Elk Grove Village · Cook County · IL
Homes for sale in
Centex.
- Active listings
- 3
- Median list
- $430K
- Avg time on market
- 15 days
- Sold · last year
- 40
Active listings
3 homes on the market
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About the community
The postwar neighborhood where Elk Grove Village began.
Centex is the original residential core of Elk Grove Village, the large tract of single-family homes the Centex Corporation began building in the mid-1950s. Centex was the area's first major developer, and its master plan led directly to the village's incorporation in 1956, splitting the community into residential neighborhoods on the west and a business and industrial park to the east near the airport. In the MLS the Centex name covers the single-family streets generally west of Tonne Road and north of Elk Grove Boulevard. The character is classic mid-century suburban: gridded and curving streets, mature trees, human-scaled lots, and homes updated across six-plus decades of ownership.
At a glance
Original Centex homes
Postwar single-family ranches, split-levels, and two-stories built mainly from the mid-1950s into the 1960s, many since updated or expanded.
District 59 + District 214
Elementary and junior high in Community Consolidated District 59, with Elk Grove High School (District 214) for the east side of the village.
Minutes from O'Hare
One of the closest residential areas to O'Hare, an asset for travel and jobs and a noise tradeoff that varies block by block.
Three expressways
Quick access to I-90 to the north, I-290 and Route 53 on the west, and Route 390 (the Elgin O'Hare) to the south.
Busse Woods at the edge
The Ned Brown (Busse Woods) Forest Preserve offers a large lake and about 11 miles of paved trails a short drive away.
Elk Grove Park District
Rainbow Falls Waterpark, the Pirates' Cove children's park, and a network of neighborhood parks and playgrounds.
Hospital in the village
Ascension Alexian Brothers Medical Center is on Biesterfield Road, with more hospitals in Arlington Heights and Hoffman Estates.
What’s close
Centex sits in the northwest suburbs, buffered from the industrial park to the east and wrapped in Park District parks and Busse Woods open space.
- Schools
- District 59 for K-8 and, for the east side of the village, Elk Grove High School in District 214. Homes west of Route 53 feed Conant High in District 211, so confirm by address.
- Airport
- O'Hare is immediately east, excellent for commuting and travel, with flight-path noise that varies by block and runway use.
- Highway
- I-90 to the north, I-290 and Route 53 on the west, and Route 390 (the Elgin O'Hare) along the south.
- Shopping
- The Woodfield Mall retail corridor in neighboring Schaumburg, plus everyday retail along Elk Grove's arterials.
- Open space
- The Ned Brown (Busse Woods) Preserve with its lake, trails, boating, and resident elk herd, plus Park District parks throughout.
- Hospital
- Ascension Alexian Brothers Medical Center on Biesterfield Road in Elk Grove Village.
What it’s actually like to live here
Centex is where Elk Grove Village started, and it still feels like it: a settled, unpretentious, family-oriented grid of mid-century houses on tree-lined streets, walkable to neighborhood parks and minutes from the Busse Woods trails. The Park District carries a lot of daily life here, from Rainbow Falls in summer to Pirates' Cove for little kids to the year-round community center, and the village's early, deliberate planning shows in how the residential blocks are buffered from the industrial park to the east.
For buyers, the pitch is location plus value: established schools, real infrastructure, and quick access to O'Hare and three expressways, in housing stock that tends to be attainable for the northwest suburbs relative to newer or larger-lot communities. Updated homes can offer strong value, and the neighborhood rewards buyers who want convenience and community over new construction.
The honest tradeoffs are worth stating plainly. This is one of the closest residential areas to O'Hare, so parts of the neighborhood sit near flight paths and aircraft noise is a real, block-by-block factor worth checking in person. The housing is aging, with original homes now sixty-plus years old, so inspection and a realistic renovation budget matter. Cook County property taxes are high in both rate and dollars, which affects monthly carrying cost.
The questions buyers actually ask
Centex FAQ
The questions I get most from buyers shopping Centex. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Most original Centex blocks are conventional single-family homes with no mandatory HOA and no dues, just fee-simple ownership with village services and Elk Grove Park District recreation. A small number of later townhome or condo pockets elsewhere in the village do carry assessments, so confirm HOA status on the specific property.
- What are property taxes like?
- Roughly $8,000 – $11,000 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Centex built?
- Centex built the community between 1956 and 1969. Centex stopped new construction in 1969, so every sale today is a resale.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- What kinds of homes are in the Centex neighborhood?
- Mostly postwar single-family homes built by the Centex Corporation starting in the mid-1950s: ranches, split-levels, and Colonial two-stories. Many have been updated or expanded over the decades, so you will see everything from largely original homes to full renovations. Confirm the exact size, layout, and updates on each individual listing.
- Is there an HOA, and what does it cost?
- Most original Centex blocks are standard single-family homes with no mandatory HOA and no dues. You own fee-simple, with village services and Park District recreation. A few later townhome or condo pockets elsewhere in the village do have associations, so confirm HOA status on the specific property.
- What schools would my kids attend?
- Elementary and junior high are in Community Consolidated School District 59, and high school for the east side of the village is Elk Grove High School in District 214. Assignment is by address, and there is an important split: homes west of Route 53 feed Conant High in District 211 instead. Always confirm the exact schools by address.
- How bad is the airport noise?
- The neighborhood is close to O'Hare, and aircraft noise is a real, location-dependent factor that varies by block and by which runways are in use. If noise matters to you, visit the specific home at different times of day before deciding.
- How are the property taxes?
- This is Cook County, so effective rates are high, generally in the low-2-percent range of market value, and the dollar bill depends on the home's assessment and exemptions. Verify the exact figure for a parcel with the Cook County Treasurer and Assessor.
- What do homes cost here and how is the market right now?
- Prices and conditions change constantly, and original Centex homes vary widely by size, condition, and updates. Rather than quote a number that goes stale, check the live Market snapshot on this page for current pricing and activity.
- Who is the real estate agent for Centex?
- Joe Keegan is the local licensed Illinois real estate broker who covers Centex in Elk Grove Village, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Centex specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Centex
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Elk Grove Village specialist
- Honest local market take
- Brokerocity
Market snapshot
Centex, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$430,000
Typical sale price · last 90 days
$410,000
Homes for sale right now
3
Avg time on market
15 days
Sold in the last year
40
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 10, 2025 through August 10, 2026. 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.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
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Schools serving Centex
Where Centex homes go to school
Homes in Centex are most often zoned to Elk Grove HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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