This won't last long! Schaumburg's highly sought-after Gatewood neighborhood! This spacious 2-bedroom, 2-bathroom unit is conveniently located on the first floor of an intimate quad. The unit boasts a foyer entry, a recently updated eat-in kitchen, a dining room with a slider leading to a private patio, and a expansive living room. The primary bedroom features a large walk-in closet and a full bathroom. Additional amenities include a full laundry and utility room; HVAC system replaced 2023. The unit also features newer windows and doors, a secure 1-car attached garage with ample storage, and access to professionally landscaped grounds, a park, pool, and clubhouse. The location is ideal, with close proximity to shopping, train, expressway, and O'Hare Airport. The unit is served by excellent schools in District 54.
Closed
$276,000
602 Fairbanks Ct Unit Z1, Schaumburg, IL 60194
2beds
1,200sqft
Condominium, Single Family Residence
Built in 1989
-- sqft lot
$314,800 Zestimate®
$230/sqft
$2,308 Estimated rent
Home value
$314,800
$299,000 - $331,000
$2,308/mo
Zestimate® history
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$2,334/mo
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Zillow last checked:
Listing updated:
Listed by:
Lisa Graziani 708-456-1919,
Caporale Realty Group
Bought with:
Paras Pahade
Artha Realty Incorporated
Source: MRED as distributed by MLS GRID,MLS#: 12299362
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Foyer
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Dining room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9X11
Foyer
- Level: Main
- Area: 56 Square Feet
- Dimensions: 7X8
Kitchen
- Features: Kitchen (Pantry-Closet), Flooring (Ceramic Tile), Window Treatments (Blinds)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Laundry
- Features: Flooring (Vinyl), Window Treatments (Blinds)
- Level: Main
- Area: 40 Square Feet
- Dimensions: 5X8
Living room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 221 Square Feet
- Dimensions: 13X17
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Washer, Dryer
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Garage Owned, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Lot
- Features: Cul-De-Sac
Details
- Parcel number: 07231010271179
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Aluminum Siding, Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Electric: Circuit Breakers
- Water: Lake Michigan, Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $368 monthly
Location
- Region: Schaumburg
Financial & listing details
- Price per square foot: $230/sqft
- Tax assessed value: $209,230
- Annual tax amount: $1,603
- Date on market: 2/27/2025
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2025 | Listing removed | $2,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/2/2025 | Listed for rent | $2,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/29/2025 | Sold | $276,000-4.8%$230/sqft |
Source:  MRED as distributed by MLS GRID #12299362 Report a problem | ||
| 3/19/2025 | Contingent | $289,900$242/sqft |
Source: MRED as distributed by MLS GRID #12299362 Report a problem | ||
| 3/10/2025 | Price change | $289,900-3.3%$242/sqft |
Source: MRED as distributed by MLS GRID #12299362 Report a problem | ||
| 2/27/2025 | Listed for sale | $299,900$250/sqft |
Source: MRED as distributed by MLS GRID #12299362 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,655 -60.5% | $20,923 +0% |
| 2023 | $4,189 +161.2% | $20,921 |
| 2022 | $1,604 -8% | $20,921 +23.2% |
| 2021 | $1,742 +9.2% | $16,977 |
| 2020 | $1,595 +0.5% | $16,977 -10% |
| 2019 | $1,587 -10.8% | $18,873 +36.2% |
| 2018 | $1,780 +3.4% | $13,861 |
| 2017 | $1,721 -35% | $13,861 |
| 2016 | $2,646 +1.1% | $13,861 +4.6% |
| 2015 | $2,617 +3.6% | $13,246 |
| 2014 | $2,526 +0.2% | $13,246 |
| 2013 | $2,519 +13.4% | $13,246 +4.4% |
| 2012 | $2,221 -5.4% | $12,688 |
| 2011 | $2,348 -21% | $12,688 -13.7% |
| 2010 | $2,972 +1.2% | $14,709 -21.8% |
| 2009 | $2,937 +17.7% | $18,811 -4% |
| 2008 | $2,495 +4.1% | $19,595 -2.6% |
| 2007 | $2,396 -7.3% | $20,121 +14.1% |
| 2006 | $2,583 +8.2% | $17,628 |
| 2005 | $2,387 +5.3% | $17,628 |
| 2004 | $2,267 -0.9% | $17,628 +20.6% |
| 2003 | $2,289 +4.8% | $14,614 |
| 2002 | $2,184 +16.8% | $14,614 |
| 2001 | $1,871 +2.1% | $14,614 +15.3% |
| 2000 | $1,833 +0.5% | $12,674 |
| 1999 | $1,823 | $12,674 |
Find assessor info on the county website
Neighborhood: 60194
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Nearby schools
GreatSchools rating
- 8/10Everett Dirksen Elementary SchoolGrades: K-6Distance: 1.2 mi
- 7/10Robert Frost Junior High SchoolGrades: 7-8Distance: 2.3 mi
- 10/10J B Conant High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- 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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Estimated market value
$314,800
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Estimated market value
$314,800
- Illinois
- Cook County
- Schaumburg
- 60194
- 602 Fairbanks Ct Unit Z1
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