$529,000

1120 W Wood Street, Palatine, IL 60067

Active
1 beds 1 baths 500 sqft (assessor) Built 1926 Residential MLS #MRD12729649 8 days on market
Listing courtesy of Suburban Life Realty, Ltd · 847-363-0990 · lysienma@suburbanliferealty.com · MLS #MRD12729649 · Status: Active
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.

Property details

Interior

Basement
Unfinished, Full
Additional rooms
No additional rooms
Total rooms
3

Building & exterior

Style
Cape Cod, Cottage
Age
91-100 Years
Exterior
Frame

Parking

Garage spaces
2
Total spaces
2
Parking details
Asphalt, Yes, Detached, Garage

Lot & location

Lot dimensions
44867
Township
Palatine
County
Cook

Utilities

Heating
Natural Gas
Cooling
Central Air
Water
Well
Sewer
Septic Tank

HOA & community

Assessment includes
None

Schools

Elementary
Marion Jordan Elementary School (15)
Junior high
Walter R Sundling Middle School (15)
High school
Wm Fremd High School (211)

Taxes & terms

Annual taxes
$6,425 (2023)
Parcel number (PIN)
02164020080000
PIN
02164020080000
Ownership
Fee Simple
Possession
Closing
Special conditions
List Broker Must Accompany, Standard
Listed
8/11/2026

Rooms

RoomSizeLevelFlooring
Bedroom 2N/A
Bedroom 3N/A
Bedroom 4N/A
Dining RoomN/A
Family RoomN/A
Kitchen10X18Main
Laundry5X5Main
Living Room12X20Main
Master Bedroom12X20Main

What would this home cost per month?

Using this listing's actual tax bill (2023) — adjust anything.

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

Estimated monthly payment
$0
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

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3 bd · 2 ba · 1,553 sqft
1030 W Kenilworth Avenue, Palatine, IL 60067
$445,000
2 bd · 2.5 ba · 1,946 sqft
126 N Drew Court #0, Palatine, IL 60067
Want to see this home?

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

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