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$995,900

124 Monterey Ave

Schaumburg, IL
Active
6
Bedrooms
4
Bathrooms
3,356
Square Feet
1.43
Lot Size (acres)
1962
Year Built
14
Days On Market

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.

Listing Information

Listing Updated
8 days ago
Listed By
James Spyropoulos · Devon Realty, Inc., 7737255555
MLS#
12788857
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
124 E Monterey Ave, Schaumburg, IL 60193
City
Schaumburg
County
Cook
Zip Code
60193

Architecture

Bedrooms
6
Bathrooms
4
Year Built
1962
Construction Materials
Brick
Building Area
3,356 sq. ft.
Foundation
Concrete Perimeter
Roof
Asphalt
Garage
Yes
Garage Spaces
2
Parking Features
Attached, Garage Door Opener, Asphalt, Garage, Circular Driveway

Features & Amenities

Interior Features
Walk-In Closet(s), Pantry, In-Law Floorplan, Open Floorplan
Appliances
Dishwasher, Microwave, Refrigerator, Range, Range Hood, Stainless Steel Appliance(s)
Flooring
Hardwood
Cooling
Central Air, Zoned
Heating
Forced Air, Zoned

Property Features

Lot Size
1.43 Acres
Water
Well
Sewer
Public Sewer

Square Footage

Total
5,703 sq. ft.

Tax & Financial Information

List Price
$995,900
Annual Taxes
$15,067

Schools

78/100
Margaret Mead Junior High School
Middle · Grades 07–08 · 1.3 mi
Assigned school for this home
City
Elk Grove Village
Students
671
Parent reviews
5.0★ avg · 2 reviews
Student body
45% White · 26% Asian · 19% Hispanic / Latino
Phone
(847) 357-6000
100/100
Buzz Aldrin Elementary School
Elementary · Grades KG–06 · 1.2 mi
City
Schaumburg
Students
537
Parent reviews
5.0★ avg · 4 reviews
Student body
45% White · 24% Hispanic / Latino · 20% Asian
Free/reduced lunch
25%
Phone
(847) 357-5400
100/100
Adlai Stevenson Elementary School
Elementary · Grades KG–06 · 1.9 mi
City
Elk Grove Village
Students
496
Parent reviews
5.0★ avg · 2 reviews
Student body
41% White · 39% Hispanic / Latino · 11% Asian
Free/reduced lunch
34%
Phone
(847) 357-5200
98/100
Medinah Middle School
Middle · Grades 06–08 · 1.3 mi
City
Roselle
Students
198
Student body
64% White · 18% Hispanic / Latino · 7% Black
Free/reduced lunch
28%
Phone
(630) 893-3838
78/100
Thomas Dooley Elementary School
Elementary · Grades KG–06 · 1.7 mi
City
Schaumburg
Students
450
Parent reviews
5.0★ avg · 4 reviews
Student body
40% Asian · 31% White · 18% Two or More Races
Phone
(847) 357-6250
72/100
Everett Dirksen Elementary School
Elementary · Grades KG–06 · 1.4 mi
City
Schaumburg
Students
522
Parent reviews
4.4★ avg · 10 reviews
Student body
49% White · 32% Asian · 13% Hispanic / Latino
Phone
(847) 357-5600
68/100
Medinah Intermediate School
Elementary · Grades 03–05 · 1.8 mi
City
Medinah
Students
208
Parent reviews
4.0★ avg · 2 reviews
Student body
57% White · 27% Hispanic / Latino · 5% Black
Free/reduced lunch
54%
Phone
(630) 529-6105
57/100
Michael Collins Elementary School
Elementary · Grades KG–06 · 1.2 mi
City
Schaumburg
Students
777
Student body
58% White · 25% Asian · 11% Hispanic / Latino
Free/reduced lunch
8%
Phone
(847) 357-6100

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/19/2026Listed for sale$995,900

Listed by James Spyropoulos · Devon Realty, Inc. · 7737255555

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 25, 2026 at 5:09 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12788857

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