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$480,000
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Property Description
FIVE BEDROOMS, EXTENSIVE UPDATES & A SPACIOUS YARD! Welcome to 2503 School Drive in Rolling Meadows! Offering an exceptional combination of space, versatility, and valuable updates, this spacious raised ranch features 5 bedrooms, 2 full bathrooms, and an attached 2.5-car garage-a rare find with room to grow, work, entertain, and enjoy. A standout feature is the large, private, fenced backyard, offering plenty of room for outdoor entertaining, summer barbecues, gardening, pets, and play. Major exterior improvements include a new roof, siding and gutters (with gutter guards) in 2021. New windows in 2023. An updated furnace and air conditioning in 2023, and new water heater in 2024 add even more value and peace of mind. Inside, the upper level welcomes you with hardwood floors throughout, three generously sized bedrooms, a full bathroom, a spacious living room, and a separate dining room. The updated kitchen features granite countertops, abundant cabinetry, stainless steel appliances, and a convenient breakfast bar-creating a functional space for everyday living and gathering with family and friends. New gas range and dishwasher in 2023, and new washer and gas dryer in 2022. The versatile lower level expands your living space with two additional bedrooms, a full bathroom, and an oversized family room featuring a cozy gas fireplace. A separate laundry and utility room adds everyday convenience. Enjoy an outstanding location close to everything! Kimball Hill Elementary School is just two blocks away, with Florey Park and Kimball Hill Park nearby. The Arlington Park Metra station is minutes away, with convenient access to Routes 53 and 90 and a wide variety of restaurants, shopping, and entertainment in Rolling Meadows, Arlington Heights, and Schaumburg within easy reach. With five bedrooms, generous living space, a large backyard, and significant updates already completed, this home offers an outstanding opportunity to enjoy comfort, convenience, and versatility in a desirable Rolling Meadows neighborhood.
Full Property Details
Full Property Details for 2503 School Dr
General
- Price: $480,000
- Taxes: $8,178 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12792328
- Updated: 11/1/2026
- Added to Site: 10 day(s) ago
Rental Information
- Complex Features: Park, Lake, Sidewalks, Street Lights, Street Paved
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: Commuter Train
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Rolling Meadows
- County: Cook
- Township: Palatine
- Subdivision: Kimball Hill
- Driving Directions: Campbell to School Drive- South to home.
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 214
- Elementary School: Kimball Hill Elementary School
- Middle School: Carl Sandburg Middle School
- High School: Rolling Meadows High School
- Private School: Rolling Meadows High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Step Ranch, Raised Ranch
- Architectural Style: Step Ranch, Raised Ranch
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: None
- Roof: Asphalt
- Windows: Screens
- Sub-Flooring: Hardwood
- Square Feet: 1,884
- Sq. Ft. Source: Other
- Year Built: 1964
- Built Before 1978: Yes
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.2702
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 65 x 170
- Fence: Yes
- Lot Features: Wooded
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1964
- Tax Amount: $8,178
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2253080220000
Listed by Gen Z Realty LLC
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Schools
Schools serving 2503 School Dr
School Districts:Palatine Community Consolidated School District 15, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Kimball Hill Elementary School 2905 Meadow Drive, Rolling Meadows, IL 60008 | K-5 | 0.2 mi |
Carl Sandburg Jr High School 2600 Martin Lane, Rolling Meadows, IL 60008 | 6-8 | 0.6 mi |
Rolling Meadows High School 2901 Central Road, Rolling Meadows, IL 60008 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2503 School Dr
Date
Details
Price
Change
Source
10/22/2026
Listed
$480,000
64.95%
MLS
4/14/2020
Sold
$291,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2503 School Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,178
—
$33,001
10%
2023
$8,178
-7%
$29,999
—
2022
$8,805
12%
$29,999
27%
2021
$7,845
18%
$23,688
—
2020
$6,657
-1%
$23,688
-10%
2019
$6,702
-5%
$26,467
5%
2018
$7,018
-12%
$25,104
—
2017
$7,966
19%
$25,104
—
2016
$6,683
37%
$25,104
39%
2015
$4,867
2%
$18,080
—
2014
$4,767
-15%
$18,080
-15%
2013
$5,607
13%
$21,320
2%
2012
$4,970
—
$20,930
—
Disclaimer: Historical tax 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 2503 School Dr
2503 School Drive, Rolling Meadows, IL 60008 (MLS# 12792328) is a Single Family property with 5 bedrooms and 2 full bathrooms. 2503 School Drive is currently listed for $480,000 and was received on October 22, 2026. Want to learn more about 2503 School Drive? Do you have questions about finding other Single Family real estate for sale in Rolling Meadows? You can browse all Rolling Meadows real estate or contact a Coldwell Banker agent to request more information.

