675 W Gilbert Road Palatine, IL 60067
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
- Property TypeLand
- NeighborhoodPalatine Knolls
- CountyCook
- Taxes$9,779
- HOA/Condo/Coop Fees$0
- Days on Site59 Days
- MLS StatusActive
- MLS ID Number12081703
- Home Size Source N/A
- Year BuiltN/A
- Lot Size1.04 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Style Ranch
- Construction Block
- Parking Spaces 1
- Basement FullWalkout
- Acreage 1.04
- Zoning SINGL
- General Information Commuter BusCommuter TrainInterstate Access
- Garage Detached
- Rooms Total 10
- Type Detached 1 Story
- Lot Size 1.0-1.99 Acres
- Parking Total 1
Interior Features
- Cooling Window/ Wall Units - 2
- Heating Steam
- Fireplaces 2
- Laundry Features Gas Dryer Hookup
- Fireplace Yes
- Utilities Electric to SiteGas to SiteSanitary SewerWater to SiteWell Private
Exterior Features
- Waterfront Property No
- Other Structures Garage(s)Residence
- Construction Details Block
Community Features
- Township Palatine
- MLS Area Palatine