924 Colony Lake Dr Unit 2 Schaumburg, IL 60194
South Hoffman Estates NeighborhoodEstimated payment $2,507/month
Total Views
4,675
3
Beds
2
Baths
1,654
Sq Ft
$196
Price per Sq Ft
Highlights
- Hot Property
- Water Views
- Mature Trees
- Hoover Math And Science Academy Rated A
- Home fronts a pond
- Backs to Open Ground
About This Home
Welcome Home! 924 Colony Lake Drive is a beautifully updated 3-bedroom, 2-full bath townhome with an attached 1 car garage perfectly situated in the desirable Colony Lakes subdivision of Schaumburg. From the moment you arrive, this exceptional unit sets itself apart with a recently poured extra-wide concrete driveway large enough for 4 cars and, being an end unit, there is a large green space which adds privacy immediately on the south side of the home that most other units simply do not enjoy, PLUS you get the added bonus of serene views overlooking one of the Colony Lakes which offers a rare sense of peace, tranquility and natural beauty. The front porch sitting area is your oasis allowing you to relax while enjoying the lake views sipping your favorite beverage and taking in the breeze. Step inside and you'll immediately feel the warmth and care that has gone into every inch of this home. Rich Brazilian Cherry Hardwood Floors have been completely refinished and add a sense of elegance and luxury that flows throughout the main level, where the thoughtful layout blends comfort and functionality. The bright, updated kitchen features stainless steel LG appliances, updated cabinetry, quartz countertops, beautifully tiled backsplashes, under cabinet lights and recessed lighting which all opens into your perfectly sized dining area - ideal for both everyday meals and special gatherings. The spacious living room, anchored by a cozy marble surround gas start, wood burning fireplace and a grand, soaring vaulted ceiling with stately wood beams add an old world charm. The 1st floor bedroom with double glass paneled entry doors along with an adjacent updated full bath provides the flexibility of an in-law arrangement, convenient guest suite or the perfect office. Glass sliding doors from both the office/bedroom and the living room lead to your private patio-perfect for grilling, entertaining, or simply enjoying a peaceful summer evening outdoors. Upstairs, two additional bedrooms and a beautifully updated full bath complete the home, with the primary suite offering a freshly painted private balcony to start or end your day with a breath of fresh air. Plenty of New Too! Freshly Painted in Many Rooms (2025), Many New Light Fixtures / Primary Bedroom Ceiling Fan (2025), Furnace (2023), A/C (2023), Refrigerator (2023), Oven (2023), Dishwasher (2023), Range Hood (2023), Quartz Counters (2023), Washer and Dryer (2018), Water Heater (2015), New Garage Door and Opener (2025). Ring Doorbell and Ecobee thermostat are also Included! All this, just moments from major highways, top-rated schools, beautiful Colony Lake Park and Zocher Park featuring Tennis Courts and Baseball Fields PLUS the nearby "Water Works" Indoor Water Park featuring slides, rapids, water playground & lap pool. A rare opportunity awaits so schedule your private tour immediately before this beauty is gone!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,074
Year Built
- Built in 1980
Lot Details
- Lot Dimensions are 42 x 124
- Home fronts a pond
- Backs to Open Ground
- Mature Trees
- Zero Lot Line
HOA Fees
- $185 Monthly HOA Fees
Parking
- 1 Car Garage
- Oversized Parking
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,654 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Ceiling Fan
- Wood Burning Fireplace
- Gas Log Fireplace
- Insulated Windows
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- First Floor Utility Room
- Water Views
- Sump Pump
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
- Patio
Schools
- Hoover Math & Science Academy Elementary School
- Eisenhower Junior High School
- Hoffman Estates High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
- 3 Units
- Holly Repta Association, Phone Number (847) 259-1331
- Colony Lake Subdivision
- Property managed by McGill Management
Amenities
- Building Patio
- Laundry Facilities
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
Map
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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 | $6,074 | $25,000 | $3,500 | $21,500 |
| 2023 | $5,861 | $25,000 | $3,500 | $21,500 |
| 2022 | $5,861 | $25,000 | $3,500 | $21,500 |
| 2021 | $4,093 | $16,836 | $4,017 | $12,819 |
| 2020 | $4,091 | $16,836 | $4,017 | $12,819 |
| 2019 | $4,095 | $18,707 | $4,017 | $14,690 |
| 2018 | $4,947 | $19,920 | $3,481 | $16,439 |
| 2017 | $4,887 | $19,920 | $3,481 | $16,439 |
| 2016 | $4,813 | $19,920 | $3,481 | $16,439 |
| 2015 | $4,537 | $17,790 | $3,079 | $14,711 |
| 2014 | $4,504 | $17,790 | $3,079 | $14,711 |
| 2013 | $4,371 | $17,790 | $3,079 | $14,711 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $325,000 | -- | $196 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $202,000 | Rtc | |
| Warranty Deed | $122,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,000 | New Conventional | |
| Closed | $190,272 | FHA | |
| Closed | $158,880 | New Conventional | |
| Closed | $181,800 | Unknown | |
| Previous Owner | $114,234 | Unknown | |
| Previous Owner | $115,900 | No Value Available |
Source: Public Records
About the Listing Agent
Richard Freedkin is a Full-Time Licensed Realtor who has spent 49 years in the Real Estate Arena where he has acquired considerable in-depth real estate knowledge and expertise.
Within that time, he successfully built, owned / operated a prominent mortgage brokerage firm originating more than 20 million dollars of mortgage loans per month, bought, sold and managed millions of dollars of real estate, served as a general contractor rehabbing both single family homes and apartment
Richard J's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12302223
APN: 07-16-106-074-0000
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