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  3. Schaumburg, IL
  4. /
  5. Lakewood Condominium
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Lakewood Condominium

631 Derry Court, Schaumburg, IL, 60193
Lakewood Condominium

YEAR BUILT

1976

# STORIES

3

# TOTAL UNITS

22

UNIT SIZE RANGE

850-950 sqft

Description

Lakewood Condominium sits on Derry Court in Schaumburg. This low-rise building has 3 stories and contains 22 units. It was built in 1976. The layout allows for a friendly neighborhood vibe with shared spaces for residents to connect. Each unit in Lakewood has 1 bedroom, and sizes range from 850 to 950 square feet. Prices have been between $133,000 and $160,000 recently. The average price per square foot is about $189. This pricing makes it accessible while providing good value for space. The average days on the market is 29, offering a fair amount of time for buyers to consider their decisions. Nearby businesses include Frato's Eatery for meals, Angels Kitchenopolska Restaura for comfort food, and Orange Julius for a sweet treat. The residents can enjoy local dining options that are just a short drive away. Amenities make life here enjoyable. Residents have access to a ground pool, indoor pool, and exercise room. There's also a sundeck and clubhouse, allowing for leisure and social events. The tennis courts and bike trails invite outdoor activities for active lifestyles. Living at Lakewood means being close to local parks. It also provides easy access to highways for commuting or visiting nearby areas. Those who enjoy nature will appreciate the nearby lakes that offer activities like fishing or relaxing by the water. This building fits a variety of lifestyles. Whether looking for an active community or a quiet retreat, Lakewood provides features to suit both. It's a solid choice for anyone wanting to call Schaumburg home.

Building ImageMLS ID #11022977
Building ImageView Listing

Lakewood Condominium

631 Derry Court, Schaumburg, IL, 60193


Lakewood Condominium

YEAR BUILT

1976

# STORIES

3

# TOTAL UNITS

22

UNIT SIZE RANGE

850-950 sqft

Description

Lakewood Condominium sits on Derry Court in Schaumburg. This low-rise building has 3 stories and contains 22 units. It was built in 1976. The layout allows for a friendly neighborhood vibe with shared spaces for residents to connect. Each unit in Lakewood has 1 bedroom, and sizes range from 850 to 950 square feet. Prices have been between $133,000 and $160,000 recently. The average price per square foot is about $189. This pricing makes it accessible while providing good value for space. The average days on the market is 29, offering a fair amount of time for buyers to consider their decisions. Nearby businesses include Frato's Eatery for meals, Angels Kitchenopolska Restaura for comfort food, and Orange Julius for a sweet treat. The residents can enjoy local dining options that are just a short drive away. Amenities make life here enjoyable. Residents have access to a ground pool, indoor pool, and exercise room. There's also a sundeck and clubhouse, allowing for leisure and social events. The tennis courts and bike trails invite outdoor activities for active lifestyles. Living at Lakewood means being close to local parks. It also provides easy access to highways for commuting or visiting nearby areas. Those who enjoy nature will appreciate the nearby lakes that offer activities like fishing or relaxing by the water. This building fits a variety of lifestyles. Whether looking for an active community or a quiet retreat, Lakewood provides features to suit both. It's a solid choice for anyone wanting to call Schaumburg home.

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Description

Lakewood Condominium sits on Derry Court in Schaumburg. This low-rise building has 3 stories and contains 22 units. It was built in 1976. The layout allows for a friendly neighborhood vibe with shared spaces for residents to connect. Each unit in Lakewood has 1 bedroom, and sizes range from 850 to 950 square feet. Prices have been between $133,000 and $160,000 recently. The average price per square foot is about $189. This pricing makes it accessible while providing good value for space. The average days on the market is 29, offering a fair amount of time for buyers to consider their decisions. Nearby businesses include Frato's Eatery for meals, Angels Kitchenopolska Restaura for comfort food, and Orange Julius for a sweet treat. The residents can enjoy local dining options that are just a short drive away. Amenities make life here enjoyable. Residents have access to a ground pool, indoor pool, and exercise room. There's also a sundeck and clubhouse, allowing for leisure and social events. The tennis courts and bike trails invite outdoor activities for active lifestyles. Living at Lakewood means being close to local parks. It also provides easy access to highways for commuting or visiting nearby areas. Those who enjoy nature will appreciate the nearby lakes that offer activities like fishing or relaxing by the water. This building fits a variety of lifestyles. Whether looking for an active community or a quiet retreat, Lakewood provides features to suit both. It's a solid choice for anyone wanting to call Schaumburg home.

Lakewood Condominium Key Stats Last 12 months

Avg. Listed Price$172,450($198/Sqft.)
Avg. Sale Price$160,000($189/Sqft.)
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings2 Listed
Total sold1 Sold
Average Days on Market29 days
Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings2 Listed
Total sold1 Sold
Average Days on Market29 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
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 Sold Listings

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 3A3A85011292025-06-27
MLS#: 12377892 		Closed$160,000
Unit 2A2A900111842021-09-16
MLS#: 11022977 		Closed$105,000
Unit 1B1B90011692020-11-04
MLS#: 10837219 		Closed$94,000
Unit 1D1D90011412020-05-29
MLS#: 10693166 		Closed$84,250
Unit 1B
1B

1 Beds

1 Baths

900 sqft

DateStatusPrice
2020-11-04Closed$94,000
MLS#: 10837219
Days On Market69
Unit 1D
1D

1 Beds

1 Baths

900 sqft

DateStatusPrice
2020-05-29Closed$84,250
MLS#: 10693166
Days On Market41
Unit 2A
2A

1 Beds

1 Baths

900 sqft

DateStatusPrice
2021-09-16Closed$105,000
MLS#: 11022977
Days On Market184
Unit 3A
3A

1 Beds

1 Baths

850 sqft

DateStatusPrice
2025-06-27Closed$160,000
MLS#: 12377892
Days On Market29
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the standout features of Lakewood is its diverse range of amenities that cater to an active lifestyle. Whether you love swimming or prefer working out indoors, the indoor pool and exercise room have got you covered. If you're into sports, take advantage of the tennis courts right on-site or enjoy a sunny day at the sundeck. For those who appreciate social gatherings, the clubhouse and party room provide perfect spaces to host your friends and family. Additionally, an in-ground pool, bike room, and laundry facilities add layers of convenience that enhance day-to-day living!

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Amenities Description

One of the standout features of Lakewood is its diverse range of amenities that cater to an active lifestyle. Whether you love swimming or prefer working out indoors, the indoor pool and exercise room have got you covered. If you're into sports, take advantage of the tennis courts right on-site or enjoy a sunny day at the sundeck. For those who appreciate social gatherings, the clubhouse and party room provide perfect spaces to host your friends and family. Additionally, an in-ground pool, bike room, and laundry facilities add layers of convenience that enhance day-to-day living!

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

Exercise Room

Exercise Room

Pool

Pool

In Ground Pool

In Ground Pool

Indoor Pool

Indoor Pool

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Sundeck

Sundeck

Patio

Patio

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

Thinking about bringing along your furry friend? Good news—Lakewood Condominium is cat-friendly! You can enjoy pet companionship without having to worry about strict building policies. Just remember, there are a few guidelines in place that ensure the community remains peaceful and enjoyable for all residents.

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$189/sqft.$2 /sqft.
631 Derry Ct$189/sqft.$2 /sqft.
Lakewood Condominium$212/sqft.$3 /sqft.
Lakewood Condominium$206/sqft.$3 /sqft.
608 Waterford Dr$238/sqft.$3 /sqft.
112 Mullingar Ct$195/sqft.$2 /sqft.

Nearby Schools

Everett Dirksen Elementary School

A-
Public|Grades KG–6
116 W Beech Dr|0.51 miles away

Hadi School of Excellence

--
Private|Grades PK–8
375 S Roselle Rd|0.53 miles away

Buzz Aldrin Elementary School

B
Public|Grades KG–6
617 Boxwood Dr|0.61 miles away

Robert Frost Jr High School

A-
Public|Grades 7–8
320 W Wise Rd|0.67 miles away

Michael Collins Elementary School

A+
Public|Grades KG–6
407 Summit Dr|0.83 miles away

Thomas Dooley Elementary School

A+
Public|Grades KG–6
622 Norwood Ln|1.09 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
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Description

Everett Dirksen Elementary School

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

Hadi School of Excellence

--
Private|Grades PK–8
375 S Roselle Rd|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

Thomas Dooley Elementary School

A+
Public|Grades KG–6
622 Norwood Ln|1.09 Miles Away

St Peter Lutheran School

--
Private|Grades PK–8
208 E Schaumburg R...|1.16 Miles Away

Schaumburg Christian School

--
Private|Grades PK–12
200 N Roselle Rd|1.22 Miles Away

The District 54 Early Learning Center

--
Public|Grades PK–PK
520 E Schaumburg R...|1.33 Miles Away

Schaumburg High School

A
Public|Grades 9–12
1100 W Schaumburg ...|1.46 Miles Away

Frederick Nerge Elementary School

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

Enders-Salk Elementary School

B
Public|Grades KG–6
345 N Salem Dr|1.55 Miles Away

Nathan Hale Elementary School

A
Public|Grades KG–6
1300 W Wise Rd|1.58 Miles Away

Margaret Mead Jr High School

A
Public|Grades 7–8
1765 Biesterfield ...|1.60 Miles Away

Lincoln Academy

--
Public|Grades –
320 Lincoln St|1.75 Miles Away

Childrens Christian Learning Center

--
Private|Grades PK–KG
1900 Nerge Rd|1.76 Miles Away

Lakeview Elementary School

B
Public|Grades KG–6
615 Lakeview Ln|1.78 Miles Away

St Hubert School

--
Private|Grades PK–8
255 Flagstaff Ln|1.79 Miles Away

Fairview Elementary School

A-
Public|Grades KG–6
375 Arizona Blvd|1.84 Miles Away

J B Conant High School

A-
Public|Grades 9–12
700 E Cougar Trl|1.85 Miles Away

Jane Addams Jr High School

--
Public|Grades 4–8
700 S Springinsgut...|1.88 Miles Away

Campanelli Elementary School

A-
Public|Grades KG–6
310 S Springinsgut...|1.90 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 19.74% are children aged 0–14, 11.82% are young adults between 15–29, 21.27% are adults aged 30–44, 21.7% are in the 45–59 range and 25.46% are seniors aged 60 and above. Commuting options are also varying where 84.72% of residents relying on driving, while others prefer public transit around 2.38%, walking around 0.64%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 71.69% of units owner occupied and 28.31% are rented. The neighborhood offers different household types. About 28.09% are single family homes and 6.41% are multi family units. Around 32.84% are single-person households, while 67.16% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 25.62% of residents have bachelor’s degrees. Around 23.93% have high school or college education. Another 7.13% hold diplomas while 17.52% have completed postgraduate studies. The remaining are 25.8% 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 19.74% are children aged 0–14, 11.82% are young adults between 15–29, 21.27% are adults aged 30–44, 21.7% are in the 45–59 range and 25.46% are seniors aged 60 and above. Commuting options are also varying where 84.72% of residents relying on driving, while others prefer public transit around 2.38%, walking around 0.64%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 71.69% of units owner occupied and 28.31% are rented. The neighborhood offers different household types. About 28.09% are single family homes and 6.41% are multi family units. Around 32.84% are single-person households, while 67.16% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 25.62% of residents have bachelor’s degrees. Around 23.93% have high school or college education. Another 7.13% hold diplomas while 17.52% have completed postgraduate studies. The remaining are 25.8% with other types of qualifications.

Age Demographics

19.74% (0 - 14 years old)

11.82% (15 - 29 years old)

21.27% (30 - 44 years old)

21.7% (45 - 59 years old)

25.46% (60+ years old)

Commute

2.38%

Transit

0.64%

Walk

84.72%

Drive

0%

Bike

Housing Ownership

71.69%

Owner Occupied

28.31%

Rental Units

Household Types

28.09%

Single Family

6.41%

Multi Family

32.84%

Single Person

67.16%

Multi Person

Education

Bachelors Degree25.62%
High School College23.93%
Diploma7.13%
Post Graduate17.52%
Others25.8%
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Education

Diploma7.13%
Post Graduate17.52%
Others25.8%
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  1. Home
  2. /Schaumburg, IL
  3. /
    Lakewood Condominium
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631 Derry Ct
635 Limerick Ln
Lakewood Condominium
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ZIP Codes
600086002160042
6005060060600736009060099601516040160402604236045560464604756048060487605656063260655
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