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Backup Offers

1463 Mercury Dr Unit 505, Schaumburg, IL, 60193

$179,900

Home List Price

$2,136*

Closing Credit

2 Bedrooms
1 Full Bath
1,000 SqFt
$180/SqFt
Condo

Location

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1463 Mercury Dr Unit 505, Schaumburg$179,900

Buyer Closing Credits

$2,136*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnassigned
Year Built1978
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #12175508
StatusAccepting Backup Offers
(Contingent)

About 1463 Mercury Dr Unit 505

Welcome Home! Discover this spacious 2-bedroom, 1-bath penthouse condo on the 5th floor, boasting light-filled and updated interiors. Enjoy the L-shaped living room/dining room, with wood laminate flooring extending into the bedrooms and kitchen. The unit is freshly painted throughout and features all new interior doors and modern light fixtures. Step outside through the sliding glass doors to your 13 x 5 balcony. The kitchen is equipped with granite countertops and brand-new stainless steel appliances. The master bedroom includes a 6 x 5 walk-in closet, and the bathroom has been updated. Additional amenities include a coin-operated laundry room on the 2nd floor, along with ample unassigned parking in front of and behind the building, plus guest parking.The condo complex offers a secured building with an elevator, an outdoor pool, tennis courts, a party room, and playground equipment for kids. Recent building updates include roof replacements, a new pool liner, new awnings, tuckpointing, and a switch to LED lights. Conveniently located in Schaumburg, close to the expressway, train station, shopping, and restaurants. This unit is available for a quick close and immediate occupancy. It's a great investment opportunity, whether you plan to live in it or rent it out. Opportunity is knocking! CASH OFFER ONLY. NO FANNIE OR FREDDIE MAC FINANCING.CASH BUYERS ONLY.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 5
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Joanna Lupa

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, In Ground Pool

Parking Information:

  • Parking: Unassigned

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Robert Frost Jr High School, Public District Grades 7-8
  • Lincoln Prairie School, Public District Grades KG-8
  • Hanover Highlands Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Irving Park Rd to Fairlane. West to Mercury.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,900
  • Price Per SqFt: $180/SqFt

HOA Fees:

  • Amount: $363
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Schaumburg, IL.

Med. Sold Price

$310.3K

Med. Price/SqFt

$229

Avg. Days On Market

18

# of Sold Homes

68

1463 Mercury Dr Unit 505 vs Schaumburg

20 DAYS ON ROCKET

+2 Days

$179,900

-$130.4K Less

$180/SqFt

-$49 Less

KEY TAKEAWAY

This property is $130.4K less than the Median Sold Price and $49/SqFt less than other homes in Schaumburg, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12175508

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Joanna Lupa

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/17/2024, 11:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-615452
7
/10
  • Hanover Highlands Elementary School

  • 1451 Cypress Ave

  • 0.73 miles

  • Public District Grades KG-6

Middle School

school-card-donut-615453
8
/10
  • Robert Frost Jr High School

  • 320 W Wise Rd

  • 1.94 miles

  • Public District Grades 7-8

school-card-donut-615454
7
/10
  • Lincoln Prairie School

  • 500 Hillcrest Blvd

  • 4.71 miles

  • Public District Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,631. The majority of Schaumburg, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Schaumburg, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Schaumburg, IL?

The housing landscape in Schaumburg is diverse, with a mix of single-family homes, apartments, and townhouses. Single-family homes are prevalent, reflecting a range of architectural styles from classic to contemporary. The area has seen a steady development of housing, particularly from the late 20th century onwards. The homeownership rate is robust, with a significant portion of residents owning their homes, while the remainder of the population resides in rental properties.

Is Schaumburg, IL a good place to live?

Schaumburg is celebrated for its vibrant community spirit and family-friendly atmosphere. The area prides itself on a variety of local events and festivals that showcase its cultural identity and bring residents together. With well-maintained parks and recreational facilities, Schaumburg offers a suburban feel that is both welcoming and active.

Are things conveniently located in Schaumburg, IL?

Residents of Schaumburg benefit from a solid educational system, with multiple public and private schools serving the community. The area is equipped with healthcare facilities that provide a range of services, including urgent care and primary care. The public library network supports lifelong learning and community engagement. Retail and dining options are plentiful, reflecting the local culture and catering to a variety of tastes and preferences.

What does the transportation in Schaumburg, IL look like?

Schaumburg's transport infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting and travel within the region. Public transportation services are available, providing connectivity to various parts of the community. The area is also conducive to walking and biking, with certain neighborhoods being particularly pedestrian-friendly. Ongoing initiatives aim to enhance transport efficiency and accessibility for residents.

Frequently Asked Questions About 1463 Mercury Dr Unit 505

What is the listing price of this property?

The listing price of 1463 Mercury Dr Unit 505 property is $179,900.

What type of property is this?

The property 1463 Mercury Dr Unit 505 is a condo located in Schaumburg, Illinois, 60193.

Is this property for sale now?

Accepting Backup Offers: 1463 Mercury Dr Unit 505 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1463 Mercury Dr Unit 505 are:
Hanover Highlands Elementary School: GreatSchools Rating 7/10
Robert Frost Jr High School: GreatSchools Rating 8/10
Lincoln Prairie School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1463 Mercury Dr Unit 505 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1463 Mercury Dr Unit 505 is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1463 Mercury Dr Unit 505 is 1978.

Rocket HomesIllinoisCook CountySchaumburg601931463 Mercury Dr Unit 505

This home is located at 1463 Mercury Dr Unit 505 in Schaumburg, IL and zip code 60193. This 1,000 square foot home was built in 1978. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $179,900.

In September 2024, from all listings sold in Schaumburg, IL there were more than 23 sold above asking price, over 33 sold below and more than 12 were sold right at the asked price. Between August 2024 and September 2024, Schaumburg, IL real estate market has seen increase in the number of listings by 0.8%. While the average time on the market in September 2024 was 18 days, the median list price was $310,390.

From Rocket Homes Real Estate and based on county public records data.

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