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Land · Arlington Heights, IL
$2,175,000
beds · baths
1007 E Palatine Road, Arlington Heights, IL, 60004
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Summary 1007 E Palatine Rd represents a rare, fully entitled development opportunity in one of suburban Chicago's most desirable and land-constrained retail corridors. With final city approvals in hand for a modern car wash, this site offers a turnkey path to construction with minimal lead time. Exceptional visibility, strong demographics, and established infrastructure make this a top-tier investment and development site.
— the listing agent’s description

The home

Lot 180x253
Land

What it’ll cost

$38,668 taxes / yr
No HOA
76 days on dwello

Estimated monthly payment

$15,421/mo
Principal & interest$11,565
Property taxes$3,222
Homeowners insurance$634
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
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On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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76 days on dwello
Price history
Listed for sale
Feb 11, 2026
$2,175,000
Property taxes
2025
Annual tax bill (MLS)
$38,668/yr
Assessed value
2025
County assessor
$65,537
2024
$54,614
2023
$141,251
2022
$245,911
2021
$196,611
2020
$196,609
2019
$196,609
2018
$160,600
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Schools nearby

Ivy Hill Elementary School · 0.4 mi
Thomas Middle School · 0.7 mi
John Hersey High School · 0.7 mi
Olive-Mary Stitt Elementary School · 0.9 mi
Chicago Futabakai Japanese School · 1.0 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Scott Birkeland · SB Real Estate Group, PLLC
Listing last updated Apr 26, 2026 · data refreshed from the MLS Jun 17, 2026, 6:12 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:12 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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