Condos InSchaumburg, IL

Schaumburg, IL Condo Market Report (In last 12 months)

Avg. List Price

$294,784 ($228/Sqft.)

Year-Over-Year List Price

8.31%

Total Listings

530

Avg. Days on Market

Avg. Sale Price

$286,558 ($224/Sqft.)

Year-Over-Year Sale Price

7.42%

Total Sold

521

Avg. HOA Fees/Sqft.

$6/monthly

Schaumburg, IL Condo Market Overview

Welcome to Schaumburg, a suburban oasis in Illinois where modern convenience meets suburban charm. Nestled just a short drive from Chicago, this vibrant locale offers an appealing blend of affordability and luxury. Dive into the heart of Schaumburg, where the condo market is as diverse as its residents. High-rise developments in the bustling Woodfield area present sleek, contemporary living spaces with panoramic views of cityscapes and natural parks. For those seeking a more tranquil abode, the Market District and its surrounding neighborhoods provide garden-style condos that echo a friendly suburban feel but with an urban edge. Enjoy shopping at Woodfield Mall, dining at the renowned Streets of Woodfield, and exploring the lush landscapes of the Spring Valley Nature Center. Whether you crave the excitement of city life or the comfort of community living, Schaumburg offers an exceptional lifestyle with amenities and attractions around every corner.

Condos For Sale In Schaumburg, IL

Popular Condos Neighborhoods in Schaumburg, IL

Explore Schaumburg, IL Neighborhoods

Schaumburg, nestled in the heart of Illinois, is a vibrant suburb known for its rich blend of commerce, entertainment, and community spirit. Home to the iconic Woodfield Mall, it boasts exceptional shopping, dining, and cultural experiences, while offering a family-friendly environment with beautiful parks and engaging local events.

Frequently Asked Questions About Schaumburg, IL

What is it like to live in Schaumburg?

Schaumburg features a stable real estate market with diverse housing options, including single-family homes and condos. The city boasts convenient access to major highways and public transportation, making it a favorable location for commuters. Schaumburg is known for its high-ranking schools, shopping destinations like Woodfield Mall, and a blend of suburban and urban amenities.

What is it like to live in Schaumburg?

Is Schaumburg expensive?

Schaumburg's cost of living is relatively moderate compared to Chicago, with a mix of housing options including family-friendly suburbs and modern apartments. Real estate prices vary, with areas near Woodfield Mall and the Schaumburg Convention Center typically experiencing higher demand.

Is Schaumburg expensive?

How much is a condo in Schaumburg?

The average price of a condo in Schaumburg ranges from $180,000 to $300,000, with prices influenced by factors such as location within the district and amenities offered. Schaumburg provides a suburban setting with convenient access to highways and shopping areas.

How much is a condo in Schaumburg?

What are the safest neighborhoods in Schaumburg?

Schaumburg is generally considered safe with neighborhoods like Olde Schaumburg Centre and Weathersfield known for low crime rates and a strong sense of community. These areas benefit from well-organized residential planning and access to quality public services.