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$499,000 Just Listed
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Property Description
Beautiful Corner Ranch-style raised home nestled in a quiet Cul-de-Sac featuring 4 bedrooms, 2 bathrooms, and a 1 car garage. The home offers comfortable living spaces and numerous updates throughout. The Living Room, Dining Room, and Family Room feature hardwood floors, while the bedrooms and basement have wood laminate flooring. The basement fireplace is gas and has never been used by the owner. The upstairs fireplace offers both gas and wood-burning options, creating a cozy atmosphere for every season. Numerous improvements have been completed over the years, including a new roof, siding, and gutters in 2019. The front steps, driveway, and rear patio were updated in 2020. The kitchen, bathrooms, and front door were updated in 2023. The furnace was replaced in 2016, the water heater in 2015, and the washer and dryer in 2025. Seller prefers to sell the property in As-Is condition. A wonderful opportunity to make this charming Home Your Own!
Full Property Details
Full Property Details for 500 Redwood Ln
General
- Price: $499,000
- Taxes: $7,479 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12733676
- Updated: 8/16/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Off Site, Attached, Garage
Location
- Area: Schaumburg
- County: Cook
- Township: Schaumburg
- Driving Directions: W Schaumburg Rd to S Salem Dr Then Weathersfield Way to Redwood.
School Information
- School District: 54
- Elem School District: 54
- Midd School District: 54
- High School District: 211
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out Access
- Square Feet: 2,130
- Sq. Ft. Source: Other
- Year Built: 1972
- Built Before 1978: Yes
- Remodeled/Updated: 2019
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 8726
Financial Considerations
- Assessment Year: 1972
- Tax Amount: $7,479
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7282130490000
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Schools
Schools serving 500 Redwood Ln
School Districts:Schaumburg Community Consolidated School District 54, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Everett Dirksen Elementary School 116 West Beech Drive, Schaumburg, IL 60193 | K-6 | 0.6 mi |
Lincoln Prairie School 500 Hillcrest Boulevard, Hoffman Estates, IL 60169 | K-8 | 3 mi |
Robert Frost Junior High School 320 West Wise Road, Schaumburg, IL 60193 | 7-8 | 0.8 mi |
Schaumburg High School 1100 West Schaumburg Road, Schaumburg, IL 60194 | 9-12 | 1 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 500 Redwood Ln
Date
Details
Price
Change
Source
8/14/2026
Listed
$499,000
126.82%
MLS
2/12/2014
Sold
$220,000
—
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 500 Redwood Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,195
—
$36,000
24%
2023
$7,195
4%
$28,999
—
2022
$6,948
4%
$28,999
14%
2021
$6,676
1%
$25,358
—
2020
$6,629
-12%
$25,358
-10%
2019
$7,552
7%
$28,176
20%
2018
$7,055
-2%
$23,507
-4%
2017
$7,234
7%
$24,490
—
2016
$6,765
3%
$24,490
11%
2015
$6,599
14%
$22,057
—
2014
$5,766
-6%
$22,057
-8%
2013
$6,150
-10%
$23,961
-16%
2012
$6,845
—
$28,410
—
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 500 Redwood Ln
500 Redwood Lane, Schaumburg, IL 60193 (MLS# 12733676) is a Single Family property with 4 bedrooms and 2 full bathrooms. 500 Redwood Lane is currently listed for $499,000 and was received on August 14, 2026. Want to learn more about 500 Redwood Lane? 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.

