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$460,000
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Property Description
You will not want to miss this amazing split level in the coveted Lancer Park subdivision! This wonderfully thought out floorplan flows perfectly for today's style of living. Upon entry, a formal foyer with coat closet greets you to create a proper drop zone. Then you are welcomed in by the oversized picture windows, making the spacious living room an inviting place to call home including open sightlines to the perfectly situated dining room. The remodeled and open kitchen flows seamlessly, allowing for the best gatherings and entertaining space! The kitchen features beautiful wood cabinetry, granite tops and Stainless Steel appliances and leaves you with nothing to do but enjoy! Gorgeous hardwood floors and stairs lead you to the bedroom level with 3 generously sized bedrooms (all with hardwood floors!) and closets plus a jack and jill bathroom for maximum convenience and privacy. Downstairs, you have the perfect retreat with a huge walk out family room which is flooded with sunlight, leading directly to your brick paver patio & backyard; additional full bath plus bonus room/extra storage give this living level so many options. The unexpected workshop area is a rare find and is enclosed and attached to the 2.5 car garage making this the perfect place for tools and a workbench, crafts for the family, space for the car junkie, or simply even more storage! Unbeatable location with multiple parks nearby, Spring Valley Nature Center, Volkening Lake, minutes from Woodfield Mall, shopping, restaurants and train station PLUS award winning schools including District 211! Home being sold AS-IS
Full Property Details
Full Property Details for 701 Preston Ln
General
- Sold For: $460,000
- Taxes: $7,876 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12583510
Interior
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Attached, Garage
Location
- Area: Schaumburg
- County: Cook
- Subdivision: Lancer Park
- Driving Directions: SCHAUMBURG ROAD TO SOUTH PLUM GROVE ROAD, TURN RIGHT, GO WEST TO WEATHERSFIELD WAY, TURN RIGHT ONTO PRESTON LANE
School Information
- School District: 54
- Midd School District: 54
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: Finished, Exterior Entry, Walk-Out Access
- Sq. Ft. Source: Not Reported
- Year Built: 1969
- Built Before 1978: Yes
Additional Structures
- Other Structures: Workshop
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 125 x 94 x 125 x 58
Financial Considerations
- Assessment Year: 1969
- Tax Amount: $7,876.71
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7261090120000
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Schools
Schools serving 701 Preston Ln
School Districts:Schaumburg Community Consolidated School District 54, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Michael Collins Elementary School 407 Summit Drive, Schaumburg, IL 60193 | PK-6 | 0.4 mi |
Lincoln Prairie School 500 Hillcrest Boulevard, Hoffman Estates, IL 60169 | K-8 | 3.3 mi |
Robert Frost Junior High School 320 West Wise Road, Schaumburg, IL 60193 | 7-8 | 1.6 mi |
J B Conant High School 700 East Cougar Trail, Hoffman Estates, IL 60169 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
701 Preston Lane, Schaumburg, IL 60193 (MLS# 12583510) is a Single Family property that was sold at $460,000 on April 29, 2026. This property was listed by The DelGreco Team from our Lincoln Park Office.Want to learn more about 701 Preston 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.


