Full rehab opportunity! Welcome to this hidden gem in the heart of Schaumburg, perfect for seasoned investors, rehabbers, or ambitious homeowners ready to bring their vision to life. This 4 -bedroom,2.5-bathroom home sits on a 29,200 SQFT huge lot and offers an exciting opportunity for a complete transformation from top to bottom. Home includes Solar panels installed about 5 years ago (Currently leased at $78 per month) Transferable to new buyer. The roof is also 5 years old. This property is in need of a full renovation - including kitchen, bathrooms, mechanicals, flooring, windows, and more - making it a blank canvas for those with the imagination and experience to create something truly special. Whether you're looking to flip, rent, or build equity in a personal residence, the potential is undeniable. Located in a desirable area with easy access to highways, schools, parks, and shopping, this home has the bones and the location - it just needs the right buyer to unlock its value. Property is being sold AS-IS. Buyer responsible for any city-required inspections, escrow requirements or repairs. Bring your contractor and your creativity - opportunities like this don't come often with this kind of lot size and potentials are rare - don't miss out!
Contingent
$480,000
421 E Wise Rd, Schaumburg, IL 60193
4beds
2,627sqft
Est.:
Single Family Residence
Built in 1973
0.66 Acres Lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
Huge lot
- 143 days |
- 124 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: September 26, 2025 at 02:14pm
Listing courtesy of:
Mehul Patel 630-520-2351,
KMS Realty, Inc.,
Bobby Kothari 847-770-3039,
KMS Realty, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12436478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Bathroom (Full)
- Level: Second
- Area: 270 Square Feet
- Dimensions: 18X15
Bedroom 2
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11X10
Bedroom 3
- Level: Second
- Area: 165 Square Feet
- Dimensions: 15X11
Bedroom 4
- Level: Second
- Area: 182 Square Feet
- Dimensions: 13X14
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Family room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17X12
Kitchen
- Level: Main
- Area: 240 Square Feet
- Dimensions: 12X20
Laundry
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8X8
Living room
- Level: Main
- Area: 360 Square Feet
- Dimensions: 15X24
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished,Partial
Interior area
- Total structure area: 0
- Total interior livable area: 2,627 sqft
Property
Parking
- Total spaces: 6
- Parking features: On Site, Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 0.66 Acres
- Dimensions: 100 X 286
Details
- Parcel number: 07351000100000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Schaumburg
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $470,000
- Annual tax amount: $11,494
- Date on market: 8/4/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Contingent | $480,000$183/sqft |
Source: | ||
| 8/4/2025 | Listed for sale | $480,000$183/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $11,494 +49.4% | $47,000 |
| 2022 | $7,695 -5.7% | $47,000 +40% |
| 2021 | $8,158 +2.5% | $33,577 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,247/mo
Principal & interest
$2327
Property taxes
$752
Home insurance
$168
Climate risks
Neighborhood: 60193
Nearby schools
GreatSchools rating
- 9/10Frederick Nerge Elementary SchoolGrades: K-6Distance: 0.6 mi
- 10/10Margaret Mead Junior High SchoolGrades: 7-8Distance: 0.9 mi
- 10/10J B Conant High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- High: J B Conant High School
- District: 54
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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