When was property at 223 Gareth Lane built and last sold?

The property at 223 Gareth Lane was built in 1975 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 223 Gareth Lane is $447,150.

What are some comparable homes to 223 Gareth Lane?

There are currently no comparable homes to 223 Gareth Lane.

Schaumburg

60193

223 Gareth Lane

$457,000

● House - Off Market

223 Gareth Lane

Schaumburg, IL 60193

3 Beds

1 Bath, 1 Half Bath

1,141 Ft²

$2,794

Est. Monthly

5.73%

Cap Rate

About This Property

Beautifully updated 3 bedroom, 1.1 bath ranch in Lancer Park with Pella windows, updated flooring and fresh paint throughout! Enter into the bright living room with refinished hardwood floors, large bay window and plenty of entertaining space to enjoy. Eat-in kitchen is fully updated with new white shaker cabinets, quartz counters, all stainless-steel appliances, breakfast bar, vinyl floors and ceramic backsplash. Down the hall are three bright and comfortable bedrooms with refinished hardwood floors and two completely new bathrooms with lots of natural light. Downstairs full basement is expansive, clean and open with a large laundry space and plenty of room for storage and extra living space. Outside, enjoy the large patio, spacious fenced yard and detached 2.5 car garage with new siding, garage door and opener. This home has been completely updated in 2025 with all new electrical, light fixtures, furnace, A/C, water heater and much more! Steps from park, bike path, Prairie Center and Spring Valley Nature Center. Feeds into Collins, Frost and Conant! Don't wait, this home will go fast!

Unit Size

1,141 Ft²

Days on Market

Land Size

0.20 acres

Price per sqft

$394

Property Type

House

Property Taxes

$584

HOA Dues

Year Built

1975

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Cap Rate Calculator

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1975

Effective Year Built: 1975
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 11
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,750

Total Building Area: 1,141
Gross Building Area: 1,141
Building Area: 1,141
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,141
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LANCER SUB UNIT10
Land Acres: 0000000201
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (LANCER) SUB (UNIT10) SUB PT NW SEC26 & PT SE SW SEC 23-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804611

Geography

District: 35

Parcel: 07-23-305-005-0000
Lot: 1066
Meridian: SEC 23 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0232
Longitude: -88.0645

Address

Full Address: 223 Gareth Ln

Legal Unit: 10
Address - House Number: 223
Address - Street Name: Gareth
Address - Suffix Type: Ln
State: IL
City Name: Schaumburg
Carrier Code: C004
4-Digit Zip Code: 3066
Zip Code: 60193

Valuation

Tax

Tax Year: 2022

Tax Amount: $446,498
Tax Rate Code Area: 35011

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 389,075
High Value: 477,917
Low Value: 300,234

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $310,010

Market Land Value: $74,380
Market Improvement Value: $235,630

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $31,001
Assessed Land Value: $7,438
Assessed Improvements Value: $23,563

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Schaumburg

Stats & Trends

Median Asking:

$363,700

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1643 ft²

Average Home Age

40.2 years

Currently For Sale

120 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10 W Thacker Street, Hoffman Estates, IL, 60169

$2,700 /mo

3 Beds
1 Bath
900 ft²

10 W Thacker Street, Hoffman Estates, IL, 60169 Listing by Magdalena Malyszko

Unit for rent at 261 Driftwood Lane, Schaumburg, IL, 60193

$2,675 /mo

3 Beds
2 Baths
1,200 ft²

261 Driftwood Lane #A2, Schaumburg, IL, 60193 Listing by Carol Weiskirch

Unit for rent at 282 Pembridge Lane, Schaumburg, IL, 60193

$2,700 /mo

3 Beds
2 Baths
1,500 ft²

282 Pembridge Lane #A2, Schaumburg, IL, 60193 Listing by Rocco LaMantia

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Royal Hartwig, Royal Family Real Estate
Data Source: MRED, MLS# MRD12457557

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

223 Gareth Lane

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Schaumburg

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions