421 E Wise Rd Schaumburg, IL 60193
South Schaumburg NeighborhoodEstimated payment $3,493/month
Highlights
- Living Room
- Laundry Room
- Dining Room
- Frederick Nerge Elementary School Rated A-
- Central Air
- 4-minute walk to Kingsport East Park
About This Home
Full rehab opportunity! Welcome to this hidden gem in the heart of Schaumburg, perfect for seasoned investors, rehabbers, or ambitious homeowners ready to bring their vision to life. This 4 -bedroom,2.5-bathroom home sits on a 29,200 SQFT huge lot and offers an exciting opportunity for a complete transformation from top to bottom. Home includes Solar panels installed about 5 years ago (Currently leased at $78 per month) Transferable to new buyer. The roof is also 5 years old. This property is in need of a full renovation - including kitchen, bathrooms, mechanicals, flooring, windows, and more - making it a blank canvas for those with the imagination and experience to create something truly special. Whether you're looking to flip, rent, or build equity in a personal residence, the potential is undeniable. Located in a desirable area with easy access to highways, schools, parks, and shopping, this home has the bones and the location - it just needs the right buyer to unlock its value. Property is being sold AS-IS. Buyer responsible for any city-required inspections, escrow requirements or repairs. Bring your contractor and your creativity - opportunities like this don't come often with this kind of lot size and potentials are rare - don't miss out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,494
Year Built
- Built in 1973
Lot Details
- Lot Dimensions are 100 x 286
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,627 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Partial Basement
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Schools
- J B Conant High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,494 | $47,000 | $11,680 | $35,320 |
| 2023 | $7,695 | $47,000 | $11,680 | $35,320 |
| 2022 | $7,695 | $47,000 | $11,680 | $35,320 |
| 2021 | $8,158 | $33,577 | $32,850 | $727 |
| 2020 | $7,959 | $33,577 | $32,850 | $727 |
| 2019 | $8,162 | $37,308 | $32,850 | $4,458 |
| 2018 | $9,292 | $37,144 | $27,740 | $9,404 |
| 2017 | $9,975 | $37,144 | $27,740 | $9,404 |
| 2016 | $9,570 | $37,144 | $27,740 | $9,404 |
| 2015 | $8,558 | $31,228 | $23,360 | $7,868 |
| 2014 | $8,480 | $31,228 | $23,360 | $7,868 |
| 2013 | $8,245 | $31,228 | $23,360 | $7,868 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | For Sale | $480,000 | -- | $183 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $206,250 | Stand Alone First | |
| Closed | $170,850 | Unknown | |
| Closed | $146,000 | Unknown | |
| Closed | $13,960 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12436478
APN: 07-35-100-010-0000
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