1551 E Olive Street, Palatine, IL 60074
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1551 E Olive Street,Palatine, IL 60074
$858,000
- 5 Beds
- 4 Baths
- 4,119 sq. ft.
- Single family
- Pending
Listed by: sarah leonard, james brown
Office: legacy properties, a sarah leonard company, llc.
MLS#:12705014
Source:MLSNI
Price summary
- Price:$858,000
- Price per sq. ft.:$208.3
About this home
*** MULTIPLE OFFERS RECEIVED*** Sellers respectfully request highest and best by 2PM Monday 7/20. 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....
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Home facts
- Year built:2014
- Listing ID #:12705014
- Updated:August 07, 2026 at 10:28 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:11
- Dining Description:Combined With Living Room
- Bathrooms Description:Double Sinks, Separate Shower, Soaking Tub
- Kitchen Description:Dishwasher, Range, Refrigerator
- Basement Description:Full, Unfinished
- Living area:4,119 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:2014
- Building area:4,119 sq. ft.
- Lot area:0.32 Acres
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Schools
- High school:Palatine High School
- Middle school:Winston Campus Middle School
- Elementary school:Jane Addams Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$858,000
- Price per sq. ft.:$208.3
- Tax amount:$20,921 (2024)
Features and amenities
- Amenities:Ceiling Fan(s), Sump Pump
Parking
- Total parking spaces:3
- Parking description:Asphalt, Attached Garage, Garage
- Garage:Yes
- Garage spaces:3
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