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534 Summit Dr

Schaumburg, IL 60193

3 bd 4 ba 2,862 sqft Built 1969 single_family
Most recent sale
$606,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2026 Listed $715,000 MRED
Apr 8, 2022 Sold $606,000 MLS #11342644
Mar 14, 2022 Price changed $600,000 MLS #11342644
Mar 9, 2022 Listed $525,000 MLS #11342644
Dec 7, 2011 Sold $265,000 Public Record
Jan 1, 1984 Sold $124,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $33,028 $8,515 $41,543 $11,637
2022 $48,484 $8,515 $56,999 $14,554
2021 $26,257 $5,760 $32,017 $8,694
2020 $26,257 $5,760 $32,017 $8,612
2019 $29,815 $5,760 $35,575 $8,616
2018 $28,051 $4,758 $32,809 $8,815
2017 $28,051 $4,758 $32,809 $8,694
2016 $28,051 $4,758 $32,809 $8,373
2015 $25,086 $4,007 $29,093 $7,919
2014 $25,086 $4,007 $29,093 $7,848
2013 $25,086 $4,007 $29,093 $7,630
2012 $31,696 $4,508 $36,204 $8,903
2011 $32,324 $4,508 $36,832 $9,279
2010 $32,324 $4,508 $36,832 $2,818
2009 $34,724 $4,758 $39,482 $2,484
2008 $33,515 $7,613 $41,128 $2,304
2007 $33,515 $7,613 $41,128 $2,416
2006 $27,880 $7,212 $35,092 $2,805

Property facts

Year built
1969
Property type
single_family
Stories
Beds
3
Baths
4
Living area
2,862 sqft
Lot size
ZIP code
60193
City
Schaumburg
Street
Summit Dr
Coordinates
42.01669, -88.06985

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,152
Gross rental yield
10.20%
Implied cap rate
6.63%
Trend-extrapolated value

Frequently asked questions

When did 534 Summit Dr last sell?
534 Summit Dr most recently sold on Apr 8, 2022 for $606,000.
What is the current tax assessment for 534 Summit Dr?
The most recent total assessment for 534 Summit Dr (year 2023) is $41,543 with $11,637 in property tax.
How does 534 Summit Dr's assessment compare to its last sale price?
The current assessment is 93.1% below the last sale price of $606,000.
When was 534 Summit Dr built?
534 Summit Dr was built in 1969.
How does 534 Summit Dr compare to others on Summit Dr?
We track 8 other properties on Summit Dr. Browse the list under "Other properties on Summit Dr" to compare beds, baths, and sale history.
What are the property facts for 534 Summit Dr?
534 Summit Dr is a 3 bed, 4 bath, 2,862 sqft single_family.
Is 534 Summit Dr a flip candidate?
No — 534 Summit Dr does not appear in our flips dataset.
Is 534 Summit Dr a tax-appeal candidate?
No — 534 Summit Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+5.9%
2026 Q3
$381.3K
2026 Q4
$386.4K
ZIP 60193 — Median Price History + Forecast

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