$205,000

1460 Fairlane Drive #311, Schaumburg, IL 60193

Active Under Contract
2 beds 1.5 baths 1,100 sqft (landlord/tenant/seller) Built 1978 Residential MLS #MRD12725230 18 days on market
Listing courtesy of HomeSmart Connect LLC · 847-495-5000 · MLS #MRD12725230 · Status: Active Under Contract
Welcome home to this inviting 2-bedroom, 1.5-bath condominium, ideally situated with a southwest exposure that fills the living space with warm natural light throughout the day. The interior has been freshly painted and features attractive, low-maintenance laminate flooring throughout. The bright kitchen offers a window for added sunlight, abundant cabinetry, a pantry for extra storage, and updated flooring. The remodeled full bathroom includes a stylish pedestal sink and ceramic tile flooring. Additional highlights include central heating and air conditioning, generous closet space, and a private storage unit conveniently located on the same floor. Relax or entertain on the spacious private balcony overlooking the community tennis courts. The monthly association dues covers heat, gas, and water, providing added value. Residents also enjoy access to excellent amenities, including an outdoor swimming pool and tennis courts. Conveniently located near shopping, dining, parks, public transportation, and major expressways, this move-in-ready home combines comfort, convenience, and an outstanding location.

Property details

Interior

Basement
None
Additional rooms
No additional rooms
Total rooms
5

Building & exterior

Age
41-50 Years
Stories
5
Entry level
3
Exterior
Brick

Parking

Total spaces
2
Parking details
Yes

Lot & location

Lot dimensions
COMMON
Township
Schaumburg
County
Cook

Utilities

Heating
Natural Gas
Cooling
Central Air
Water
Lake Michigan
Sewer
Public Sewer

HOA & community

Assessment
$436 / monthly
Assessment includes
Heat, Water, Gas, Parking, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

Elementary
(54)
Junior high
(54)
High school
(211)

Taxes & terms

Annual taxes
$3,035 (2024)
Parcel number (PIN)
07321000181066
PIN
07321000181066
Ownership
Condo
Possession
Closing
Special conditions
None
Listed
8/4/2026

Rooms

RoomSizeLevelFlooring
Bedroom 210X11MainLaminate
Bedroom 3N/A
Bedroom 4N/A
Dining Room7X10MainLaminate
Family RoomN/A
Kitchen7X9MainLaminate
LaundryN/A
Living Room11X20MainLaminate
Master Bedroom12X15MainLaminate

What would this home cost per month?

Using this listing's actual tax bill (2024) and actual HOA assessment — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

Similar homes nearby

$185,000
1 bd · 1 ba · 750 sqft
1460 Fairlane Drive #307, Schaumburg, IL 60193
$245,000
2 bd · 1.5 ba · 960 sqft
1460 Fairlane Drive #312, Schaumburg, IL 60193
$224,900
2 bd · 1 ba · 1,000 sqft
1460 Fairlane Drive #303, Schaumburg, IL 60193
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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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