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$480,000
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Property Description
A Masterfully Renovated Brick Ranch in Prestigious Lancer Park Nestled on a quiet, lined street in the esteemed Lancer Park community, this exceptional all-brick ranch residence at 703 Berkshire Lane is the epitome of timeless sophistication, modern comfort, and functional design. Thoughtfully reimagined with luxurious updates throughout, this home stands as a testament to meticulous craftsmanship, stylish finishes, and a premier Schaumburg location. Set on a beautifully landscaped, fenced-in lot with a private front gate, this residence boasts exceptional curb appeal. A widened concrete driveway provides parking for up to four additional vehicles, leading to an oversized 2.5-car detached garage equipped with an automatic opener, transmitters, and an 8'x20' storage shed- ideal for hobbyists, storage, or a workshop. Step inside and be welcomed by cathedral ceilings, rich hardwood flooring, and an airy, light-filled interior punctuated by three skylights and expansive new Argon-filled, Low-E windows. The entire home has been freshly painted and appointed with LED recessed lighting and elegant crown molding, establishing a bright and refined atmosphere. At the heart of the home lies a truly impressive chef's kitchen, featuring 42-inch custom cabinetry with crown molding, stunning granite countertops, a stylish tile backsplash, newer stainless steel appliances, and a large skylight that bathes the space in natural light. Seamlessly connected to the dining area, this space opens to an expansive 16'x27' covered deck with decorative LED lighting and additional storage access, providing the perfect setting for indoor-outdoor living and year-round entertaining. The spacious living room is designed for both comfort and style, highlighted by newer windows with tranquil views and a built-in stereo system, creating the ultimate ambiance for gatherings or relaxed evenings at home. The main level offers three generously sized bedrooms, including a serene primary suite complete with hardwood flooring, ample closet space, and a beautifully updated private ensuite powder room with decorative tile and modern fixtures. The main full bathroom is equally luxurious, boasting designer tile work, a square rain shower with hand sprayer, Grohe shower and sink valves, and sophisticated LED lighting, including a remote decorative light feature. The Finished Basement expands the home's livability with a spacious recreation room, cozy carpeted flooring, and recessed LED lighting throughout. A fourth bedroom offers privacy and comfort, while a full designer bathroom includes a square rain shower, body sprayers, hand shower, and Grohe valves, elevating everyday routines. Additional highlights include a private office, elevator-style pull-down storage system, newer awning windows, and a generous laundry room featuring a newer washer and dryer, utility sink, and smart under-stair storage. Newer house roofing and AC compressor.Newer flooring on the main level.Through-the-house LED lighting system.Fully fenced backyard oasis with mature landscaping and concrete patio.Modern finishes and smart functionality throughout. Positioned in Schaumburg's tranquil East End, this home offers unparalleled access to beloved local amenities and cultural highlights. Enjoy annual favorites like Septemberfest, the Schaumburg Art Fair, and Summer Breeze Concerts at the Prairie Center for the Arts. Minutes away are scenic destinations such as Volkening Lake, Spring Valley Nature Sanctuary, Bison's Bluff Playground, and the acclaimed Schaumburg Township Library. Families will appreciate inclusion in top-rated District 211 schools, including Michael Collins Elementary, Robert Frost Junior High, and J.B. Conant High School. Conveniently located near major expressways, the Metra, Woodfield Mall, shopping, and dining, this home offers the very best of suburban living. This house is not just a residence but a lifestyle of elegance, ease, and enduring value. Welcome home.
Full Property Details
Full Property Details for 703 Berkshire Ln
General
- Sold For: $480,000
- Taxes: $8,595 (2023)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12377062
- Added to Site: 246 day(s) ago
Interior
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Dishwasher, Refrigerator, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Basement Baths: Yes
- Bathroom Features: European Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 4
- Bedrooms(Blw Grade): 1
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Security Cameras
- Other Features: School Bus Service
Exterior
- Exterior Features: Roof Deck
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Brick Driveway, Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Schaumburg
- County: Cook
- Subdivision: Lancer Park
- Driving Directions: Plum Grove to Lamorak w to Berkshire Left to home
School Information
- School District: 54
- Midd School District: 54
- Elementary School: Michael Collins Elementary Schoo
- Middle School: Robert Frost 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
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Storage Space, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Sub-Flooring: Hardwood
- Square Feet: 1,141
- Sq. Ft. Source: Estimated
- Year Built: 1971
- Built Before 1978: Yes
Manufactured Home
- Model: BARRETT
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.201
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 73 x 127 x 62 x 126
- Fence: Yes
- Lot Features: Landscaped
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1971
- Tax Amount: $8,595.22
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7261120210000
Listed by Exit Realty Redefined
Sold by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 703 Berkshire 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 | 0.3 mi |
Robert Frost Junior High School 320 West Wise Road, Schaumburg, IL 60193 | 7-8 | 1.7 mi |
J B Conant High School 700 East Cougar Trail, Hoffman Estates, IL 60169 | 9-12 | 1.1 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 703 Berkshire Ln
Date
Details
Price
Change
Source
6/16/2025
Sold
$480,000
5.49%
MLS
5/29/2025
Listed
$455,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
703 Berkshire Lane, Schaumburg, IL 60193 (MLS# 12377062) is a Single Family property that was sold at $480,000 on June 16, 2025. Want to learn more about 703 Berkshire 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.

