$490,000

511 Cottonwood Lane, Schaumburg, IL 60193

Active
4 beds 2.5 baths 2,206 sqft (landlord/tenant/seller) Built 1976 Residential MLS #MRD12747896 1 days on market
Listing courtesy of Berkshire Hathaway HomeServices Chicago · 847-492-9660 · MLS #MRD12747896 · Status: Active
Welcome to this lovely 4-bedroom home in the Timbercrest Woods neighborhood of Schaumburg! The upper level features four generously sized bedrooms, including a primary bedroom with walk-in closet and updated private bath (2023), including dual sinks and a separate shower. There is an additional hallway full bath featuring a walk-in bath/shower combo (2023), and ample closet space throughout the rest of the upper level. On the main level, the kitchen features an updated peninsula countertop (2023) overlooking the eat-in area with hardwood floors and recessed lights. New sliding glass doors (2026) bring in plenty of natural light and open directly to the outdoor patio-perfect for dining, entertaining, or relaxing outside. The first floor also offers a spacious living room with a cozy fireplace. Rounding out the first level is a separate dining room, great for entertaining and located near the kitchen. An oversized attached 2-car garage provides plenty of additional storage. There is no garage access from the house. The large unfinished basement offers even more possibilities and is ready for your ideas-create a recreation room, home gym, office, additional storage, or a combination of all four. The exterior siding and roof were replaced in 2020 as well as some windows. Conveniently located in Schaumburg with plenty of space and potential to make this home your own!

Property details

Interior

Appliances
Dishwasher, Refrigerator, Oven, Gas Cooktop
Fireplaces
1
Basement
Unfinished, Full
Laundry
None
Additional rooms
No additional rooms
Total rooms
8

Building & exterior

Age
41-50 Years
Exterior
Aluminum Siding, Brick
Roof
Asphalt
Doors
Sliding Glass Door(s)
Patio & porch
Patio

Parking

Garage spaces
2
Total spaces
2
Parking details
Concrete, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
72 x 123
Township
Schaumburg
County
Cook

Utilities

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

HOA & community

Assessment includes
None

Schools

Elementary
Dirksen Elementary School (54)
Junior high
(54)
High school
(54)

Taxes & terms

Annual taxes
$10,793 (2025)
Parcel number (PIN)
07271090170000
PIN
07271090170000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
9/14/2026

Rooms

RoomSizeLevelFlooring
Bedroom 213X12SecondCarpet
Bedroom 312X14SecondCarpet
Bedroom 413X12SecondCarpet
Dining Room13X12MainHardwood
Family Room13X13MainHardwood
Kitchen12X10MainLuxury Vinyl
LaundryN/A
Living Room13X27MainCarpet
Master Bedroom17X15SecondCarpet

What would this home cost per month?

Using this listing's actual tax bill (2025) — 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.

Location

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Recently sold nearby

AddressBeds / BathsSoldPrice
315 Cottonwood Court 3 bd / 2 ba Dec 2025 $426,000
315 Ashwood Drive 5 bd / 2.5 ba Oct 2025 $525,000
321 Ashwood Drive 4 bd / 2 ba Jun 2026 $620,000
415 Cypress Court 4 bd / 2.5 ba Jul 2026 $525,000

Sold data courtesy of MRED as distributed by MLS GRID; properties may be listed or sold by various participants in the MLS.

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321 Desmond Drive, Schaumburg, IL 60193
$499,000
4 bd · 2 ba · 2,130 sqft
500 Redwood Lane, Schaumburg, IL 60193
Want to see this home?

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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