1140 E Higgins Rd Schaumburg, IL 60173
Woodfield NeighborhoodEstimated Value: $3,003,656
Studio
--
Bath
--
Sq Ft
60,548
Sq Ft Lot
About This Home
This home is located at 1140 E Higgins Rd, Schaumburg, IL 60173 and is currently estimated at $3,003,656. 1140 E Higgins Rd is a home located in Cook County with nearby schools including Fairview Elementary School, Helen Keller Junior High School, and J B Conant High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 2025
Sold by
Klt Schaumburg Llc
Bought by
Universal Vision Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,450,000
Interest Rate
6.74%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 5, 2011
Sold by
Mc Cormick & Schmick Restaurant Corp
Bought by
Klt Schaumburg Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 24, 2006
Sold by
Damons Restaurants Of America Inc
Bought by
Mccormick & Schmicks Restaurant Corp
Purchase Details
Closed on
Apr 4, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Western Springs National Bank & Trust and Trust #3578
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Universal Vision Properties Llc | $3,037,000 | Equity Settlement Services | |
| Klt Schaumburg Llc | $1,800,000 | Cti | |
| Mccormick & Schmicks Restaurant Corp | $2,800,000 | None Available | |
| Western Springs National Bank & Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Universal Vision Properties Llc | $4,450,000 | |
| Previous Owner | Klt Schaumburg Llc | $1,800,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $108,912 | $375,251 | $273,236 | $102,015 |
| 2024 | $108,912 | $388,801 | $212,517 | $176,284 |
| 2023 | $74,488 | $418,584 | $212,517 | $206,067 |
| 2022 | $74,488 | $274,216 | $212,517 | $61,699 |
| 2021 | $81,077 | $267,500 | $212,516 | $54,984 |
| 2020 | $79,681 | $267,500 | $212,516 | $54,984 |
| 2019 | $83,541 | $311,675 | $212,516 | $99,159 |
| 2018 | $85,520 | $284,960 | $144,207 | $140,753 |
| 2017 | $84,172 | $284,960 | $144,207 | $140,753 |
| 2016 | $78,714 | $284,960 | $144,207 | $140,753 |
| 2015 | $79,279 | $264,999 | $129,027 | $135,972 |
| 2014 | $78,409 | $264,999 | $129,027 | $135,972 |
| 2013 | $76,401 | $264,999 | $129,027 | $135,972 |
Source: Public Records
Map
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