The median home value in Palatine, IL is $270,000.
This is
lower than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Palatine, IL is $270,000.
Approximately 67% of Palatine homes are owned,
compared to 27% rented, while
6% are vacant.
Palatine real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Palatine real estate agent to arrange a tour today!
Learn more about Palatine.
Discover the perfect place to build your dream home in Palatine! This spacious .35-acre lot is nestled in a peaceful neighborhood, offering plenty of room to create a custom home designed just the way you want. Imagine waking up each morning to the natural beauty of Deer Grove Forest Preserve just a stone's throw away - a serene setting for outdoor adventures and relaxation. This lot is ready for immediate development or can be held as a smart investment for future appreciation. Zoned R1 Single Family, it's ideal for creating a warm and welcoming home for your family. Utilities are conveniently located nearby: Water access is available on both Hill Street and Grove. Sanitary sewer access is approximately 300 feet away at Grove and North. Whether you're dreaming of a custom build now or planning for the future, this lot offers endless potential. Don't miss this chance to craft a home in a highly sought-after location surrounded by natural beauty and charm!
This incredible 75 x 200-foot lot offers ample space to design the home you've always envisioned. Located in a sought-after area served by top-rated Fremd High School, this property offers the perfect combination of location and lifestyle. With the potential to accommodate a walkout basement, you'll have exciting options to enhance your home's design and functionality. If you're dreaming big, you can combine this lot with adjoining Lot 2 at 138 and 140 Quentin to create an even larger homesite. Across the street, you'll find the stunning RIEMER Reservoir Park District, featuring nature trails, walking paths, and bike routes-perfect for enjoying the great outdoors just steps from your future home. Conveniently located and a fantastic value, you can choose to buy one, two, or all three adjoining lots. The current zoning is R-2, with potential for multi-family zoning if combined with the other parcels (check with the village for details). Water is available on the east side of Quentin, with no water recapture, and sanitary sewer access is located nearby in the Bridge View Court West subdivision. Don't miss this opportunity to create your dream home in the beautiful Woodlands of Palatine subdivision! Whether you're envisioning a cozy retreat or an expansive estate, this lot is ready to bring your vision to life.
Discover the perfect place to build your dream home on this spacious and beautiful 75 x 200-foot lot! Nestled in a sought-after neighborhood served by the highly rated Fremd High School, this extra-deep lot offers endless possibilities for creating a warm and welcoming space for you and your family. The lot is surrounded by nature, with the expansive RIEMER Reservoir Park just across the street. Enjoy the scenic beauty of walking and biking trails right outside your doorstep. Plus, the area is filled with large, newer homes, giving it a charming and friendly vibe. Looking for even more space? You have the option to combine this lot with one or both adjoining lots at 136 Quentin and 140 Quentin for an even larger homesite. This is a rare opportunity to build big and dream bigger! Convenience is key, with water access available nearby and other utilities accessible through the neighboring subdivision. The current zoning is R-2, and for those with grander visions, there may even be potential for multi-family zoning by combining all three lots (please check with the village for details). Don't miss out on this prime location to create the home you've always envisioned. Whether you're planning a single home or exploring other options, this land offers the space and setting to make it all possible!
Welcome to a fantastic opportunity to create the home of your dreams! This beautiful, extra-deep 75 x 200 lot is perfectly located across from the stunning RIEMER Reservoir Park, where you'll enjoy peaceful walking trails and scenic bike paths right outside your door. Situated in a friendly neighborhood within the coveted Fremd High School district, this property offers more than just a place to live-it's a chance to be part of a wonderful community. Looking for even more space? With the current zoning being R-2, you have the option to combine this lot with one or both adjoining lots at 136 Quentin and 140 Quentin for an even larger homesite. This is a rare chance to build big and dream even bigger! Utilities are conveniently located, with water accessible on the east side of Quentin and sanitary sewer nearby through the Woodlands of Palatine subdivision. Don't miss out on this rare opportunity to secure a prime piece of land in an excellent area at a great price. Whether you're building your dream home or exploring new possibilities, this is the perfect place to start!
Prime location with over 150,000 consumers within a 5-mile radius and 24,800 daily vehicles on W. Northwest Highway. Situated next to Wendy's and across from an office park, a large apartment complex, and the YMCA. Offers flexible B2 zoning for endless business potential!
Welcome to The Estates at Arcadia by GWR Builders, featuring (6) new custom homesites within walking distance to FREMD HIGH SCHOOL and PLEASANT HILL ELEMENTARY. Homesites vary in depth, but all are 100 ft wide. This listing features one of the new sites that will be along Michigan Ave. (2) homes will face Michigan Ave., (2) homes will face north on the soon to be extended Prestwick St., and (2) homes will face south along Prestwick as well. Homes to be built will have minimum sq ft requirements. These new homes will be built right between two existing new home communities featuring 14 and 12 homes each. The listing broker is the builder. Site improvements expected to begin early 2025. Construction on new residences will likely commence late Spring 2025. This is a truly unique opportunity that does not come along often...hurry! Reservations already being taken.
Reduced for QUICK SALE! Seller says to bring all offers! Picturesque Wooded Lot is a Rare Find! This 1.36 acre property is nestled at the end of Roberts Road. Property line begins 20' to 25' back from the end of the road. It is densely forested and nearly impossible to walk. For this reason, all showings must be accompanied by the buyer's broker. Please do not walk on neighbor's mowed grass. If a motivated buyer can navigate the obstacles of the flood plain and creek, then this property would be an excellent choice for new construction and design the home of your dreams. Nearby is Frank C. Whiteley Elementary School. This property also is serviced by the highly-awarded Fremd High School. It's a short walk to Valley Park. Start building now and move in spring or early summer of 2025 which is an ideal time.
Gorgeous vacant lot in great area! Over half an acre parcel provides for new home to be placed 90 ft from the road. Purchase just the lot or see Listing #12182677 for info on owner/custom contractor building your dream home! City sewer and water at site. Walk to award winning schools, public pool and parks. Easy access to shopping, restaurants, Rt 53 and 2 train stations. Topographical survey and soil tests available. A rare opportunity!
Builders & Buyers - Here's Your Chance to Build on a Private Quiet Nature Lined Lot in Palatine! Just under 1/2 acre with a Wraparound Creek & Surrounded by Trees. Close to Downtown Palatine, Metra, Restaurants, Shopping, Forest Preserve, Bike Paths, Airport, & more! ***NON DIVIDABLE, ZONED R1-SF, OWNER HAS EASEMENT TO THIS LOT ON DRIVEWAY OF WHITE BRICK HOUSE TO THE SOUTH***. Walk the Property and Let's Collaborate!
Welcome to downtown Palatine, across the street from the Palatine train station. Built in 2003, the 21,500 square feet building is comprised of a bar/restaurant with a full kitchen, a 7,000 square feet entertainment venue with a mezzanine leading to a rooftop deck, and an adjacent 2,500 square feet bank with one drive thru lane. Sitting on an acre of land, the site has been previously approved for redevelopment with a new 6 story mixed use building, complete with a rooftop amenity deck and 9,900 square feet of ground floor commercial space. The retail commercial space is divisible and includes approximately 1,250 square feet of covered patio area. The proposed development includes approximately 52 residential units located on floors 2-6, made up of 2 bedrooms/2 bath units and 2 bedrooms+den/2 bath units. The rooftop residential amenity deck includes an enclosed amenity area, terraces, and elevator access. The building is within the transit oriented development area parking requirements. With an existing 42 surface spaces. Palatine is a thriving commercial trade area - an ideal location for ambitious professionals and businesses alike. Contributing to an engaging and vibrant community atmosphere that's primed for continued growth and development.
REDEVELOPEMENT POTENTIAL for Multi-Family or Rentals. 110 Feet of Frontage X 90' deep. Noted on Palatine's 2004 Downtown Land Use Guide for Multi-Family Townhomes/Rental. Tranquil Creek in the rear of the property lends itself to a peaceful rear yard setting. Topographic Survey of site is available. Sanitary Sewer, Palatine Water & Storm Sewer are located in Johnson Street. ADD the Property currently listed to the East for an additional 132' of frontage (currently Listed under MLS #11867386, 315 W Johnson) for a potentially larger project.
This property is an incredible opportunity for builders, developers and investors; priced below its appraised value! A must-see parcel located in Palatine's Golden Corridor. This property boasts over an acre of picturesque landscape. Perfect for designing your dream build or develop two new homes. The 45,564 sq. ft. lot is currently zoned R-1 and can easily convert to R-2 for subdivision into two residential lots. The proposed subdivision could result in two half-acre lots, each measuring 77'x296' (22,856+/-sq ft) and 77'x296'x90'x296' (24,811+/-sq ft). City water and sewer are available on the south side of Gilbert, with the current home already connected to the city sewer, gas and electric. Highly sought-after location just blocks away from acclaimed Fremd High School District and Pleasant Hill Elementary. With the Metra Station only 1.5 miles away and quick access to Routes 53 and I90, you can easily reach O'Hare Airport, Downtown Chicago, local health services, shopping centers, restaurants, and Forest Preserves in every direction. Historic Downtown Palatine, just 1.5 miles away, offers a variety of shopping and dining options, as well as Farmers Markets and Town Festivals. Your family will be sure to love the close proximity to The Birchwood Rec Center with outdoor pool, picnic shelter, gymnasium, football and baseball/softball fields, tennis and basketball courts, playground, pre-school and much more. The nearby Palatine Senior Center offers programs and services which support Senior's and their families. Harper College, a renowned public community college, is also conveniently close. If it's outdoor enjoyment you seek, you will find Deer Grove Forest Preserve (3.5 miles), Palatine Prairie & Margreth Riemer Reservoir Park (1.4 miles). When location is key and land opportunities are scarce, don't miss out on this prime parcel in the desirable Palatine Knolls Subdivision
This is an opportunity to purchase 2 lots adjacent to each other or purchase separately. These parcels were zoned Planned Unit Development which allows for less setback between homes, allowing for larger structure footprint. This is 1 of 2 available lots which are next to each other. This parcel (1124 W. Colfax) is the undeveloped corner lot. Adjoining lot at 667 Morrison is also available for purchase. Refer to attached zoning plans.
This is an opportunity to purchase 2 lots adjacent to each other or purchase separately. These parcels were zoned Planned Unit Development which allows for less setback between homes, therefore allowing a larger structure footprint.This is 1 of 2 available lots which are next to each other. Adjoining lot at 1124 W. Colfax (corner lot) is also available. Refer to attached prior building plans.
1.67 acres vacant property located on Poteet Ave in Inverness. Property is located in flood zone and will require variance by the village to fill and build.
Great location. Walking distance to downtown, parking and Metra Station. Nice neighborhood of Single family homes. Old survey and boring test under additional information.
Build your dream home! Half acre lot just blocks from downtown Palatine. Close enough to stroll to restaurants, Metra train station, farmers market, and all the great festivals Palatine has to offer. Great schools including Fremd High School! Add the property currently listed to the West for an additional 110' of frontage. Currently listed under MLS #11960879, 333 W. Johnson for a potentially larger project. Both properties are noted on Palatine's 2004 Downtown Land Use Guide for Multi-Family Townhomes/Rental.
Copyright © 2025 MREDSelectSites.com
Website designed by Constellation1, a division of Constellation Web Solutions, Inc.