675 West Gilbert Road

Palatine, IL 60067

$485,000
Price
45,302 / 1.04
Lot Size / Acres

Description

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'...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
  1. Listed by Victoria Suthers • Keller Williams Success Realty

Property Details for 675 West Gilbert Road

Area
Palatine
Subdivision
Palatine Knolls
Township
Palatine
Ownership
Fee Simple
Num Of Parking Spaces
1.0
Num of Interior Fireplaces
2
Heat/Fuel
Hot Water/Steam
Architectural Style
Ranch
LISTING UPDATED: 10/17/2024 06:32 PM

Property Details for 675 West Gilbert Road

StatusActive
MLS #12081703
Days on Market220
Taxes$9,779 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / 1 Story
Year Built-
Lot Size1.04 AC
CountyCook County

Building Information for 675 West Gilbert Road

Lot Size1.04 AC

Property Information for 675 West Gilbert Road

General Information
School Information
  • Elementary School District: 15
  • Elementary School: Pleasant Hill Elementary School
  • Jr High Middle School: Plum Grove Middle School
  • High School District: 211
  • High School: Wm Fremd High School
  • Middle Or Junior School District: 15
Addtl Parking Information
  • Garage Type: Detached
  • Parking: Garage
Location and General Information
  • Frontage Length: 166
  • Frontage Type: City Street, Public Road, Paved
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Basement Type: Full, Walkout
  • Air Conditioning: Window/Wall Units - 2
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Num of Baths: 2.0
Exterior Features
  • Backup Package: No
  • Type: 1 Story
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site, Well Private
Property/Lot Information
  • Type Detached: 1 Story
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 166X296X153X146X13X150
  • Approx Land Sq Footage: 45564
  • Buildings on Land: Yes
  • Other Structures: Garage(s), Residence
  • Waterfront: No
  • Driveway: Asphalt
  • Exterior Building Type: Cedar, Concrete
  • Construction: Block
  • General Information: Commuter Bus,Commuter Train,Interstate Access
Property and Assessments
  • Possible Use: Single Family
  • Documents Available: Existing Survey
  • Public Document Count: 1
  • Document Date: 2024-06-26T00:22:15
  • Photos Count: 24
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Single Family
  • Land Amenities: Curbs and Gutters
  • Land Description: Level,Wooded
  • Location: In City Limits
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 675 West Gilbert Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 675 West Gilbert Road

Taxable ValueLand$19,501Additions$19,500Total$39,001
Tax Record2022$9,407 ($784 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,671 SqFtAbove Grade Finished SqFt1,671 SqFtStories1Lot Size45,564 SqFtStyleSingle Family ResidenceYear Built1973CountyCOOKAPN02-22-301-028Fireplace TypeHas Fireplace

Schools near 675 West Gilbert Road

This home is within Township Hsd 211 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pleasant Hill Elementary School
PublicK to 6

Plum Grove Jr High School
Public7 to 8

Wm Fremd High School
Public9 to 12

District 211 Academy - North
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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675 West Gilbert Road is a 1.04 ac of land for sale in Palatine, IL 60067. This property was listed for sale on June 26, 2024 by Keller Williams Success Realty, it's currently listed at $485,000. This listing's school districts are Township Hsd 211 School District, Palatine Central Consolidated School District 15. Nearby schools include Pleasant Hill Elementary School, Plum Grove Jr High School and Wm Fremd High School. 675 West Gilbert Road is a 5-bed, 2-bath, 1.04 ac of land on a 45,302 sq. ft. / 1.04 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Success Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/17/2024 06:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.