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.
Active
$999,990
1113 W Wood St, Palatine, IL 60067
--beds
--baths
1.03Acres
Unimproved Land
Built in ----
1.03 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 70 days |
- 323 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Alicia Brooks 630-248-0479,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12606871
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Property
Features
- Frontage length: 150.4
Lot
- Size: 1.03 Acres
- Dimensions: 150X300
Details
- Parcel number: 02164050110000
- Zoning: SINGL
- Special conditions: None
Utilities & green energy
- Sewer: Septic Tank
- Water: Municipal Water
- Utilities for property: Electric to Site, Natural Gas Available, Sewer Nearby
Community & HOA
Location
- Region: Palatine
Financial & listing details
- Tax assessed value: $330,020
- Annual tax amount: $8,004
- Date on market: 5/19/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2016 | Listing removed | $830,000 |
Source: Baird & Warner #08711544 Report a problem | ||
| 4/15/2016 | Pending sale | $830,000 |
Source: Baird & Warner #08711544 Report a problem | ||
| 7/8/2015 | Price change | $830,000-2.4% |
Source: Baird & Warner #08711544 Report a problem | ||
| 8/27/2014 | Listed for sale | $850,000+54.5% |
Source: Baird & Warner Real Estate #08711544 Report a problem | ||
| 6/3/2013 | Listing removed | $550,000 |
Source: Baird & Warner Real Estate #08079790 Report a problem | ||
| 6/2/2012 | Listed for sale | $550,000 |
Source: Baird & Warner Real Estate #08079790 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,439 +5.4% | $33,002 |
| 2023 | $8,004 +4.1% | $33,002 |
| 2022 | $7,689 +44.5% | $33,002 +43.2% |
| 2021 | $5,322 +5.7% | $23,048 |
| 2020 | $5,034 +0.9% | $23,048 -10.2% |
| 2019 | $4,988 -7.9% | $25,666 -14.9% |
| 2018 | $5,415 -26.2% | $30,151 |
| 2017 | $7,340 +0.1% | $30,151 |
| 2016 | $7,335 +12% | $30,151 +16.8% |
| 2015 | $6,550 +3.7% | $25,814 |
| 2014 | $6,317 +0.2% | $25,814 |
| 2013 | $6,301 -9.4% | $25,814 -14.6% |
| 2012 | $6,958 +1% | $30,231 |
| 2011 | $6,886 -4.2% | $30,231 |
| 2010 | $7,188 +16% | $30,231 -26.1% |
| 2009 | $6,196 +4.9% | $40,908 -5% |
| 2008 | $5,907 +4.3% | $43,062 |
| 2007 | $5,667 -5.3% | $43,062 +24.7% |
| 2006 | $5,985 -0.7% | $34,531 |
| 2005 | $6,027 +5.5% | $34,531 |
| 2004 | $5,715 +5.2% | $34,531 +30.9% |
| 2003 | $5,431 +3.3% | $26,382 |
| 2002 | $5,259 +15% | $26,382 |
| 2001 | $4,573 +32.4% | $26,382 +18.9% |
| 2000 | $3,454 +1.9% | $22,197 +26.8% |
| 1999 | $3,389 | $17,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 60067
Nearby schools
GreatSchools rating
- 8/10Marion Jordan Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10Walter R Sundling Jr High SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Wm Fremd High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: 15
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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