$1,029,999

124 E Monterey Avenue, Schaumburg, IL 60193

Active
6 beds 4 baths 5,703 sqft (estimated) Built 1962 Residential MLS #MRD12732758 7 days on market
Listing courtesy of Devon Realty, Inc. · 773-725-5555 · MLS #MRD12732758 · Status: Active
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.

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
Interior features
1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Walk-In Closet(s), Open Floorplan, Separate Dining Room, Pantry, Quartz Counters
Flooring
Hardwood
Fireplaces
2
Fireplace details
Wood Burning
Basement
Finished, Full
Laundry
Upper Level, Laundry Closet
Additional rooms
Storage, Bedroom 5, Bedroom 6, Utility Room-Lower Level, Eating Area
Total rooms
11

Building & exterior

Age
61-70 Years
Exterior
Brick
Roof
Asphalt
Foundation
Concrete Perimeter

Parking

Garage spaces
2
Total spaces
2
Parking details
Asphalt, Circular Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
259 X 166 X 216 X 177
Township
Schaumburg
County
Cook

Utilities

Heating
Natural Gas, Forced Air, Zoned
Cooling
Central Air, Zoned
Water
Well
Sewer
Public Sewer
Electricity
200+ Amp Service

HOA & community

Assessment includes
None

Schools

Elementary
Fredrick Nerge Elementary School (54)
Junior high
Margaret Mead Junior High School (54)
High school
J B Conant High School (211)

Taxes & terms

Annual taxes
$16,702 (2024)
Parcel number (PIN)
07342160130000
PIN
07342160130000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/13/2026

Rooms

RoomSizeLevelFlooring
Storage24X26Walkout BasementOther
Bedroom 513X14SecondHardwood
Bedroom 614X14MainHardwood
Utility Room-Lower Level20X24Walkout BasementOther
Eating Area11X11MainHardwood
Bedroom 213X17SecondHardwood
Bedroom 311X16SecondHardwood
Bedroom 415X14SecondHardwood
Dining Room13X14MainHardwood
Family Room32X31BasementPorcelain Tile
Kitchen18X15MainHardwood
Laundry7X7SecondHardwood
Living Room17X32MainHardwood
Master Bedroom15X25SecondHardwood

What would this home cost per month?

Using this listing's actual tax bill (2024) — 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.

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Want to see this home?

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