Schaumburg Real Estate & Information

Schaumburg Real Estate & Information

Unofficially known as Sarah's Grove from the time the first settlers came until 1850, this quiet farming community always enjoyed a prosperous existence. Potatoes, dairy products and cattle thrived in the area and bountiful wildlife ensured those early residents a good living. In 1851, Frederick Nerge, a prominent citizen from Germany, insisted they name the town Schaumburg, honoring the Schaumburg-Lippe community in Germany from whence he came. His fellow citizens agreed in a vote. In 1858, the first market appeared, followed by cheese factories, more stores and tradesmen. Since the railroad bypassed the community, transporting goods to market was difficult, causing slow growth.

The advent of automobiles helped deliver the town from its prior isolation and in 1956, Schaumburg finally incorporated. O'Hare Field grew into an international airport and the Northwest Tollway made driving easier. A farsighted governing board reserved land for industrial, commercial and office space, changing the face of Schaumburg forever. Tremendous growth included Motorola's corporate headquarters, a second expressway and Woodfield Mall. By 2010, the population reached 74,227 and Schaumburg real estate has gone from rural to urban.

Shopping and Dining

The place to go shopping in Schaumberg has long been the Woodfield Mall. As the 11th largest mall in the nation, it boasts over 300 stores. The building of the shopping center in 1971 marked a milestone in Schaumburg's development, and it still holds a prominent place in its economy. Although other malls have come to the area, none holds the prestige of Woodfield. Nonetheless, a number of boutiques have found success in the area such as Marinella's and House of Brides.

Diners will enjoy the vast number of options they have when it comes to going out for dinner. Morton's Steakhouse is fine dining by its very definition. Other very popular options include Wildfire, Seasons 52 and White Chocolate, all of which serve traditional American cuisine. For more eclectic flavors, Brazil Express Churrasco Grill offers steaks South American style. Chicago Prime Italian and the Melting Pot offer additional choices. Schaumburg real estate is never far from a great place to eat.

Parks and Recreation

Comedy is king in Schaumburg, with the Improv Comedy Club and Laugh Out Loud Theater. Not to be outdone, Medieval Times takes dinner theater to the extreme, with live jousting during your meal. For golfers, the Medinah Country Club is a great destination, with three beautiful courses and a gorgeous venue for special events. The Itasca Country Club offers beautiful greens and a heated pool. Schaumburg Park District offers year round activities from swimming in summer to sledding in winter. Residents of Schaumburg real estate can always find something fun to do near their homes.

Living

Living in Schaumburg represents the best of the city of Chicago, less than an hour away, and the quiet existence of the suburbs. Shopping, dining and entertainment are all close by. The park system offers every activity imaginable from dancing to art lessons. Your neighbors will be well educated, with 94.3 percent high school graduates, 44 percent with a bachelor's degree or higher and 14.6 percent with a graduate or professional degree, according to City Data. As for Schaumburg real estate prices, the estimated median house or condominium value in 2012 was $234,000.

Many residents commute to Chicago via the Metra system, or by private vehicle via the Interstate-290. Many chose to work in Schaumburg. Principal employers include Motorola, Woodfield Mall, Zurich Insurance, Community Consolidated School District 54 and IBM. These employers account for 15,383 of the jobs in the Village.

Schools, Health, and Transportation

Three elementary school districts serve Schaumberg as well as one high school district. Schaumburg Township District 54, Palatine Community Consolidated District 15, Elgin School District U46 and Township High School District 211. Overall, Great Schools rates the schools serving students in the Schaumburg real estate district with a rare score of 10. Departing from the traditional method of financing schools with sales taxes, property taxes fund Schaumburg public schools.

Schaumburg Immediate Care, an Alexian Brothers facility, and Northwest Community Healthcare are the most highly rated medical facilities in Schaumburg. Alexian Brothers is a Catholic hospital.

Commuters from Schaumburg to Chicago generally use the Interstate-290, with some relying instead upon the Interstate-90. The Milwaukee District/West Line is the Metra connection between Elgin and Chicago Union Station. The Suburban Transit Access Route, or STAR Line is a proposal that would make a huge impact on Schaumburg real estate. It would serve key job centers such as the Motorola campus and provide an alternative to inter-suburban drivers. It would also connect to O'Hare International Airport. Currently, drivers must take the Interstate-90 for 15.5 miles to reach the airport.

 

If you are thinking about buying or selling a home, give us a call at (630)539-7355 or send us an email to explore your options and to find out when is the best time for you to make a move.

Contact Information

Susan Camiliere
RE/MAX Central
455 Roselle Rd
Roselle IL 60172
Direct: (630)539-7355
Cell/Text: (312)504-7355
Fax: (630)307-1002