Active

$899,900

1551 Olive Street, Palatine, IL 60074
5 Beds4 Baths0 sqft2 days
1551 Olive Street·Palatine, IL 60074
5Bedrooms
4Bathrooms
0Sq Ft
2014Year Built
About This Home

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.

MLS# 12667406Listed June 3, 2026Residential
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms4
Full Baths3
Half Baths1
Total Rooms11

Size & Structure

Living Area0 sqft
Garage Spaces3
Fireplaces1
Year Built2014
Lot Size0.321 acres

Location

CountyCook
TownshipPalatine
Zip Code60074

Financial

List Price$899,900
Annual Taxes (2024)$20,921
Monthly Tax Est.$1,743
Parcel #02244070650000
Interior Features

Appliances

RangeDishwasherRefrigerator

Flooring

Hardwood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

UnfinishedFull

Laundry

Main LevelIn Unit
Exterior & Lot

Construction

BrickCedar

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

200+ Amp Service

Parking

AsphaltGarage Door OpenerYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None
Schools
Elementary
Jane Addams Elementary School
District: 15
Middle School
Winston Campus Middle School
District: 15
High School
Palatine High School
District: 211
Tax & Financial
Annual Taxes
$20,921
Tax Year 2024
Monthly Tax Est.
$1,743
per month
Property Location

1551 Olive Street, Palatine, IL 60074Cook County

$899,900
1551 Olive Street
5 bd4 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
2 days on market
3-car garage
1 fireplace
0.321 acres
$20,921/yr taxes
$0 HOA (not applicable)
$6,473
estimated monthly payment
Principal & Interest
$4,729/mo
Property Tax
$1,743/mo
$899,900
20% — $179,980
3%50%
6.875%
3%12%
Loan Amount
$719,920
Down Payment
$179,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Legacy Properties, A Sarah Leonard Company, LLC
Agent: Sarah Leonard
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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