When was property at 532 Summit Drive built and last sold?

The property at 532 Summit Drive was built in 1971 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 532 Summit Drive is $464,772.

What are some comparable homes to 532 Summit Drive?

There are currently no comparable homes to 532 Summit Drive.

Schaumburg

60193

532 Summit Drive

Sold on Sep 1, 2026

Map

$450,000

● House - Off Market

532 Summit Drive

Schaumburg, IL 60193

3 Beds

1 Bath, 1 Half Bath

1,800 Ft²

$2,988

Est. Monthly

About This Property

Welcome Home! Very Well Maintained, Charming Split Level W/Walk Out Lower Level, Encompassing Approximately 1800 Sq Ft over 3 spacious levels. Highly Popular & Sought After Lancer Park Subdivision. Excellent Curb Appeal. Neutral Decor T/O! Spacious Living Room and Dining Room. Dining Room opens to the Kitchen. Kitchen includes granite counters and Stainless/Black appliances. Enormous Lower Level Walk-Out Family Room W/Updated Patio Doors leading to the yard and deck area. Master Bedroom has access to the full bath. All 3 Bedrooms, Hallway and Stairs are Hardwood. Huge Utility/Laundry Room. Updated Entry Door. Furnace and Central Air are approximately 10 years old, and the Roof, which has architectural shingles, was also replaced about 10 years ago. Siding Updated Approx 5 years ago. Beautiful Updated Lighting T/O! Cement Driveway. Lovely and Peaceful Yard! Excellent District 54 Schools and Conant High. Minutes to Woodfield Mall, All shopping, transportation, several parks, forest preserves, etc. Estate Sale - Sold "As-Is," but the home shows beautifully, is well maintained, and has been lovingly cared for. Truly a great home!

Unit Size

1,800 Ft²

Days on Market

Land Size

0.20 acres

Price per sqft

$256

Property Type

House

Property Taxes

$729

HOA Dues

Year Built

1971

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Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1971

Effective Year Built: 1971
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,817

Total Building Area: 1,266
Gross Building Area: 1,266
Building Area: 1,266
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,266
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LANCER UNIT 04
Land Acres: 0000000202
Standard Land Use Code: 1001
County Land Use Code: 2-34
Legal Description 1: LANCER SUBDIVISION UNIT # LOT 434

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804810

Geography

District: 35

Parcel: 07-26-108-002-0000
Lot: 434
Meridian: SEC 26 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0169
Longitude: -88.07

Address

Full Address: 532 Summit Dr

Address - House Number: 532
Address - Street Name: Summit
Address - Suffix Type: Dr
State: IL
City Name: Schaumburg
Carrier Code: C027
4-Digit Zip Code: 3113
Zip Code: 60193

Valuation

Tax

Tax Year: 2022

Tax Amount: $125,010
Tax Rate Code Area: 35011

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 430,650
High Value: 528,984
Low Value: 332,315

Market Valuation

Market Total Value: $360,010

Market Land Value: $74,950
Market Improvement Value: $285,060

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $36,001
Assessed Land Value: $7,495
Assessed Improvements Value: $28,506

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:

$349,900

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

Average Home Size

1693 ft²

Average Home Age

41.3 years

Currently For Sale

115 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

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2 Baths
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Unit for rent at 615 Verde Drive, Schaumburg, IL, 60173

$1,750 /mo

1 Bed
1 Bath
1,200 ft²

615 Verde Drive #615, Schaumburg, IL, 60173 Listing by Mary Myzia

Unit for rent at 772 Circle Drive, Roselle, IL, 60172

$3,400 /mo

3 Beds
2 Baths
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772 Circle Drive, Roselle, IL, 60172 Listing by Veronica Rosales

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Listed by: Terri Hunt, RE/MAX Suburban
Data Source: MRED, MLS# MRD12708390

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.