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$810,000
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Property Description
Come check out this unique opportunity to own an arm-chair, multi-family investment property! It is comprised of 6-units, (3) 2-beds / 1-bath & (3) 1-beds / 1-bath. Each unit has in-unit washer & dryer and a dishwasher! The association is an all encompassing association that covers most utilities (water, gas, common area electric), parking lot maintenance, trash & snow removal. The association maintains the roof, boiler, siding, windows, interior common areas. Landlords responsibility are limited to the interior of the units and leasing. Each unit is allowed 2-parking spaces. Very well-maintained property! Please reach out to the listing agent for the full offering memorandum. IMPORTANT TO NOTE -- There is the ability to purchase the neighboring building 2384 Good Speed Lane, Schaumburg, IL -- MLS ID 12208022 as a portfolio!
Full Property Details
Full Property Details for 2396 Good Speed Ln
General
- Sold For: $810,000
- Taxes: $15,084 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12207955
- Added to Site: 465 day(s) ago
Location
- Area: Schaumburg
- County: Cook
- Driving Directions: Along the east side of Good Speed Lane, north of Bode Road, east of North Barrington Road and south of West Golf Road.
Community
- Assoc. Fees Include: Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 3
- Year Built: 1979
Lot Features
- Lot Dimensions: PER SURVEY
Financial Considerations
- Operating Expenses: $39,621
- Assessment Year: 1979
- Tax Amount: $15,084.86
- Tax Year: 2023
Disclosures and Reports
- Property ID: 7182000221163
Listed and Sold by Horvath & Tremblay IL, LLC
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Schools
Schools serving 2396 Good Speed Ln
School Districts:Schaumburg Community Consolidated School District 54, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Elizabeth Blackwell Elementary School 345 North Walnut Lane, Schaumburg, IL 60194 | PK-6 | 0.7 mi |
Dwight D Eisenhower Junior High School 800 Hassell Road, Hoffman Estates, IL 60169 | 7-8 | 2.6 mi |
Hoffman Estates High School 1100 West Higgins Road, Hoffman Estates, IL 60169 | 9-12 | 1.8 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 2396 Good Speed Ln
Date
Details
Price
Change
Source
5/07/2025
Sold
$810,000
-11.96%
MLS
1/04/2025
Price Reduced
$920,000
-1.6%
MLS
11/07/2024
Listed
$935,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2396 Good Speed Lane, Schaumburg, IL 60194 (MLS# 12207955) is a Commercial property that was sold at $810,000 on May 07, 2025. Want to learn more about 2396 Good Speed Lane? Do you have questions about finding other Commercial real estate for sale in Schaumburg? You can browse all Schaumburg real estate or contact a Coldwell Banker agent to request more information.

