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124 E Monterey Ave , Schaumburg, IL 60193
$995,900
Est. Payment: $5,435.03/mo
6 Bed
4 Bath
5703 Sqft
1.43 Acres
Status: active | Days on site: 7
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House Description

Don't miss this rare opportunity to own a completely gut-rehabbed home approved by the Village of Schaumburg, situated on an ultra-rare 1.4-acre lot in the highly desirable Meadow Knolls neighborhood. Built with solid concrete construction and a full brick exterior, this home offers exceptional durability and energy efficiency. Virtually everything is new, including plumbing, electrical, HVAC, roof, and windows-providing peace of mind for years to come. The thoughtfully designed interior features over 5,000 square feet of living space, highlighted by a chef's kitchen with a large center island that's perfect for cooking, entertaining, and gathering with family and friends. The walkout basement includes a full bathroom and offers excellent potential for an in-law suite, guest quarters, or additional living space. Families will appreciate access to three highly rated schools, while shopping, dining, and entertainment are all conveniently nearby. Bring your landscaping ideas and make this exceptional property your own. A home of this size, quality, and lot size is a rare find-this one must be seen to be fully appreciated.

Highlights

Listed by James Spyropoulos , 312-671-7399 Devon Realty, Inc. , 773-725-5555. Midwest Real Estate Data mls logo

Property Type

Residential

Lot/Acreage
1.43

Year Built

1962

County

Cook

Area

Schaumburg

School District

54

Listing ID

12788857

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
Air Cond:Central Air,Zoned
Fireplaces:Wood Burning
Floor:Hardwood
Below Ground Sq Ft:1100
Basement:Finished,Full
Other:
  • ▪ Additional:1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Walk-In Closet(s), Open Floorplan, Separate Dining Room, Pantry, Quartz Counters
Water:Well

Exterior Features

Lot Dimensions:259 X 166 X 216 X 177
Garage Capacity:2
Roof:Asphalt
Sewer:Public Sewer
Parking Features:Asphalt,Circular Driveway,Garage Door Opener,Yes,Garage Owned,Attached,Garage
Principal Interest
$5,435
Taxes
$1,256

Home Price

$995,900

Loan Details

30 yrs
7.25%

Down Payment

20%
$199,180
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:
$5,435.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,435.03 $1,255.60 $0.00 $6,690.63
Yearly $65,220.42 $15,067.18 $0.00 $80,287.60
Total $1,956,612.55 $452,015.40 $0.00 $2,408,627.95
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Schaumburg, 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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