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  • Price cut: $99.9K (7/23)
    $300,000

    20727 N State Route 53, Palatine, IL 60047

    --beds
    --baths
    4.73Acres
    Unimproved Land
    Built in ----
    4.73 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Approximately 4.73 acres of vacant land along the Route 53 corridor in desirable Ela Township near Lake Zurich, Long Grove, and Palatine this parcel presents a compelling opportunity for a custom estate residence, land investment, or future potential, subject to Lake County approvals. Located in unincorporated Lake County with conforming Agricultural (AG) zoning, an Early Assistance review has been completed, confirming development parameters for a single-family residence and providing valuable guidance for buyers. The property offers a mix of open and natural landscape, allowing flexibility in home placement while maintaining privacy and scenic surroundings. Ideally situated with direct access to Route 53 and Lake Cook Road, the location provides strong connectivity while being surrounded by estate homes, open land, and nearby amenities including Deer Park Town Center, historic downtown Long Grove, forest preserves, golf courses, and dining. Located within the highly acclaimed Stevenson High School District (125), including Kildeer Countryside Elementary and Woodlawn Middle School. With approximately 4.73 acres, this parcel offers a unique balance of location, space, and long-term potential.
    166 days
    122
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Stella Talaga 630-297-3564,

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12598253MLS Logo

      Facts & features

      Property

      Features
      • Frontage length: 329
      Lot
      • Size: 4.73 Acres
      • Dimensions: 329 x 627 x 329 x 627 (Approx)
      Details
      • Parcel number: 14352000150000
      • Zoning: AGRIC
      • Special conditions: None

      Utilities & green energy

      • Sewer: Septic Needed
      • Water: Well Required
      • Utilities for property: Electricity Nearby, Unknown (verify)

      Community & HOA

      Location
      • Region: Palatine

      Financial & listing details

      • Tax assessed value: $241,185
      • Annual tax amount: $7,684
      • Date on market: 3/21/2026
      • Ownership: Fee Simple
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,292/mo

        Price history

        DateEventPrice
        7/23/2026Price change$300,000-25%
        Source: MRED as distributed by MLS GRID #12598253 Report a problem
        4/24/2026Price change$399,900-18.2%
        Source: MRED as distributed by MLS GRID #12598253 Report a problem
        3/6/2026Listed for sale$489,000+39.7%
        Source: MRED as distributed by MLS GRID #12580343 Report a problem
        8/2/2005Sold$350,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,685 +8.5%$83,932 +4.4%
        2023$7,083 -7.9%$80,387 +12%
        2022$7,687 +4.5%$71,769 -9.1%
        2021$7,356 -23.6%$78,912 -24%
        2020$9,633 +3.2%$103,766 +0.9%
        2019$9,331 -1.5%$102,861 -5.7%
        2018$9,472 $109,038 +1.2%
        2017$9,472 +2.5%$107,724 +3.3%
        2016$9,244 -14.1%$104,313 +5%
        2015$10,758 +1.6%$99,355 -11.4%
        2014$10,592 +4.6%$112,178 -0.2%
        2012$10,129 +6.1%$112,414 -3%
        2011$9,550 +11.6%$115,883 +0.9%
        2010$8,557 +4.1%$114,804 -4%
        2009$8,223 +3.9%$119,588 +2.1%
        2008$7,913 +96.5%$117,163 +2.5%
        2006$4,027 $114,361
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60047

        Getting around

        6 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Kildeer Countryside Elementary S
        • Middle: Woodlawn Middle School
        • High: Adlai E Stevenson High School
        • District: 96

        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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