1500 Burberry Lane, Schaumburg, Illinois, 60173, represents more than just an address; it embodies the pinnacle of luxury living within the highly sought-after Schaumburg community. This recently sold property, boasting a generous 4,700 square feet, four bedrooms, and five bathrooms, commanded a significant price of $1,200,000 when it exchanged hands on June 12th, 2023. This article delves deep into the specifics of this impressive estate, exploring its features, the surrounding neighborhood, the property's history (based on available public records), and the factors contributing to its high sale price. We'll also examine comparable properties and the current real estate market in Schaumburg to better understand the value and significance of 1500 Burberry Lane.
Property Overview: A Look Inside 1500 Burberry Lane
The sheer size of 1500 Burberry Lane immediately sets it apart. 4,700 square feet provides ample space for comfortable living and entertaining. The four bedrooms and five bathrooms cater to a large family or those who appreciate luxurious private spaces. While detailed floor plans and interior photos are typically not publicly available after a sale, based on similar properties in the area and the sale price, we can infer a high level of finish and amenities. Features likely include high-end appliances, custom cabinetry, expansive windows offering natural light, and potentially a gourmet kitchen, a home theater, or other luxury upgrades.
The exterior of the property, judging by the address and neighborhood, likely features a meticulously landscaped yard, potentially with a swimming pool, patio, or other outdoor amenities. Schaumburg is known for its well-maintained neighborhoods, and properties on Burberry Lane are typically situated on sizable lots, contributing to the overall privacy and spaciousness. The curb appeal of homes in this area is often a significant selling point, reflecting the pride of ownership common in this affluent community.
1500 Burberry Lane, Schaumburg, IL 60173 Property Records: Unveiling the History
Accessing public property records for 1500 Burberry Lane, Schaumburg, IL 60173, provides valuable insights into the property's history. These records, typically available through the Cook County Assessor's office or other relevant government websites, offer details about previous owners, tax assessments, and any significant property improvements or renovations undertaken over the years. Analyzing this historical data can shed light on the property's value appreciation and any potential factors influencing its current market value.
While specifics regarding previous owners and transaction details are often protected by privacy laws, the assessment records provide information on the property's size, features, and assessed value over time. This historical data can be used to track property value trends, identify any periods of significant renovation or expansion, and gain a better understanding of the property's overall condition and maintenance history. This information is crucial for anyone interested in understanding the investment potential of similar properties in the area.
The Schaumburg, IL Real Estate Market: Contextualizing the Sale Price
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