3 beds2,100 sqft$238/sqft
641 W Lake Cook Rd, Palatine, IL 60074
Est: $3,488/moGet pre-approved

Description

Exceptional opportunity to own a single-family home in a prime location along highly traveled Lake Cook Road, directly across from Deer Park Town Center. The two adjoining parcels are also available for purchase separately, creating a potential assemblage of approximately 1.57 acres. This unique offering provides outstanding visibility and long-term redevelopment potential. Currently zoned R-1 Single Family Residential, the site may present opportunities for future residential, multifamily, mixed-use,...Exceptional opportunity to own a single-family home in a prime location along highly traveled Lake Cook Road, directly across from Deer Park Town Center. The two adjoining parcels are also available for purchase separately, creating a potential assemblage of approximately 1.57 acres. This unique offering provides outstanding visibility and long-term redevelopment potential. Currently zoned R-1 Single Family Residential, the site may present opportunities for future residential, multifamily, mixed-use, or commercial redevelopment, subject to municipal approvals and rezoning. Buyers are encouraged to perform their own due diligence regarding zoning and development possibilities. Whether you're an investor looking to land bank, a builder seeking a larger development site, or an owner-user planning for future appreciation, opportunities to assemble approximately 1.57 acres in this highly desirable location are exceptionally rare.
LISTING UPDATED: 08/24/2026 06:50 PM

  1. Listed by Austin Pearson • Pearson Realty Group
    P: (312) 909-9704 C: (312) 909-9704 austin@pearsonrealtygroup.com

Property Details for 641 West Lake Cook Road

Status
MLS #
12741544
Days on Market
1
Taxes
$11,355 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Detached Single / None
Year Built
1976
Lot Size
1.57 AC / 68,389 SF
Area
Palatine
Township
Palatine
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Air Conditioning Type
Other
Heat/Fuel
Natural Gas

Location

Listing Courtesy of Pearson Realty Group
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Building Information for 641 West Lake Cook Road

Stories-Year Built1976Building Size-Lot Size1.57 AC / 68,389 SF

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$3,488 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,541

Property Taxes

$946

HOA Dues

$0

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Property Information for 641 West Lake Cook Road

General Information
School Information
  • Elementary School District: 15
  • High School District: 211
  • Middle Or Junior School District: 15
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 6
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Partial
  • Bedrooms Possible: 3
  • Air Conditioning: Other
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 2.0
Exterior Features
  • Type: None
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 41-50 Years
  • Type Detached: None
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 21824
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Cedar
  • Construction: Cedar
  • General Information: None
  • Living Area Source: Estimated
  • Assessor Square Footage: 2100
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 24
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 14X11
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X11
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 12X11
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 10X10
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 10X10
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 10X10

Property History for 641 West Lake Cook Road

DateEvent & SourcePriceAppreciation
Aug 24, 2026

Listed (Active)

MRED #12741544

$500,000
Aug 24, 2026

Cancelled

MRED #12713148

$500,000
Jul 22, 2026

Cancelled

MRED #12697772

$1,100,000
DateEvent & SourcePrice
08/24/2026

Listed (Active)

MRED #12741544

$500,000
08/24/2026

Cancelled

MRED #12713148

$500,000
07/22/2026

Cancelled

MRED #12697772

$1,100,000

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

Public Records for 641 West Lake Cook Road

Taxable ValueLand$16,368Additions$28,632Total$45,000
Tax Record2023$10,778 ($898 / month)
Home Facts
Beds5Baths2.5Total Finished SqFt2,100 SqFtAbove Grade Finished SqFt2,100 SqFtStories2Lot Size21,824 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1978CountyCOOKAPN02-03-100-028-0000

Schools near 641 West Lake Cook Road

This home is within Township Hsd 211 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

Walter R Sundling Jr High School
Public6 to 8

Palatine High School
Public9 to 12

Winston Campus Elementary School
PublicPK to 5

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

641 West Lake Cook Road is a single family home for sale in Palatine, IL 60074. This property was listed for sale on August 24, 2026 by Pearson Realty Group, it's currently listed at $500,000. This listing's school districts are Township Hsd 211 School District, Palatine Central Consolidated School District 15. Nearby schools include Lincoln Elementary School, Walter R Sundling Jr High School and Palatine High School. 641 West Lake Cook Road is a 3-bed, 2-bath, 2,100 sqft single family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pearson Realty Group

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 08/24/2026 06:50 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.