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$125,000 Just Listed
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Property Description
Builders and buyers, here's a rare opportunity to create your vision on a private, nature-lined lot in Palatine! Just under 1/2 acre, this unique property is surrounded by mature trees and faces a peaceful creek, offering a serene, tucked-away setting that feels miles from it all while still close to everything. Ideally located near downtown Palatine, Metra, restaurants, shopping, entertainment, golf courses, forest preserves, bike paths, and with convenient access to the airport and proposed Bears Entertainment District! Zoned R1-SF and non-dividable. Access via easement on the driveway of the white brick home to the south. Walk the property and imagine the possibilities! NOTE: Red lot lines in pictures are estimated, see survey markings on property.
Full Property Details
Full Property Details for 882 N Franklin Ave
General
- Price: $125,000
- Taxes: $1,952 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12628876
- Updated: 4/24/2026
- Added to Site: 4 day(s) ago
Additional Information
- Other Features: School Bus Service, Commuter Train, Interstate Access
Parking
- Parking Features: Shared Driveway, Other
Location
- Area: Palatine
- County: Cook
- Township: Palatine
- Subdivision: Chestnut Woods
- Driving Directions: NW HWY (RT 14) 1 BLOCK W OF QUENTIN TO FRANKLIN N TO LOT ON W SIDE OF STREET
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 211
- Elementary School: Gray M Sanborn Elementary School
- Middle School: Walter R Sundling Middle School
- High School: Palatine High School
- Private School: Palatine High School
Utilities
- Water: Municipal Water
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Structural Information
- Square Feet: 0.42
- Current Bldg. Use: Platted, Single Family
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 17,960
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 95 x 189
- Frontage: City Street, Easement
- Frontage Feet: 94.67
- Street/Road Desc.: Asphalt
- Zoning: SINGL
- Lot Description: Level, Stream
Financial Considerations
- Tax Amount: $1,952.18
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2094070050000
Listed by Real Broker LLC
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Schools
Schools serving 882 N Franklin Ave
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Gray M Sanborn Elementary School 101 North Oak Street, Palatine, IL 60067 | K-5 | 1.7 mi |
Walter R Sundling Jr High School 1100 North Smith Street, Palatine, IL 60067 | 6-8 | 0.8 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 2.3 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 882 N Franklin Ave
Date
Details
Price
Change
Source
4/24/2026
Listed
$125,000
—
MLS
Disclaimer: Historical sales 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 882 N Franklin Ave
882 N Franklin Avenue, Palatine, IL 60067 (MLS# 12628876) is a Lots/Land property with a lot size of 0.42 acres. 882 N Franklin Avenue is currently listed for $125,000 and was received on April 24, 2026. Want to learn more about 882 N Franklin 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.

