Downtown Schaumburg

Quick Facts

  • Current Prices:$105,000 to $440,000
  • Closed Prices:$64,900 to $579,500
  • Median Sale Price:$239,950
  • Average $ per sq ft:$172
  • Association Fee Ranges:$475,$38 to $415/mo,$0
(based on data from the last 12 months)
  • Type:Attached Home (Condo, Townhouse, Loft, etc.), Single Family Home
  • Age:1955 to 2016
  • Sq. Ft.:700 to 3,000Sq. Ft.
  • Bedrooms:1 to 6Bedrooms
  • Bathrooms:1 to 4Bathrooms

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Notable For

Olde Schaumburg Centre is the closest Schaumburg has to a traditional suburban downtown. Rising along the intersection of Roselle and Schaumburg Road, Olde Schaumburg Centre is a small stretch of local businesses and restaurants. Home to the Schaumburg Town Square, the Schaumburg Township District Library, Olde Schaumburg Centre Park, and the Olde Schaumburg Centre farmers market in the summer months, this area is frequented by locals enjoying a nice meal or walking the quiet greenspaces away from the Woodfield crowds.

Schaumburg is most notable for its retail claim to fame: Woodfield Mall. As the largest shopping mall in Illinois and one of the largest malls in the country, Woodfield welcomes shoppers from all across Chicagoland as well as out-of-state visitors. With over 300 stores alongside restaurants and family-friendly amenities, this massive mall provides Schaumburg residents with convenient access to all their retail needs. The area around the mall also serves as an amenity-filled entertainment hub with Woodfield Village Green, Woodfield Commons, Woodfield Plaza, and Streets of Woodfield providing additional retail, dining, and entertainment venues.

Cost of Living

As part of the Golden Corridor, Schaumburg enjoys a healthy economy with high-paying jobs and thriving businesses. The median household income is above the both the state and national average, but the median home price remains relatively affordable.


South of Woodfield Mall, the Northwest Transportation center is a bus depot that provides commuters with access to the 208, 600, 604, 606, 607, 608, and 611 Pace Bus routes. Residents near Downtown Schaumburg also have easy access to Interstates 290 and 90. With light traffic, I-90 can get Schaumburg residents into Chicago in a little over half an hour. Also, residents near Downtown Schaumburg can reach O’Hare International Airport in 20 minutes.


This area of Schaumburg is covered by District 54 and Township High School District 211, both of which have very high-ranking schools. Downtown Schaumburg also has several satellite campuses of reputable colleges and universities.


In the summertime, the Town Square in Olde Schaumburg Centre puts on free concerts and family-friendly entertainment. Directly across the street, the Schaumburg Library also hosts many free events for the community, including movie screenings, craft classes, adult seminars, and family story-time. For even more arts and culture, you can also visit the Trickster Art Gallery which displays contemporary Native American art.

With much more to do than just shop, Woodfield is an epicenter of entertainment. The mall and its surrounding properties offer comedy clubs, arcades, spas, bowling alleys, Legoland Discovery Center, and a movie theater alongside high-end retail, affordable shops, specialty bars, and an expanse of dining options.


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Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.


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