1 Acre of Land with Home for Sale in Palatine, Illinois
1120 W Wood St, Palatine, IL 60067
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.
Location
- Street address
- 1120 W Wood St
- County
- Cook County
- Zip code
- 60067
- Community
- Palatine
- School district
- 15
- Elevation
- 760 feet
Directions
Palatine Rd between Quentin and Roselle; to Middleton North to Wood St West.
Property details
- Acreage
- 1.03 acres44,867 sq ft
- MLS #
- MRED 12729649
- Posted
Property taxes
- 2023
- $6,425
Parcels
- 02164020080000
Open houses
| Date | Begins | Ends | Appt needed | Remarks |
|---|---|---|---|---|
| Aug 15, 2026 | 2:00 PM | 4:00 PM | No | — |
Details and features
Listing
- Type
- Residential
Exterior
- Parking Spaces
- 3
- Parking
- Garage
Structure
- Style
- Cape Cod, Cottage
- Stories
- 1
- Basement
- Full, Unfinished
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Natural Gas
- Cooling
- Central Air
- Materials
- Frame
Interior
- Rooms
- Basement, Bathroom, Bedroom, Family Room, Laundry Room x 2
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Marion Jordan Elementary School | Elementary | 15 |
| Walter R Sundling Middle School | Middle | 15 |
| WM Fremd High School | High | 211 |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 12, 2026 | New listing | $529,000 | — | MRED |