For sale Home

Listed Nov 2, 2026

$595,995 Est. $3,942/mo

5280 Old Plum Grove Road

  • 4

    Beds

  • 3

    Baths

  • 4,111

    Sq ft

The story

  • Waterfront

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.

Facts & features

Home type

Home

Lot size

1 acres

Price per sq ft

$145

Parking

4-car garage

Included features

  • Fireplace

    2 fireplaces

  • Cooling

    Central Air

  • Heating

    Gas, Forced Air

  • Appliances

    Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop

  • Water Source

    Well

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$3,942 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,172
  • Property tax $596
  • Insurance $174

Includes principal, interest, taxes & insurance.

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Listing Broker

Compass

Broker Name

Compass

Agent

Michael Mandile