Schaumburg, IL Real Estate News

By Marco Amidei
(RE/MAX Suburban )
Schaumburg Market Trends for March 2015Schaumburg home sales for the month of March rose in volume by 24.3% when compared to last year, while the median sale price rose by 13.9% from $159,750 to $182,000. The number of Single Family homes sales rose by 71.4%, while the median sale price rose by 8.5% from $275,000 to $298,500. Condo/townhome sales rose by 4.1%, while the median sale price rose by 17.3% from $119,400 to $140,000.» View homes for sale in Schaumburg   » View all recent sales in Schaumburg_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other tha...
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By Marco Amidei
(RE/MAX Suburban )
Spring Cove, Schaumburg, Illinois - April 2015 About Spring Cove Spring Cove is a single family neighborhood built in the mid 1970's. Spring Cove is located in Schaumburg, Illinois on Wise Road and Spring Cove Drive. Average taxes in Spring Cove $9,221 Average association fees in Spring Cove $750 ($750 - $750) Average home size in Spring Cove 2,427 ft2 Average lot size in Spring Cove 0.00 acres Average year built in Spring Cove 1980 Homes for sale in Spring Cove Address Beds Baths Built Price 822 Beacon Dr. 4 2.1 1977 $369,000 1131 Aegean Dr. 4 3.1 1985 $400,000 587 Coveside Ln. 4 2.1 1977 $399,990 Sales Summary for Spring Cove  (Apr 20, 2014 - Apr 21, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 93 $376,117 $357,833 95.1% HomesByMarco has sold 24 homes in...
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By Marco Amidei
(RE/MAX Suburban )
Wyndham Cove, Schaumburg, Illinois - April 2015 About Wyndham Cove Wyndham Cove is a townhouse community built in 1995. Wyndham Cove is located east of Meacham on Schaumburg Road in Schaumburg, Illinois. Floor plans in Wyndham Cove feature 2 story townhomes with 2-3 bedrooms, 2.1 baths and 2 car attached garages. Average taxes in Wyndham Cove $6,584 Average association fees in Wyndham Cove $253 ($247 - $259) Average home size in Wyndham Cove 1,286 ft2 Average lot size in Wyndham Cove 0.00 acres Average year built in Wyndham Cove 1997 Homes for sale in Wyndham Cove Address Beds Baths Built Price 62 Egg Harbour Ct. 3 2.1 1998 $324,900 42 Egg Harbour Ct. 2 2.1 1996 $239,000 Sales Summary for Wyndham Cove  (Apr 20, 2014 - Apr 21, 2015) # of Sales Average Days on Market Average List Average...
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By Marco Amidei
(RE/MAX Suburban )
Heritage, Schaumburg, Illinois - April 2015 About Heritage Heritage is a single family home subdivision built in the early 1990's. Heritage is located in Schaumburg, Illinois south of Schaumburg Road and east of Roselle Road. Average taxes in Heritage $7,731 Average association fees in Heritage $0 Average home size in Heritage 2,219 ft2 Average lot size in Heritage 0.00 acres Average year built in Heritage 1979 Homes for sale in Heritage Address Beds Baths Built Price 233 Stock Port Ln. 4 2.1 1979 $432,900 Sales Summary for Heritage  (Apr 20, 2014 - Apr 21, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 78 $394,517 $375,233 95.1% HomesByMarco has sold 24 homes in Schaumburg Thinking of selling your home in Schaumburg? We are experts in the area. We'll sell y...
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Enders-Salk Elementary School, Schaumburg, IL - April 2015 About Enders-Salk Elementary School Enders-Salk Elementary School is a K,1-6 school in District 54, and is located at 345 N Salem Dr in Schaumburg, IL. It services homes in Elk Grove Village, Hoffman Estates, and Schaumburg. Single-FamilyHomes10 Condos &Townhomes11 Foreclosuresfor Sale0 NewConstruction7 AdultCommunities0 Homes for sale in the Enders-Salk Elementary School area Address Beds Baths Built Price 516 Bristol Ln., Schaumburg, IL 3 2.1 1975 $324,900 49 Pleasant Dr., Schaumburg, IL 4 3.1 2015 $979,000 682 Claridge Cir., Hoffman Estates, IL 3 2.1 0 $250,000 1783 Vermont Dr. #A, Elk Grove Village, IL 2 1.0 1985 $159,900 62 Egg Harbour Ct., Schaumburg, IL 3 2.1 1998 $324,900 515 Argyll Ln., Schaumburg, IL 3 2.1 1972 $299,2...
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By Marco Amidei
(RE/MAX Suburban )
Pleasant Square, Schaumburg, Illinois - April 2015 About Pleasant Square Pleasant Square is a townhouse and single family neighborhood built starting in 2013. The single family homes were designed by Village Square Development. The townhouses were built by M/I Homes. Pleasant Square is located in Schaumburg, Illinois north of Schaumburg Road just west of Roselle Road. Average taxes in Pleasant Square $0 Average association fees in Pleasant Square $209 ($0 - $209) Average home size in Pleasant Square 2,859 ft2 Average lot size in Pleasant Square 0.00 acres Average year built in Pleasant Square 2015 Homes for sale in Pleasant Square Address Beds Baths Built Price 49 Pleasant Dr. 4 3.1 2015 $979,000 57 Margaret Lot #2702 Dr. 2 2.1 2015 $329,990 32 Dana Catherine Lot # St. 3 2.1 2015 $366,...
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By Marco Amidei
(RE/MAX Suburban )
Schaumburg High School, Schaumburg, IL - April 2015 About Schaumburg High School Schaumburg High School is a 9-12 school in District 211, and is located at 1100 W Schaumburg Rd in Schaumburg, IL. It services homes in Hanover Park, Hoffman Estates, and Schaumburg. Single-FamilyHomes94 Condos &Townhomes34 Foreclosuresfor Sale4 NewConstruction11 AdultCommunities0 Homes for sale in the Schaumburg High School area Address Beds Baths Built Price 1427 Millbrook Ct., Schaumburg, IL 2 1.0 1978 $99,750 516 Bristol Ln., Schaumburg, IL 3 2.1 1975 $324,900 49 Pleasant Dr., Schaumburg, IL 4 3.1 2015 $979,000 1052 Belmont Ct., Schaumburg, IL 2 1.0 1977 $169,900 1914 Wayland Ln., Schaumburg, IL 5 4.0 2007 $650,000 1102 Mercury Dr. #2D, Schaumburg, IL 1 1.0 1977 $69,500 332 Desmond Dr., Schaumburg, IL ...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
The Cook County Animal and Rabies Control clinics allow affordable rabies vaccinations to bring all citizens into compliance with the law while providing an essential public health protection against a deadly disease that has caused public health concerns.  Rabies vaccines will cost $7 for a one year and $21 for a three year.  Ferrets may only be vaccinated for one year and the cost of the vaccine is $9.  Pet owners can have their pets microchipped for $10; however, this does not include the national registration fee. Cook County’s low cost clinic services will be offered starting in May and running through October 30. The mobile clinics will operate at various locations throughout Cook County. Clinic hours are 10:00 am until 2:45 pm.There are only a few scheduled in what I would call t...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
Let's get to those Northwest Suburban real estate questions!  What's been happening in our current real estate market? What's trending? The housing inventory is now the highest it has been since the recession started. In our area 3 times more listings come on the market than closings. Competition continues to be a factor in our Midwest market as we have not recovered as quickly as other larger markets. Our Northwest Suburban market is still considered a 'balanced market' but competition will become more relevant over the next few months. Inventory has increased 15% in March alone. And those Prices?  Prices have increased slightly over March and increased from 2014. The indicators are showing that the prices will continue to increase but only marginally. Our market is considered balanced...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Schaumburg,  IL The data lists available homes by price range with average time on market in each range. Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $50,000 - $99,999 4 72 $100,000 - $149,999 44 78 $150,000 - $199,999 40 137 $200,000 - $249,999 26 115 $250,000 - $299,999 34 129 $300,000 - $349,999 28 96 $350,000 - $399,999 22 80 $400,000 - $449,999 7 99 $450,000 - $499,999 1 75 $500,000 - $549,999 3 215 $550,0...
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By Steve DeRienzo, "Stevie D." Your Trusted ReMax Professional"
It’s Almost Spring Cleaning Time! Kick Clutter To The Curb With These Home Cleaning Tips Spring is around the corner, and it’s time to get your South Barrington, Barrington, Schaumburg, Streamwood, Hoffman Estates, Roselle, Bartlett and Chicago NorthWest Suburbs home in order! Spring cleaning can be fun and easy if you follow some general guidelines, which are sure to get your home ready for the nice weather and looking as beautiful as the weather is about to. Kick the winter clutter to the curb with these spring cleaning tips. Start With The Closets Spring is here, and winter wear is no longer needed! It’s time to box up all of the winter boots, jackets, gloves, and scarfs until next season. Starting your spring clean with your closets is a good tip, and will get you prepared for the r...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
This is the place to get those Northwest Suburban real estate questions answered! What does 2015 have in store for our real estate market? What's trending? The housing inventory is now the highest it has been since the recession started. In our area 3 times more listings come on the market than closings. Competition continues to be a factor in our Midwest market as we have not recovered as quickly as other larger markets. Our Northwest Suburban market is still what's considered a 'balanced market' but competition will become more relevant over the next few months.  And those Prices?  Prices have virtually stayed flat for February but increased slightly overall from 2014. The indicators are showing that the prices will continue to increase but only marginally. Our market is considered ba...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
Did you know that your real estate agent might not be able to do their job? That's right. One of the most important tools that an agent can use is their lockbox entry card & many agents in our Northwest Suburban area feel the need to 'scrimp' on job related necessities. Effectively they are not being able to get into your home to show it. Surpised? Don't be. I am going to say that a good quarter of the area's agents cannot show your home readily & easily. To me this is just ridiculous behavior. It's like being a cab driver & saying that you don't have a car. It's Superman without the tights. It's just not efficient or effective business practice for a Realtor®.  How do you know if your agent is financially able to stay in the business?  Ask them if they have a lockbox card right up fron...
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By Steve DeRienzo, "Stevie D." Your Trusted ReMax Professional"
  Buying A Home That’s Not For Sale     You’re ready to purchase a South Barrington, Barrington, Schaumburg, Streamwood, Roselle, and Chicago NorthWest Suburbs Home, but you’ve looked at everything on the market and can’t find the perfect place. You’ve researched the school districts, neighborhoods and nearby amenities, and you know exactly in which area you want to live. However, anything that comes on the market in that part of town gets snapped up immediately.   It’s time to get creative when it comes to buying a home. Start looking at places that are not currently for sale. You might have driven past your dream home, but you never thought of going the unconventional buying route. Well, take a look at the tips below to see how you can close on a home without any other buyers knowing....
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Schaumburg,  IL The data lists available homes by price range with average time on market in each range. Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $50,000 - $99,999 7 134 $100,000 - $149,999 44 88 $150,000 - $199,999 35 166 $200,000 - $249,999 33 122 $250,000 - $299,999 37 172 $300,000 - $349,999 22 139 $350,000 - $399,999 15 115 $400,000 - $449,999 11 102 $450,000 - $499,999 1 352 $500,000 - $549,999 4 153 ...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
This is the place to get those Northwest Suburban real estate questions answered!What does 2015 have in store for our real estate market? First off, the housing inventory is now the highest it has been since the recession started. More people are now trying to sell their homes so that will benefit sellers where the market is booming but a detriment to those where the market has not yet quite recovered. Competition is a major market factor with prices increasing in other large national markets & a detractor for a Midwest market like ours. We have just not recovered as quickly as other national markets.   Our Northwest Suburban inventory level has increased slowly every month since October without fail. We are still in a 'balanced market' but competition will become more relevant over the...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
SmartMove Program in Illinois IHDA’s mortgage program, SmartMove, offers first-time homebuyers an affordable 30-year fixed-rate mortgage and up to $6,000 for down payment. SmartMove is the perfect solution for borrowers who have limited funds for down payment, yet have the financial means to maintain monthly mortgage payments. (See video below). SmartMove includes: • Up to $6,000 cash assistance to cover down payment • 30-year fixed-rate mortgage with a competitive interest rate • Variety of loan options to choose from, including FHA, Conventional, VA, and USDA Eligibility: • Buyers must be first-time homebuyers or qualified Veterans Requirements: • Contribute one percent or $1,000 of the purchase price, whichever is greater • Purchase a one- or two- unit property within Illinois • Live...
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By Steve DeRienzo, "Stevie D." Your Trusted ReMax Professional"
  Fannie Mae And Freddie Mac, How They Impact Real Estate Fannie Mae and Freddie Mac have been in the news quite a bit over the past few years, so it’s a good time to do a refresher on who they are and what role they play in the South Barrington, Barrington, Schaumburg, Streamwood, Roselle, and Chicago NorthWest Suburbs Home Real Estate market. Who Are Fannie Mae And Freddie Mac? Fannie Mae is the Federal National Mortgage Association. Freddie Mac is the Federal Home Loan Mortgage Corporation. They were originally created to raise homeownership levels and increase the availability of affordable housing. Fannie and Freddie don’t sell mortgages directly to homeowners. They buy mortgages from lenders, so the lenders can use the money to issue new home mortgages. In 2008, due to mismanageme...
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By Marco Amidei
(RE/MAX Suburban )
Lions Gate, Schaumburg, Illinois - January 2015 About Lions Gate Lions Gate is a single family home and town house community in Schaumburg, Illinois. Average taxes in Lions Gate $6,292 Average association fees in Lions Gate $200 ($200 - $200) Average home size in Lions Gate 1,854 ft2 Average lot size in Lions Gate 0.00 acres Average year built in Lions Gate 2005 Homes for sale in Lions Gate Address Beds Baths Built Price 1386 Scarboro Rd. #102 3 2.0 2005 $320,000 Sales Summary for Lions Gate  (Jan 22, 2014 - Jan 22, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 74 $293,867 $289,687 98.6% HomesByMarco has sold 24 homes in Schaumburg Thinking of selling your home in Schaumburg? We are experts in the area. We'll sell your home quickly and for the highest price...
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Campanelli Elementary School, Schaumburg, IL - January 2015 About Campanelli Elementary School Campanelli Elementary School is a P-6 school in District 54, and is located at 310 S Springinsguth in Schaumburg, IL. It services homes in Schaumburg. Single-FamilyHomes13 Condos &Townhomes2 Foreclosuresfor Sale1 NewConstruction0 AdultCommunities0 Homes for sale in the Campanelli Elementary School area Address Beds Baths Built Price 20 Waban Ct., Schaumburg, IL 3 2.0 1961 $254,750 224 Mendon Ln., Schaumburg, IL 4 2.1 1979 $274,900 517 Cherry Hill Ct., Schaumburg, IL 2 3.1 1998 $297,000 2 Wareham Ln., Schaumburg, IL 3 2.0 1963 $209,000 1 Dennis Ct., Schaumburg, IL 2 1.0 1973 $114,000 1506 Somerset Ln., Schaumburg, IL 3 2.0 1962 $269,000 1129 Schaumburg Rd., Schaumburg, IL 3 2.1 1973 $263,900 1...
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