1007 E Palatine Rd

45,540 / 1.05
Lot Size / Acres

Description

Summary 1007 E Palatine Rd represents a rare, fully entitled development opportunity in one of suburban Chicago's most desirable and land-constrained retail corridors. With final city approvals in hand for a modern car wash, this site offers a turnkey path to construction with minimal lead time. Exceptional visibility, strong demographics, and established infrastructure make this a top-tier investment and development site.Summary 1007 E Palatine Rd represents a rare, fully entitled development opportunity in one of suburban Chicago's most desirable and land-constrained retail corridors. With final city approvals in hand for a modern car wash, this site offers a turnkey path to construction with minimal lead time. Exceptional visibility, strong demographics, and established infrastructure make this a top-tier investment and development site.
  1. Listed by Scott Birkeland • SB Real Estate Group, PLLC
    P: (708)-439-8378 C: (708)-439-8378 info@sbrealestategroup.com

Property Details for 1007 East Palatine Road

Area
Arlington Heights
Township
Palatine
Ownership
Fee Simple
Num Of Parking Spaces
0.0
LISTING UPDATED: 02/10/2026 10:48 PM

Property Details for 1007 East Palatine Road

StatusNew
MLS #12566025
Days on Market4
Taxes$38,668 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.05 AC
CountyCook County

Location

Listing Courtesy of SB Real Estate Group, PLLC
Add your commute

Building Information for 1007 East Palatine Road

Lot Size1.05 AC

Payment Calculator

$13,823 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,601

Property Taxes

$3,222

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1007 East Palatine Road

General Information
School Information
  • Elementary School District: 1
  • High School District: 1
  • Middle Or Junior School District: 1
Location and General Information
  • Frontage Length: 180
  • Frontage Type: City Street
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Water: Community Water, Municipal Water
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected
Property/Lot Information
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 180x253
  • Approx Land Sq Footage: 43691
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Possible Use: Commercial
  • Public Document Count: 0
  • Photos Count: 3
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 1007 East Palatine Road

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

MRED #12566025

$2,175,000
Nov 29, 2022

Sold (Public Record)

Public Record #1502211316

$565,000
DateEvent & SourcePrice
02/10/2026

Listed (Active)

MRED #12566025

$2,175,000
11/29/2022

Sold (Public Record)

Public Record #1502211316

$565,000

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

Public Records for 1007 East Palatine Road

Taxable ValueLand$136,534Additions$4,715Total$141,249
Tax Record2023$38,668 ($3,222 / month)
Home Facts
Lot Size43,560 SqFtStyleMiscellaneous CommercialYear Built1988CountyCOOKAPN03-20-201-001

Schools near 1007 East Palatine Road

This home is within Arlington Heights School District 25.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ivy Hill Elementary School
PublicK to 5

Thomas Middle School
Public6 to 8

John Hersey High School
Public9 to 12

Vanguard School
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.

Similar Homes

Similar Sold Homes

1007 East Palatine Road is a 1.05 ac of land for sale in Arlington Heights, IL 60004. This property was listed for sale on February 10, 2026 by SB Real Estate Group, PLLC, it's currently listed at $2,175,000. It has been on the market for a total of 4 days and was last sold on November 29, 2022. This listing's school districts are Township Hsd 214 School District, Arlington Heights School District 25. Nearby schools include Ivy Hill Elementary School, Thomas Middle School and John Hersey High School. 1007 East Palatine Road is a 0-bed, 0-bath, 1.05 ac of land on a 45,540 sq. ft. / 1.05 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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 SB Real Estate Group, PLLC

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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/10/2026 10:48 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.