RIZWAN REALTY

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124 E Monterey Avenue
Schaumburg, IL 60193
Contingent
$995,900
Contingent
6
Beds
4
Baths
2
Garage
1.43
Acres
1962
Yr. Built
MLS# 12758470
Cumulative Days on Market: 19 · Includes prior listings · Currently listed since 09/14/26 · Data provided by the MLS.

Property Description

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.

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Property Highlights

Property Type
Residential
Local Property Type
Detached Single
Bedrooms
6
Total Bathrooms
4
Living Area
5,703
Price / Sqft
$175
Acres
1.43
Year Built
1962
Cumulative Days On Market
5

Location

Area
Schaumburg
City/Township
Schaumburg
County
Cook

Property Details

Price
$995,900
Local Property Type
Detached Single
Property Type
Residential

Community

Local Schools

Elementary School
Fredrick Nerge Elementary School
Middle School
Margaret Mead Junior High School
High School
J B Conant High School
School District
211

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
4
Full Bathrooms
4
Bedrooms
6

Rooms and Basement

Total Rooms
11
Basement Features
Finished, Full

Area and Spaces

Living Area
5,703
Below Grade Finished Area
1,100

Appliances

Appliances
Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood

Interior Features

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
Laundry Features
Upper Level, Laundry Closet
Electic
200+ Amp Service
Fireplace Features
Wood Burning

Heating and Cooling

Heating Features
Natural Gas, Forced Air, Zoned
Fireplaces
2

Building Details

Construction

Year Built
1962
Foundations
Concrete Perimeter

Materials

Construction Materials
Brick
Roof
Asphalt

Terms

Terms

Contingency
Financing
Ownership
Fee Simple
Special Conditions
None
Cumulative Days On Market
5

Taxes

Tax

Tax (Annual)
$16,702.25

HOA

Association Fee Includes
None

Heating, Cooling & Utilities

Cooling Features
Central Air, Zoned

Utilities

Sewer
Public Sewer
Water Source
Well

Lot

Acres
1.43
Lot Dimensions
259 X 166 X 216 X 177

Parking

Total Parking Spaces
2
Garage Capacity
2
Parking Features
Asphalt, Circular Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Listed by Devon Realty, Inc., 773-725-5555
Listing Data last updated 10/02/2026 03:00 am
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Property History

12 days ago
Property information last updated
18 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 19 days (includes prior listings) · Currently listed since September 14, 2026. Data provided by the MLS.

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