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  3. Schaumburg, IL
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  5. Lakewood Condominium
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Lakewood Condominium

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

YEAR BUILT

1976

# STORIES

3

# TOTAL UNITS

14

UNIT SIZE RANGE

900-1,000 sqft

Description

Lakewood Condominium sits at 725 Limerick Lane in Schaumburg, near a popular park and a tennis court. This low-rise building has 3 stories and offers a total of 14 units. It was built in 1976 and has a cozy feel thanks to its smaller size. Each unit features one bedroom and ranges from 900 to 1,000 square feet. Recent prices for units have been between $142,000 and $165,000, averaging around $165,000 overall. This gives about $207 per square foot for sold listings. Units sell fairly quickly, with an average time on the market of 45 days. The property includes desirable amenities like a pool, exercise room, and a clubhouse. Residents can enjoy beautiful views of the nearby water while relaxing on the sundeck or using bike trails. The basketball court and party room add to the lifestyle here. Living close to places like Royal Grocery and Frato's Eatery makes shopping and dining easy. Bisi African Restaurant also offers variety just a short drive away. The neighborhood feels lively yet comfortable. This location allows access to the surrounding area, but it is still a peaceful spot. The nearby park provides a nice outdoor space for leisurely strolls or picnics. Overall, Lakewood Condominium offers a blend of comfort and functionality, perfect for those looking to settle in a friendly community.

Building ImageMLS ID #12278531
Building ImageMLS ID #11461023
Building ImageView Listing

Lakewood Condominium

725 Limerick Lane, Schaumburg, IL, 60193

|Lakewood Condominium

YEAR BUILT

1976

# STORIES

3

# TOTAL UNITS

14

UNIT SIZE RANGE

900-1,000 sqft

Description

Lakewood Condominium sits at 725 Limerick Lane in Schaumburg, near a popular park and a tennis court. This low-rise building has 3 stories and offers a total of 14 units. It was built in 1976 and has a cozy feel thanks to its smaller size. Each unit features one bedroom and ranges from 900 to 1,000 square feet. Recent prices for units have been between $142,000 and $165,000, averaging around $165,000 overall. This gives about $207 per square foot for sold listings. Units sell fairly quickly, with an average time on the market of 45 days. The property includes desirable amenities like a pool, exercise room, and a clubhouse. Residents can enjoy beautiful views of the nearby water while relaxing on the sundeck or using bike trails. The basketball court and party room add to the lifestyle here. Living close to places like Royal Grocery and Frato's Eatery makes shopping and dining easy. Bisi African Restaurant also offers variety just a short drive away. The neighborhood feels lively yet comfortable. This location allows access to the surrounding area, but it is still a peaceful spot. The nearby park provides a nice outdoor space for leisurely strolls or picnics. Overall, Lakewood Condominium offers a blend of comfort and functionality, perfect for those looking to settle in a friendly community.

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Description

Lakewood Condominium sits at 725 Limerick Lane in Schaumburg, near a popular park and a tennis court. This low-rise building has 3 stories and offers a total of 14 units. It was built in 1976 and has a cozy feel thanks to its smaller size. Each unit features one bedroom and ranges from 900 to 1,000 square feet. Recent prices for units have been between $142,000 and $165,000, averaging around $165,000 overall. This gives about $207 per square foot for sold listings. Units sell fairly quickly, with an average time on the market of 45 days. The property includes desirable amenities like a pool, exercise room, and a clubhouse. Residents can enjoy beautiful views of the nearby water while relaxing on the sundeck or using bike trails. The basketball court and party room add to the lifestyle here. Living close to places like Royal Grocery and Frato's Eatery makes shopping and dining easy. Bisi African Restaurant also offers variety just a short drive away. The neighborhood feels lively yet comfortable. This location allows access to the surrounding area, but it is still a peaceful spot. The nearby park provides a nice outdoor space for leisurely strolls or picnics. Overall, Lakewood Condominium offers a blend of comfort and functionality, perfect for those looking to settle in a friendly community.

Lakewood Condominium Market Stats Last 12 months

Avg. Listed Price$172,000($215/Sqft.)
Avg. Sale Price$165,000($207/Sqft.)
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market45 days
Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market45 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 1B1B80011452025-03-27
MLS#: 12278531 		Closed$165,000
Unit 2B2B850112602023-03-28
MLS#: 11461023 		Closed$142,000
Unit 1-A1-A-113062008-06-02
MLS#: 06626340 		Closed$120,000
Unit 1-A
1-A

1 Beds

1 Baths

0 sqft

DateStatusPrice
2008-06-02Closed$120,000
MLS#: 06626340
Days On Market306
Unit 1B
1B

1 Beds

1 Baths

800 sqft

DateStatusPrice
2025-03-27Closed$165,000
MLS#: 12278531
Days On Market45
Unit 2B
2B

1 Beds

1 Baths

850 sqft

DateStatusPrice
2023-03-28Closed$142,000
MLS#: 11461023
Days On Market260
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at Lakewood isn't just about the space; it’s also about enjoying a lifestyle that is packed with perks. Whether you enjoy hitting the court for a friendly game of tennis or prefer to lounge by the pool, this condo checks all the boxes. You’ll appreciate the exercise room for those workout sessions, while the sundeck is perfect for soaking up the sun. Want to host a gathering? The party room and clubhouse will be your new best friends! If you fancy a stroll or a bike ride, the nearby bike trails and park ensure you stay active while enjoying the beauty of nature.

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Amenities Description

Living at Lakewood isn't just about the space; it’s also about enjoying a lifestyle that is packed with perks. Whether you enjoy hitting the court for a friendly game of tennis or prefer to lounge by the pool, this condo checks all the boxes. You’ll appreciate the exercise room for those workout sessions, while the sundeck is perfect for soaking up the sun. Want to host a gathering? The party room and clubhouse will be your new best friends! If you fancy a stroll or a bike ride, the nearby bike trails and park ensure you stay active while enjoying the beauty of nature.

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
Next

Amenities

Water View

Water View

Exercise Room

Exercise Room

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

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

For pet enthusiasts, there’s good news—cats and dogs are welcome at Lakewood! This makes it a fantastic option for animal lovers who want to enjoy condo living without leaving their furry friends behind.

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$207/sqft.$2 /sqft.
Lakewood Condominium$197/sqft.$3 /sqft.
Lakewood Condominium$189/sqft.$2 /sqft.
Lakewood Condominium$182/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
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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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