ActivePrice Reduced

$499,000

$529,000
1120 Wood Street, Palatine, IL 60067
1 Beds1 Baths0 sqft44 days
1120 Wood Street·Palatine, IL 60067
1Bedrooms
1Bathrooms
0Sq Ft
1926Year Built
About This Home

Land, location & potential! This charming bungalow sits on approximately one acre in a highly desirable area and sought-after school district. Mature trees provide privacy while still being close to shopping, downtown Palatine, Metra transportation, and Inverness Golf Club. Currently serviced by well and septic, with water and sewer available at the street, the property offers exciting possibilities for the future. Live in the existing home while exploring the potential to build an additional home or fully knock down and re-build, subject to zoning and municipal approval. A rare opportunity to own a substantial parcel in a prime location with tremendous potential! Value is in the land.

MLS# 12729649Listed August 11, 2026ResidentialCape Cod, Cottage
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms3

Size & Structure

Living Area0 sqft
Garage Spaces3
Year Built1926
Lot Size1.030 acres

Location

CountyCook
TownshipPalatine
Zip Code60067

Financial

List Price$499,000
Original Price$529,000
Annual Taxes (2023)$6,425
Monthly Tax Est.$535
Parcel #02164020080000
Interior Features

Heating

Natural Gas

Cooling

Central Air

Basement

UnfinishedFull
Exterior & Lot

Construction

Frame
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Parking

AsphaltYesDetachedGarage
Schools
Elementary
Marion Jordan Elementary School
District: 15
Middle School
Walter R Sundling Middle School
District: 15
High School
Wm Fremd High School
District: 211
Tax & Financial
Annual Taxes
$6,425
Tax Year 2023
Monthly Tax Est.
$535
per month
Price Reduced by $30,000
Original list price: $529,000
Property Location

1120 Wood Street, Palatine, IL 60067 — Cook County

$499,000
1120 Wood Street
1 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
44 days on market
3-car garage
1.030 acres
$6,425/yr taxes
Price reduced $30,000
$3,158
estimated monthly payment
Principal & Interest
$2,622/mo
Property Tax
$535/mo
$499,000
20% — $99,800
3%50%
6.875%
3%12%
Loan Amount
$399,200
Down Payment
$99,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Suburban Life Realty, Ltd
Agent: Jill Little
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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