Hunter Lisk
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Exceptional 1.57-acre development opportunity comprised of THREE contiguous parcels being sold together. Sale includes two adjoining parcels (three separate PINs). The assemblage currently consists of one livable single-family residence, one home in need of significant renovation or teardown, and one vacant lot. Positioned along highly traveled Lake Cook Road and directly across from Deer Park Town Center, this unique offering provides outstanding visibility and long-term redevelopment potential. Currently zoned R-1 Single Family Residential, the site may present opportunities for future residential, multifamily, mixed-use, or commercial redevelopment, subject to municipal approvals and rezoning. Buyers are encouraged to perform their own due diligence regarding zoning and development possibilities. Whether you're an investor looking to land bank, a builder seeking a large development site, or an owner-user planning for future appreciation, opportunities to acquire three contiguous parcels totaling approximately 1.57 acres in this location are exceptionally rare. Properties are being sold together only. Individual parcels will not be sold separately.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 4,860
Lot Size: 1.57 acres
Garage Size: 2
Built in 1976
School District: District 211
General Information
Bedrooms: 6
Bathrooms: 4
Sqft: 4,860
County: Cook
Listed By:
eXp Realty
888-574-9405
MRED MLS
MLS ID: 12697772
Room Information
Bedroom 5: 12X11
Bedroom 6: 12X11
Bedroom 2: 12X11
Bedroom 3: 12X11
Bedroom 4: 12X11
Dining Room: 10X10
Family Room: 10X10
Kitchen: 10X10
Laundry: 5X5
Living Room: 10X10
Primary Bedroom: 14X11
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641 W Lake Cook Road, Palatine, IL 60074.
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| Loan Type | FHA 30 Year Fixed | 15 Year Fixed | VA 30 year fixed |
| Purchase Price | $1,100,000 | $1,100,000 | $1,100,000 |
| Down Payment | $38,500 | $275,000 | $0 |
| Monthly Mortgage Amount | $6,650 | $6,796 | $6,919 |
| Taxes | $1531 | $1531 | $1531 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $660 | $0 | $0 |
| Monthly Estimated Total | $9,162 | $8,648 | $8,771 |
Hunter Lisk
REALTOR®
Cell: (608) 642-2235
Licensed in IA, IL & WI
Dubuque Office
600 Star Brewery Drive
Suite 300
Dubuque, IA 52001
(563) 583-4550
Suite 300
Dubuque, IA 52001
(563) 583-4550
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