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$297,500

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 1,202 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago

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This end unit ranch style townhome is ready for immediate occupancy. Wood laminate flooring throughout. Living offers fireplace. Sliding glass doors off of dining area. 2 bedrooms. 1 bath with double sinks and ceramic tile flooring. 1 car attached garage. Furnace and A/C approximately 2019. Townhome has extra yard space and backs to park area that is great for family fun. Close to shopping and expressways.

Full Property Details for 1022 Colony Lake Dr

General

  • Price: $297,500
  • HOA FEE: $185/month
  • Taxes: $5,819 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: MRED
  • MLS ID: 12637829
  • Updated: 5/31/2026
  • Added to Site: 30 day(s) ago

Interior

  • Basement: None
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Gas Starter
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: None

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Yes, Garage Owned, Attached, Garage

Location

  • Area: Schaumburg
  • County: Cook
  • Township: Schaumburg
  • Subdivision: Colony Lake
  • Driving Directions: Salem South of Golf to Colony Lake West

School Information

  • School District: 54
  • Elem School District: 54
  • Midd School District: 54
  • High School District: 211
  • Elementary School: Hoover Math & Science Academy
  • Middle School: Eisenhower Junior High School
  • High School: Hoffman Estates High School
  • Private School: Hoffman Estates High School

Community

  • Assoc. Fees Include: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: McGill Management

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 (Ranch)
  • Construction: Aluminum Siding, Stone
  • Exterior Const.: Aluminum Siding, Stone
  • Basement Desc.: None
  • Sub-Flooring: Laminate
  • Entry Floor Number: 1
  • Stories/Levels: 1
  • Square Feet: 1,202
  • Sq. Ft. Source: Assessor
  • Year Built: 1978

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Dimensions: common

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $185
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1978
  • Tax Amount: $5,819.45
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 7161060310000
Buyer's Brokerage Compensation: Contact Listing Agent
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Schools serving 1022 Colony Lake Dr

School Districts:Schaumburg Community Consolidated School District 54, Township High School District 211
NameGradesDistance
Hoover Math And Science Academy
315 North Springinsguth Road, Schaumburg, IL 60194
K-61.2 mi
Lincoln Prairie School
500 Hillcrest Boulevard, Hoffman Estates, IL 60169
K-81.3 mi
Dwight D Eisenhower Junior High School
800 Hassell Road, Hoffman Estates, IL 60169
7-81.3 mi
Hoffman Estates High School
1100 West Higgins Road, Hoffman Estates, IL 60169
9-120.6 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 1022 Colony Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/03/2026
Listed
$297,500
35.23%
MLS
2/15/2022
Sold
$220,000
—
Public Record
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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 for 1022 Colony Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,603
—
$25,000
25%
2023
$5,603
49%
$20,001
—
2022
$3,761
12%
$20,001
17%
2021
$3,349
-2%
$17,044
—
2020
$3,414
—
$17,044
-10%
2019
$3,422
-8%
$18,938
2%
2018
$3,700
1%
$18,513
—
2017
$3,674
-7%
$18,513
—
2016
$3,931
21%
$18,513
21%
2015
$3,242
—
$15,333
—
2014
$3,234
-27%
$15,333
—
2013
$4,421
41%
$15,333
-5%
2012
$3,137
—
$16,156
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1022 Colony Lake Drive, Schaumburg, IL 60194 (MLS# 12637829) is a Townhouse property with 2 bedrooms and 1 full bathroom. 1022 Colony Lake Drive is currently listed for $297,500 and was received on May 03, 2026. This property is listed by Laura Majikes from our Northwest Office.Want to learn more about 1022 Colony Lake Drive? Do you have questions about finding other Townhouse real estate for sale in Schaumburg? You can browse all Schaumburg real estate or contact a Coldwell Banker agent to request more information.

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