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Schaumburg, IL

Located in Illinois, United States, the village of Schaumburg is located in the Chicago metropolitan area.

Schaumburg is a good village to buy a home in for those who prefer a calm environment. Public green spaces, like Paul Douglas Forest Preserve and Victoria Park, are very well-spread out and there are over 100 of them nearby for residents to explore, which makes it easy to access them from the majority of locations in this part of the Chicago metropolitan area. The noise levels in this village are also low, as there isn't a lot of street noise or city clamor - however some parts can be quite noisy, especially around the airport (Schaumburg Regional Airport), one of the railway lines, Northwest Tollway or Interstate 90.

In Schaumburg, roughly 45% of buildings are single detached homes, while the rest are mainly large apartment buildings, small apartment buildings, and townhouses. Most homes in this part of the Chicago metropolitan area were built between 1960 and 1980, during its biggest housing boom. This village has a good variety of unit sizes, ranging from lofts to four or more bedrooms. Home owners occupy around 70% of the dwellings in the village whereas renters occupy the remainder.

In Schaumburg, locals will usually be able to get to primary schools by walking. In contrast, it can be challenging to get to high schools as a pedestrian. Locals benefit from public and private schools at both the elementary and secondary school level. With respect to eating, home buyers in Schaumburg will welcome that a grocery store is always only a rather short walk away. There are also over 350 restaurants and coffee shops in this part of the Chicago metropolitan area.

Driving is very often the preferred way to get around in Schaumburg. It is especially convenient to park. On the other hand, public transit riders may have limited choices in Schaumburg by reason of the infrequent service. Thankfully, the village is linked by around 10 bus lines, and most residences are near a bus stop. Traveling by foot is not very common in Schaumburg, even though most daily needs are convenient to meet without having to resort to a car.

Real Estate

Homes on Market

126

Median List Price

$312,000

Median List Price per sqft

$176

Homes with Negative Equity

15.67%
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