Welcome to 502 Rambler Lane in Hanover Park! This charming home offers incredible potential and unbeatable value in today's market! Featuring 3 comfortable bedrooms, 1 full bath, and a spacious finished walkout basement with a family room, this property is perfect for anyone looking for an affordable move-in-ready home or a smart investment opportunity. The home has been freshly painted inside and out, including a newly painted deck-ready for your outdoor gatherings. You'll also love the detached 2-car garage, providing plenty of parking and storage space. Bring your creative ideas and make this home truly your own! Whether you're a first-time buyer, a downsizer, or an investor searching for a solid property with great potential, this is the one! Conveniently located near schools, parks, shopping, and major highways, 502 Rambler Lane is a great find at a fantastic price. Property sold AS-IS. Don't miss your chance-schedule your showing today and make this home yours before it's gone!
SPACIOUS RAISED RANCH WITH PLENTY OF LIVING SPACE IN A GREAT NEIGHBORHOOD. NEEDS SOME TLC BUT LOTS OF POTENTIAL HERE, BRING YOUR CREATIVE IDEAS. ROOF & SIDING INSTALLED IN 2010, FURNACE, AIR CONDITION & HOT WATER HEATER IN 2006. WALK OUT BASEMENT AND OVERSIZE 2 CAR GARAGE. HOME SOLD AS-IS. TAKE A LOOK.
Year
Property tax
Land + Additions
Assessment*
2023
$5,246 (+195.0%)
$3,370 + $19,629
$22,999
2022
$1,778 (−15.7%)
$3,370 + $19,629
$22,999
2021
$2,110 (+9.2%)
$2,359 + $14,300
$16,659
2020
$1,933 (+1.7%)
$2,359 + $14,300
$16,659
2019
$1,899 (−53.5%)
$2,359 + $16,359
$18,718
2018
$4,082 (+24.1%)
$2,022 + $16,439
$18,461
2017
$3,289 (−45.0%)
$2,022 + $16,439
$18,461
2016
$5,980 (+93.5%)
$2,022 + $16,439
$18,461
2015
$3,090 (+13.5%)
$1,853 + $11,388
$13,241
2014
$2,723 (+31.8%)
$1,853 + $11,388
$13,241
2013
$2,066 (−37.8%)
$1,853 + $11,388
$13,241
2012
$3,319 (−19.4%)
$2,190 + $13,696
$15,886
2011
$4,118 (−21.3%)
$2,190 + $16,707
$18,897
2010
$5,232 (+54.5%)
$2,190 + $16,707
$18,897
2009
$3,386 (+12.5%)
$2,359 + $18,463
$20,822
2008
$3,009 (+3.0%)
$3,774 + $18,616
$22,390
2007
$2,921
$3,774 + $18,616
$22,390
Tax history for 502 Rambler Ln
Year
Property tax
Land + Additions
Assessment*
2023
$5,246 (+195.0%)
$3,370 + $19,629
$22,999
2022
$1,778 (−15.7%)
$3,370 + $19,629
$22,999
2021
$2,110 (+9.2%)
$2,359 + $14,300
$16,659
2020
$1,933 (+1.7%)
$2,359 + $14,300
$16,659
2019
$1,899 (−53.5%)
$2,359 + $16,359
$18,718
2018
$4,082 (+24.1%)
$2,022 + $16,439
$18,461
2017
$3,289 (−45.0%)
$2,022 + $16,439
$18,461
2016
$5,980 (+93.5%)
$2,022 + $16,439
$18,461
2015
$3,090 (+13.5%)
$1,853 + $11,388
$13,241
2014
$2,723 (+31.8%)
$1,853 + $11,388
$13,241
2013
$2,066 (−37.8%)
$1,853 + $11,388
$13,241
2012
$3,319 (−19.4%)
$2,190 + $13,696
$15,886
2011
$4,118 (−21.3%)
$2,190 + $16,707
$18,897
2010
$5,232 (+54.5%)
$2,190 + $16,707
$18,897
2009
$3,386 (+12.5%)
$2,359 + $18,463
$20,822
2008
$3,009 (+3.0%)
$3,774 + $18,616
$22,390
2007
$2,921
$3,774 + $18,616
$22,390
*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
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,741 Sq. Ft.
Year renovated
—
Sq. Ft.
986
Year built
1967
Style
Single Family Residential
County
Cook County
APN
06234060250000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2026.
R-3
Single-Family Residence District
The purpose of the R-3 single-family residence district is to provide for a district which allows for an affordable single- family home in a well planned environment. This district is designed to accommodate the older sections of Streamwood.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Apr 27, 2011 • Final
Siding
Remodel
Apr 14, 2011 • Final
Roof permit (residential)
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking Features: Garage Owned, Detached, Garage
Interior
Bathroom Information
# of Baths (Full): 1
Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3
Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 12 x 9
Flooring: Carpet
Room Information
Room Type: Bedroom 3
Level: Second
Dimensions: 10 x 9
Flooring: Carpet
Room Information
Room Type: Bedroom 4
Room Information
Room Type: Dining Room
Level: Second
Dimensions: COMBO
Room Information
Room Type: Family Room
Level: Basement
Dimensions: 23 x 15
Window Treatments: None
Flooring: Other
Room Information
Room Type: Kitchen
Level: Second
Dimensions: 12 x 10
Window Treatments: None
Flooring: Other
Room Information
Room Type: Laundry
Level: Lower
Dimensions: 13 x 11
Flooring: Other
Room Information
Room Type: Living Room
Level: Second
Dimensions: 15 x 11
Window Treatments: None
Flooring: Other
Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 11 x 11
Window Treatments: None
Flooring: Carpet
Bath: None
Additional Rooms Information
Basement: Finished, Full, Walk-Out Access
Interior Features
# of Rooms: 7
Equipment
Appliances: Range, Refrigerator, Washer, Dryer
Exterior
Exterior Features
Patio And Porch Features: Deck
Building Information
Living Area Source: Estimated
Age: 51-60 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Construction Materials: Frame
Property Information
Property Type: Detached Single
Property Type: Raised Ranch
Ownership: Fee Simple
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 06234060250000
Lot Information
Dimensions: 57X106
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $5,246.11
Tax Year: 2023
Tax Exemptions: Homeowner,Senior
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air
Location
Homeowners Association Information
Master Association Fee Frequency: Not Required
School Information
Elementary School District: 46
Middle Or Junior School District: 46
High School District: 46
Location Information
Subdivision Name: Woodland Heights
Township: Hanover
Corporate Limits: Streamwood
Directions: SCHAUMBURG RD TO PARK BLVD SOUTH, WOODLAND HEIGHTS EAST TO RAMBLER NORTH TO HOME.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 986
Stories: 1.0
Lot Size: 6,741 square feet
Style: Single Family Residential
Year Built: 1967
Year Renovated: —
County: Cook County
APN: 06234060250000
Home facts updated by county records on Jul 12, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Teams Information
Buyer Team Name: The Space Finder Team
Around this home
Schools
Ridge Circle Elementary School
Public K-6 • Assigned • 0.3mi
5/10
Canton Middle School
Public 7-8 • Assigned • 0.5mi
4/10
Streamwood High School
Public 9-12 • Assigned • 1.8mi
3/10
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 102° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Streamwood, IL • 60107
Average low and high temperatures (°F)
28
14
37
20
55
33
61
43
69
49
81
63
84
67
81
63
79
57
67
47
49
36
35
22
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
$351,000 – $425,000
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