1551 E Olive Street, Palatine, IL 60074
Local realty services provided by:CENTURY 21 Circle
1551 E Olive Street,Palatine, IL 60074
$949,000
- 5 Beds
- 4 Baths
- 4,119 sq. ft.
- Single family
- Active
Listed by: sarah leonard, james brown
Office: legacy properties, a sarah leonard company, llc.
MLS#:12632902
Source:MLSNI
Price summary
- Price:$949,000
- Price per sq. ft.:$230.4
About this home
Stunning, move-in-ready luxury meets exceptional space and design in this beautifully updated Palatine home offering over 4,000 square feet of refined living. Perfectly situated on a premium third-acre lot, this 5-bedroom, 3.5-bath home delivers the ideal blend of space, functionality, and modern style. Step inside to a true open-concept layout featuring 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 including 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-perfect for everyday living and effortless entertaining. A first-floor laundry room adds convenience. Upstairs, the expansive primary suite offers a private sitting area, a large walk-in closet, and a spa-like en suite bath with dual vanities, a soaking tub, and separate shower. The additional bedrooms are generously sized and well-positioned for family, guests, or flexible work-from-home needs. The full unfinished basement provides incredible potential for future living space, recreation, or storage. Car enthusiasts, hobbyists, and golf lovers will appreciate the expanded 3-car tandem garage-offering exceptional space for storage, a workshop, or even a golf simulator setup. Additional parking pad. NEW: Roof and gutters.Step outside to a massive maintenance-free deck overlooking the backyard-ideal for relaxing or hosting gatherings. Perfectly positioned in an unbeatable location, this home offers convenient access to shopping, dining, entertainment, major expressways, Metra Station, Twin Lakes Park, Salt Creek Park District Child Care, and the highly sought-after Twin Lakes Recreation Area. Even more exciting, you're within walking distance to the proposed Chicago Bears stadium and surrounding redevelopment district-bringing future growth, energy, and long-term value right to your doorstep. This is a rare opportunity to own not just a beautiful home, but a prime piece of one of Palatine's most dynamic and evolving areas....
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Home facts
- Year built:2014
- Listing ID #:12632902
- Updated:April 30, 2026 at 10:58 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:Yes
- 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:$949,000
- Price per sq. ft.:$230.4
- 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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