When was property at 7426 Northway Drive built and last sold?

The property at 7426 Northway Drive was built in 1969 and last sold on Aug 22, 2018 for $266,000.

How much is this home worth?

The estimated value of the home located at 7426 Northway Drive is $369,029.

What are some comparable homes to 7426 Northway Drive?

There are currently no comparable homes to 7426 Northway Drive.

Hanover Park

60133

7426 Northway Drive

$375,000

● House - Off Market

7426 Northway Drive

Hanover Park, IL 60133

4 Beds

2 Baths

1,836 Ft²

$2,396

Est. Monthly

8.93%

Cap Rate

About This Property

Bright and spacious ranch with open concept floor plan. Tiled entry way opens up to large living room that is centered around a wood burning stove and flows into the dining area making it perfect for entertaining. Updated kitchen with 42" cabinets, tiled backsplash, stainless steel appliances, large pantry and breakfast bar overlooking the living room. Primary bedroom features a trim wall and private en suite with dual vanity and tiled walk in shower. Three additional bedrooms all with large closets share an updated hall bath with an additional storage closet. Overhead lighting with dimmers. Laundry room offers convenient access to the backyard. Huge fenced backyard with pergola and shed for extra storage. Detached 2.5 car garage with air conditioning and heater & long concrete driveway for additional parking. Brand new roof, gutters and trap gutters in October 2024. Zoned to highly rated Schaumburg schools!

Unit Size

1,836 Ft²

Days on Market

Land Size

Price per sqft

$202

Property Type

House

Property Taxes

$579

HOA Dues

Year Built

1969

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12274796)

Price History

Date / Event	Date	Event
Mar 17, 2025	Sold	Premium
Sold
Feb 14, 2025	In contract	-
In contract
Feb 11, 2025	Relisted	$370,000
Relisted
Jan 28, 2025	In contract	-
In contract
Jan 23, 2025	Listed by Redfin Corporation	$370,000
Listed by Redfin Corporation
Sep 28, 2018	No longer available	-
No longer available
Aug 22, 2018	Listed	$269,900
Listed

	Your attention, please! Truly, the Exception to the Rule! Lovingly cared for & remodeled by long-time owner. Inside & Out... Almost everything is new/newer! Seeing is Believing (Gutters & Siding: 2013. Newer Windows & Sliding Glass door. Roof, 2008). Spacious, Contemporary, open-concept floor-plan offers everything you could want! Large Foyer with Custom Flooring welcomes you! Kitchen Remodel with Stainless Appliances, Recessed lighting, 42" Cabinets, Breakfast Bar, Pantry & more! The other living spaces offer a professional decor-- new doors, and custom window treatments & recessed lighting! Large Great Room with Wood Burning Stove! Remodeled & Redesigned Master Suite with custom cabinetry, trim, lighting, Ceramic & Glass Tiles! Finished, insulated 2 car Garage w/heat & A/C, Attic Storage w/ladder and separate Power-- perfect workshop! The Exterior features your own private Retreat: Garden, Paver Patio, Pergola with Grape Vines, Fire-pit and Fenced yard! Schaumburg schools! The manager has listed the unit size as 1520 square feet.

Property Highlights

Fireplace

Building Info

Overview

General

Year Built: 1969

Effective Year Built: 1969
Building Count: 1
Total Rooms: 6
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
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: 8,760

Lot Size Depth Feet: 1,300
Lot Size Frontage Feet: 700
Total Building Area: 1,520
Gross Building Area: 1,520
Building Area: 1,520
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,520
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: HANOVER HIGHLANDS UNIT6
Land Acres: 0000000201
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (HANOVER) HIGHLANDS (UNIT6) SUB IN SE SEC 30-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804806

Geography

District: 35

Parcel: 07-30-415-025-0000
Block: 46
Lot: 25
Meridian: SEC 30 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0062
Longitude: -88.1323

Address

Full Address: 7426 Northway Dr

Legal Unit: 6
Address - House Number: 7426
Address - Street Name: Northway
Address - Suffix Type: Dr
State: IL
City Name: Hanover Park
Carrier Code: C002
4-Digit Zip Code: 2740
Zip Code: 60133

Valuation

Tax

Tax Year: 2022

Tax Amount: $668,519
Tax Rate Code Area: 35022

Appraisal Valuation

Standard Deviation: 0.2619

Valuation Date: Mar 20, 2024
Confidence Score: 62
Final Value: 374,440
High Value: 472,538
Low Value: 276,342

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $260,000

Market Land Value: $56,940
Market Improvement Value: $203,060

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $26,000
Assessed Land Value: $5,694
Assessed Improvements Value: $20,306

Sales

Current Sale Contract Date: Aug 22, 2018

Current Sale Recording Date: Oct 03, 2018
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 1827649052
Previous Sale Recording Date: Feb 23, 2007
Previous Sale Contract Date: Jan 29, 2007
Previous Sale Amount: $195,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: FIX

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

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

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Comparables

About Hanover Park

Stats & Trends

Median Asking:

$348,950

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

Average Home Size

1514 ft²

Average Home Age

47.9 years

Currently For Sale

35 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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$3,200 /mo

3 Beds
2 Baths
1,884 ft²

2343 Hamilton Place, Schaumburg, IL, 60194 Listing by Miki Yoshida

Unit for rent at 1839 Mckool Avenue, Streamwood, IL, 60107

$3,350 /mo

4 Beds
1 Bath
1,400 ft²

1839 Mckool Avenue #1839, Streamwood, IL, 60107 Listing by Shay Thakkar

Unit for rent at 141 Crescent Lane, Schaumburg, IL, 60193

$3,200 /mo

3 Beds
2 Baths
1,735 ft²

141 Crescent Lane #141, Schaumburg, IL, 60193 Listing by Aleya Abdulawal

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Beverly Callison, Redfin Corporation
Last Updated: 2 years ago
Data Source: MRED, MLS# 12274796

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.

7426 Northway Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Hanover Park

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions