O'Neil Property Group

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$499,000
87 Days On Site

1120 W Wood Street
Palatine, IL 60067

For Sale|Single Family Residence|Active
1
Bed
1
Total Bath
1
Full Bath
775
SqFt
$644
/SqFt
1926
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Suburban Life Realty, Ltd
1120 W Wood Street1120 W Wood Street1120 W Wood Street1120 W Wood Street
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Land, location & potential! This charming bungalow sits on approximately one acre in a highly desirable area and sought-after school district. Mature trees provide privacy while still being close to shopping, downtown Palatine, Metra transportation, and Inverness Golf Club. Currently serviced by well and septic, with water and sewer available at the street, the property offers exciting possibilities for the future. Live in the existing home while exploring the potential to build an additional home or fully knock down and re-build, subject to zoning and municipal approval. A rare opportunity to own a substantial parcel in a prime location with tremendous potential! Value is in the land.

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Listing Snapshot
PriceΒ 
$499,000
Days On SiteΒ 
87 Days
BedroomsΒ 
1
Inside Area (SqFt)Β 
775 sqft
Total BathsΒ 
1
Full BathsΒ 
1
Partial BathsΒ 
N/A
Lot SizeΒ 
1.03 Acres
Year BuiltΒ 
1926
MLS NumberΒ 
12729649
StatusΒ 
Active
Property TaxΒ 
$6,425
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoStatus changed to Active
2 months agoPrice changed to $499,000
3 months agoListing first seen on site
General Features
AcresΒ 
1.03
GarageΒ 
Yes
Garage SpacesΒ 
2.5
ParkingΒ 
AsphaltDetachedGarage
Parking SpacesΒ 
2.5
Property Sub TypeΒ 
Single Family Residence
SewerΒ 
Septic Tank
Special CircumstancesΒ 
Standard
StyleΒ 
Cape CodCottage
Water SourceΒ 
Well
Interior Features
BasementΒ 
UnfinishedFull
CoolingΒ 
Central Air
HeatingΒ 
Natural Gas
Bedroom 2Β 
Bedroom 3Β 
Bedroom 4Β 
Dining RoomΒ 
Family RoomΒ 
KitchenΒ 
Dimensions - 10X18Level - Main
LaundryΒ 
Dimensions - 5X5Level - Main
Living RoomΒ 
Dimensions - 12X20Level - Main
Master BedroomΒ 
Dimensions - 12X20Level - Main
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Exterior Features
Construction DetailsΒ 
Frame
Community Features
MLS AreaΒ 
Palatine
School DistrictΒ 
Wm Fremd High School
TownshipΒ 
Palatine
Schools
School District
Wm Fremd High School
Elementary School
Marion Jordan Elementary School
Middle School
Walter R Sundling Middle School
High School
Wm Fremd High School
Listing Courtesy of MRED as distributed by MLS Grid of Suburban Life Realty, Ltd



Based on information submitted to the MLS GRID as of 2026-11-08 04:35 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-08 04:35 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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