1551 Olive Street, Palatine, Illinois 60074


$949,000

For Sale
Status: New
Sqft: 4,119
Cost/Sqft: $230
Beds: 5
Baths: 4
Year Built: 2014
Property Taxes: $20,921
Lot Size: 0,32
Map
Street View

Description

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.

Property Specifics

Single Family
2014
MORTON
No
0.32
Cook
0 / Not Applicable
12632902
02244070650000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Jane Addams Elementary School
15
Middle School
Winston Campus Middle School
15 Not in DB
High School
Palatine High School
211 Not in DB


Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: 1
Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

3
13967
Not in DB

Nearby Similar Homes

1330 Race Avenue, Arlington Heights, Illinois 60004
For Sale
$1,800,000
4 beds / 4.1 baths / 5,200 ft2
Single Family / Built: 2026
132

1417 Wilke Road, Arlington Heights, Illinois 60004
For Sale
$390,000
3 beds / 1.0 baths / 1,049 ft2
Single Family / Built: 1954
36

1750 Thomas Street, Arlington Heights, Illinois 60004
For Sale
$407,000
3 beds / 1.1 baths / 1,442 ft2
Single Family / Built: 1952
287

1609 Brown Street, Arlington Heights, Illinois 60004
For Sale
$499,000
3 beds / 1.1 baths / 1,471 ft2
Single Family / Built: 1947
2

1402 Harvard Avenue, Arlington Heights, Illinois 60004
For Sale
$585,000
4 beds / 2.1 baths / 2,902 ft2
Single Family / Built: 1968
15

1212 Clarendon Road, Arlington Heights, Illinois 60004
For Sale
$1,600,000
4 beds / 4.1 baths / 3,871 ft2
Single Family / Built: 1944
21

Nearby Sold Comparables

1551 Olive Street, Palatine, Illinois 60074
Sold
$509,157
4 beds / 2.1 baths / 3,167 ft2
Single Family / Built: 2014
4433

1563 Olive Street, Palatine, Illinois 60074
Sold
$592,255
6 beds / 4.0 baths / 3,167 ft2
Single Family / Built: 2015
4278

612 Wilke Road, Palatine, Illinois 60067
Sold
$599,995
4 beds / 3.1 baths / 3,167 ft2
Single Family / Built: 2015
4325

612 Wilke Road, Palatine, Illinois 60067
Sold
$724,925
4 beds / 3.1 baths / 4,000 ft2
Single Family / Built: 2015
1927

1546 Olive Street, Palatine, Illinois 60074
Sold
$125,000
3 beds / 1.1 baths / 2,191 ft2
Single Family / Built: 1947
4798

1546 Olive Street, Palatine, Illinois 60074
Sold
$150,000
3 beds / 1.1 baths / 1,600 ft2
Single Family / Built: 1965
3818


Contact Agent

Listing Provided By

Legacy Properties, A Sarah Leonard Company, LLC