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  • $656,000

    1281 S Falcon Dr, Palatine, IL 60067

    3beds
    2,408sqft
    Townhouse, Single Family Residence
    Built in 2000
    -- sqft lot
    $658,100 Zestimate®
    $272/sqft
    $3,596 Estimated rent

    Home value

    $658,100

    $625,000 - $691,000

    $3,596/mo

    Zestimate® history
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    What's special

    Luxury finishesProfessionally installed landscape lightingModern technologyTwo private bedroom suitesAbundant natural lightIrrigation systemProfessionally landscaped backyard
    Rarely available upscale end-unit townhome offering the perfect blend of sophisticated updates, exceptional living space, and remarkably low HOA fees. Featuring two private bedroom suites, 3.1 bathrooms, and partially finished lower level with a brand-new full bathroom completed in 2026, this meticulously maintained residence lives like a single-family home while providing the ease of townhome living. A bright and welcoming foyer opens to a thoughtfully designed floor plan ideal for both everyday living and entertaining. The cozy living room provides a warm gathering space, while the dramatic two-story family room is filled with natural light and overlooks the professionally landscaped backyard. Seamlessly connected to the kitchen, dining area, and updated loft above, the home's open layout creates an airy and inviting atmosphere throughout. The beautifully updated kitchen overlooks the remarkable yard and features custom painted cabinetry, quartz countertops, glass mosaic backsplash, Kohler sink and faucet, and Samsung stainless steel appliances including a side-by-side refrigerator, dual oven combination microwave/convection and electric oven, dishwasher, and gas cooktop. Adjacent to the kitchen, the dining area offers a wonderful space for formal and informal gatherings while maintaining a seamless connection to the home's primary living areas. Upstairs, both bedrooms are true ensuite suites. The stunning primary retreat features cathedral ceilings, custom Closets By Design walk-in closet system and a spa-inspired bathroom completely redesigned in 2024 with custom cabinetry, quartz countertops, designer tile, a curbless walk-in shower with frameless glass enclosure, and a deep soaking tub. The second suite offers its own fully remodeled private bath with equally impressive finishes. The lower level provides outstanding flexibility with a newly remodeled full bathroom, abundant natural light, extensive storage, and unfinished space ready for a future bedroom (owner using as workroom currently), home office, fitness room, or guest suite. Extensive improvements throughout the home include a renovated kitchen, furnace and air conditioning (2018), Marvin windows (2020), Trex deck (2020), roof and gutters (2021), water heater (2026), epoxy-coated garage floor, updated interior doors, trim, millwork, Hunter Douglas shades, smart-home technology, whole-house Wi-Fi and camera system, and Kasa smart switches. Outdoor living is equally impressive with a spacious newer Trex deck overlooking mature privacy landscaping enhancements completed between 2018 and 2025 which includes Black Hills spruce trees, flowering pear trees, hydrangeas, rhododendrons, ornamental grasses, perennial gardens, and professionally installed landscape lighting. Additional features include an irrigation system and a premium Blaze direct-connect gas grill, creating the perfect setting for outdoor entertaining. Offering luxury finishes, modern technology, abundant natural light, and the privacy only an end-unit location can provide, this move-in-ready home presents a rare opportunity for upscale, low-maintenance living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey Kaplan 415-215-0077,

    @properties Christie's International Real Estate,

    Amy Philpott, ABR,PSA,RENE 847-400-6645,

    @properties Christie's International Real Estate

    Bought with:

    Grace Yu

    RE/MAX Top Performers

    Source: MRED as distributed by MLS GRID,MLS#: 12677863MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Eating Area, Recreation Room, Loft, Deck, Foyer, Storage, Walk In Closet, Utility Room-Lower Level
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full, Curbless/Roll in Shower, Double Sink, Tub & Separate Shwr)
    • Level: Second
    • Area: 255 Square Feet
    • Dimensions: 17X15
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 221 Square Feet
    • Dimensions: 17X13
    Bedroom 3
    • Level: Basement
    • Area: 252 Square Feet
    • Dimensions: 21X12
    Deck
    • Features: Flooring (Simulated Wood)
    • Level: Main
    • Area: 275 Square Feet
    • Dimensions: 11X25
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13X12
    Eating area
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 12 Square Feet
    • Dimensions: 3X4
    Family room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 361 Square Feet
    • Dimensions: 19X19
    Foyer
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 6X5
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Updated Kitchen), Flooring (Hardwood)
    • Level: Main
    • Area: 247 Square Feet
    • Dimensions: 19X13
    Laundry
    • Level: Second
    • Area: 12 Square Feet
    • Dimensions: 3X4
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14X13
    Loft
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 99 Square Feet
    • Dimensions: 11X9
    Recreation room
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 589 Square Feet
    • Dimensions: 31X19
    Storage
    • Level: Basement
    • Area: 78 Square Feet
    • Dimensions: 6X13
    Other
    • Level: Lower
    • Area: 72 Square Feet
    • Dimensions: 8X9
    Walk in closet
    • Features: Flooring (Ceramic Tile)
    • Level: Second
    • Area: 56 Square Feet
    • Dimensions: 7X8
    Walk in closet
    • Features: Flooring (Ceramic Tile)
    • Level: Second
    • Area: 40 Square Feet
    • Dimensions: 4X10
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop, Oven, Humidifier
    • Laundry: Upper Level, Gas Dryer Hookup, In Unit
    Features
    • Vaulted Ceiling(s), Cathedral Ceiling(s), Storage, Walk-In Closet(s), Open Floorplan, Quartz Counters
    • Flooring: Hardwood, Carpet, Wood
    • Doors: Sliding Glass Door(s)
    • Windows: Screens, Window Treatments, Drapes, Shades
    • Basement: Partially Finished,Unfinished,9 ft + pour,Storage Space,Full,Daylight
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Gas Starter, Family Room
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 3,630
    • Total interior livable area: 2,408 sqft
    • Finished area below ground: 623

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Deck, Patio
    Lot
    • Dimensions: 18X131X88X34X93X40
    • Features: Irregular Lot, Landscaped
    Details
    • Parcel number: 02284050380000
    • Special conditions: None
    • Other equipment: Ceiling Fan(s), Sump Pump, Sprinkler-Lawn

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Aluminum Siding, Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2000
    • Major remodel year: 2019
    Details
    • Builder model: Luxury

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer, Storm Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s)
    • Subdivision: Peregrine Lake Estates
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $200 monthly
    Location
    • Region: Palatine

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $470,000
    • Annual tax amount: $13,623
    • Date on market: 6/29/2026
    • Listing terms: Cash
    • Ownership: Fee Simple w/ HO Assn.

    Price history

    DateEventPrice
    7/20/2026Sold$656,000+1.1%$272/sqft
    Source: MRED as distributed by MLS GRID #12677863 Report a problem
    7/16/2026Pending sale$649,000$270/sqft
    Source: MRED as distributed by MLS GRID #12677863 Report a problem
    7/1/2026Contingent$649,000$270/sqft
    Source: MRED as distributed by MLS GRID #12677863 Report a problem
    6/29/2026Listed for sale$649,000+73.5%$270/sqft
    Source: MRED as distributed by MLS GRID #12677863 Report a problem
    2/23/2018Sold$374,000-11.2%$155/sqft
    Source: MRED as distributed by MLS GRID #09714739 Report a problem
    1/11/2018Pending sale$421,000$175/sqft
    Source: Berkshire Hathaway HomeServices Starck Real Estate #09714739 Report a problem
    9/14/2017Price change$421,000-4.7%$175/sqft
    Source: Berkshire Hathaway HomeServices Starck Real Estate #09714739 Report a problem
    8/8/2017Price change$441,900+4%$184/sqft
    Source: Berkshire Hathaway HomeServices Starck Real Estate #09714739 Report a problem
    6/14/2017Pending sale$425,000$176/sqft
    Source: Berkshire Hathaway HomeServices Starck Real Estate #09659279 Report a problem
    6/14/2017Listed for sale$425,000-1.7%$176/sqft
    Source: Berkshire Hathaway HomeServices Starck Real Estate #09659279 Report a problem
    11/19/2014Sold$432,500-3.9%$180/sqft
    Source: Public Record Report a problem
    9/19/2014Pending sale$449,900$187/sqft
    Source: RE/MAX Unlimited Northwest #08723200 Report a problem
    9/10/2014Price change$449,900-5.3%$187/sqft
    Source: RE/MAX Unlimited Northwest #08723200 Report a problem
    5/21/2014Listed for sale$474,900-16.7%$197/sqft
    Source: RE/MAX Unlimited Northwest #08620326 Report a problem
    6/8/2007Sold$570,000+60.6%$237/sqft
    Source: Public Record Report a problem
    2/15/2000Sold$355,000$147/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$13,623 +5.3%$47,000 0%
    2023$12,933 +3.6%$47,002
    2022$12,482 +3.1%$47,002 +15.8%
    2021$12,102 +0.9%$40,594
    2020$11,994 +0.6%$40,594 -9.8%
    2019$11,923 -16.3%$45,005 -1.8%
    2018$14,240 +1.9%$45,821
    2017$13,970 +7.5%$45,821
    2016$12,992 +1.6%$45,821 +10.1%
    2015$12,790 +1.2%$41,627
    2014$12,634 +15.1%$41,627
    2013$10,978 +6.4%$41,627 +8.2%
    2012$10,314 +14.6%$38,471
    2011$8,998 -7.5%$38,471
    2010$9,732 +13.8%$38,471 -4.1%
    2009$8,555 -16.9%$40,102 -29.6%
    2008$10,298 -22.4%$57,000 -12.6%
    2007$13,277 +44%$65,222 +28.5%
    2006$9,220 -1.7%$50,771
    2005$9,380 +5%$50,771
    2004$8,933 +38.4%$50,771 +63.8%
    2003$6,453 +3.3%$30,999
    2002$6,247 +15.7%$30,999
    2001$5,399 $30,999 +21.6%
    2000-- $25,496
    Find assessor info on the county website

    Neighborhood: 60067

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hunting Ridge Elementary School
    • Middle: Plum Grove Middle School
    • High: Wm Fremd High School
    • District: 15

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $658,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $658,100