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Listed price in listed location currency (USD).
$699,999

243

MLS® 12756527

Overview

Key Facts

Type Townhouse
Levels Residential
Size 4485 sqft
Garage Yes
Taxes $13,425
Days Active 4
Lot Size 
Approx. Age 2000
Avg. Price Per Sqft $156
MLS® Number 12756527

Property Address: 1298 Falcon Dr, Palatine, IL, 60067-2386

Average square foot calculated using Size range provided by listing agent.

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)
MLS® Number12756527
Laundry LevelMain
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age2000
BasementFinished, Exterior Entry, Other, Egress Window, 9 ft + pour, Rec/Family Area, Storage Space, Daylight, Full, Walk-Out Access
DrivewayConcrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Garage Spaces
HeatNatural Gas
A/CCentral Air

Extras

Rooms

Dining Room:Main Floor14 × 12 ft
Laundry:Main Floor8 × 6 ft
Bedroom 3:Basement11 × 14 ft
Bedroom 2:Second Floor20 × 22 ft
Family Room:Basement26 × 30 ft
Kitchen:Main Floor15 × 15 ft
Other:Main Floor13 × 12 ft
Master Bedroom:Main Floor19 × 13 ft
Living Room:Main Floor23 × 20 ft

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

51 days

Today, For Sale for $699,999

For Sale · 10 days

$699,999

MLS® 12756527

11 days ago

Not Sold Yet

September 2026, For Sale for $699,999

For Sale · 10 days

$699,999

MLS® 12756527

11 days ago

Not Sold Yet

July 2026, For Sale for $749,999

For Sale · 51 days

$749,999

MLS® 12719605

2 months ago

Not Sold Yet

Home Estimate Zoopraisal®

This property is estimated to sell between: $577,000 and $762,000.
Similar properties in this area sold on average for: $577,635
Expect to pay under asking. 80% of similar properties sold for less than the asking price.
Expected to sell very soon! Similar properties sold in days. This home has been on Zoocasa for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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