NOT LISTED FOR SALE

388 N Walnut Ln Schaumburg, IL 60194

West Schaumburg Neighborhood

Estimated Value: $477,603 - $509,000

3 Beds
3 Baths
1,840 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 388 N Walnut Ln, Schaumburg, IL 60194 and is currently estimated at $498,151, approximately $270 per square foot. 388 N Walnut Ln is a home located in Cook County with nearby schools including Elizabeth Blackwell Elementary School, Jane Addams Junior High School, and Schaumburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Strass Kenneth F and Strass Norma J
Bought by
Kenneth F Strass Jr Trust and Norma J Strass Trust
Current Estimated Value
$498,151
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kenneth F Strass Jr Trust -- None Listed On Document
Source: Public Records

Tax History Compared to Growth

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
2024 $8,133 $35,000 $6,175 $28,825
2023 $7,835 $35,000 $6,175 $28,825
2022 $7,835 $35,000 $6,175 $28,825
2021 $7,308 $30,105 $4,225 $25,880
2020 $7,304 $30,105 $4,225 $25,880
2019 $8,047 $33,451 $4,225 $29,226
2018 $8,004 $30,104 $3,575 $26,529
2017 $7,895 $30,104 $3,575 $26,529
2016 $7,626 $30,104 $3,575 $26,529
2015 $7,432 $27,467 $3,087 $24,380
2014 $7,367 $27,467 $3,087 $24,380
2013 $7,161 $27,467 $3,087 $24,380
Source: Public Records

Map

Illinois Cook County Schaumburg 60194 West Schaumburg

388 N Walnut Ln, Schaumburg, IL

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