Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
6 Properties Within 0.5 miles of: 1551 E Olive, Palatine

1551 E Olive
Palatine, IL 60074

  • 5 Beds
  • 3 / 1 Baths
  • 4,119 Sq. Ft.
  • Built In 2014
Price

$899,900

Est Payment
$6,303 / month (details)  
Taxes
$20,921  
Beds
5  
Baths
3 / 1  
Rooms
11  
Type
Detached  
Sq. Ft.
4,119  
Lot Size
13967  
Built
2014  
Neighborhood
Palatine  
MLS
#12667406
Status
Active

Property Description

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.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
29X14
Dining Room
Main
COMBO
Kitchen
Main
Hardwood
15X13
Family Room
Main
Hardwood
19X17
Laundry
Main
12X6
Master Bedroom
Second
Carpet
21X15
Bedroom 2
Second
Carpet
21X17
Bedroom 3
Second
Carpet
13X11
Bedroom 4
Second
Carpet
13X11
Bedroom 5
Second
Carpet
14X11
Office
Main
Hardwood
14X13
Sitting Room
Second
Carpet
16X11

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling Central Air
  • Water Public
  • Sewer Public Sewer

Additional Information

Interior Features
Walk-In Closet(s)
Appliances
Range, Dishwasher, Refrigerator
Parking
3 Garage Spaces, Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage, Parking included in price
Schools
Palatine High School (211), Winston Campus Middle School (15), Jane Addams Elementary School (15)

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Union Pacific Northwest 0.3 mi
  • Hwy 53 North 0.6 mi
  • Hwy 53 South 0.8 mi
  • I 290 West 3.9 mi
  • I 90 West 4.0 mi
  • I 90 East 4.2 mi
  • I 290 East 4.6 mi
grid
Register to see 0 more properties