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1298 S Falcon Dr , Palatine, IL 60067
$675,000
Est. Payment: $3,683.75/mo
2 Bed
4 Bath
4485 Sqft
Status: active | Days on site: 41
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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, 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)
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Highlights

Listed by Leeann Bluske , 224-881-4044 EXCHANGE BROKERS , 224-857-7309. Midwest Real Estate Data mls logo

Property Type

Condo/Townhome

HOA Fee

200 Monthly

Year Built

2000

County

Cook

Area

Palatine

 Neighborhood

Peregrine Lake Estates

 School District

15

Listing ID

12756527

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Air Cond:Central Air
Fireplaces:Gas Log,Gas Starter
Floor:Hardwood,Carpet
Basement:Finished,Exterior Entry,Egress Window,9 ft + pour,Rec/Family Area,Storage Space,Daylight,Full,Walk-Out Access
Other:
  • ▪ Additional: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, Number Limit
Water:Public

Exterior Features

Lot:Corner Lot,Irregular Lot,Landscaped,Wooded,Mature Trees
Lot Dimensions:149 X 89 X 145 X135
Garage Capacity:3
Sewer:Public Sewer
Parking Features:Concrete,Garage Door Opener,Yes,Garage Owned,Attached,Garage
Principal Interest
$3,684
Taxes
$1,119
HOA
$200

Home Price

$675,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$135,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,683.75

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,683.75 $1,118.75 $200.00 $5,002.50
Yearly $44,205.02 $13,425.00 $2,400.00 $60,030.02
Total $1,326,150.69 $402,750.00 $72,000.00 $1,800,900.69
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Market insight data is pulled from the same city as the listing being viewed (Palatine, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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