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Schaumburg 60193
720 PRESTON Lane
$620,000
● House - Off Market

720 PRESTON Lane

Schaumburg, IL 60193
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,300 Ft²
$3,959
Est. Monthly

About This Property

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.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$274
Property Type
House
Property Taxes
$866
HOA Dues
-
Year Built
1970

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 9,945
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 1,639
  • Gross Building Area: 1,639
  • Building Area: 1,639
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,639
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCER 07
  • Land Acres: 0000000228
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804611

Geography

  • District: 35
  • Parcel: 07-26-111-001-0000
  • Lot: 709
  • Meridian: SEC 26 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0188
  • Longitude: -88.0616

    Address

  • Full Address: 720 Preston Ln
  • Address - House Number: 720
  • Address - Street Name: Preston
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C004
  • 4-Digit Zip Code: 3043
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $966,459
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2213
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 484,796
  • High Value: 592,111
  • Low Value: 377,480

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $84,530
  • Market Improvement Value: $305,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $8,453
  • Assessed Improvements Value: $30,547

    Sales

  • Current Sale Contract Date: Jun 21, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1818629337
  • Previous Sale Recording Date: Jul 20, 2006
  • Previous Sale Contract Date: Jun 29, 2006
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Schaumburg


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Nearby Rentals

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Unit for rent at 329 Grissom Court, Hoffman Estates, IL, 60169

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Unit for rent at 706 N Point Drive, Schaumburg, IL, 60193

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 2,351 ft²
706 N Point Drive, Schaumburg, IL, 60193 Listing by Sarah Leonard


Frequently Asked Questions

When was property at 720 Preston Lane built and last sold?
The property at 720 Preston Lane was built in 1970 and last sold on Jun 21, 2018 for $380,000.
How much is this home worth?
The estimated value of the home located at 720 Preston Lane is $0.
What are some comparable homes to 720 Preston Lane?
There are currently no comparable homes to 720 Preston Lane.