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  • $620,000

    720 Preston Ln, Schaumburg, IL 60193

    4beds
    2,300sqft
    Single Family Residence
    Built in 1969
    9,945 Square Feet Lot
    $622,300 Zestimate®
    $270/sqft
    $3,277 Estimated rent

    Home value

    $622,300

    $566,000 - $685,000

    $3,277/mo

    Zestimate® history
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    What's special

    Exceptional opportunity to own a spacious and well-maintained home in a highly desirable Schaumburg location. This 4-bedroom, 3 full bathroom split-level home offers a versatile and functional layout with over 2,000 square feet of living space, plus a fully finished sub-basement. The main level features a beautiful kitchen with granite countertops, stainless steel appliances, and 42" cabinets, along with an expansive eating area filled with natural light. The inviting family room is highlighted by a striking stone, gas-start wood-burning fireplace and custom wood accents, creating a warm and elegant atmosphere. Upstairs, generously sized bedrooms include a primary suite with ample closet space and a private bath. The finished sub-basement provides additional living space ideal for a recreation room, home office, or gym, along with abundant storage. Situated on a premium corner lot, the home offers a fenced backyard, private patio, and mature landscaping-perfect for outdoor entertaining. Additional highlights include an oversized 2-car garage and a beautifully private backyard. Located in the desirable Lancer neighborhood and feeding into the highly-rated JB Conant High School, this home is perfectly positioned for both convenience and lifestyle. Enjoy easy access to nearby amenities including a community pool and recreation center, multiple parks, tennis courts, Spring Valley Nature Center, Fox Links Golf Course, the Prairie Center for the Arts, and the popular annual Septemberfest. Ideal for walking or biking, this vibrant community offers something for everyone. Conveniently located near top-rated schools, shopping, dining, and major highways, this home combines comfort, space, and an unbeatable location.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Claudia A Goehner (224)699-5002,

    Redfin Corporation

    Bought with:

    Aleksandr Katsman, ABR,SFR,SRS

    Barr Agency, Inc

    Source: MRED as distributed by MLS GRID,MLS#: 12614916MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full)
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 120 Square Feet
    • Dimensions: 10X12
    Bedroom 3
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 132 Square Feet
    • Dimensions: 11X12
    Bedroom 4
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10X12
    Family room
    • Features: Flooring (Wood Laminate)
    • Level: Lower
    • Area: 700 Square Feet
    • Dimensions: 28X25
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet, Custom Cabinetry, Granite Counters, Updated Kitchen), Flooring (Hardwood)
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Laundry
    • Features: Flooring (Ceramic Tile)
    • Level: Lower
    • Area: 72 Square Feet
    • Dimensions: 9X8
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 260 Square Feet
    • Dimensions: 20X13
    Recreation room
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 700 Square Feet
    • Dimensions: 28X25
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
    • Laundry: Gas Dryer Hookup, Laundry Closet, Sink
    Features
    • Flooring: Hardwood
    • Windows: Skylight(s), Blinds, Display Window(s), Garden Window(s), Insulated Windows, Screens, Some Tilt-In Windows
    • Basement: Finished,Full
    • Attic: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Gas Starter, Family Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 2,300 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Patio
    Lot
    • Size: 9,945 sqft
    • Dimensions: 117X85
    Details
    • Parcel number: 07261110010000
    • Special conditions: None
    • Other equipment: TV-Cable, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Radon Mitigation System

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Cedar
    Condition
    • New construction: No
    • Year built: 1969
    • Major remodel year: 2016

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Water conservation: Water-Smart Landscaping

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Schaumburg
    • Subdivision: Lancer Park

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/18/2026Listing removed$3,200$1/sqft
    Source: Zillow Rentals Report a problem
    6/15/2026Listed for rent$3,200-17.9%$1/sqft
    Source: Zillow Rentals Report a problem
    5/27/2026Sold$620,000-1.6%$270/sqft
    Source: MRED as distributed by MLS GRID #12614916 Report a problem
    5/26/2026Pending sale$629,900$274/sqft
    Source: MRED as distributed by MLS GRID #12614916 Report a problem
    5/20/2026Listing removed$629,900$274/sqft
    Source: MRED as distributed by MLS GRID #12614916 Report a problem
    4/21/2026Contingent$629,900$274/sqft
    Source: MRED as distributed by MLS GRID #12614916 Report a problem
    4/21/2026Listed for sale$629,900$274/sqft
    Source: MRED as distributed by MLS GRID #12614916 Report a problem
    4/20/2026Contingent$629,900$274/sqft
    Source: MRED as distributed by MLS GRID #12614916 Report a problem
    4/15/2026Listed for sale$629,900+65.8%$274/sqft
    Source: MRED as distributed by MLS GRID #12614916 Report a problem
    6/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/16/2023Price change$3,900-2.4%$2/sqft
    Source: Zillow Rentals Report a problem
    6/14/2023Listed for rent$3,995$2/sqft
    Source: Zillow Rentals Report a problem
    7/5/2018Sold$380,000-5%$165/sqft
    Source: Public Record Report a problem
    5/20/2018Pending sale$399,900$174/sqft
    Source: 4 Sale Realty Advantage #09849606 Report a problem
    5/13/2018Listed for sale$399,900$174/sqft
    Source: 4 Sale Realty Advantage #09849606 Report a problem
    5/5/2018Pending sale$399,900$174/sqft
    Source: 4 Sale Realty Advantage #09849606 Report a problem
    3/24/2018Price change$399,900-2.4%$174/sqft
    Source: 4 Sale Realty Advantage #09849606 Report a problem
    3/6/2018Listed for sale$409,900$178/sqft
    Source: 4 Sale Realty Advantage #09849606 Report a problem
    3/1/2018Pending sale$409,900$178/sqft
    Source: 4 Sale Realty Advantage #09849606 Report a problem
    2/5/2018Listed for sale$409,900$178/sqft
    Source: 4 Sale Realty Advantage #09849606 Report a problem
    12/2/2017Listing removed$409,900$178/sqft
    Source: 4 Sale Realty Advantage #09776599 Report a problem
    10/20/2017Price change$409,900-1.2%$178/sqft
    Source: 4 Sale Realty Advantage #09776599 Report a problem
    10/13/2017Listed for sale$414,900+3.8%$180/sqft
    Source: 4 Sale Realty Advantage #09776599 Report a problem
    10/26/2014Listing removed$399,900$174/sqft
    Source: 4 Sale Realty, Inc. #08727567 Report a problem
    9/21/2014Listed for sale$399,900+1.2%$174/sqft
    Source: 4 Sale Realty, Inc. #08727567 Report a problem
    7/20/2006Sold$395,000$172/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $39,000 +0%
    2023$9,996 +3.4%$38,999
    2022$9,665 +28.6%$38,999 +38.7%
    2021$7,516 +0.8%$28,127
    2020$7,454 -11%$28,127 -10%
    2019$8,377 -7.9%$31,253 -7.4%
    2018$9,096 +1.4%$33,743
    2017$8,970 +3.9%$33,743
    2016$8,631 +13.9%$33,743 +20.7%
    2015$7,577 +0.9%$27,950
    2014$7,510 +2.9%$27,950
    2013$7,300 +2.5%$27,950 -5.2%
    2012$7,125 +3%$29,470
    2011$6,916 -14.1%$29,470 -11.9%
    2010$8,053 +4.5%$33,462 -12.1%
    2009$7,708 +16.9%$38,083 -4%
    2008$6,592 +4.8%$39,669
    2007$6,289 +20.6%$39,669 +18.5%
    2006$5,213 +0.8%$33,489
    2005$5,170 +5.5%$33,489
    2004$4,902 +9.7%$33,489 +35%
    2003$4,469 +4.9%$24,808
    2002$4,262 +21.6%$24,808
    2001$3,506 +2.3%$24,808 +24.8%
    2000$3,427 -0.2%$19,880
    1999$3,432 $19,880

    Find assessor info on the county website

    Neighborhood: 60193

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Michael Collins Elementary Schoo
    • Middle: Robert Frost 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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    Estimated market value
    $622,300
    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
    $622,300