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$550,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,100 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Exceptional opportunity to own a single-family home in a prime location along highly traveled Lake Cook Road, directly across from Deer Park Town Center. The two adjoining parcels are also available for purchase separately, creating a potential assemblage of approximately 1.57 acres. 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 larger development site, or an owner-user planning for future appreciation, opportunities to assemble approximately 1.57 acres in this highly desirable location are exceptionally rare.

Full Property Details for 641 W Lake Cook Rd

General

  • Price: $550,000
  • Taxes: $11,354 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12713148
  • Updated: 7/22/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

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: 2,100
  • 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: $11,354.8
  • 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
7/22/2026
Listed
$550,000
228.36%
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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Listed by Rob Morrison

641 W Lake Cook Road, Palatine, IL 60074 (MLS# 12713148) is a Single Family property with 3 bedrooms and 2 full bathrooms. 641 W Lake Cook Road is currently listed for $550,000 and was received on July 22, 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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