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5280 Old Plum Grove Road, 
Palatine, IL 60067

$624,999


4

Beds


3

Baths


4,111

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Michael Mandile

Compass

Last updated:

October 19, 2026, 12:19 PM

MLS#

12783954

Source:

MLSNI

About This Home

5280 Old Plum Grove Road

LAND, LOCATION & POTENTIAL! RARE 1.25-ACRE REDEVELOPMENT / REHAB OPPORTUNITY in a sought-after Palatine / Rolling Meadows location! Set among mature trees and natural greenery along Salt Creek, this private, expansive property offers a rare opportunity to renovate the existing residence, reimagine the property, or explore the possibilities of creating a custom dream home in a secluded, wooded setting. The existing residence features 4 bedrooms, 3.5 bathrooms, and over 4,000 square feet of living space, with generous room sizes, multiple living and entertaining areas, and a distinctive floor plan ready for transformation. The home is being sold AS-IS and requires renovation, presenting an exceptional opportunity for a buyer, builder, or investor with vision. Currently serviced by a private well and septic system, with municipal water and sewer available at the street. Enjoy an uncommon combination of acreage, privacy, and natural surroundings while remaining conveniently close to major transportation routes, shopping, dining, and recreation. Located within the highly regarded Fremd High School and Plum Grove Middle School attendance areas, offering access to excellent educational opportunities. Just minutes from Route 53, I-90, downtown Palatine, Metra commuter access, Woodfield Mall, Schaumburg's premier shopping and entertainment destinations, Costco, Trader Joe's, Whole Foods, restaurants, golf courses, parks, and recreation. Opportunities like this are increasingly hard to find. Bring your vision and explore the possibilities this exceptional property has to offer. Renovate. Reimagine. Redevelop. Property is being sold AS-IS.

Home Facts

Single Family

3 Baths

4 Bedrooms

Price Summary

624,999

$152 per Sq. Ft.

MLS #:

12783954

Last Updated:

October 19, 2026, 12:19 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

4,111 Sq. Ft.


Structure

Structure

Building Area:

4,111 Sq. Ft.


Lot

Lot Size (Sq. Ft):

54,450


Finances & Disclosures

Finances

Price:

$624,999

Price per Sq. Ft:

$152 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.