1551 E Olive ST, Palatine, IL 60074
1551 E Olive ST, Palatine, IL 60074
1551 E Olive ST, Palatine, IL 60074
1551 E Olive ST, Palatine, IL 60074
1551 E Olive ST, Palatine, IL 60074
1551 E Olive ST, Palatine, IL 60074
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$880,000

$858,000

2.6%
Est.Price: ?

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Est. payment /mo

5 Beds

3.5 Baths

4,119 SqFt


SOLD DATE : 08/21/2026

Key Details

Sold Price $880,000

Property Type Single Family Home

Sub Type Detached Single

Listing Status Sold

Purchase Type For Sale

Square Footage 4,119 sqft

Price per Sqft $213

MLS Listing ID 12705014

Sold Date 08/21/26

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

Property Description

*** 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.

Location

State IL

County Cook

Area Palatine

Body of Water MORTON

Rooms

Basement Unfinished, Full

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

Building

Building Description Brick,Cedar, No

Sewer Public Sewer

Water Public

Level or Stories 2 Stories

Structure Type Brick,Cedar

New Construction false

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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Midwest Real Estate Data (MRED) IDX
Listed by Sarah Leonard of  Legacy Properties, A Sarah Leonard Company, LLC 
Bought with Damian Tabor of Epique Realty Inc

Nearby Locations

Legacy Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois 60175, USA

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