$1,049,000
Schaumburg, IL 60193
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.
Estimated monthly cost for this home
$7,046/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.58%, 2026-07-23). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2024 property taxes | $16,702/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Fredrick Nerge Elementary School
54
Middle
Margaret Mead Junior High School
54
High school
James B. Conant High School211
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Devon Realty, Inc., listed by James Spyropoulos.
Information last updated Jul 20, 2026, 5:06 AM.
124 Monterey Avenue
Schaumburg, IL 60193

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.