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Active
    • $1,049,000

    124 E Monterey Ave, Schaumburg, IL 60193

    6beds
    5,703sqft
    : 
    $7,824/mo
    Get pre-qualified
    Single Family Residence
    Built in 1962
    1.43 Acres Lot
    $998,600 Zestimate®
    $184/sqft
    $-- HOA

    What's special

    Full brick exteriorLarge center islandWalkout basement
    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.
    17 days
    |
    961
    |
    35
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James Spyropoulos 773-725-5555,

    Devon Realty, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12705204MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Storage, Bedroom 5, Bedroom 6, Utility Room-Lower Level, Eating Area
      Primary bedroom
      • Features: Flooring (Hardwood), Window Treatments (Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Some Tilt-In Windows), Bathroom (Full)
      • Level: Second
      • Area: 375 Square Feet
      • Dimensions: 15X25
      Bedroom 2
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 221 Square Feet
      • Dimensions: 13X17
      Bedroom 3
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 176 Square Feet
      • Dimensions: 11X16
      Bedroom 4
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 210 Square Feet
      • Dimensions: 15X14
      Bedroom 5
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 182 Square Feet
      • Dimensions: 13X14
      Bedroom 6
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14X14
      Dining room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 13X14
      Eating area
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 121 Square Feet
      • Dimensions: 11X11
      Family room
      • Features: Flooring (Porcelain Tile)
      • Level: Basement
      • Area: 992 Square Feet
      • Dimensions: 32X31
      Kitchen
      • Features: Kitchen (Eating Area-Table Space, Island, Pantry-Closet, Custom Cabinetry, SolidSurfaceCounter, Updated Kitchen), Flooring (Hardwood)
      • Level: Main
      • Area: 270 Square Feet
      • Dimensions: 18X15
      Laundry
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 49 Square Feet
      • Dimensions: 7X7
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 544 Square Feet
      • Dimensions: 17X32
      Storage
      • Features: Flooring (Other)
      • Level: Basement
      • Area: 624 Square Feet
      • Dimensions: 24X26
      Other
      • Features: Flooring (Other)
      • Level: Basement
      • Area: 480 Square Feet
      • Dimensions: 20X24
      Heating
      • Natural Gas, Forced Air, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
      • Laundry: Upper Level, Laundry Closet
      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
      • Basement: Finished,Full
      • Number of fireplaces: 2
      • Fireplace features: Wood Burning, Family Room, Basement
      Interior area
      • Total structure area: 5,703
      • Total interior livable area: 5,703 sqft
      • Finished area below ground: 1,100

      Property

      Parking
      • Total spaces: 2
      • Parking features: Asphalt, Circular Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Garage
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 2
      Lot
      • Size: 1.43 Acres
      • Dimensions: 259 X 166 X 216 X 177
      Details
      • Additional parcels included: 07342160140000
      • Parcel number: 07342160130000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1962
      • Major remodel year: 2025

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Well

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Schaumburg

      Financial & listing details

      • Price per square foot: $184/sqft
      • Tax assessed value: $317,920
      • Annual tax amount: $16,702
      • Date on market: 7/14/2026
      • Ownership: Fee Simple

        Estimated market value

        $998,600

        $949,000 - $1.05M

        $5,170/mo

        Price history

        DateEventPrice
        7/14/2026Listing removed$1,099,000$193/sqft
        Source: MRED as distributed by MLS GRID #12582832 Report a problem
        6/19/2026Listed for sale$1,099,000-6.5%$193/sqft
        Source: MRED as distributed by MLS GRID #12582832 Report a problem
        12/8/2025Listing removed$1,174,900$206/sqft
        Source: MRED as distributed by MLS GRID #12332029 Report a problem
        9/27/2025Price change$1,174,900-2%$206/sqft
        Source: MRED as distributed by MLS GRID #12332029 Report a problem
        9/5/2025Listed for sale$1,199,000+250.6%$210/sqft
        Source: MRED as distributed by MLS GRID #12332029 Report a problem
        8/19/2016Sold$342,000$60/sqft
        Source: MRED as distributed by MLS GRID #08867018 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,388 +175.8%$31,792 +40.8%
        2023$3,042 +21.8%$22,572 +100.1%
        2022$2,498 -60.7%$11,281 -53.6%
        2021$6,361 +7.8%$24,316
        2020$5,898 +3.7%$24,316
        2019$5,690 -29%$24,316 -14.4%
        2018$8,011 -3%$28,410 -4.2%
        2017$8,259 +0.8%$29,647
        2016$8,189 +2.9%$29,647 +11.4%
        2015$7,961 +1.1%$26,611
        2014$7,874 +16.6%$26,611
        2013$6,752 +37.2%$26,611 -7.1%
        2012$4,920 +111.9%$28,635
        2011$2,322 +17%$28,635
        2010$1,985 -39.6%$28,635 +85%
        2009$3,288 +16.6%$15,479 -4.3%
        2008$2,820 +3.5%$16,168
        2007$2,723 +25.6%$16,168 +11.1%
        2006$2,168 -19.5%$14,549
        2005$2,694 +4.1%$14,549
        2004$2,587 -1.2%$14,549 +1.1%
        2003$2,619 -1.8%$14,384
        2002$2,667 -5.6%$14,384
        2001$2,824 +2.5%$14,384
        2000$2,757 -0.5%$14,384
        1999$2,771 $14,384
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 60193

        Getting around

        66 / 100
        Somewhat Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fredrick Nerge Elementary School
        • Middle: Margaret Mead Junior High School
        • High: J B Conant High School
        • District: 54

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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