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  3. Schaumburg, IL
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  5. Lakewood Condominium
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Lakewood Condominium

711 Waterford Road, Schaumburg, IL, 60193
Lakewood Condominium

YEAR BUILT

1995

# STORIES

2

# TOTAL UNITS

7

UNIT SIZE RANGE

775-875 sqft

Description

The Lakewood Condominium is located at 711 Waterford Road in Schaumburg. This low-rise building has 2 stories and consists of 7 units. It was built in 1995, providing a solid structure that many find appealing. The building design feels cozy and inviting, making it easy to call home. Each unit features 1 bedroom and varies in size from 775 to 875 square feet. Prices for these units range from $190,000 to $195,000. The average closed price for recent sales stands around $177,500. This shows a steady interest in the properties here, as they have been selling well. Living here also means enjoying amenities such as a swimming pool and a party room. These shared spaces help create a friendly environment. They offer great opportunities for residents to socialize and relax. Many folks value having these features right at their doorstep. Parking is available for residents, adding to the convenience of daily life. The building is near several shops and restaurants, including Frato's Eatery and Angels Kitchenopolska Restaurant. This provides a variety of options for dining and shopping, enhancing the neighborhood experience. The average days on the market for these units is 71 days. This shows that homes here typically find buyers fairly quickly. The nearby area features numerous water activities, as it's not far from local lakes. Those who enjoy outdoor activities will appreciate the close access to nature.

Building ImageMLS ID #11844564
Building ImageMLS ID #12111761
Building Image
Building ImageView Listing

Lakewood Condominium

711 Waterford Road, Schaumburg, IL, 60193


Lakewood Condominium

YEAR BUILT

1995

# STORIES

2

# TOTAL UNITS

7

UNIT SIZE RANGE

775-875 sqft

Description

The Lakewood Condominium is located at 711 Waterford Road in Schaumburg. This low-rise building has 2 stories and consists of 7 units. It was built in 1995, providing a solid structure that many find appealing. The building design feels cozy and inviting, making it easy to call home. Each unit features 1 bedroom and varies in size from 775 to 875 square feet. Prices for these units range from $190,000 to $195,000. The average closed price for recent sales stands around $177,500. This shows a steady interest in the properties here, as they have been selling well. Living here also means enjoying amenities such as a swimming pool and a party room. These shared spaces help create a friendly environment. They offer great opportunities for residents to socialize and relax. Many folks value having these features right at their doorstep. Parking is available for residents, adding to the convenience of daily life. The building is near several shops and restaurants, including Frato's Eatery and Angels Kitchenopolska Restaurant. This provides a variety of options for dining and shopping, enhancing the neighborhood experience. The average days on the market for these units is 71 days. This shows that homes here typically find buyers fairly quickly. The nearby area features numerous water activities, as it's not far from local lakes. Those who enjoy outdoor activities will appreciate the close access to nature.

Next

Description

The Lakewood Condominium is located at 711 Waterford Road in Schaumburg. This low-rise building has 2 stories and consists of 7 units. It was built in 1995, providing a solid structure that many find appealing. The building design feels cozy and inviting, making it easy to call home. Each unit features 1 bedroom and varies in size from 775 to 875 square feet. Prices for these units range from $190,000 to $195,000. The average closed price for recent sales stands around $177,500. This shows a steady interest in the properties here, as they have been selling well. Living here also means enjoying amenities such as a swimming pool and a party room. These shared spaces help create a friendly environment. They offer great opportunities for residents to socialize and relax. Many folks value having these features right at their doorstep. Parking is available for residents, adding to the convenience of daily life. The building is near several shops and restaurants, including Frato's Eatery and Angels Kitchenopolska Restaurant. This provides a variety of options for dining and shopping, enhancing the neighborhood experience. The average days on the market for these units is 71 days. This shows that homes here typically find buyers fairly quickly. The nearby area features numerous water activities, as it's not far from local lakes. Those who enjoy outdoor activities will appreciate the close access to nature.

Lakewood Condominium Market Stats Last 12 months

Avg. Listed Price$177,500
Avg. Sale Price$177,500
Year over year list priceDown Arrow8.97%
Year over year sale priceDown Arrow 8.97%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market71 days
Average HOA fees per sqft-
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Market Stats

Year over year list priceDown Arrow8.97%
Year over year sale priceDown Arrow8.97%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market71 days
Average HOA fees per sqft-

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

Low
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 2A2A-11712025-06-25
MLS#: 12339060 		Closed$177,500
Unit 2D2D82511422024-10-29
MLS#: 12111761 		Closed$195,000
Unit 2D2D80011362023-09-06
MLS#: 11844564 		Closed$190,000
Unit 2A
2A

1 Beds

1 Baths

0 sqft

DateStatusPrice
2025-06-25Closed$177,500
MLS#: 12339060
Days On Market71
Unit 2D
2D

1 Beds

1 Baths

825 sqft

DateStatusPrice
2024-10-29Closed$195,000
MLS#: 12111761
Days On Market42
Unit 2D
2D

1 Beds

1 Baths

800 sqft

DateStatusPrice
2023-09-06Closed$190,000
MLS#: 11844564
Days On Market36
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at Lakewood comes with perks that elevate everyday life. Imagine those leisurely weekends spent lounging by the pool or celebrating special occasions in the inviting party room. It’s great to have such amenities at your doorstep, especially if you enjoy socializing or simply want a refreshing dip after a long day. Additionally, the building’s policies allow cats and dogs, making it a perfect home for pet lovers!

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Amenities Description

Living at Lakewood comes with perks that elevate everyday life. Imagine those leisurely weekends spent lounging by the pool or celebrating special occasions in the inviting party room. It’s great to have such amenities at your doorstep, especially if you enjoy socializing or simply want a refreshing dip after a long day. Additionally, the building’s policies allow cats and dogs, making it a perfect home for pet lovers!

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

Pool

Pool

Coin Laundry

Coin Laundry

Party Room

Party Room

Policies

What’s better than finding a place that welcomes your furry friends? At Lakewood Condominium, both cats and dogs are accepted. This pet-friendly policy is sure to resonate with many first-time buyers who wish to share their space with beloved pets. No need to leave your four-legged friends behind; they can be part of this new adventure with you.

Next

Amenities Description

What’s better than finding a place that welcomes your furry friends? At Lakewood Condominium, both cats and dogs are accepted. This pet-friendly policy is sure to resonate with many first-time buyers who wish to share their space with beloved pets. No need to leave your four-legged friends behind; they can be part of this new adventure with you.

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$213/sqft.$2 /sqft.
717 Tipperary Ct$213/sqft.$2 /sqft.
Lakewood Condominium$150/sqft.$3 /sqft.
Lakewood Condominium$185/sqft.$3 /sqft.
718 Tullamore Ct$185/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|0.51 miles away

Everett Dirksen Elementary School

A-
Public|Grades KG–6
116 W Beech Dr|0.55 miles away

Robert Frost Jr High School

A-
Public|Grades 7–8
320 W Wise Rd|0.7 miles away

Michael Collins Elementary School

A+
Public|Grades KG–6
407 Summit Dr|0.73 miles away

Buzz Aldrin Elementary School

B
Public|Grades KG–6
617 Boxwood Dr|0.74 miles away

St Peter Lutheran School

--
Private|Grades PK–8
208 E Schaumburg R...|1.13 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

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

Buzz Aldrin Elementary School

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

St Peter Lutheran School

--
Private|Grades PK–8
208 E Schaumburg R...|1.13 Miles Away

Thomas Dooley Elementary School

A+
Public|Grades KG–6
622 Norwood Ln|1.22 Miles Away

Schaumburg Christian School

--
Private|Grades PK–12
200 N Roselle Rd|1.25 Miles Away

The District 54 Early Learning Center

--
Public|Grades PK–PK
520 E Schaumburg R...|1.27 Miles Away

Frederick Nerge Elementary School

A-
Public|Grades KG–6
660 N Woodfield Tr...|1.37 Miles Away

Margaret Mead Jr High School

A
Public|Grades 7–8
1765 Biesterfield ...|1.46 Miles Away

Schaumburg High School

A
Public|Grades 9–12
1100 W Schaumburg ...|1.59 Miles Away

Childrens Christian Learning Center

--
Private|Grades PK–KG
1900 Nerge Rd|1.63 Miles Away

Enders-Salk Elementary School

B
Public|Grades KG–6
345 N Salem Dr|1.66 Miles Away

Nathan Hale Elementary School

A
Public|Grades KG–6
1300 W Wise Rd|1.69 Miles Away

Lincoln Academy

--
Public|Grades –
320 Lincoln St|1.73 Miles Away

J B Conant High School

A-
Public|Grades 9–12
700 E Cougar Trl|1.81 Miles Away

Fairview Elementary School

A-
Public|Grades KG–6
375 Arizona Blvd|1.83 Miles Away

St Hubert School

--
Private|Grades PK–8
255 Flagstaff Ln|1.83 Miles Away

Lakeview Elementary School

B
Public|Grades KG–6
615 Lakeview Ln|1.86 Miles Away

Transit

No Transit Data Available

The Neighbourhood: Lakewood Condominium

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Lakewood Condominium Demographics

Age Demographics

0–14 Years

19.83%

15–29 Years

11.72%

30–44 Years

21.56%

45–59 Years

21.49%

60+ Years

25.4%

Commute

2.3%

Transit

0.67%

Walk

84.85%

Drive

0%

Bike

Housing Ownership

71.3%

Owner Occupied

28.7%

Rental Units

Household Types

Single Family
27.94%
Multi Family
6.1%
Single Person
33.11%
Multi Person
66.89%

Average Income

Household:$7,991,881.56 /yr

Individual:$4,220,404.91 /yr

Education

Bachelors Degree25.62%
High School College23.56%
Diploma7.31%
Post Graduate17.43%
Others26.08%
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Education

Diploma7.31%
Post Graduate17.43%
Others26.08%
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  2. /Schaumburg, IL
  3. /
    Lakewood Condominium
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