new - 4 days on rocket

2301 Plum Grove Rd, Palatine, IL, 60067

$325,000

0.64 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #12207423
Lot Size0.64 Acres
StatusActive
(New)

About 2301 Plum Grove Rd

Development Opportunity on busy Plum Grove Rd, with easy driveway ingress and egress. Commercial or Business Zoning possible. Zoning change would be required since currently R-2. Surrounded by commercial, business, & residential. Perfect spec property in case the Bears come to Arlington Hts. Building needs updates & currently used as an office with living space on the 2nd floor. Tear down or convert to your own use. Convenient to expressways and O'Hare Airport.

Property Details

Property Features

Listing Office:

  • Office Name: REMAX Legends
  • Office Phone: (630) 980-4440
  • Listing Agent: Gloria Warnimont

Lot Features

Lot Information:

  • Lot Size: 0.64 Acres

Other

Directions Information:

  • Directions: Kirchoff Rd West to Plum Grove Rd South. Property is on the right side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000

Tax Information:

  • Annual Amount: $21,246
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Palatine, IL.

Med. Sold Price

$334.4K

Med. Price/SqFt

$216

Avg. Days On Market

19

# of Sold Homes

82

2301 Plum Grove Rd vs Palatine

4 DAYS ON ROCKET

-15 Days

$325,000

-$9.4K Less

KEY TAKEAWAY

This property is $9.4K less than the Median Sold Price in Palatine, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12207423

Listing Office:

  • Office Name: REMAX Legends
  • Office Phone: (630) 980-4440
  • Listing Agent: Gloria Warnimont

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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Property Sales & Tax

Listing History

Apr 26, 2000Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2019$21,246$70,071
2018$15,449$46,227
2017$15,129$46,227

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-367465
8
/10
  • Pleasant Hill Elementary School

  • 434 W Illinois Ave

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-367466
7
/10
  • Hunting Ridge Elementary School

  • 1105 W Illinois Ave

  • 1.47 miles

  • Public District Grades KG-5

school-card-donut-367467
4
/10
  • Kimball Hill Elementary School

  • 2905 Meadow Dr

  • 1.50 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,273. The most common annual income of people living in Palatine, IL is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palatine, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Palatine, IL?

The housing landscape in Palatine is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and lifestyles. Architectural styles range from classic mid-century designs to contemporary constructions, with a significant portion of homes built in the latter half of the 20th century. The area has a healthy homeownership rate, with a substantial percentage of residents owning their homes, while the remainder of the population resides in rental properties.

Is Palatine, IL a good place to live?

Palatine prides itself on a community-centric atmosphere, where local events and festivals play a pivotal role in bringing residents together. The area is celebrated for its well-maintained parks and recreational facilities, which contribute to the town's family-friendly character. Seasonal events and community gatherings are a testament to the town's vibrant cultural identity and strong sense of togetherness.

Are things conveniently located in Palatine, IL?

Residents of Palatine benefit from a robust selection of essential services. The educational landscape includes a number of public and private schools, offering a range of options for families. Healthcare is well-supported by local clinics and hospitals that provide a variety of services from routine care to specialized treatments. The community also enjoys access to public libraries and a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services to meet the evolving needs of the population.

What does the transportation in Palatine, IL look like?

Transportation in Palatine features a combination of public transit options and well-connected roadways that facilitate easy commuting and travel within the area. The community is served by a network of buses, with schedules designed to accommodate the needs of residents. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area. The town also emphasizes walkability in certain districts, with ongoing efforts to enhance pedestrian and bicycle infrastructure for a more sustainable and accessible environment.

Frequently Asked Questions About 2301 Plum Grove Rd

What is the listing price of this property?

The listing price of 2301 Plum Grove Rd property is $325,000.

What type of property is this?

The property 2301 Plum Grove Rd is land located in Palatine, Illinois, 60067.

Is this property for sale now?

Active Listing: 2301 Plum Grove Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $21,246 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 26, 2000 for $285,000. (source: MLS/tax record).

How much acreage is this property?

The property 2301 Plum Grove Rd is 0.64 acres.
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Rocket HomesIllinoisCook CountyPalatine600672301 Plum Grove Rd

This home is located at 2301 Plum Grove Rd in Palatine, IL and zip code 60067. This home sits on a 0.64 acre lot. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $325,000.

While more than 20 listings in Palatine, IL in October 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 44 were sold below. The number of homes for sale in Palatine, IL increased by 14.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 19 days, the median list price was $334,428.

From Rocket Homes Real Estate and based on county public records data.

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