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  3. Schaumburg, IL
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  5. Lakewood Condominium
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Lakewood Condominium

616 Waterford Drive, Schaumburg, IL, 60193
Lakewood Condominium

YEAR BUILT

1995

# STORIES

2

# TOTAL UNITS

6

UNIT SIZE RANGE

1,050-1,150 sqft

Description

Lakewood Condominium is located on Waterford Drive in Schaumburg. This low-rise building has 2 stories and includes 6 units. Residents enjoy a welcoming community atmosphere just a short distance from shops and dining options. The nearby intersection adds to its charm, making it easy to get around. Constructed in 1995, each unit features 2 bedrooms. The sizes of the units range from 1,050 to 1,150 square feet. Prices vary from $168,000 to $175,000, with an average price per square foot of about $152. This allows for a range of options for potential buyers. The average days on the market for available units is 84 days. This gives buyers a reasonable time to consider their options before making a decision. Amenities include access to tennis courts, which adds to the allure of living here. Nearby businesses create a vibrant atmosphere. Frato's Eatery, Angels Kitchenopolska Restaura, and Orange Julius are great spots for dining. Residents can enjoy meals with family and friends at these local establishments. Living here offers a chance for a comfortable lifestyle. The layout provides a sense of privacy while promoting community connections. The area is also close to water bodies, adding to the outdoor options available. This makes it an appealing choice for those seeking a tranquil living environment.

Building ImageMLS ID #11431761
Building ImageMLS ID #07280658
Building Image
Building ImageView Listing

Lakewood Condominium

616 Waterford Drive, Schaumburg, IL, 60193


Lakewood Condominium

YEAR BUILT

1995

# STORIES

2

# TOTAL UNITS

6

UNIT SIZE RANGE

1,050-1,150 sqft

Description

Lakewood Condominium is located on Waterford Drive in Schaumburg. This low-rise building has 2 stories and includes 6 units. Residents enjoy a welcoming community atmosphere just a short distance from shops and dining options. The nearby intersection adds to its charm, making it easy to get around. Constructed in 1995, each unit features 2 bedrooms. The sizes of the units range from 1,050 to 1,150 square feet. Prices vary from $168,000 to $175,000, with an average price per square foot of about $152. This allows for a range of options for potential buyers. The average days on the market for available units is 84 days. This gives buyers a reasonable time to consider their options before making a decision. Amenities include access to tennis courts, which adds to the allure of living here. Nearby businesses create a vibrant atmosphere. Frato's Eatery, Angels Kitchenopolska Restaura, and Orange Julius are great spots for dining. Residents can enjoy meals with family and friends at these local establishments. Living here offers a chance for a comfortable lifestyle. The layout provides a sense of privacy while promoting community connections. The area is also close to water bodies, adding to the outdoor options available. This makes it an appealing choice for those seeking a tranquil living environment.

Next

Description

Lakewood Condominium is located on Waterford Drive in Schaumburg. This low-rise building has 2 stories and includes 6 units. Residents enjoy a welcoming community atmosphere just a short distance from shops and dining options. The nearby intersection adds to its charm, making it easy to get around. Constructed in 1995, each unit features 2 bedrooms. The sizes of the units range from 1,050 to 1,150 square feet. Prices vary from $168,000 to $175,000, with an average price per square foot of about $152. This allows for a range of options for potential buyers. The average days on the market for available units is 84 days. This gives buyers a reasonable time to consider their options before making a decision. Amenities include access to tennis courts, which adds to the allure of living here. Nearby businesses create a vibrant atmosphere. Frato's Eatery, Angels Kitchenopolska Restaura, and Orange Julius are great spots for dining. Residents can enjoy meals with family and friends at these local establishments. Living here offers a chance for a comfortable lifestyle. The layout provides a sense of privacy while promoting community connections. The area is also close to water bodies, adding to the outdoor options available. This makes it an appealing choice for those seeking a tranquil living environment.

Lakewood Condominium Key Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
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Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Lakewood Condominium Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1A1A110022472022-08-23
MLS#: 11456400
Closed$168,000
Unit 2C2C110022472022-07-27
MLS#: 11431761
Closed$175,000
Unit 2B2B-22342008-01-10
MLS#: 06747559
Closed$155,000
Unit 1A
1A

2 Beds

2 Baths

1100 sqft


DateStatusPrice
2022-08-23Closed$168,000
MLS#: 11456400
Days On Market47
Unit 2B
2B

2 Beds

2 Baths

0 sqft


DateStatusPrice
2008-01-10Closed$155,000
MLS#: 06747559
Days On Market34
Unit 2C
2C

2 Beds

2 Baths

1100 sqft


DateStatusPrice
2022-07-27Closed$175,000
MLS#: 11431761
Days On Market47
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at Lakewood means enjoying a pretty substantial amenity — a tennis court! Imagine having the opportunity to improve your serve or just hang out with friends while enjoying sunny afternoons right outside your door. What better way to unwind after a busy work week than with neighborhood friends on the court? It's a fantastic way to keep active and engaged within the community.

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Amenities Description

Living at Lakewood means enjoying a pretty substantial amenity — a tennis court! Imagine having the opportunity to improve your serve or just hang out with friends while enjoying sunny afternoons right outside your door. What better way to unwind after a busy work week than with neighborhood friends on the court? It's a fantastic way to keep active and engaged within the community.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Tennis Court(s)

Tennis Court(s)

Policies

Lakewood Condominium has straightforward policies that cater to young and budding families, allowing cats but not dogs. So, if you're considering sharing your space with a feline friend, Lakewood has you covered! Knowing you can have a pet in your new home is a bonus for many aspiring homeowners.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Lakewood Condominium--
Lakewood Condominium$200/sqft.$2 /sqft.
621 Tralee Ct$200/sqft.$2 /sqft.
615 Tralee Ct$208/sqft.$2 /sqft.
Lakewood Condominium$214/sqft.$3 /sqft.
Lakewood Condominium$180/sqft.$3 /sqft.

Nearby Schools

In , Lakewood Condominium benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Hadi School of Excellence

--
Private|Grades PK–8
375 S Roselle Rd|0.46 miles away

Everett Dirksen Elementary School

A-
Public|Grades KG–6
116 W Beech Dr|0.47 miles away

Buzz Aldrin Elementary School

B
Public|Grades KG–6
617 Boxwood Dr|0.69 miles away

Robert Frost Jr High School

A-
Public|Grades 7–8
320 W Wise Rd|0.74 miles away

Michael Collins Elementary School

A+
Public|Grades KG–6
407 Summit Dr|0.75 miles away

St Peter Lutheran School

--
Private|Grades PK–8
208 E Schaumburg R...|1.09 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
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Description

In , Lakewood Condominium benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Hadi School of Excellence

--
Private|Grades PK–8
375 S Roselle Rd|Less than 1 Mile Away

Everett Dirksen Elementary School

A-
Public|Grades KG–6
116 W Beech Dr|Less than 1 Mile Away

Buzz Aldrin Elementary School

B
Public|Grades KG–6
617 Boxwood Dr|Less than 1 Mile Away

Robert Frost Jr High School

A-
Public|Grades 7–8
320 W Wise Rd|Less than 1 Mile Away

Michael Collins Elementary School

A+
Public|Grades KG–6
407 Summit Dr|Less than 1 Mile Away

St Peter Lutheran School

--
Private|Grades PK–8
208 E Schaumburg R...|1.09 Miles Away

Thomas Dooley Elementary School

A+
Public|Grades KG–6
622 Norwood Ln|1.16 Miles Away

Schaumburg Christian School

--
Private|Grades PK–12
200 N Roselle Rd|1.18 Miles Away

The District 54 Early Learning Center

--
Public|Grades PK–PK
520 E Schaumburg R...|1.26 Miles Away

Frederick Nerge Elementary School

A-
Public|Grades KG–6
660 N Woodfield Tr...|1.47 Miles Away

Schaumburg High School

A
Public|Grades 9–12
1100 W Schaumburg ...|1.49 Miles Away

Margaret Mead Jr High School

A
Public|Grades 7–8
1765 Biesterfield ...|1.55 Miles Away

Enders-Salk Elementary School

B
Public|Grades KG–6
345 N Salem Dr|1.56 Miles Away

Nathan Hale Elementary School

A
Public|Grades KG–6
1300 W Wise Rd|1.66 Miles Away

Childrens Christian Learning Center

--
Private|Grades PK–KG
1900 Nerge Rd|1.73 Miles Away

St Hubert School

--
Private|Grades PK–8
255 Flagstaff Ln|1.75 Miles Away

Lakeview Elementary School

B
Public|Grades KG–6
615 Lakeview Ln|1.76 Miles Away

Fairview Elementary School

A-
Public|Grades KG–6
375 Arizona Blvd|1.77 Miles Away

J B Conant High School

A-
Public|Grades 9–12
700 E Cougar Trl|1.78 Miles Away

Lincoln Academy

--
Public|Grades –
320 Lincoln St|1.80 Miles Away

Jane Addams Jr High School

--
Public|Grades 4–8
700 S Springinsgut...|1.95 Miles Away

Campanelli Elementary School

A-
Public|Grades KG–6
310 S Springinsgut...|1.96 Miles Away

Transit

No Transit Data Available

The Neighbourhood: Lakewood Condominium

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Lakewood Condominium Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.56% are children aged 0–14, 11.7% are young adults between 15–29, 21.41% are adults aged 30–44, 21.52% are in the 45–59 range and 25.81% are seniors aged 60 and above. Commuting options are also varying where 84.68% of residents relying on driving, while others prefer public transit around 2.36%, walking around 0.68%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 71.32% of units owner occupied and 28.68% are rented. The neighborhood offers different household types. About 27.62% are single family homes and 6.18% are multi family units. Around 33.84% are single-person households, while 66.16% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 25.63% of residents have bachelor’s degrees. Around 23.76% have high school or college education. Another 7.28% hold diplomas while 17.56% have completed postgraduate studies. The remaining are 25.77% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.56% are children aged 0–14, 11.7% are young adults between 15–29, 21.41% are adults aged 30–44, 21.52% are in the 45–59 range and 25.81% are seniors aged 60 and above. Commuting options are also varying where 84.68% of residents relying on driving, while others prefer public transit around 2.36%, walking around 0.68%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 71.32% of units owner occupied and 28.68% are rented. The neighborhood offers different household types. About 27.62% are single family homes and 6.18% are multi family units. Around 33.84% are single-person households, while 66.16% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 25.63% of residents have bachelor’s degrees. Around 23.76% have high school or college education. Another 7.28% hold diplomas while 17.56% have completed postgraduate studies. The remaining are 25.77% with other types of qualifications.

Age Demographics

0–14 Years

19.56%

15–29 Years

11.7%

30–44 Years

21.41%

45–59 Years

21.52%

60+ Years

25.81%

Commute

2.36%

Transit

0.68%

Walk

84.68%

Drive

0%

Bike

Housing Ownership

71.32%

Owner Occupied

28.68%

Rental Units

Household Types

Single Family
27.62%
Multi Family
6.18%
Single Person
33.84%
Multi Person
66.16%

Average Income

Household:$8,047,321.87 /yr

Individual:$4,250,304.59 /yr

Education

Bachelors Degree25.63%
High School College23.76%
Diploma7.28%
Post Graduate17.56%
Others25.77%
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Education

Diploma7.28%
Post Graduate17.56%
Others25.77%
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  2. /Schaumburg, IL
  3. /
    Lakewood Condominium
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