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  3. Schaumburg, IL
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  5. Lakewood Condominium
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Lakewood Condominium

721 Limerick Lane, Schaumburg, IL, 60193 |Lakewood Condominium

YEAR BUILT

1995

# STORIES

1

# TOTAL UNITS

16

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Lakewood Condominium sits at 721 Limerick Lane in Schaumburg. This low-rise building has just one story and includes 16 units. It was built in 1995 and provides a cozy living environment. These units come with 2 bedrooms and vary between 1,150 to 1,250 square feet. Prices have fallen between $175,000 and $200,000. The average price is around $200,000, which comes to about $182 per square foot. On average, units spend about 82 days on the market. This allows buyers enough time to think through their choices without feeling rushed. Nearby, residents can access various amenities. The property includes a park, tennis courts, and an indoor pool for relaxation. A clubhouse and party room are also available for social gatherings. Biking enthusiasts can enjoy bike trails close to the property. Frato's Eatery and Bisi African Restaurant are two local spots for dining. Royal Grocery serves grocery needs, adding easy access to food shopping. Being near major roads helps with commuting and daily travel. The building is a short drive from nearby lakes, which is great for those who love outdoor activities. This area fosters a friendly community and offers a comfortable lifestyle.

Building ImageMLS ID #12286236
Building ImageMLS ID #11980724
Building ImageView Listing

Lakewood Condominium

721 Limerick Lane, Schaumburg, IL, 60193

|Lakewood Condominium

YEAR BUILT

1995

# STORIES

1

# TOTAL UNITS

16

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Lakewood Condominium sits at 721 Limerick Lane in Schaumburg. This low-rise building has just one story and includes 16 units. It was built in 1995 and provides a cozy living environment. These units come with 2 bedrooms and vary between 1,150 to 1,250 square feet. Prices have fallen between $175,000 and $200,000. The average price is around $200,000, which comes to about $182 per square foot. On average, units spend about 82 days on the market. This allows buyers enough time to think through their choices without feeling rushed. Nearby, residents can access various amenities. The property includes a park, tennis courts, and an indoor pool for relaxation. A clubhouse and party room are also available for social gatherings. Biking enthusiasts can enjoy bike trails close to the property. Frato's Eatery and Bisi African Restaurant are two local spots for dining. Royal Grocery serves grocery needs, adding easy access to food shopping. Being near major roads helps with commuting and daily travel. The building is a short drive from nearby lakes, which is great for those who love outdoor activities. This area fosters a friendly community and offers a comfortable lifestyle.

Next

Description

Lakewood Condominium sits at 721 Limerick Lane in Schaumburg. This low-rise building has just one story and includes 16 units. It was built in 1995 and provides a cozy living environment. These units come with 2 bedrooms and vary between 1,150 to 1,250 square feet. Prices have fallen between $175,000 and $200,000. The average price is around $200,000, which comes to about $182 per square foot. On average, units spend about 82 days on the market. This allows buyers enough time to think through their choices without feeling rushed. Nearby, residents can access various amenities. The property includes a park, tennis courts, and an indoor pool for relaxation. A clubhouse and party room are also available for social gatherings. Biking enthusiasts can enjoy bike trails close to the property. Frato's Eatery and Bisi African Restaurant are two local spots for dining. Royal Grocery serves grocery needs, adding easy access to food shopping. Being near major roads helps with commuting and daily travel. The building is a short drive from nearby lakes, which is great for those who love outdoor activities. This area fosters a friendly community and offers a comfortable lifestyle.

Lakewood Condominium Market Stats Last 12 months

Avg. Listed Price$212,900($194/Sqft.)
Avg. Sale Price$200,000($182/Sqft.)
Year over year list priceUp Arrow6.45%
Year over year sale price0 0.00%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market82 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceUp Arrow6.45%
Year over year sale price00.00%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market82 days
Average HOA fees per sqft$2 /monthly

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 2C2C110022802025-04-30
MLS#: 12286236 		Closed$200,000
Unit 1D1D120022622024-04-30
MLS#: 11980724 		Closed$200,000
Unit 1B1B110022612022-07-20
MLS#: 11411272 		Closed$175,000
Unit 1B
1B

2 Beds

2 Baths

1100 sqft

DateStatusPrice
2022-07-20Closed$175,000
MLS#: 11411272
Days On Market61
Unit 1D
1D

2 Beds

2 Baths

1200 sqft

DateStatusPrice
2024-04-30Closed$200,000
MLS#: 11980724
Days On Market62
Unit 2C
2C

2 Beds

2 Baths

1100 sqft

DateStatusPrice
2025-04-30Closed$200,000
MLS#: 12286236
Days On Market80
View Complete Unit Listing HistorySource By: MRED

Amenities

What’s a great place to live without some wonderful amenities? At Lakewood, you can indulge in the indoor pool year-round, whip up some friendly competition on the tennis courts, or host fabulous birthday parties in the clubhouse. Climate won’t be an issue here, thanks to an inviting recreational atmosphere, whether you want to relax by the pool or enjoy a sunny picnic at the adjacent park. And for those who love biking, the trails here are just waiting for you to explore.

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Amenities Description

What’s a great place to live without some wonderful amenities? At Lakewood, you can indulge in the indoor pool year-round, whip up some friendly competition on the tennis courts, or host fabulous birthday parties in the clubhouse. Climate won’t be an issue here, thanks to an inviting recreational atmosphere, whether you want to relax by the pool or enjoy a sunny picnic at the adjacent park. And for those who love biking, the trails here are just waiting for you to explore.

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

Indoor Pool

Indoor Pool

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

When searching for a new home, policies can sometimes make or break your experience. Good news! At Lakewood, furry friends are welcome; cats and dogs are both allowed. This paves the way for a warm and family-friendly atmosphere that many first-time buyers are looking for in a new home.

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$182/sqft.$2 /sqft.
Lakewood Condominium$197/sqft.$3 /sqft.
Lakewood Condominium$189/sqft.$2 /sqft.
Lakewood Condominium$207/sqft.$2 /sqft.
701 Limerick Ln$189/sqft.$2 /sqft.
733 Limerick Ln$197/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Lakewood Condominium.

Hadi School of Excellence

--
Private|Grades PK–8
375 S Roselle Rd|0.76 miles away

Everett Dirksen Elementary School

A-
Public|Grades KG–6
116 W Beech Dr|0.83 miles away

Robert Frost Jr High School

A-
Public|Grades 7–8
320 W Wise Rd|0.92 miles away

Michael Collins Elementary School

A+
Public|Grades KG–6
407 Summit Dr|0.99 miles away

Buzz Aldrin Elementary School

B
Public|Grades KG–6
617 Boxwood Dr|1.03 miles away

St Peter Lutheran School

--
Private|Grades PK–8
208 E Schaumburg R...|1.58 miles away
Next

Schools

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|1.03 Miles Away

St Peter Lutheran School

--
Private|Grades PK–8
208 E Schaumburg R...|1.58 Miles Away

Thomas Dooley Elementary School

A+
Public|Grades KG–6
622 Norwood Ln|1.69 Miles Away

The District 54 Early Learning Center

--
Public|Grades PK–PK
520 E Schaumburg R...|1.74 Miles Away

Frederick Nerge Elementary School

A-
Public|Grades KG–6
660 N Woodfield Tr...|1.76 Miles Away

Schaumburg Christian School

--
Private|Grades PK–12
200 N Roselle Rd|1.76 Miles Away

Margaret Mead Jr High School

A
Public|Grades 7–8
1765 Biesterfield ...|1.91 Miles Away

Childrens Christian Learning Center

--
Private|Grades PK–KG
1900 Nerge Rd|2.11 Miles Away

Schaumburg High School

A
Public|Grades 9–12
1100 W Schaumburg ...|2.22 Miles Away

Lincoln Academy

--
Public|Grades –
320 Lincoln St|2.27 Miles Away

Nathan Hale Elementary School

A
Public|Grades KG–6
1300 W Wise Rd|2.29 Miles Away

Enders-Salk Elementary School

B
Public|Grades KG–6
345 N Salem Dr|2.32 Miles Away

J B Conant High School

A-
Public|Grades 9–12
700 E Cougar Trl|2.48 Miles Away

Fairview Elementary School

A-
Public|Grades KG–6
375 Arizona Blvd|2.52 Miles Away

St Hubert School

--
Private|Grades PK–8
255 Flagstaff Ln|2.55 Miles Away

Lakeview Elementary School

B
Public|Grades KG–6
615 Lakeview Ln|2.59 Miles Away

Transit

No Transit Data Available

The Neighbourhood: Lakewood Condominium

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Lakewood Condominium Demographics

Age Demographics

0–14 Years

20.01%

15–29 Years

11.75%

30–44 Years

21.54%

45–59 Years

21.49%

60+ Years

25.21%

Commute

2.27%

Transit

0.66%

Walk

85.03%

Drive

0%

Bike

Housing Ownership

71.37%

Owner Occupied

28.63%

Rental Units

Household Types

Single Family
28.29%
Multi Family
6.09%
Single Person
32.46%
Multi Person
67.54%

Average Income

Household:$7,983,045.93 /yr

Individual:$4,200,889.18 /yr

Education

Bachelors Degree25.63%
High School College23.52%
Diploma7.29%
Post Graduate17.28%
Others26.29%
Next

Education

Diploma7.29%
Post Graduate17.28%
Others26.29%
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  2. /Schaumburg, IL
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    Lakewood Condominium
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