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$295,000
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Property Description
Amazing opportunity to build your dream home on this cleared, build-ready 0.45-acre lot at 462 S. Warren Ave. Ideally located within walking distance of the proposed new Chicago Bears stadium development, this large property offers outstanding convenience. All utilities are at the site, including city water, city sewer, storm sewer, gas, and electricity. Nestled in a quiet neighborhood, the lot is close to shopping, restaurants, parks, major highways, and excellent schools. The large size provides ample space for a custom home and a large backyard, offering endless possibilities for outdoor living, entertaining, and recreation. Don't miss this rare opportunity to build exactly what you've envisioned in a highly desired location
Full Property Details
Full Property Details for 462 S Warren Ave
General
- Price: $295,000
- Taxes: $2,018 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12670194
- Updated: 6/11/2026
- Added to Site: 49 day(s) ago
Additional Information
- Other Features: School Bus Service, Commuter Train
Parking
- Parking Features: Asphalt
Location
- Area: Palatine
- County: Cook
- Township: Palatine
- Subdivision: Arlington Crest
- Driving Directions: NW Hwy West of Wilke to Warren, N past Olive St to vacant lot on west side of street
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 211
- Elementary School: Winston Campus Middle School
- Middle School: Winston Campus Middle School
- High School: Palatine High School
- Private School: Palatine High School
Utilities
- Sewer: Storm Sewer
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Square Feet: 0.45
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,170
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 64 x 298 x 64 x 298
- Frontage: City Street
- Frontage Feet: 64.33
- Street/Road Desc.: Asphalt
- Potential Use: Single Family
- Zoning: SINGL
- Lot Description: Cleared, Level
Financial Considerations
- Tax Amount: $2,018.95
- Tax Year: 2023
- Pays Sewer: Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2244030480000
Listed by American Star Realty
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Schools
Schools serving 462 S Warren Ave
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Jane Addams Elementary School, Palatine, IL 1020 East Sayles Drive, Palatine, IL 60074 | K-5 | 1.7 mi |
Winston Campus Jr High School 120 North Babcock Drive, Palatine, IL 60074 | 6-8 | 1 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 2.2 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 462 S Warren Ave
Date
Details
Price
Change
Source
6/05/2026
Listed
$295,000
180.95%
MLS
7/07/2021
Sold
$105,000
—
Public Record
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
Tax History for 462 S Warren Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,019
—
$13,419
100%
2023
$2,019
2%
$6,709
—
2022
$1,971
-13%
$6,709
—
2021
$2,258
2%
$6,709
—
2020
$2,219
11%
$6,709
—
2019
$1,991
-2%
$6,709
8%
2018
$2,024
2%
$6,230
—
2017
$1,986
7%
$6,230
—
2016
$1,850
—
$6,230
8%
2015
$1,852
1%
$5,751
—
2014
$1,833
3%
$5,751
—
2013
$1,787
-26%
$5,751
-33%
2012
$2,428
—
$8,626
—
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
Estimate the Cost for 462 S Warren Ave
462 S Warren Avenue, Palatine, IL 60074 (MLS# 12670194) is a Lots/Land property with a lot size of 0.45 acres. 462 S Warren Avenue is currently listed for $295,000 and was received on June 05, 2026. Want to learn more about 462 S Warren Avenue? 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.

