1551 E Olive St

Palatine, IL 60074
  • $858,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 4,119

    SqFt

About the Listing 28889 - 920884,264409

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.

Listing Highlights

Status Active
Days on Site 2
Property Type Residential
MLS ® 12705014
Year Built 2014
Total Square Footage 4,119
Lot/Acreage 0.32
County Cook
School District 15
Elementary School Jane Addams Elementary School
High School Palatine High School

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full / 1 Half
  • Appliances: Range, Dishwasher, Refrigerator, Ceiling Fan(s),Sump Pump
  • Air Cond: Central Air
  • Heating: Natural Gas,Forced Air
  • Fireplaces: 1
  • Floor: Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other: Walk-In Closet(s)
  • Water: Public

Exterior Details

  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Lot Dimensions: 13967
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Asphalt,Garage Door Opener,Yes,Garage Owned,Attached,Garage

Financial Details

  • Tax Amount: $20,921
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 02244070650000
  • Tax Year: 2024

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1551 E Olive St Palatine, IL 60074

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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