Price Reduced Listing
$749,999
 $4,026 est/mo Sourced by Back At You

1298 S Falcon Drive,Palatine, IL 60067

Palatine, IL 60067

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Description

Stunning, wide-open end unit with the exclusive Peregrine Lake Estates lot amidst wooded greenery that backs to the lake. Enjoy low-maintenance living in this sun-filled townhome featuring a heated 3-car garage and many high-end updates throughout and an easy walk to Fremd HS! The main level offers an open-concept layout with refinished American Cherry hardwood floors, custom built-ins and upgrades, a gas fireplace, and a unique and huge heated/cooled 4-season room adjacent to the top deck. The kitchen features 42" maple cabinetry with soft-close drawers, granite countertops, a Sub-Zero HE refrigerator, exterior vented gourmet hood and a quartz-top island. A remodeled 2nd primary suite, updated powder room and laundry add main-floor living convenience. The upstairs primary suite features hardwood floors, two walk-in closets, and a remodeled bath with a double vanity and tiled shower. The grand loft overlooking the great room and its floor to ceiling windows provides flexible space for a home office, hobby area, or additional bedroom. The walkout lower level features a spacious recreation room with a second fireplace, a third bedroom with ensuite bath, a wet bar, and three sliding doors leading to the paver patio and gorgeous backyard. Enjoy updates including a new tankless water heater (2026), a bright sunroom with exterior access and fresh paint, plus a heated garage with a Q garage door system for added comfort and convenience. UPDATES: Navien tankless water heater (2026), Epoxy Garage Floor (2021), LED Lights Throughout (2022), Kitchen Island (2022), Basement & Primary Blinds (2022), New AC/Furnace (2025), Hood Exhaust (2025), Kitchen Backsplash (2025), Kitchen Disposal & Roll-out shelving (2024), Deck Restoration (2024), Bedroom Carpet (2021), New Roof (2020), Rizo Sprinkler Controller and RPZ Valve (2023), SimpliSafe Security System (2023), Level 2 Charger for EV (2023), Water Heater Controller (2022), Storm Sewer Sump Pump (2021), New Garage Door Spring (2026), Sliding Drawer in Pantry (2022), Remodeled Master Bath and Powder Room (2021), Freshly Painted Entire Home (2021)

Details

MLS #12719605
Listing TypeFor Sale
StyleCondominium
HOA Dues$200
Sub-TypeResale
StatusActive
Year2000
Days On Site39
Listing Provided ByEXCHANGE BROKERS | Leeann Bluske

Features

Bed(s)3
Bath(s) 4 Total
SQ Feet4,485
Garage3
Story(s)2

Interior

Rooms Total7
CoolingCentral Air
HeatingNatural Gas
Interior FeaturesVaulted Ceiling(s), Cathedral Ceiling(s), Wet Bar, 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Storage, Built-in Features, Walk-In Closet(s), High Ceilings, Granite Counters, Pantry, Quartz Counters
Fireplaces Total2
Fireplace FeaturesGas Log, Gas Starter
Laundry FeaturesMain Level
Window FeaturesWindow Treatments, Drapes

Exterior

Lot FeaturesCorner Lot, Irregular Lot, Landscaped, Wooded, Mature Trees
Construction MaterialsBrick
Patio And Porch FeaturesDeck, Patio

Parking

Parking FeaturesConcrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Garage Spaces3

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount13425

Area Information

StateIL
CountyCook
CityPalatine
Zip Code60067
AreaPalatine
School DistrictWm Fremd High School
Elementary SchoolHunting Ridge Elementary School
High SchoolWm Fremd High School
Listing VS Median (in 60067)
Price:
$749,999
low | high
Med:
$475,000
86.66658222211% of Average
sqft:
4,485
low | high
Med:
1,800
100% of Average
$ / sqft:
$167
low | high
Med:
$264
7.805765963244% of Average
On site:
39
low | high
Med:
4
100% of Average
Sourced by Back At You

Market Activity 60067

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Learn More About This Property

Daniel and Associates Real Estate

Daniel and Associates Real Estate

 (630) 231-8090daareoffice@daare.com
StateIL
CountyCook
CityPalatine
Zip Code60067
AreaPalatine
School DistrictWm Fremd High School
Elementary SchoolHunting Ridge Elementary School
High SchoolWm Fremd High School
Listing VS Median (in 60067)
Price:
$749,999
low | high
Med:
$475,000
86.66658222211% of Average
sqft:
4,485
low | high
Med:
1,800
100% of Average
$ / sqft:
$167
low | high
Med:
$264
7.805765963244% of Average
On site:
39
low | high
Med:
4
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $562K - $937K
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
1200 S Patrick Lane Property Photo 1
$1,350,000
1200 S Patrick Lane
Palatine, IL 60067
Listing Updated: September 6, 2026 at 9:32:56 AM PDT
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