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About This Home

This 5-bedroom, 6-bathroom single family at 724 S Plum Grove Road in Palatine, IL is listed for $799,995 ($105 per sqft). the home offers 7,592 sqft of living space on a N/A lot.

Agent Description

This is your chance to unlock endless potential in the heart of Palatine with two prime parcels totaling one near acre and a 7500 square foot home, being sold together as one extraordinary opportunity. Whether you're looking to build single-family homes or townhomes, convert into a rental property, or create a unique live/work compound from the existing structure, this offering delivers unmatched flexibility, pending Village approval.

The vacant lot at 712 S Plum Grove Rd sits on an extra-wide parcel surrounded by mature trees, offering coveted Michigan Avenue frontage and the possibility of changing the official address to match. Just next door, 724 S Plum Grove Rd features a sprawling 5-bedroom, 5-bathroom home with over 7,500 square feet of versatile living space.

Previously used as a live/work setup and once home to a business, the property's expansive floor plan opens the door for future rental income, multigenerational living, or continued business use. Inside, you'll find soaring vaulted ceilings, oversized living and entertaining areas, multiple offices and dens, ensuite bedrooms, a spacious kitchen and dining area, and a stunning primary suite with large closets and a generous bath.

Unique architectural features like spiral staircases, fireplaces, and custom nooks add charm and character, while private patios and peaceful outdoor areas round out the property. Perfectly positioned near Fremd High School, Plum Grove Middle School, Highway 53/90, the Metra, O'Hare Airport, Woodfield Mall, and Downtown Palatine, this one-of-a-kind compound is surrounded by upscale homes and continued development.

Whether you're looking to live, invest, or build, this high-potential opportunity is priced to move and won't last long. Make it yours today!

Key Features

  • 7 parking spaces
  • Fireplace

Property Details

5 full, 1 half
7 spaces

Amenities

FireplaceHardwoodA/C

Monthly Cost Estimate

$4,279/mo

20% down · 6.5% · 30 years

Principal$579
Interest$3,467
Insurance$233

Estimates only. Actual payments may vary.

Location

724 S Plum Grove Road

Palatine, IL 60067

Features & Amenities

Interior Features

Vaulted Ceiling(s)1st Floor BedroomBuilt-in FeaturesOpen FloorplanSeparate Dining Room

Exterior Features

Balcony

Property Details

Flooring

Hardwood

Construction

Vinyl Siding Brick

Pool Features

DeckPorchPatio

Parking

DrivewayGarageOwned

Heating

Electric (Heating)Natural Gas

Cooling

Central Air

Questions & Answers

This 5-bedroom, 6-bathroom single family at 724 S Plum Grove Road is listed at $799,995 ($105/sqft). The estimated monthly payment is $3,467 based on 20% down at 6.5% interest.

Key features include: 7 parking spaces, Fireplace. Interior Features: Vaulted Ceiling(s), 1st Floor Bedroom, Built-in Features. Exterior Features: Balcony.

This property is listed by Michael Mandile or michael@themlpg.com.

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MM

Michael Mandile

Agent at Compass

Listed by Compass

MLS# 12593274· Source: listhub· Updated 25 days ago

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724 S Plum Grove Road, Palatine, IL 60067

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