicagoland Brokers, Inc.

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— 20638 Lake Cook Rd —

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 20638 Lake Cook Rd

School District:Lake Zurich Community Unit School District 95
NameGradesDistance
Isaac Fox Elementary School
395 West Cuba Road, Lake Zurich, IL 60047
K-52.8 mi
Lake Zurich Middle - S Campus
435 West Cuba Road, Lake Zurich, IL 60047
6-82.9 mi
Lake Zurich High School
300 Church Street, Lake Zurich, IL 60047
9-124.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20638 Lake Cook Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2025
Listed
$514,000
703.12%
MLS
11/02/2023
Sold
$64,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 20638 Lake Cook Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$92
—
$13,566
1036%
2023
$92
3%
$1,194
-2%
2022
$89
1%
$1,217
3%
2021
$88
2%
$1,186
—
2020
$86
—
$1,186
1%
2019
$86
-34%
$1,176
-35%
2018
$131
2%
$1,805
1%
2017
$128
2%
$1,783
3%
2016
$126
2%
$1,727
5%
2015
$124
-2%
$1,645
—
2014
$126
50%
$1,645
1%
2013
$84
4%
$1,634
47%
2012
$81
—
$1,114
—
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.

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20638 Lake Cook Road, Palatine, IL 60074 (MLS# 12411752) is a Lots/Land property with a lot size of 3.2 acres. 20638 Lake Cook Road is currently listed for $514,000 and was received on July 20, 2025. Want to learn more about 20638 Lake Cook Road? 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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