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$1,100,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 4 Full Baths
  • 4,860 Sq. Ft.
  • 2 Car Garage
  • Updated 2 days ago

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Exceptional 1.57-acre development opportunity comprised of THREE contiguous parcels being sold together. Sale includes two adjoining parcels (three separate PINs). The assemblage currently consists of one livable single-family residence, one home in need of significant renovation or teardown, and one vacant lot. Positioned along highly traveled Lake Cook Road and directly across from Deer Park Town Center, this unique offering provides outstanding visibility and long-term redevelopment potential. Currently zoned R-1 Single Family Residential, the site may present opportunities for future residential, multifamily, mixed-use, or commercial redevelopment, subject to municipal approvals and rezoning. Buyers are encouraged to perform their own due diligence regarding zoning and development possibilities. Whether you're an investor looking to land bank, a builder seeking a large development site, or an owner-user planning for future appreciation, opportunities to acquire three contiguous parcels totaling approximately 1.57 acres in this location are exceptionally rare. Properties are being sold together only. Individual parcels will not be sold separately.

Full Property Details for 641 W Lake Cook Rd

General

  • Price: $1,100,000
  • Taxes: $24,802 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12697772
  • Updated: 7/8/2026
  • Added to Site: 4 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Palatine
  • County: Cook
  • Township: Palatine
  • Driving Directions: LAKE COOK EAST OF QUENTIN, WEST OF RAND

School Information

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

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Cedar
  • Exterior Const.: Cedar
  • Basement: Yes
  • Basement Desc.: Unfinished, Partial
  • Square Feet: 4,860
  • Sq. Ft. Source: Estimated
  • Year Built: 1976
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 1.57
  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 21824

Financial Considerations

  • Assessment Year: 1976
  • Tax Amount: $24,802.28
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 2031000280000

Listed by eXp Realty

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Listing agent

— 641 W Lake Cook Rd —

  • eXp Realty

(773) 221-4330

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
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 641 W Lake Cook Rd

School Districts:Palatine Community Consolidated School District 15, Township High School District 211
NameGradesDistance
Lincoln Elementary School, Palatine, IL
1021 North Ridgewood Lane, Palatine, IL 60067
K-52 mi
Walter R Sundling Jr High School
1100 North Smith Street, Palatine, IL 60067
6-81.7 mi
Palatine High School
1111 North Rohlwing Road, Palatine, IL 60074
9-122.5 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 641 W Lake Cook Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2026
Listed
$1,100,000
556.71%
MLS
10/01/1998
Sold
$167,501
—
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 641 W Lake Cook Rd

Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,778
—
$45,000
13%
2023
$10,778
-6%
$39,722
-8%
2022
$11,450
40%
$43,397
52%
2021
$8,178
1%
$28,512
—
2020
$8,129
-9%
$28,512
-18%
2019
$8,952
-11%
$34,644
-3%
2018
$10,077
2%
$35,862
—
2017
$9,905
5%
$35,862
—
2016
$9,460
4%
$35,862
11%
2015
$9,123
1%
$32,314
—
2014
$9,028
-4%
$32,314
-6%
2013
$9,388
10%
$34,373
-5%
2012
$8,512
—
$36,027
—
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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641 W Lake Cook Road, Palatine, IL 60074 (MLS# 12697772) is a Single Family property with 6 bedrooms and 4 full bathrooms. 641 W Lake Cook Road is currently listed for $1,100,000 and was received on July 07, 2026. Want to learn more about 641 W Lake Cook Road? Do you have questions about finding other Single Family 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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