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Detached Single · Schaumburg, IL
$1,029,999
6 beds · 4 baths · 5,703 sqft
124 E Monterey Avenue, Schaumburg, IL, 60193
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air2-car garage1.43-acre lotIn-unit laundry
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.
— the listing agent’s description

The home

6 beds
4 baths
5,703 sqft
Built in 1962
1.43-acre lot
2-car garage
Detached Single

What it’ll cost

$181 / sqft
$16,702 taxes / yr
No HOA
2 days on dwello

Estimated monthly payment

$7,169/mo
Principal & interest$5,477
Property taxes$1,392
Homeowners insurance$300
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
2 days on dwello
Price history
Listed for sale
Aug 13, 2026
$1,029,999
Earlier records
Listed
Jul 14, 2026
$1,049,000
Listed
Jun 19, 2026
$1,099,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$16,702/yr
Assessed value
2025
County assessor
$58,893~$588,930 mkt
2024
$31,792~$317,920 mkt
2023
$22,573~$225,730 mkt
2022
$11,283~$112,830 mkt
2021
$24,318~$243,180 mkt
2020
$24,316~$243,160 mkt
2019
$24,316~$243,160 mkt
2018
$28,410~$284,100 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirZonedNatural GasForced AirBrickPublic SewerAsphaltCircular Driveway

Schools

Elementary — Fredrick Nerge Elementary School
Middle — Margaret Mead Junior High School
High — J B Conant High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by James Spyropoulos · Devon Realty, Inc.
Listing last updated Aug 14, 2026 · data refreshed from the MLS Aug 14, 2026, 1:41 PM CT
Based on information submitted to the MLS GRID as of Aug 14, 2026, 1:41 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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