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New construction
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Detached Single · Palatine, IL
$1,350,000
3 beds · 3.5 baths · 4,000 sqft
1200 S Patrick Lane, Palatine, IL, 60067
A brick-and-mortar place to make your own — room to make it home.
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What’s special

New constructionCentral air3-car garage
Proposed new construction in prestigious Peregrine Lake Estates on one of Palatine's most exceptional lots. This rare wooded homesite backs to peaceful Peregrine Lake and offers a stunning lake-view walkout setting, creating a beautiful private backdrop for your dream home. The proposed plan offers approximately 4,000 square feet with 3 bedrooms, 2 studies, 3.5 baths, a brick front elevation, and a gorgeous walkout basement designed to take full advantage of the lake views. The thoughtfully designed floor plan features 10-foot ceilings on the first and second floors, a first-floor den, spacious living areas, a gourmet kitchen, generous bedroom suites, walk-in closets throughout, and decks off both the first floor and primary bedroom. Additional features include a four-floor shaft/closet layout sized for a future or optional elevator, 10-foot ceilings in the unfinished walkout basement, and stairs to unfinished attic storage with the option to finish approximately 600 square feet of additional living space. Builder can modify the plan to suit your needs, giving you the flexibility to personalize the home, layout, and finishes. Located within the Fremd High School district and close to Harper College, Deer Grove Forest Preserve, Deer Park shopping and dining, downtown Palatine restaurants, and convenient access to I-90 and Route 53. A rare opportunity to create a custom new-construction home on a wooded lake-view walkout lot in one of Palatine's most desirable communities.
— the listing agent’s description

The home

3 beds
3.5 baths
4,000 sqft
0.26-acre lot
3-car garage
Detached Single

What it’ll cost

$338 / sqft
$2,118 taxes / yr
No HOA
27 days on dwello

Estimated monthly payment

$7,749/mo
Principal & interest$7,178
Property taxes$177
Homeowners insurance$394
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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27 days on dwello
Price history
Listed for sale
May 28, 2026
$1,350,000
Earlier records
Sold
Oct 5, 2007
$342,500
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$2,118/yr
Assessed value
2025
County assessor
$14,882
2024
$7,155
2023
$7,155
2022
$7,155
2021
$7,155
2020
$7,155
2019
$7,155
2018
$6,582
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirNatural GasForced AirVinyl SidingBrickPublic SewerAsphaltYes

Schools

Elementary — Hunting Ridge Elementary School
Middle — Plum Grove Middle School
High — Wm Fremd 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 Ernie Dote · HomeSmart Connect LLC
Listing last updated Jun 23, 2026 · data refreshed from the MLS Jun 23, 2026, 12:25 PM CT
Based on information submitted to the MLS GRID as of Jun 23, 2026, 12:25 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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