1375 East Schaumburg Road

Local assessors in Schaumburg, IL have categorized 1375 East Schaumburg Road as a commercial type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 28,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 2,000 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1375 East Schaumburg Road has a total of 18,100 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1375 East Schaumburg Road was last sold in Nov 20, 2014 for $1,650,000. According to our calculations, that's $91.16 per sqft. Current property owners are expected to pay $83,099 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1375 East Schaumburg Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $452,335. To break that down further, the land itself was valued at $98,000. While improvements to the property were assessed at a total of $354,335. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.