Property Details

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5280 Old Plum Grove Road
Palatine, IL 60067
4 days ago NEW · Active
$595,995
4
Beds
3
Baths
4
Garage
1.25
Acres
MLS# 12799228
Cumulative Days on Market: 6 · Includes prior listings · Currently listed since 11/02/26 · Data provided by the MLS.

Property Description

LAND, LOCATION and POTENTIAL! RARE 1.25-ACRE REDEVELOPMENT / REHAB OPPORTUNITY in a sought-after Palatine / Rolling Meadows location! Set among mature trees and natural greenery along Salt Creek, this private, expansive property offers a rare opportunity to renovate the existing residence, reimagine the property, or explore the possibilities of creating a custom dream home in a secluded, wooded setting. The existing residence features 4 bedrooms, 3.5 bathrooms, and over 4, 000 square feet of living space, with generous room sizes, multiple living and entertaining areas, and a distinctive floor plan ready for transformation. The home is being sold AS-IS and requires renovation, presenting an exceptional opportunity for a buyer, builder, or investor with vision. Currently serviced by a private well and septic system, with municipal water and sewer available at the street. Enjoy an uncommon combination of acreage, privacy, and natural surroundings while remaining conveniently close to major transportation routes, shopping, dining, and recreation. Located within the highly regarded Fremd High School and Plum Grove Middle School attendance areas, offering access to excellent educational opportunities. Just minutes from Route 53, I-90, downtown Palatine, Metra commuter access, Woodfield Mall, Schaumburg's premier shopping and entertainment destinations, Costco, Trader Joe's, Whole Foods, restaurants, golf courses, parks, and recreation. Opportunities like this are increasingly hard to find. Bring your vision and explore the possibilities this exceptional property has to offer. Renovate. Reimagine. Redevelop. Property is being sold AS-IS.

Property Highlights

Property Type
Residential
Local Property Type
Detached Single
Bedrooms
4
Total Bathrooms
3
Living Area
4,111
Price / Sqft
$145
Acres
1.25
Cumulative Days on Market
6

Location

Area
Palatine
City/Township
Palatine
Waterfront
Yes
County
Cook

Lake/Waterfront Information

Water Body Name
SALT CREEK

Property Details

Price
$595,995
Local Property Type
Detached Single
Property Type
Residential

Community

Community Features
Park

Local Schools

Middle School
Plum Grove Middle School
High School
Wm Fremd High School
School District
211

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
3
Full Bathrooms
2
1/2 Bathrooms
1
Bedrooms
4

Rooms and Basement

Total Rooms
11
Basement Features
None

Area and Spaces

Living Area
4,111

Appliances

Appliances
Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop

Interior Features

Interior Features
1st Floor Bedroom, 1st Floor Full Bath, Dining Combo
Laundry Features
Main Level, Gas Dryer Hookup, Electric Dryer Hookup, In Unit
Window Features
Skylight(s)
Electic
Circuit Breakers, 200+ Amp Service
Fireplace Features
Wood Burning, Gas Starter, Masonry

Heating and Cooling

Heating Features
Gas, Forced Air
Fireplaces
2

Building Details

Construction

Foundations
Concrete Perimeter

Materials

Construction Materials
Wood Siding

Terms

Terms

Ownership
Fee Simple
Special Conditions
None
Cumulative Days on Market
6

Taxes

Tax

Tax (Annual)
$22,457.03

HOA

Association Fee Includes
None

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
Septic Tank
Water Source
Well

Lot

Acres
1.25
Lot Dimensions
312.6x49.9x389.8x290.1

Parking

Total Parking Spaces
12
Garage Capacity
4
Parking Features
Concrete, Yes, Garage Owned, Attached, Driveway, Owned, Garage
Listed by Compass, (847) 322-8827
Listing Data last updated 11/07/2026 10:00 am
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Property History

Today
Property information last updated
4 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 6 days (includes prior listings) · Currently listed since November 2, 2026. Data provided by the MLS.

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