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For sale by owner
  • $784,999

    1298 S Falcon Dr, Palatine, IL 60067

    3beds
    4,485sqft
    : 
    $6,055/mo
    Get pre-qualified
    Townhouse
    Built in 2000
    0.35 Acres Lot
    $-- Zestimate®
    $175/sqft
    $200/mo HOA

    What's special

    Gas fireplaceSecond fireplaceBacks to the lakeFloor to ceiling windowsBedroom carpetWide-open end unitKitchen island
    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 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. The grand loft overlooking the great room and its floor to ceiling windows provides flexible space for a home office, hobby area, or additional 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. UPDATES: 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)
    What the owner loves about this home
    Walk through every inch of our home online with the amazing Online Showing by clicking "View 3D Tour" on the image. To buy this home for less, contact me directly by calling the number next to "Property Owner" below.
    16 days
    |
    859
    |
    22
    |
    Listed by:

    Property Owner (847) 721-6469

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Forced air, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Carpet, Hardwood
      • Basement: Finished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 4,485 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      Features
      • Exterior features: Stone, Vinyl, Brick
      Lot
      • Size: 0.35 Acres
      Details
      • Parcel number: 0228404038

      Construction

      Type & style
      • Home type: Townhouse
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2000

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $200 monthly
      Location
      • Region: Palatine

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $490,000
      • Annual tax amount: $13,425
      • Date on market: 7/10/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,814/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$784,999+38.9%$175/sqft
        Source: Owner Report a problem
        11/9/2021Sold$565,000$126/sqft
        Source: MRED as distributed by MLS GRID #11211191 Report a problem
        10/5/2021Contingent$565,000$126/sqft
        Source: MRED as distributed by MLS GRID #11211191 Report a problem
        10/1/2021Listed for sale$565,000-6.6%$126/sqft
        Source: MRED as distributed by MLS GRID #11211191 Report a problem
        11/19/2014Listing removed$605,000$135/sqft
        Source: RE/MAX Unlimited Northwest #08705226 Report a problem
        9/17/2014Price change$605,000-3.2%$135/sqft
        Source: RE/MAX Unlimited Northwest #08705226 Report a problem
        8/20/2014Listed for sale$625,000+12.6%$139/sqft
        Source: RE/MAX Unlimited Northwest #08705226 Report a problem
        6/8/2000Sold$555,000$124/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$13,425 +5.4%$49,000 0%
        2023$12,740 -9.2%$49,001
        2022$14,034 +36.2%$49,001 +10.2%
        2021$10,306 +9%$44,466
        2020$9,457 +0.9%$44,466 -9.8%
        2019$9,372 -7.9%$49,298 -3.4%
        2018$10,173 +3.7%$51,020
        2017$9,806 -4.3%$51,020
        2016$10,245 -12.2%$51,020 +19.9%
        2015$11,662 +3.4%$42,556
        2014$11,280 +5.4%$42,556
        2013$10,698 +6.6%$42,556 +2%
        2012$10,036 -1.4%$41,710
        2011$10,174 +8.6%$41,710
        2010$9,368 -0.5%$41,710 -10.9%
        2009$9,417 -28.4%$46,812 -35%
        2008$13,151 -10.3%$72,040 -13.8%
        2007$14,658 +37.3%$83,611 +48.9%
        2006$10,679 -1.2%$56,140
        2005$10,813 +4.7%$56,140
        2004$10,328 +50.9%$56,140 +71.3%
        2003$6,843 +3.3%$32,766
        2002$6,626 +1.2%$32,766
        2001$6,549 $32,766 +13.4%
        2000-- $28,889
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60067

        Getting around

        36 / 100
        Car-Dependent
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: HUNTING RIDGE ELEMENTARY SCHOOL
        • Middle: PLUM GROVE JUNIOR HIGH SCHOOL
        • High: WM FREMD HIGH SCHOOL
        • District: 211

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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