For sale Home

Listed Oct 19, 2026

$995,900 Est. $6,587/mo

124 East Monterey Avenue

  • 6

    Beds

  • 4

    Baths

  • 5,703

    Sq ft

The story

  • Basement

Don't miss this rare opportunity to own a completely gut-rehabbed home approved by the Village of Schaumburg, situated on an ultra-rare 1.4-acre lot in the highly desirable Meadow Knolls neighborhood. Built with solid concrete construction and a full brick exterior, this home offers exceptional durability and energy efficiency. Virtually everything is new, including plumbing, electrical, HVAC, roof, and windows-providing peace of mind for years to come. The thoughtfully designed interior features over 5,000 square feet of living space, highlighted by a chef's kitchen with a large center island that's perfect for cooking, entertaining, and gathering with family and friends. The walkout basement includes a full bathroom and offers excellent potential for an in-law suite, guest quarters, or additional living space. Families will appreciate access to three highly rated schools, while shopping, dining, and entertainment are all conveniently nearby. Bring your landscaping ideas and make this exceptional property your own. A home of this size, quality, and lot size is a rare find-this one must be seen to be fully appreciated.

Facts & features

Home type

Home

Year built

1962

Lot size

1 acres

Price per sq ft

$175

Parking

2-car garage

Included features

  • Fireplace

    2 fireplaces

  • Basement

    Yes

  • Cooling

    Central Air, Zoned

  • Heating

    Gas, Forced Air, Zoned

  • Appliances

    Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood

  • Flooring

    Hardwood

  • Roof

    Asphalt

  • Water Source

    Well

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$6,587 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $5,301
  • Property tax $996
  • Insurance $290

Includes principal, interest, taxes & insurance.

Your Property Journey

Interested in this, or something like it?

Submit an inquiry

Drop your details and we will help you find what you are looking for.

Not quite. Help me find the right one

Talk it through or type it out, whichever feels easiest.

Your contact details

An agent will reach out personally, no automated calls.

Smart Assistant

Hi, how can I help you find your dream home?

Tap the voice button to talk, or just start typing.

Tap anywhere to fix a word or add more

Tap stop when you’re done. You can edit the text before searching.

By submitting, you agree to our Privacy Policy and Terms.

Listing Broker

Devon Realty, Inc.

Broker Name

Devon Realty, Inc.

Agent

James Spyropoulos