Residential Land for Sale in Palatine, Illinois

20638 Lake Cook Rd, Palatine, IL 60074

$514,000

3.2 acres

Active

Est $4,352/mo

Developers are welcome. Location, Location, Location. 5 PINs vacant Lots total of 141,042 sqf. (Including water and land). The land is waiting for your successful business in a very high volume traffic street. LAKE ZURICH COMMUNITY UNIT SCHOOL DISTRICT #95. Near the intersection of Rand Rd and Lake Cook Rd, Cross Street is a Starbucks, Hyundai, and Chevrolet dealership. This property is located in unincorporated Lake County but has a Palatine, IL address. Zoning is "E Estate". For more information, visit the Lake County website. The Lot Size includes part of the lake.

Location

Street address: 20638 Lake Cook Rd
County: Lake County
Community: Palatine
Elevation: 801 feet

Land for sale in Illinois

Directions

Take Route #53 North to Lake Cook Road and West to property

Property details

Acreage: 3.2 acres
MLS #: MRED 12411752
Posted: July 20, 20254 months ago

Property taxes

2024: $10,123

Parcels

14353000210000

Details and features

Listing

Type: Land
Subtype: Other

Listing history

Date	Event	Price	Change	Source
July 20, 2025	New listing	$514,000	—	MRED

Payment calculator

This 3.2-acre property is located at 20638 Lake Cook Rd in Palatine, IL 60074. The property is available for sale for $514,000 with a price per acre of $160,625.

Listed by Chicagoland Brokers, (773) 745-1000, Source

Checked 57 mins ago — Updated July 20, 2025

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