508 N Walnut Ln

2,231 Sq. Ft.
$244 / Sq. Ft.
2,231
Sq. Ft.
$244
per Sq. Ft.

Description

Live the lifestyle you deserve within this beautiful waterfront, Colonial-style home with captivating lake views providing you with peace and serenity! From the moment you arrive your eyes are drawn to the attractive landscaping and welcoming covered front porch with porch swing, which adds to its picture-perfect curb-appeal. This spacious interior was designed with modern living in mind, boasting hardwood flooring throughout the main level. Host countless gatherings within the formal living/dining...Live the lifestyle you deserve within this beautiful waterfront, Colonial-style home with captivating lake views providing you with peace and serenity! From the moment you arrive your eyes are drawn to the attractive landscaping and welcoming covered front porch with porch swing, which adds to its picture-perfect curb-appeal. This spacious interior was designed with modern living in mind, boasting hardwood flooring throughout the main level. Host countless gatherings within the formal living/dining room and prepare your favorite recipes within the well-designed kitchen; Overlooking the casual dining space and cozy family room with brick fireplace that invites you to unwind in comfort. Upstairs, retreat to the sprawling primary suite with awe-inspiring water views from the window overlooking the lake and a fantastic, walk-in closet with custom designed built-ins. An extra-large second bedroom and two additional bedrooms offer each household member plenty of room to sprawl. Take advantage of the bonus room within the lower level, offering a variety of uses to suit your individual needs. Spend time outdoors within the fully fenced, level backyard with a landscaped perimeter, patio, and those breathtaking views of the lake. Beyond the walls of the home, this neighborhood offers its residents convenient sidewalks, biking trails, parks, and Blackwell Elementary school nearby. Seize the opportunity to make this spectacular house your new home!
  1. Listed by Matthew Doughty • Marketplace Homes
    P: (702)-985-3555 C: (517)-331-1750 matt.doughty@marketplacehomes.com

Sold By Redfin Corporation

Property Details for 508 North Walnut Lane

Area
Schaumburg
Township
Schaumburg
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 11/15/2025 01:26 PM

Property Details for 508 North Walnut Lane

StatusClosed
MLS #12433657
Days on Market44
Taxes$173 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 2 Stories
Year Built1978
Lot Size0.11 AC / 4,940 SF
CountyCook County
Add your commute

Building Information for 508 North Walnut Lane

Stories-Year Built1978Building Size-Lot Size0.11 AC / 4,940 SF

Payment Calculator

$2,671 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,656

Property Taxes

$14

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 508 North Walnut Lane

General Information
School Information
  • Elementary School District: 54
  • High School District: 54
  • Middle Or Junior School District: 54
Addtl Parking Information
  • Parking Details: Yes, Attached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Num Of Rooms: 9
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Basement Type: Partially Finished, Full
  • Bedrooms Possible: 4
  • Air Conditioning: Central Air
  • Dining Room: L-shaped
  • Basement Bathrooms: No
  • Room Type: Recreation Room
  • Num of Baths: 2.1
Exterior Features
  • Patio And Porch Features: Patio
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 41-50 Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: Less Than .25 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 4940
  • Waterfront: Yes
  • Disability Access and/or Equipped: No
  • Construction: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service
  • Living Area Source: Assessor
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 3
  • Document Date: 2025-09-10T19:20:41
  • Photos Count: 25
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full, Shower Only
  • Master Bedroom Dimensions: 13X20
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 17X12
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 12X13
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 13X12
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 11X12
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 20X12
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 18X10
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 16X12
Recreation Room Information
  • Room Level: Basement
  • Room Type: Recreation Room
  • Dimensions: 23X17

Property History for 508 North Walnut Lane

DateEvent & SourcePriceAppreciation
Nov 13, 2025

Sold

MRED #12433657

$545,000
Nov 10, 2025

Sold (Public Record)

Public Record #1921532049

$545,000

+3.1% / yr

Oct 23, 2025

Pending

MRED #12433657

Oct 15, 2025

Listed (Active)

MRED #12433657

$559,900
Sep 24, 2025

Pending

MRED #12433657

Sep 10, 2025

Listed (Active)

MRED #12433657

$559,900
Dec 12, 2014

Sold (Public Record)

Public Record #485155989

$390,000
Dec 12, 2014

Sold

MRED #08737196

$390,000
Oct 27, 2014

Pending

MRED #08737196

Sep 25, 2014

Listed (Active)

MRED #08737196

$394,900
DateEvent & SourcePrice
11/13/2025

Sold

MRED #12433657

$545,000
11/10/2025

Sold (Public Record)

Public Record #1921532049

$545,000

+3.1% / yr

10/23/2025

Pending

MRED #12433657

10/15/2025

Listed (Active)

MRED #12433657

$559,900
09/24/2025

Pending

MRED #12433657

09/10/2025

Listed (Active)

MRED #12433657

$559,900
12/12/2014

Sold (Public Record)

Public Record #485155989

$390,000
12/12/2014

Sold

MRED #08737196

$390,000
10/27/2014

Pending

MRED #08737196

09/25/2014

Listed (Active)

MRED #08737196

$394,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 508 North Walnut Lane

Taxable ValueLand$4,693Additions$29,628Total$34,321
Tax Record2023$8,685 ($724 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt2,231 SqFtAbove Grade Finished SqFt2,231 SqFtStories2Lot Size4,940 SqFtStyleSingle Family ResidenceYear Built1978CountyCOOKAPN07-18-408-045Fireplace TypeHas Fireplace

Schools near 508 North Walnut Lane

This home is within Schaumburg Central Consolidated School District 54.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 4 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elizabeth Blackwell Elementary School
PublicK to 6

Jane Addams Junior High School
Public4 to 8

Schaumburg High School
Public9 to 12

Higgins Education Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Marketplace Homes

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/15/2025 01:26 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.