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, 3-bedroom 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. With two primary suites, this home offers flexible living arrangements ideal for multi-generational households or added privacy for guests. The grand loft overlooking the great room and its floor-to-ceiling windows provides flexible space that can easily convert into a home office for working from home, or serve as a potential 4th 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. The primary bedroom furniture is negotiable. 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)
Property Details
Price:
$699,999
MLS #:
MRD12756527
Status:
Active
Beds:
2
Baths:
4
Type:
Single Family
Neighborhood:
palatine
Listed Date:
Sep 10, 2026
Finished Sq Ft:
4,485
Year Built:
2000
See this Listing
Schools
School District:
211
Elementary School:
Hunting Ridge Elementary School
Middle School:
Plum Grove Middle School
High School:
Wm Fremd High School
Interior
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
2
Flooring
Hardwood, Carpet
Heating
Natural Gas
Interior Features
Vaulted 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
Laundry Features
Main Level
Exterior
Common Walls
End Unit
Construction Materials
Brick
Garage Spaces
3
Lot Features
Corner Lot, Irregular Lot, Landscaped, Wooded, Mature Trees
Parking Features
Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Parking Spots
3
Parking Total
3
Patio And Porch Features
Deck, Patio
Window Features
Window Treatments, Drapes
Financial
HOA Fee
$200
HOA Fee Frequency
Monthly
HOA Includes
Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Other
Tax Year
2024
Taxes
$13,425
Map
Community
- Address1298 S Falcon Drive Palatine IL
- CityPalatine
- CountyCook
- Zip Code60067
Market Summary
Current real estate data for Single Family in Palatine as of Oct 05, 2026
130
Single Family Listed
107
Avg DOM
291
Avg $ / SqFt
$624,427
Avg List Price
Property Summary
- 1298 S Falcon Drive Palatine IL is a Single Family for sale in Palatine, IL, 60067. It is listed for $699,999 and features 2 beds, 4 baths, and has approximately 4,485 square feet of living space, and was originally constructed in 2000. The current price per square foot is $156. The average price per square foot for Single Family listings in Palatine is $291. The average listing price for Single Family in Palatine is $624,427.
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1298 S Falcon Drive
Palatine, IL


