Single Family Home $ 0

1551 E Olive ST

Palatine, IL 60074

  • 5 Beds
  • 3.5 Baths
    Full Baths: 3 Half Baths: 1
  • 4,119 SqFt
  • 0.32 Lot Size
  • 2014 Year Built
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.
Listed by Sarah Leonard of Legacy Properties, A Sarah Leonard Company, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Detached Single

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4, 119 sqft

    Price per Sqft $218

    MLS Listing ID 12667406

    Bedrooms 5

    Full Baths 3

    Half Baths 1

    Year Built 2014

    Annual Tax Amount $20,920

    Tax Year 2024

    Lot Size 0.321 Acres

    Lot Dimensions 13967

    Property Sub-Type Detached Single

  • Location

    State IL

    County Cook

    Area Palatine

    Body of Water MORTON

  • Rooms

    Basement Unfinished, Full

  • Building

    Dwelling Type Detached Single

    Building Description Brick,Cedar, No

    Sewer Public Sewer

    Water Public

    Level or Stories 2 Stories

    Structure Type Brick,Cedar

    New Construction false

  • Interior

    Interior Features Walk-In Closet(s)

    Heating Natural Gas, Forced Air

    Cooling Central Air

    Flooring Hardwood

    Fireplaces Number 1

    Equipment Ceiling Fan(s), Sump Pump

    Fireplace Y

    Appliance Range, Dishwasher, Refrigerator

    Laundry Main Level, In Unit

  • Exterior

    Garage Spaces 3.0

    Roof Type Asphalt

  • Schools

    Elementary Schools Jane Addams Elementary School

    Middle Schools Winston Campus Middle School

    High Schools Palatine High School

    School District 15 , 15, 211

  • Others

    HOA Fee Include None

    Ownership Fee Simple

    Special Listing Condition None

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