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Price CutPrice Drop: $25K (10/19)
Townhouse for sale at 1298 S Falcon Dr, Palatine, IL 60067 | MLS# 12756527 | Listing updated on 2026-10-20
Photo 1 of Townhouse for sale at 1298 S Falcon Dr, Palatine, IL 60067 | MLS# 12756527 | Listing updated on 2026-10-20
Photo 2 of Townhouse for sale at 1298 S Falcon Dr, Palatine, IL 60067 | MLS# 12756527 | Listing updated on 2026-10-20
Photo 3 of Townhouse for sale at 1298 S Falcon Dr, Palatine, IL 60067 | MLS# 12756527 | Listing updated on 2026-10-20
Photo 4 of Townhouse for sale at 1298 S Falcon Dr, Palatine, IL 60067 | MLS# 12756527 | Listing updated on 2026-10-20
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$675,000

Monthly Est:$3,360

  • Beds Icon2 Beds
  • Beds Icon
    4 Baths
  • Beds Icon4,485sqft

1298 S Falcon Dr, Palatine, IL 60067

$3,360/moEst:

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  • Townhouse

  • Built in 2000

  • $200/mo HOA

  • -- sqft lot

  • $151/sq.ft

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)

  • Houzeo last checked: 6 hours ago
  • Listing updated: October 20, 2026 at 8:01 am
  • Listing Provided by: Leeann Bluske (224) 881-4044 | EXCHANGE BROKERS (224) 857-7309
  • Source: MRED MLS-IL | MLS#: 12756527 MRED MLS-IL

Property Details

  • Status

    Active

  • Type

    Townhouse

  • No. of Stories

    2

  • County

    Cook County

  • City

    Palatine

  • Neighborhood

    --

  • Year Built

    2000

  • HOA Fees

    $200/mo

  • Finished Area

    4,485 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12756527

  • MLS Status

    Active

  • Days on Market

    41

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Location

HOA Management

N/A

HOA Fees

$200/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Lawn Care Lawn Care

Insurance Insurance

Snow Removal Snow Removal

Exterior Maintenance Exterior Maintenance

Other Other

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 4

Interior

  • Heating

    Gas

  • Sewer

    Public Sewer

  • Cooling

    Central Air

  • Flooring

    Hardwood, Carpet

  • Window Features

    Window Treatments, Drapes

  • 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

Construction

  • Year Built

    Year Built: 2000

  • Home type

    Townhouse

  • Construction Materials

    Brick

Utilities & Energy

  • Basement

    Finished, Exterior Entry, Other, Egress Window, 9 Ft + Pour, Rec/family Area, Storage Space, Daylight, Full, Walk Out Access

  • Fireplace Features

    Gas Log, Gas Starter

  • Laundry Features

    Main Level

  • Parking Features

    Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage

  • Water Source

    Public

Other Features

  • Lot Features

    Corner Lot, Irregular Lot, Landscaped, Wooded, Mature Trees

  • Patio And Porch Features

    Deck, Patio

  • Subdivision Name

    Peregrine Lake Estates

Price History

DateEventPrice

10/13/2026

Source: mls_logoMRED MLS-IL #MRD12756527

Listed for Sale

$675,000 -3.57%

$151/sqft

10/07/2026

Source: mls_logoMRED MLS-IL #MRD12756527

Contingent (Active Under Contract)

$699,999

$156/sqft

10/05/2026

Source: mls_logoMRED MLS-IL #MRD12756527

Listed for Sale

$699,999

$156/sqft

09/17/2026

Source: mls_logoMRED MLS-IL #MRD12756527

Price Decreased

$699,999 -6.67%

$156/sqft

09/10/2026

Source: mls_logoMRED MLS-IL #MRD12719605

Listing Removed

$749,999 +4.89%

$167/sqft

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 22, 2026, 03:47PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 22, 2026, 03:47PM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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