1216 Allison Ln,
Schaumburg, IL 60194

3 beds • 2 baths • 1,650 sqft
1216 Allison Ln, Schaumburg, IL 60194 is a Residential House of 1,650 SqFt. built in 1975 on a 9,000 SqFt. lot within Cook county. It has 3 bedrooms, and 2 bathrooms. The latest transaction was a Warranty Deed purchase on 1/13/2025 for $460,000. Its current estimated value is $504,000 and is currently off-market.
Last Sold for $460,000
$504,000 estimate
Built in 1975
Last Sold in 2025
1,650 sqft
9,000 lot size
$305 /sqft

Home Highlights

Interior

Bedrooms & Bathrooms • Bedrooms: 3 • Bathrooms: 2

Cooling

• Central

Parking

Parking Information

• Garage Spaces: 2 • Garage Features: Attached Garage

Construction

Type & Styling • Home Type: Single Family • Property Subtype: Residential • Building Style: Frame • Building Quality: C
Condition • Year Built: 1975 • Flood Zone: X - Low/Medium Risk

School Information & Subdivision

School Information

• School District (County): Township High School District 211

Subdivision Information

• Subdivision: Strathmore Schaumburg Unit7

Financial

• Purchase Method: Financed • Owners / Type: 2 / Multiple • Open Loans / Balance: 1 / $469,886 • Est. Rent / Gross Yield: $3,703 / 8.82 %
• Taxes Assessed Value: $40,000 • APN: 07-17-403-047-0000
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property public records template

Public records available for owners of 1216 Allison Ln, Schaumburg, IL 60194

  • Contact Information
  • Current & Past Addresses
  • Properties & Assets
  • Businesses & Licenses

Market Analysis

Estimated Value History

According to our records, the estimated value for 1216 Allison Ln, Schaumburg, IL 60194 has increased by 58 % in the last 4 years.
YearEstimated value improvementAppreciation
2025$40,000$8,768 +28 %
($5/sqft)
2024$31,232-
2022$31,232$5,884 +23 %
($4/sqft)
2021$25,348-

Estimated Home Value Comparison

Compared to other properties in Schaumburg, 1216 Allison Ln is valued 2.9 % higher than the neighborhood median, 2.9 % higher than the average home price, and 3.6 % higher than the typical price per square foot.
By Neighborhood Schaumburg, IL
Median Home Value
$490,000 2.9 %
Average Home Value
$490,000 2.9 %
Average Price Per SqFt.
$294.73 3.6 %
By ZIP Code 60194
Median Home Value
$484,000 4.1 %
Average Home Value
$484,000 4.1 %
Average Price Per SqFt.
$269.47 13.4 %

Price history & Tax Information

Price History

1216 Allison Ln, Schaumburg, IL 60194 was last sold for $460,000 on 1/13/2025.
DateAmountTermEvent
1/13/2025$460,000360Warranty Deed
6/8/2011$312,000360Warranty Deed
10/25/2010$247,000360Special Warranty Deed

Tax History

According to public records, in 2023, property tax for 1216 Allison Ln, Schaumburg, IL 60194 was $7,820.
YearAssessed ValueTax AmountTax Rate (%)Change RateImprovement Value
2025$40,000--28 %$32,350
2024$31,232---$24,932
2023-$7,820---

Nearby Schools provided by great schools icon

There are 10 schools nearby Schaumburg, IL which include the following district(s): Township Hsd 211 School District, and Schaumburg Central Consolidated School District 54.

Preschool

N/A
St. Peter Lutheran School Private • PK, K-8
N/A
Schaumburg Christian School Private • PK, K-12
N/A
Christian Corner Children's Center Private • PK-K
N/A
Schaumburg Central Consolidated School District 54 PK, K-8

Elementary schools

7/10
Enders-Salk Elementary School Public • K-6
9/10
Hoover Math And Science Academy Public • K-6
8/10
Elizabeth Blackwell Elementary School Public • K-6
N/A
St. Peter Lutheran School Private • PK, K-8
N/A
Schaumburg Christian School Private • PK, K-12

Middle schools

8/10
Helen Keller Junior High School Public • 6-8
N/A
St. Peter Lutheran School Private • PK, K-8
N/A
Schaumburg Christian School Private • PK, K-12
N/A
Schaumburg Central Consolidated School District 54 PK, K-8

High schools

9/10
Schaumburg High School Public • 9-12
N/A
Schaumburg Christian School Private • PK, K-12

Comparables

There is currently 1 comparable. Here's the most similar home for sale in Schaumburg, IL.
Address Property Type Beds Baths Sqft Distance
1314 Colwyn Dr, Schaumburg, IL 60194 House 3 2 1,666 0.26 mi

Owners & Tenants

f3GTPDJdBHlHR has owned this property for the last 19 months, and currently does not have this property as their primary residence. Other people linked to the property include: Gerald Meyer
Gerald F Meyer Schaumburg, IL
Deceased 2006, Age 60 Lived in Alpharetta, GA Cumming, GA Related to Amanda Meyer, Justin Meyer, Luther Meyer

Investment Analysis

Est. Rent $3,703 Tax Delinquency No Gross Yield 8.82 % Short Sale No Owner/Type 2 / Multiple Vacant No

Liens, Foreclosure, Eviction & Probate

Uncover records with Liens, Evictions, and Foreclosures associated with 1216 Allison Ln, Schaumburg, IL 60194.
Pre-foreclosure No Property Line No Pre-probate No

60194 Housing Profile

According to public records, 72 % of residents in the 60194 area are homeowners, while the remaining 28 % rent their homes. The median rent is $1,897, and the average household size is 2.43 people per home.