505 Tebay Place W

Schaumburg, IL
$ 474,000 Beds 3 Baths 2.5 Sq 1,704 Virtual Tour
Monthly Estimate* How much can I afford?

This home is powered by an AI Assistant! Click Virtual Tour and ask questions about the home, neighborhood, community, and local lifestyle-anytime. Rarely available true two-story home in sought-after Cutters Mill with soaring cathedral ceilings, abundant natural light, and timeless curb appeal. Freshly painted and move-in ready, featuring an updated kitchen with granite countertops, stainless steel appliances, and white cabinetry. Enjoy comfortable living spaces, a wood-burning fireplace, spacious bedrooms, and a generous primary suite. Newer roof with ridge vents, siding, A/C, and water heater. Large crawl space offers excellent storage. Ideally located near parks, shopping, restaurants, expressways, and highly regarded Schaumburg schools.

Active

  • Price
  • $ 474,000
  • City
  • Schaumburg
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • COOK
  • Half Bathrooms
  • 1
  • Area
  • Schaumburg
  • Lot Size
  • 0.2 Acres
  • Zip
  • 60194
  • Sqr Footage
  • 1,704
  • Year Built
  • 1986
  • Taxes
  • $ 9112
  • Style
  • MLS#
  • 12690992
Listed By: HomeSmart Connect LLC
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1704
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer
Garage Spaces 2
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1986
Electric Circuit Breakers
Township Schaumburg
Tax Year 2025
Ownership Fee Simple
Community Features Sidewalks,Street Lights
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Subdivision Name Cutters Mill
Total Rooms 7
Full Baths 2
Status Active
Directions Springinsguth N of Schaumburg to Cambourne W to Tebay
High School Schaumburg High School
City Schaumburg
High School District 211
MLS Area Schaumburg
Elementary School Hoover Math & Science Academy
Tax Annual Amount 9112
Middle/Junior High School Keller Junior High School
Additional Parcels Y/N No
Standard Status Active
Middle/Junior School District 54
Elementary School District 54
Property Type Detached Single

Interior Features

Interior Amenities Cathedral Ceiling(s)
Basement Crawl Space
Total Fireplaces 1
Fireplace Features Wood Burning
Half Baths 1
Laundry Features In Unit
Total Bedrooms 3
Room Type No additional rooms
LivingAreaSource Estimated
Total Baths 3
Bedrooms Possible 3
Bathroom Separate Shower,Soaking Tub

Exterior Features

Model 2 Story
Parking Features Asphalt,Garage Door Opener,Yes,Garage Owned,Attached,Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 125x70
Lot Size Acres 0.2
Waterfront Y/N No
Other Equipment Ceiling Fan(s)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Park Ridge, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Hoover Math & Science Academy Elementary School
Middle School Keller Junior High School
High School Schaumburg High School

Price History

6/29/2026 Listed $499,900
8/18/2026 6% - $474,000

Property vs Zip Code Average in 60194

Price
AVG $520K
$470K
Taxes
AVG $9,134
$9,112
Year Built
AVG 1979
1986
Visits
AVG 127
230
Data Provided by Inside Real Estate®

Areas That We Cover

505 Tebay Place W Schaumburg, IL is a Single Family Home for sale at $474000 with 1704 sqft and a lot size of 0.2 Acres Acre(s). 505 Tebay Place W Schaumburg has 3 bedrooms, 2 baths and was built in 1986. The property's zip code is 60194 which is in Schaumburg, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.