675 West Gilbert Road
$485,000
45,302 / 1.04
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
- Listed by Victoria Suthers • Keller Williams Success Realty
Property Details for 675 West Gilbert Road
Area
Palatine
SubdivisionPalatine Knolls
TownshipPalatine
OwnershipFee Simple
Num Of Parking Spaces1.0
Num of Interior Fireplaces2
Heat/FuelHot Water/Steam
Architectural StyleRanch
LISTING UPDATED: 10/17/2024 06:32 PM
Property Details for 675 West Gilbert Road
Status | Active |
---|---|
MLS # | 12081703 |
Days on Market | 220 |
Taxes | $9,779 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / 1 Story |
Year Built | - |
Lot Size | 1.04 AC |
County | Cook County |
Building Information for 675 West Gilbert Road
Lot Size1.04 AC
Property Information for 675 West Gilbert Road
Property History for 675 West Gilbert Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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