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Off market
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  • $367,600

    1516 Somerset Ln, Schaumburg, IL 60193

    3beds
    1baths
    1,070sqft
    MultiFamily
    Built in 1962
    -- sqft lot
    $367,600 Zestimate®
    $344/sqft
    $2,444 Estimated rent

    Home value

    $367,600

    $335,000 - $397,000

    $2,444/mo

    Zestimate® history
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    $2,444/mo

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    $2,635/mo

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    $2,635/mo

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    What's special

    Completely rehabbed home with a beautiful stone fireplace and a large fenced back yard with beautiful mature trees .New Oak wood floors,New oak kitchen cabinets,12x12 neutral ceramic tiles throughout,window treatments and freshly painted inside and outside as well! Additional 2.5 car detached garage with a separate driveway for cars or for storage.Available immediately! $25 credit check.No pets. No smoking please.**

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,070 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 0720403013

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Year built: 1962

    Community & HOA

    Location
    • Region: Schaumburg

    Financial & listing details

    • Price per square foot: $344/sqft
    • Tax assessed value: $272,840
    • Annual tax amount: $7,939

    Price history

    DateEventPrice
    7/9/2015Listing removed$1,650$2/sqft
    Source: Keller Williams - Barrington #08962216 Report a problem
    6/24/2015Listed for rent$1,650+10.4%$2/sqft
    Source: Keller Williams Success Realty #08962216 Report a problem
    1/25/2013Listing removed$1,495$1/sqft
    Source: Keller Williams Success Realty #08250991 Report a problem
    1/17/2013Listed for rent$1,495$1/sqft
    Source: Keller Williams Success Realty #08250991 Report a problem
    12/4/2012Sold$143,000-3.4%$134/sqft
    Source: MRED as distributed by MLS GRID #08119029 Report a problem
    10/12/2012Price change$148,000-7.4%$138/sqft
    Source: Baird & Warner Real Estate #08119029 Report a problem
    10/5/2012Price change$159,900-5.9%$149/sqft
    Source: Baird & Warner Real Estate #08119029 Report a problem
    9/1/2012Price change$169,900-5.6%$159/sqft
    Source: Baird & Warner Real Estate #08119029 Report a problem
    7/21/2012Listed for sale$179,999$168/sqft
    Source: Baird & Warner Real Estate #08119029 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,939 +3.9%$27,284
    2023$7,643 +0.5%$27,284 -2.6%
    2022$7,606 +21%$27,999 +35%
    2021$6,287 -5.1%$20,743 -6.7%
    2020$6,624 -1.1%$22,236 -11%
    2019$6,697 +21.1%$24,985 +35.6%
    2018$5,531 +1.6%$18,431
    2017$5,444 +6.9%$18,431
    2016$5,091 -0.4%$18,431 +7.9%
    2015$5,110 +1.1%$17,082
    2014$5,054 +2.6%$17,082
    2013$4,925 -6.8%$17,082 -14.6%
    2012$5,283 +384.6%$20,003
    2011$1,090 +10%$20,003
    2010$991 +13.4%$20,003 -19.5%
    2009$874 +5.2%$24,860 -4%
    2008$831 -8.9%$25,895
    2007$912 -77.6%$25,895 +27.3%
    2006$4,063 +278.2%$20,342
    2005$1,074 -2.2%$20,342
    2004$1,099 -12.3%$20,342 +27.1%
    2003$1,254 +5.3%$16,001
    2002$1,191 -15%$16,001
    2001$1,400 +3.7%$16,001 +21.4%
    2000$1,350 -29.7%$13,185
    1999$1,922 $13,185
    Find assessor info on the county website

    Neighborhood: 60193

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CAMPANELLI ELEMENTARY SCHOOL
    • Middle: JANE ADDAMS JUNIOR HIGH SCHOOL
    • High: SCHAUMBURG HIGH SCHOOL
    • District: 211

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $367,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $367,600