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1551 E Olive Street Palatine, IL 60074

$949,000
New / MLS# 12632902 / Residential - Single Family / Palatine
5 Beds
3 Baths
1 Half Bath
4119 SqFt

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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Baird & Warner Rose Hoffmann Agent Cell: 847.627.0039 Email

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Estimated Payment

$ 4,129.01 per month $2,108.89 Principal & Interest $1,743.33 Property Tax $276.79 Homeowner's Insurance
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Property Details

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished, Full
Cooling: Central Air
Fireplaces: 1
Garage: 3
Heating: Natural Gas, Forced Air
Lot Size: 0.32 Acres
Roof Type: Asphalt
Taxes: $20,920
Year Built: 2014

Amenities

Walk-In Closet(s)

Feature Descriptions

Additional rooms: Office, Bedroom 5,Sitting Room
Appliances: Range, Dishwasher, Refrigerator
Association Includes: None
Bath Features: Separate Shower, Double Sink, Soaking Tub
Dining Room: Combined w/ LivRm
Exterior: Brick, Cedar
Fireplace Location(s): Family Room
Laundry: Main Level, In Unit
Lot Dimensions: 13967
Other Equipment: Ceiling Fan(s), Sump Pump
Parcel#: 02244070650000
Parking: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 11
Township: Palatine
Water: Public

Room Information

Office: 14X13
Bedroom 5: 14X11
Sitting Room: 16X11
Bedroom 2: 21X17
Bedroom 3: 13X11
Bedroom 4: 13X11
Dining Room: COMBO
Family Room: 19X17
Kitchen: 15X13
Laundry: 12X6
Living Room: 29X14
Primary Bedroom: 21X15

Schools

High School: Palatine High School
Middle School: Winston Campus Middle School
Elementary School: Jane Addams Elementary School
School District: District 211

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Legacy Properties, A Sarah Leonard Company, LLC

Listing Office Phone: 224-999-9100



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