Don't miss this rare opportunity to own a completely gut-rehabbed home approved by the Village of Schaumburg, situated on an ultra-rare 1.4-acre lot in the highly desirable Meadow Knolls neighborhood. Built with solid concrete construction and a full brick exterior, this home offers exceptional durability and energy efficiency. Virtually everything is new, including plumbing, electrical, HVAC, roof, and windows-providing peace of mind for years to come. The thoughtfully designed interior features over 5,000 square feet of living space, highlighted by a chef's kitchen with a large center island that's perfect for cooking, entertaining, and gathering with family and friends. The walkout basement includes a full bathroom and offers excellent potential for an in-law suite, guest quarters, or additional living space. Families will appreciate access to three highly rated schools, while shopping, dining, and entertainment are all conveniently nearby. Bring your landscaping ideas and make this exceptional property your own. A home of this size, quality, and lot size is a rare find-this one must be seen to be fully appreciated.
Property Features
Parking
Asphalt
Circular Driveway
Garage Door Opener
Attached
Garage
House Interior
In-Law Floorplan
Walk-In Closet(s)
Open Floorplan
Pantry
Heating Information
Natural Gas
Forced Air
Zoned
Cooling Information
Central Air
Zoned
Basement
Finished
Full
Fire Place
Family Room
Wood Burning
Water Features
Well
Garage
1
School Information
School Information for 124 E Monterey Avenue, Schaumburg, IL 60193
Elementary School
Fredrick Nerge Elementary School
Middle School
Margaret Mead Junior High School
High School
J B Conant High School
Listing Courtesy: Devon Realty, Inc. - 773-725-5555
Based on information submitted to the MLS GRID as of 2026-06-24 23:51:12. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-06-24 23:51:12
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008