BEDS5
BATHS3 full 1 partial
SQUARE FEET4,119
MLS#12667406
STATUSNew
PROPERTY TYPEResidential - Single Family
SCHOOLDistrict 211
Property Description
Stunning move-in-ready luxury meets exceptional space and design in this beautifully updated Palatine home offering over 4,100 square feet of refined living on an oversized premium one-third-acre lot. Built in 2014, this 5-bedroom, 3.5-bath home with a full basement and expanded 3-car tandem garage delivers the ideal blend of space, functionality, and newer-construction appeal. Step inside to a freshly painted, true open-concept layout featuring gorgeous hardwood floors, a formal living room, dining room, private main-level office, and a warm, inviting family room anchored by a fireplace. The heart of the home is the stunning kitchen, complete with rich cabinetry, quartz countertops, stainless steel appliances, double wall ovens, a cooktop with hood, a large island with seating and storage, a walk-in pantry, and a bright eating area that flows seamlessly into the family room. Upstairs, the expansive primary suite offers a private sitting area, a large walk-in closet, and a spa-like bath with dual vanities, a soaking tub, and a separate shower. Generously sized secondary bedrooms provide excellent flexibility for family, guests, or work-from-home needs. The full unfinished basement offers incredible future potential and is already roughed in for a fourth full bath. The expanded tandem garage is ideal for car enthusiasts, hobbyists, storage, workshop space, or even a golf simulator setup, and includes a 220V outlet for a possible heater or EV charger. An additional parking pad provides room for 4-6 more vehicles. Enjoy outdoor living on the massive maintenance-free deck with a built-in natural gas line overlooking the large backyard. Recent updates include a new roof, new gutters, and a full interior repaint. This is a rare opportunity to own not just a beautiful home, but a prime piece of one of Palatine's fastest-growing and most dynamic areas, bringing future growth, entertainment, dining, and long-term value right to your doorstep. Convenient access to shopping, restaurants, major expressways, Metra, Salt Creek Park District, and the highly sought-after Twin Lakes Recreation Area further enhances the incredible lifestyle this location offers.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished, Full
Basement: Yes
Cooling: Central Air
Fireplaces: 1
Garage: 3
Heating: Natural Gas, Forced Air
Lot Size: 0.32 Acres
Roof Type: Asphalt
Taxes: $20,920
Year Built: 2014
Amenities
Walk-In Closet(s)
Feature Descriptions
Additional rooms: Office, Bedroom 5,Sitting Room
Appliances: Range, Dishwasher, Refrigerator
Association Includes: None
Bath Features: Separate Shower, Double Sink, Soaking Tub
Dining Room: Combined w/ LivRm
Exterior: Brick, Cedar
Fireplace Location(s): Family Room
Laundry: Main Level, In Unit
Lot Dimensions: 13967
Other Equipment: Ceiling Fan(s), Sump Pump
Parcel#: 02244070650000
Parking: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 11
Township: Palatine
Water: Public
Room Sizes
Office: 14X13
Bedroom 5: 14X11
Sitting Room: 16X11
Bedroom 2: 21X17
Bedroom 3: 13X11
Bedroom 4: 13X11
Dining Room: COMBO
Family Room: 19X17
Kitchen: 15X13
Laundry: 12X6
Living Room: 29X14
Primary Bedroom: 21X15
Local Schools
High School: Palatine High School
Middle School: Winston Campus Middle School
Elementary School: Jane Addams Elementary School
School District: District 211
Listed By / Shown By
Listed By
Agency Name: Legacy Properties, A Sarah Leonard Company, LLC
Agency Phone: 224-999-9100
Shown By
Agent Name: Ginny Meyer
Agent Phone: (815) 262-8082
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 6,093.43 per month $4,087.63 Principal & Interest $1,743.33 Property Tax $262.47 Homeowner's InsuranceChange Payment Information
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1551 E Olive Street | MLS# 12667406
This single family home located at 1551 E Olive Street , Palatine, IL 60074 is currently listed for sale with an asking price of $899,900. This property was built in 2014 and has 5 bedrooms and 3 full and 1 partial baths with 4119 sq. ft. E Olive Street is located within the District 211 school district. Search Palatine real estate on gmeyer.gogambino.com today.