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$1,099,000

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 4 Full Baths
  • 5,703 Sq. Ft.
  • 2 Car Garage
  • Updated 2 days ago
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Don't miss this rare opportunity to own a completely gut-rehabbed home approved by the Village of Schaumburg, situated on an ultra-rare 1.4-acre lot in the highly desirable Meadow Knolls neighborhood. Built with solid concrete construction and a full brick exterior, this home offers exceptional durability and energy efficiency. Virtually everything is new, including plumbing, electrical, HVAC, roof, and windows-providing peace of mind for years to come. The thoughtfully designed interior features over 5,000 square feet of living space, highlighted by a chef's kitchen with a large center island that's perfect for cooking, entertaining, and gathering with family and friends. The walkout basement includes a full bathroom and offers excellent potential for an in-law suite, guest quarters, or additional living space. Families will appreciate access to three highly rated schools, while shopping, dining, and entertainment are all conveniently nearby. Bring your landscaping ideas and make this exceptional property your own. A home of this size, quality, and lot size is a rare find-this one must be seen to be fully appreciated.

Full Property Details for 124 E Monterey Ave

General

  • Price: $1,099,000
  • Taxes: $16,702 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12582832
  • Updated: 6/25/2026
  • Added to Site: 14 day(s) ago

Interior

  • Basement: Finished, F
  • Interior Features: 1st-Floor Bedroom, In-Law Floorplan, 1st-Floor Bath, Walk-In Closet(s), Open Floorplan, Separate Dining Room, Pantry, Quartz Counters
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Family Room, Basement, Wood-Burning
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Baths: Yes
  • Bathroom Features: Whirlpool, Separate Shower, Double Sink, Double Shower

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Asphalt, Circular Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Schaumburg
  • County: Cook
  • Township: Schaumburg
  • Driving Directions: Roselle Rd. South of Wise Rd. Make left on Monterey. On the NE corner of Laurel & Monterey

School Information

  • School District: 54
  • Elem School District: 54
  • Midd School District: 54
  • High School District: 211
  • Elementary School: Fredrick Nerge Elementary School
  • Middle School: Margaret Mead Junior High School
  • High School: J B Conant High School
  • Private School: J B Conant High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Zoned
  • Heating Type: Natural Gas, Forced Air, Zoned

Utilities

  • Sewer: Public Sewer
  • Water: Well

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Sub-Flooring: Hardwood
  • Square Feet: 5,703
  • Sq. Ft. Source: Estimated
  • Year Built: 1962
  • Built Before 1978: Yes
  • Remodeled/Updated: 2025

Lot Features

  • Lot Size (Acres): 1.43
  • Lot Size Range: .50 to .99 Acre
  • Lot Dimensions: 259 x 166 x 216 x 177

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1962
  • Tax Amount: $16,702.25
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 7342160130000

Listed by Devon Realty, Inc.

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— 124 E Monterey Ave —

  • Devon Realty, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 124 E Monterey Ave

School Districts:Schaumburg Community Consolidated School District 54, Township High School District 211
NameGradesDistance
Frederick Nerge Elementary School
660 Woodfield Trail, Roselle, IL 60172
K-60.6 mi
Lincoln Prairie School
500 Hillcrest Boulevard, Hoffman Estates, IL 60169
K-84.1 mi
Margaret Mead Junior High School
1765 Biesterfield Road, Elk Grove Village, IL 60007
7-81.3 mi
J B Conant High School
700 East Cougar Trail, Hoffman Estates, IL 60169
9-122.4 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 124 E Monterey Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,099,000
233.03%
MLS
3/06/2018
Sold
$330,000
—
Public Record
Get Price Alerts and Save Property
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 124 E Monterey Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,042
—
$58,893
161%
2023
$3,042
22%
$22,572
100%
2022
$2,498
-61%
$11,281
-54%
2021
$6,361
8%
$24,316
—
2020
$5,898
4%
$24,316
—
2019
$5,690
-29%
$24,316
-14%
2018
$8,011
-3%
$28,410
-4%
2017
$8,259
1%
$29,647
—
2016
$8,189
3%
$29,647
11%
2015
$7,961
1%
$26,611
—
2014
$7,874
17%
$26,611
—
2013
$6,752
37%
$26,611
-7%
2012
$4,920
—
$28,635
—
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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124 E Monterey Avenue, Schaumburg, IL 60193 (MLS# 12582832) is a Single Family property with 6 bedrooms and 4 full bathrooms. 124 E Monterey Avenue is currently listed for $1,099,000 and was received on June 19, 2026. Want to learn more about 124 E Monterey Avenue? Do you have questions about finding other Single Family 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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