Walk Score measures how walkable an address is based on the distance to nearby amenities. Learn more.
We are striving to build the most accurate database of home facts and value estimates. Please help us identify shortcomings in our data by providing feedback. We read and analyze all feedback.
 
In order to see the history of this home, MLS rules require that you register for free with Homesnap.
Sign In to View History

1001 Summit Drive Schaumburg, IL 60193

$172,260
LOW
$198,000 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$223,740
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$198,000Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
Parking
Garage
Payment Estimate
--
Baths Full
2
Parking Spaces
1
Rent Estimate
$1,310Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Tax Estimate
$4,736Estimated property taxes paid on an annual basis.
Sq Ft
1,700
 HomeScore
65A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
57A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
12/03/2013
Style
--
Last Sale Price
$166,000
Year Built
--

1001 Summit Drive is located in Schaumburg, IL. At this time, the property has an estimated value of $198,000 and yearly taxes of $4,736. This condo has 3 bedrooms, 2 bathrooms, and approximately 1,700 sqft of living space. Similar condos nearby have 3 bedrooms, 2 baths and sell for around $200,000.

Property History

DateEventSourcePrice
7/6/2011Sign InMREDSign In
3/17/2011Sign InMREDSign In
3/17/2011Sign InMREDSign In
5/26/2010Sign InMREDSign In
3/13/2000SoldTax Records$129,000

Schaumburg Market Trends

Check out Schaumburg homes for sale, read the Schaumburg real estate news or review the Schaumburg real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
86
Healthy

194

$275,950

79

3.2

Median Sales Price
$182,000
+8.7%
Sales (30 Days)
60
-31.0%

Schaumburg Public Schools

A child living at 1001 Summit Drive, Schaumburg, IL would typically attend one of the following public schools: Michael Collins Elementary School, Robert Frost Jr High School, or J B Conant High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Schaumburg REAL ESTATE NEWS

A dip in the number of pending transactions in the Schaumburg market over the last 30 days resulted in the lowest amount since last January. While 64 homes went under contract, there were 70 completed... Read More »

Schaumburg has a population that is older than most in Illinois with a median age of 37 years. Also, it's very affluent with a median income of $69,298 per household. Its three largest zip codes are 6... Read More »

With home sales in the Schaumburg market already below average, in this week's report they dropped 11.0% to 81 homes sold over the last 30 days. In comparison, nearby Palatine had 68 sales in the same... Read More »

1001 Summit Drive Map

Ask a local expert about this home:
Homesmart Connect LLC
Snapped 5 homes in this area
Snapped 5 homes in this area
Baird and Warner
Snapped 58 homes in this area

Agents that specialize in this area
3 snaps in this area
8 snaps in this area
5 snaps in this area
1 snap in this area
3 snaps in this area
5 snaps in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.