$999,990

1113 W Wood Street, Palatine, IL 60067

Active

3 beds 2.5 baths 1,739 sqft (assessor) Built 1939 Residential MLS #MRD12606874 19 days on market

Listing courtesy of Compass · 630-909-9551 · MLS #MRD12606874 · Status: Active

Unique opportunity just steps from Inverness in the Fremd High School District! Explore this exceptional 150 x 295 property offering incredible potential for development, totaling approximately 44,843 square feet. Whether you envision constructing a few homes, subdividing and selling a portion, or building a custom estate within an established neighborhood, this property provides a versatile setting to bring your vision to life. The well-maintained home on site also offers the opportunity to generate rental income while you plan your next steps. Located in a desirable area with a mix of established homes and newer construction, and held by the same owner for over 40 years, this is a rare opportunity to create something truly special.

Property details

Interior

Basement: Cellar, Full
Additional rooms: Eating Area
Total rooms: 7

Building & exterior

Age: 81-90 Years
Exterior: Combination

Parking

Garage spaces: 2
Total spaces: 12
Parking details: Yes, Garage Owned, Detached, Owned, Garage

Lot & location

Lot dimensions: 150X300
Township: Palatine
County: Cook

Utilities

Heating: Natural Gas
Cooling: Central Air
Water: Well
Sewer: Public Sewer

HOA & community

Assessment includes: None

Schools

Elementary: (15)
Junior high: (15)
High school: (211)

Taxes & terms

Annual taxes: $8,004 (2024)
Parcel number (PIN): 02164050110000
PIN: 02164050110000
Ownership: Fee Simple
Possession: Closing
Special conditions: None
Listed: 5/19/2026

Rooms

Room	Size	Level
Eating Area	99X99	Main
Bedroom 2	99X99	Second
Bedroom 3	99X99	Second
Bedroom 4		N/A
Dining Room	99X99	Main
Family Room		N/A
Kitchen	99X99	Main
Laundry		N/A
Living Room	99X99	Main
Master Bedroom	99X99	Second

What would this home cost per month?

Using this listing's actual tax bill (2024) — adjust anything.

Price

Down payment %

Rate %

Term (years)

Taxes ($/yr)

Insurance ($/mo)

HOA ($/mo)

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment

Principal & interest

Property taxes

Insurance

PMI (under 20% down)

HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

Similar homes nearby

$819,900

4 bd · 3.5 ba · 2,712 sqft

1206 Aberdeen Road, Inverness, IL 60067

$1,100,000

4 bd · 5 ba · 5,144 sqft

1001 W ELLIS Street, Palatine, IL 60067

$789,000

4 bd · 2.5 ba · 2,750 sqft

381 Grayfriars Lane, Inverness, IL 60067

Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

Ask About This Home →

Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

Based on information submitted to the MLS GRID as of 2026-08-26 02:23:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use of this site's search and display of listing data is subject to our Terms of Use. Some listings have been excluded from this website.