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Land · Palatine, IL
$125,000
beds · baths
882 N FRANKLIN Avenue, Palatine, IL, 60067
A brick-and-mortar place to make your own — room to make it home.
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What’s special

0.42-acre lot
Builders and buyers, here's a rare opportunity to create your vision on a private, nature-lined lot in Palatine! Just under 1/2 acre, this unique property is surrounded by mature trees and faces a peaceful creek, offering a serene, tucked-away setting that feels miles from it all while still close to everything. Ideally located near downtown Palatine, Metra, restaurants, shopping, entertainment, golf courses, forest preserves, bike paths, and with convenient access to the airport and proposed Bears Entertainment District! Zoned R1-SF and non-dividable. Access via easement on the driveway of the white brick home to the south. Walk the property and imagine the possibilities! NOTE: Red lot lines in pictures are estimated, see survey markings on property.
— the listing agent’s description

The home

0.42-acre lot
Land

What it’ll cost

$1,952 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$864/mo
Principal & interest$665
Property taxes$163
Homeowners insurance$36
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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.
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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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7 days on dwello
Price history
Listed for sale
Apr 24, 2026
$125,000
Property taxes
2025
Annual tax bill (MLS)
$1,952/yr
Assessed value
2025
County assessor
$13,420
2024
$6,263
2023
$6,263
2022
$6,263
2021
$6,263
2020
$6,262
2019
$6,262
2018
$5,815
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Shared DrivewayOther

Schools

Elementary — Gray M Sanborn Elementary School
Middle — Walter R Sundling Middle School
High — Palatine High School
Assigned schools per the listing — always verify enrollment + boundaries 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 David LoSavio · Real Broker LLC
Listing last updated Apr 30, 2026 · data refreshed from the MLS Jun 17, 2026, 6:14 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:14 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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