Contact us: 563.441.1776
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 Highlights
Property Type: Residential - Single Family
Total Living Area SF: 4,119
Garage Size: 3
Attached Garage
Built in 2014
Elementary School: Jane Addams Elementary School
High School: Palatine High School
Middle School: Winston Campus Middle School
Brick Exterior
One Fireplace
General Information
Bedrooms: 5
Bathrooms: 4
Sqft: 4,119
County: Cook
High School: Palatine High School
Listed By:
Legacy Properties, A Sarah Leonard Company, LLC
224-999-9100
MRED MLS
MLS ID: 12705014
Room Information
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
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1551 E Olive Street , Palatine, IL 60074.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $858,000 | $858,000 | $858,000 |
| Down Payment | $171,600 | $30,030 | $214,500 |
| Monthly Mortgage Amount | $4,226 | $5,187 | $5,301 |
| Taxes | $1194 | $1194 | $1194 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $515 | $0 |
| Monthly Estimated Total | $5,670 | $7,146 | $6,745 |
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