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$419,000 Just Listed
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Property Description
This newly built (2023) two-story townhome offers a versatile floor plan with 3 bedrooms and 2 bathrooms, featuring an open-concept design highlighted by soaring ceilings. The home includes a spacious living room and dining area, along with a well-appointed kitchen with stainless steel appliances. Enjoy both a private balcony and patio, a comfortable primary suite, two additional bedrooms, and a 2-car attached garage with finished walls and epoxy flooring and additional storage space in first floor . Additional upgrades include a water softener, garage door opener, and video doorbell, providing added convenience and peace of mind. Located within desirable Schaumburg schools while benefiting from Hanover Park's low taxes, this home offers the best of both communities. An abundance of nearby parks and forest preserves provides plenty of opportunities for outdoor recreation. CVS and Starbucks are within walking distance, and AMITA Health Alexian Brothers Hospital is just 15 minutes away. Ideally situated near shopping, dining, and entertainment in Schaumburg and Hanover Park, with easy access to Metra transportation. Schools are just 5-10 minutes away, and major highways-including the Elgin-O'Hare Expressway, I-290, I-355, Irving Park Road, Lake Street, and Route 59-offer excellent commuting access, placing O'Hare International Airport approximately 30 minutes away.
Full Property Details
Full Property Details for 7214 Farmstead Ln
General
- Price: $419,000
- HOA FEE: $150/month
- Taxes: (2024)
- Status: Active
- Type: Townhouse
- Source: MRED
- MLS ID: 12539095
- Updated: 1/15/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: None
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Open Floorplan, Granite Counters, Separate Dining Room
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Electric
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Water Softener, ENERGY STAR Qualified Appliances
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: School Bus
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Balcony, Lighting
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Hanover Park
- County: Cook
- Township: Schaumburg
- Driving Directions: Wise Rd E of W Irving Park Rd W of Springinsguth Rd to Farmstead Ln N (west north corner)
School Information
- School District: 54
- Elem School District: 54
- Midd School District: 54
- High School District: 211
- Elementary School: Anne Fox Elementary School
- Middle School: Jane Addams Junior High School
- High School: Schaumburg High School
- Private School: Schaumburg High School
Community
- Assoc. Fees Include: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Projades
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Townhouse (2-Story)
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 1,280
- Sq. Ft. Source: Builder
- Year Built: 2023
Unit Information
- Units in Building: 20
Lot Features
- Lot Dimensions: 40 x 30
- Lot Features: Common Grounds, Corner Lot
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $150
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2023
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Special Conditions: List Broker Must Accompany
- Property ID: 7293120920000
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Schools
Schools serving 7214 Farmstead Ln
School Districts:Schaumburg Community Consolidated School District 54, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Anne Fox Elementary School 1035 Parkview Drive, Hanover Park, IL 60133 | PK-6 | 0.5 mi |
Jane Addams Junior High School 700 Springinsguth Road, Schaumburg, IL 60193 | 7-8 | 0.7 mi |
Lincoln Prairie School 500 Hillcrest Boulevard, Hoffman Estates, IL 60169 | K-8 | 4.4 mi |
Schaumburg High School 1100 West Schaumburg Road, Schaumburg, IL 60194 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7214 Farmstead Ln
Date
Details
Price
Change
Source
1/15/2026
Listed
$419,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7214 Farmstead Ln
7214 Farmstead Lane, Hanover Park, IL 60133 (MLS# 12539095) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 7214 Farmstead Lane is currently listed for $419,000 and was received on January 15, 2026. Want to learn more about 7214 Farmstead Lane? Do you have questions about finding other Townhouse real estate for sale in Hanover Park? You can browse all Hanover Park real estate or contact a Coldwell Banker agent to request more information.

