IL
Cook
Palatine
60074
1551 E Olive Street
1551 E Olive Street, Palatine, IL 60074
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Listing Type
Single Family
Listing Status
Active
47
$899,900

Home Details for 1551 E Olive Street

Price
$899,900
Type
Residential
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Square feet
4119
Year built
2014
Lot size acres
0.321
County
Cook
Total rooms
11
Garage
3
Basement
Sump Pump, Unfinished, Full
MLS Listing#
12667406
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 Features
  • Parking
    • Asphalt
    • Garage Door Opener
    • Attached
    • Garage
  • Basement
    • Sump Pump
    • Unfinished
    • Full
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
  • Heating Information
    • Natural Gas
    • Forced Air
  • Water Features
    • Public
  • House Interior
    • Walk-In Closet(s)
  • Garage
    • 1
  • Fire Place
    • Family Room
School Information
School Information for 1551 E Olive Street, Palatine, IL 60074
Elementary School
Jane Addams Elementary School
Middle School
Winston Campus Middle School
High School
Palatine High School
Listing Courtesy: Legacy Properties, A Sarah Leonard Company, LLC - 224-999-9100
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-06-04 04:40:32. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-06-04 04:40:32
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