Veterans United Realty
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675 W Gilbert Road, Palatine, IL 60067

$485,000 Asking Price

5 beds
2 baths
3,424  sqft

This property is an incredible opportunity, priced below its appraised value! Call your Builder and bring your creative vision and touch. Perfect for designing your dream build or develop two new homes amidst tranquil surroundings. Renovation of the existing home could also be a possibility. The 45,564 sq. ft. parcel can be easily subdivided to develop two residential lots offering endless possibilities for builders and developers. Offering New Build clientele all the convenience of urban living from their peaceful suburban retreat complete with privacy from neighbors yet only a few blocks from acclaimed FREMD High School District and Pleasant Hill Elementary. LOCATION, LOCATION, LOCATION -- Metra Station only 1.5 miles away and quick access to Routes 53 and I90, you can easily reach O'Hare Airport, Downtown Chicago, local health services, shopping centers, restaurants, and Forest Preserves in every direction. Historic Downtown Palatine, just 1.5 miles away, offers a variety of shopping and dining options, as well as Farmers Markets and Town Festivals. Your family will be sure to love the close proximity to The Birchwood Rec Center with outdoor pool, picnic shelter, gymnasium, football and baseball/softball fields, tennis and basketball courts, playground, pre-school and much more. The nearby Palatine Senior Center offers programs and services which support Seniors and their families. Harper College, a renowned public community college, is also conveniently close. If it's outdoor enjoyment you seek, you will find Deer Grove Forest Preserve (3.5 miles), Palatine Prairie & Margreth Riemer Reservoir Park (1.4 miles). Situated on the nearly acre lot is an unique home lovingly built over the course of 25 years by its original owner consisting of 3000+ square feet of living offering 5 bedrooms, 2 full baths, walkout basement and much more. Additional amenities include comfortable Hot Water Heat, 2 patios, 1 Car Garage with Workshop and storage areas. City water and sewer are available on the south side of Gilbert, with the current home already connected to the city sewer, gas and electric. When location is key and land opportunities are scarce, don't miss out on this prime parcel in the desirable Palatine Knolls Subdivision.


Listing Status:
Active
Date Added:
June 26, 2024 — 95 days ago
Listing Office:
Keller Williams Success Realty, Victoria Suthers (847-494-0257)
Office Phone:
847-494-0257
MLS ID:
12081692

Features & Amenities

Interior

General:
Skylight(s), First Floor Bedroom, In-Law Arrangement, First Floor Full Bath, Pantry
Rooms:
Bedroom 5, Recreation Room, Sun Room, Storage, Office
Appliances:
Range, Refrigerator, Washer, Dryer, Range Hood
Dining:
None
Laundry:
Gas Dryer Hookup
Basement:
Full, Walkout
A/C:
Window/Wall Units - 2
Heating:
Natural Gas
Fireplace:
Wood Burning, Fireplaces: 2
Disability Feature:
None

Exterior

General:
Cedar,Concrete, Patio, Workshop, Shed(s)
Style:
Ranch
Parking:
Garage, Parking spaces: 1

Construction

Roofing:
Tar and Gravel
General:
1 Story, Block, Concrete Perimeter

Location

HOA Amenities:
Curbs, Sidewalks, Street Lights, Street Paved, Not Applicable
Originating MLS:
mred
School District:
15
County:
Cook

Lot

Zoning:
02223010280000

Utilities

Utilities:
Circuit Breakers
Water:
Private Well
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple

This listing courtesy of:
Keller Williams Success Realty, Victoria Suthers

About Palatine, IL

Housing

Number of Units
32,520
Median Home Value
$321,505
Median Rent
$1,212

30.85% of housing units are renter occupied.

5.14% are vacant.

Commute

Car
61.49%
Public Transportation
3.19%
Walk to Work
1.56%
Work from Home
33.04%
Other
0.38%

The median travel time to work is 21 minutes.

People

Population
78,292
Median Age
39.50
Median Household Size
2.72

Education

High School
14.85%
Associate’s Degree
6.88%
Bachelor’s Degree
32.81%
Graduate Degree
20.43%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

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