OFF MARKET

Off Market Jan 2025 for $480K

$614,633

Est. refi paymentEst. refi $3,174/mo

•

—

sq ft

1516 Willow Rd, Schaumburg, IL 60173

About this home

Half acre unique two story four bedroom home in a desirable Lexington Field Estates Subdivision. Two full baths and two powder rooms. Mahogany kitchen cabinets with Corian countertops. Main level spacious family room with gas fireplace. Hardwood floors throughout. Enjoy summer evenings from your private two bedroom balconies overlooking beautiful landscaping. Walk out Lower Level offers recreation room, bedroom as well as your own private office. Oversized two and a half attached garage. This beautiful premium corner lot is secluded in one of the most prestigious subdivisions in Schaumburg. Three private patios surrounded by abundance of privacy. Enjoy serene landscaping views. Country living in the heart of Schaumburg close to restaurants, expressways & Woodfield Mall. ***Walk-out Lower Level Basement *** Motivated Seller *** Bring an Offer***

Single-familyProperty Type

1961Year Built

0.59 acresLot Size

2 car garageParking

Listed by Joe Zivoli • USA Real Estate Ltd.

Bought with Laura Kuzelka • NCK Realty

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12183583

Redfin Estimate

$614,633

$135K since sold in January 2025$21K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.8% higher than the average sale price ($575K) of 4 comparable homes.

SOLD BY REDFIN MAY 27, 2026
$620,000
A
4 beds3 baths2,300 sq ft
720 Preston Ln, Schaumburg, IL 60193
SOLD AUG 17, 2026
$525,000
B
4 beds3 baths2,298 sq ft
511 Wingate Dr, Schaumburg, IL 60193
SOLD DEC 5, 2025
$526,000
C
4 beds3 baths2,100 sq ft
760 Buckeye Dr, Hoffman Estates, IL 60169
SOLD JUN 22, 2026
$630,000
D
4 beds3 baths2,300 sq ft
262 Woodville Ln, Schaumburg, IL 60193

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Earn from this home

Sell

$211,553

Est. take-home

List your home with Redfin and save $3,073

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$3,179/mo

Redfin rental estimate

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Market trends in 60173, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.5%

+0.5% MoM

Median sale price

$437K

$62K MoM

Avg. days on market

62d

0 days MoM

Recently sold homes

3 MoM

New listings for sale

$768,500
4 beds2.5 baths2,774 sq ft
837 Heatherstone Dr, Schaumburg, IL 60173
$164,900
1 bed1 bath900 sq ft
1912 Prairie Sq Unit 303A, Schaumburg, IL 60173
EARLY ACCESS
$979,000
4 beds3.5 baths2,722 sq ft
1339 Beckett Ln, Schaumburg, IL 60173
$449,500
2 beds2 baths1,546 sq ft
1541 Stevens Dr, Schaumburg, IL 60173
$159,000
1 bed1 bath— sq ft
1912 Prairie Sq Unit 314A, Schaumburg, IL 60173
See all

Provided by Redfin

Sale history for 1516 Willow Rd

Date

Event

Price

MRED as Distributed by MLS Grid #12183583

Jan 17, 2025

Sold (MLS) (Closed)

$480,000

Dec 13, 2024

Pending

—

Dec 9, 2024

Contingent (Contingent - Continue to Show)

—

Nov 26, 2024

Relisted (Active)

—

Nov 26, 2024

Contingent (Contingent - Continue to Show)

—

Nov 20, 2024

Relisted (Active)

—

Nov 6, 2024

Contingent (Contingent - Continue to Show)

—

Oct 26, 2024

Price Changed

$499,900

Oct 8, 2024

Listed (Active)

$549,500

MRED as Distributed by MLS Grid #12122594

Oct 8, 2024

Listing Removed

—

Oct 1, 2024

Price Changed

Sep 5, 2024

Price Changed

Aug 1, 2024

Listed (Active)

Public Records

Aug 18, 2008

Sold

$477,500

MRED as Distributed by MLS Grid #06861345

Aug 13, 2008

Listing Removed

—

Aug 12, 2008

Sold (MLS) (Closed Sale)

$477,500

Jun 25, 2008

Contingent

—

Apr 14, 2008

Listed

$525,000

Living in both world of town & country. This wonderful 1/2 acre lot & split level is located in east Schaumburg w/ in the desirable Woodfield Shopping Mall. 3 BR, 2.2 Baths, main level family Rm, walk-out lower level w/ Rec Rm & office / guest Rm. Resurfaced kitchen cabinets w/ corien counter tops. 5 burner stove top, build-in oven, etc. Enjoy the beautiful garden, yet so close to Woodfield shopping & express ways.

Public Records

Jul 12, 2005

Sold

$478,000

Public Records

Jun 7, 1978

Sold

$65,000

Year

Property tax

Land + Additions

Assessment*

2023

$10,365 (+3.1%)

$12,946 + $43,054

$56,000

2022

$10,051 (+6.4%)

$12,946 + $24,054

$37,000

2021

$9,445 (+1.8%)

$12,298 + $18,865

$31,163

2020

$9,283

$12,298 + $18,865

$31,163

2019

$9,281 (+5.1%)

$12,298 + $22,328

$34,626

2018

$8,830 (+1.6%)

$10,356 + $19,066

$29,422

2017

$8,691 (+6.9%)

$10,356 + $19,066

$29,422

2016

$8,127 (+2.0%)

$10,356 + $19,066

$29,422

2015

$7,965 (+1.1%)

$8,414 + $18,211

$26,625

2014

$7,877 (+2.6%)

$8,414 + $18,211

$26,625

2013

$7,676 (−7.8%)

$8,414 + $18,211

$26,625

2012

$8,327 (+4.8%)

$9,709 + $21,818

$31,527

2011

$7,943 (−1.0%)

$9,709 + $21,818

$31,527

2010

$8,023 (−23.9%)

$9,709 + $21,818

$31,527

2009

$10,541 (+18.7%)

$10,356 + $35,647

$46,003

2008

$8,880 (+23.6%)

$16,570 + $31,350

$47,920

2007

$7,182

$16,570 + $31,350

$47,920

Tax history for 1516 Willow Rd

Year

Property tax

Land + Additions

Assessment*

2023

$10,365 (+3.1%)

$12,946 + $43,054

$56,000

2022

$10,051 (+6.4%)

$12,946 + $24,054

$37,000

2021

$9,445 (+1.8%)

$12,298 + $18,865

$31,163

2020

$9,283

$12,298 + $18,865

$31,163

2019

$9,281 (+5.1%)

$12,298 + $22,328

$34,626

2018

$8,830 (+1.6%)

$10,356 + $19,066

$29,422

2017

$8,691 (+6.9%)

$10,356 + $19,066

$29,422

2016

$8,127 (+2.0%)

$10,356 + $19,066

$29,422

2015

$7,965 (+1.1%)

$8,414 + $18,211

$26,625

2014

$7,877 (+2.6%)

$8,414 + $18,211

$26,625

2013

$7,676 (−7.8%)

$8,414 + $18,211

$26,625

2012

$8,327 (+4.8%)

$9,709 + $21,818

$31,527

2011

$7,943 (−1.0%)

$9,709 + $21,818

$31,527

2010

$8,023 (−23.9%)

$9,709 + $21,818

$31,527

2009

$10,541 (+18.7%)

$10,356 + $35,647

$46,003

2008

$8,880 (+23.6%)

$16,570 + $31,350

$47,920

2007

$7,182

$16,570 + $31,350

$47,920

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

2.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.59 Acres

Year renovated

—

Sq. Ft.

2,116

Year built

1960

Style

Single Family Residential

County

Cook County

APN

07241010190000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

R-4

Large Lot Single-Family Residence District

The R-4 large lot single-family residence district is intended to provide for a relatively spacious single-family environment with homes on approximately one-half acre lots. To protect the character of the district, permitted activities are limited to single-family dwellings and certain specified agricultural, cultural, education, religious and public uses. All commercial activities are prohibited in the R-4 zoning district.

Permitted uses

Include but are not limited to:

Healthcare
Housing-Single unit
Housing-Student
Infrastructure
Educational/school
Recreation
Communications tower

Property details

Parking

Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)
Driveway: Concrete

Interior

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 2
Basement Bathrooms (Y/N): Yes

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4

Room Information
Room Type: Office
Level: Lower
Dimensions: 11 x 12
Flooring: Carpet

Room Information
Room Type: Recreation Room
Level: Lower
Dimensions: 22 x 13
Flooring: Carpet

Room Information
Room Type: Foyer
Level: Main
Dimensions: 6 x 5
Flooring: Hardwood

Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 15 x 11
Window Treatments: All
Flooring: Hardwood

Room Information
Room Type: Bedroom 3
Level: Second
Dimensions: 17 x 11
Window Treatments: All
Flooring: Hardwood

Room Information
Room Type: Bedroom 4
Level: Lower
Dimensions: 12 x 12
Flooring: Carpet

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 11 x 11
Flooring: Hardwood

Room Information
Room Type: Family Room
Level: Main
Dimensions: 18 x 11
Flooring: Hardwood

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 18 x 11
Flooring: Hardwood

Room Information
Room Type: Laundry
Level: Lower
Dimensions: 14 x 12

Room Information
Room Type: Living Room
Level: Main
Dimensions: 22 x 13
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 14 x 12
Flooring: Hardwood
Bath: Full

Additional Rooms Information
Attic: Unfinished
Basement: Walkout
Basement Description: Partially Finished,Exterior Access,Walk-Up Access

Interior Features
Interior Features: Hardwood Floors, Walk-In Closet(s)
# of Rooms: 10

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Ceiling Fan(s)

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Family Room
Fireplace Features: Gas Starter

Exterior

Exterior Features
Exterior Features: Balcony, Patio, Storms/Screens

Building Information
Living Area Source: Not Reported
Exterior Building Type: Vinyl Siding,Brick
Age: 61-70 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter

Property Information
Property Type: Detached Single
Property Type: Multi-Level
Model: TRI LEVEL
Ownership: Fee Simple
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 07241010190000

Lot Information
Dimensions: 185X82X150X114X125
Lot Size: .50-.99 Acre
Lot Features: Corner Lot, Irregular Lot, Landscaped

Financial

Tax Information
Tax Annual Amount: $10,050
Tax Year: 2023

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Electric: 100 Amp Service

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Community Features: Curbs, Street Paved

Homeowners Association Information
Master Association Fee Frequency: Not Required

School Information
Elementary School District: 54
Elementary School: Fairview Elementary School
Middle Or Junior School District: 54
Middle Or Junior School: Margaret Mead Junior High School
High School District: 211
High School: J B Conant High School

Location Information
Subdivision Name: Lexington Fields Estates
Township: Schaumburg
Corporate Limits: Schaumburg
Directions: Meacham South of 72 to Willow East to Home.

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 2,116
Stories: 1.5
Lot Size: 0.59 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: Cook County
APN: 07241010190000

Home facts updated by county records on Sep 14, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

Fairview Elementary School

Public K-6 • Assigned • 1.5mi

8/10

Margaret Mead Junior High School

Public 7-8 • Assigned • 1.9mi

9/10

J B Conant High School

Public 9-12 • Assigned • 1.1mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Schaumburg, IL • 60173

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$584,000 – $707,000

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New listings for sale in 60173

$768,500

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837 Heatherstone Dr, Schaumburg, IL 60173

$164,900

1 bed1 bath900 sq ft

1912 Prairie Sq Unit 303A, Schaumburg, IL 60173

EARLY ACCESS@PROPERTIES COMING SOON

$979,000

4 beds3.5 baths2,722 sq ft

1339 Beckett Ln, Schaumburg, IL 60173

$449,500

2 beds2 baths1,546 sq ft

1541 Stevens Dr, Schaumburg, IL 60173

$159,000

1 bed1 bath— sq ft

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Home values near 1516 Willow Rd

Data from public records.

Address	Redfin Estimate
1524 Willow Rd, Schaumburg, IL 4 Beds \| 3 Baths \| 1600 Sq. Ft.	$444,810
1492 Willow Rd, Schaumburg, IL 5 Beds \| 5.5 Baths \| 5412 Sq. Ft.	$1,456,543

Address	Redfin Estimate
1508 Willow Rd, Schaumburg, IL 3 Beds \| 2 Baths \| 1800 Sq. Ft.	—
1525 Lexington Cir, Schaumburg, IL 4 Beds \| 3.5 Baths \| 4100 Sq. Ft.	$1,116,347

Address	Redfin Estimate
1500 Willow Rd, Schaumburg, IL 4 Beds \| 2.5 Baths \| 2450 Sq. Ft.	$732,990
1527 Lexington Cir, Schaumburg, IL 5 Beds \| 3.5 Baths \| 3460 Sq. Ft.	$1,260,749

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60173, IL

Sale history for 1516 Willow Rd

Tax history for 1516 Willow Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60173

Home values near 1516 Willow Rd

More real estate resources