1551 E Olive Street
Palatine, Illinois 60074

Closed / MLS #12705014 / Single Family / Palatine
Listing information updated 8/21/2026 at 4:43pm
*** 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.

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

Listing Office Phone: 224.999.9100

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1551 E Olive Street, Palatine, IL 60074 is a single family home which sold for $880,000. 1551 E Olive Street features 5 Beds, 3 Baths, 1 Half Bath. This single family home has been listed on @properties Christie's International Real Estate since July 14th, 2026 and was built in 2014. Nearby schools include Jane Addams Elementary School, Winston Campus Middle School, and Palatine High School. The nearest transit stops include Arlington Park Metra Metra Union Pacific Northwest line.