4700 Arbor Drive, Rolling Meadows, IL 60008

Schaumburg
Building in 60008
Built in 1973
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Welcome to 4700 Arbor Drive, a building located in Schaumburg in Rolling Meadows, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1973. The market value for the land that the building sits on has been listed at $1,205,740. In addition, improvements upon the building have an added value of $41,600. In total, the total market value of the property as a whole is $1,247,340. According to local assessors, the total value of the building is currently valued at $124,734. Specifically, the value of the land that the property sits on has been assessed at $120,574. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1973
Effective Year Built
1973
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
Unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Living Units
30
Business/Commerical Units Count
2
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Commercial
Subdivision
RAMLIN ROSE ESTATES UNIT1 SUB OF P
Land Acres
2.77
Standard Land Use Code
Commercial (general)
County Land Use Code
unknown
Ownership
Current Owner
THE APARTMENTS AT WOODFIELD LLC
Current Owner's Name
THE APARTMENTS AT WOODFIELD LL
Previous Owner
FPA6 WOODFIELD LLC
Previous Owner's Name
FPA6 WOODFIELD LLC
Owner Address - City
BROOKLYN
Owner Address - State
NY
Owner Address - ZIP Code
11219
Owner Before Previous Owner
CMIF WOODFIELD CROSSING LLC
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Schaumburg Community Consolidated School District 54
Census Tract
804603
Census Block Code
1055
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170318046031055
Census - Metropolitan Division - Area Code
16974
Census - Metropolitan Division - Area Name
Chicago-Naperville-Arlington Heights, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1765338
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
804603
School District - Secondary - Grade High
12
School District - Secondary - Grade Low
09
School District - Secondary - LEA Code
1730450
School District - Secondary - Name
Township High School District 211
Zoning
Geography
District
35
Parcel
07-12-203-008-0000
Lot
1,2
Lot Code
unknown
Meridian
SEC 12 TWN 41N RNG 10E
Municipality
SCHAUMBURG
Latitude
42.0604
Longitude
-88.0315
FIPS
17031
Mailing Carrier Code
C002
Mailing Full Street Address
1021 38TH ST
Mailing House Number
1021
Mailing Street Mode
ST
Mailing Street
38TH
Mailing 4-Digit Zip Code
1863
Old APN
07-12-203-008-0000
Geo Status Code
unknown
Valuation
Timestamp
2024-04-01 16:00:28
UCID Flag
C
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 4700 Arbor Drive is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 60008 area have a median price of $1,800. Those in the 25th percentile, have a price around $1,775. While those in the 75th percentile, have a price around $1,800. Typically, the buildings in this area have a median sqft of 990. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There are currently a total of 3 two bedroom listings. The median price for these types of listings is $1,800. That's $1.79 price per sqft.

  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
4700 Arbor Drive is located in 60008. There are 22,023 people living here. There are 8,355 households. Most of these households have an average family size of 3.22 people. According to the census, 30% are currently renting while 70% own their homes. The median age of this population is around 37 years old. On average, most folks in the zipcode are unmarried. About 39% of folks speak a language other than English in this area. The area's employment rate is currently around 65.1%. Speaking of employment, the median income is $64,100. Most folks will commute by car for around 25.7 minutes. Finally, we know that 23% of residents in the area have graduated with their high school degree. Additionally, 21% and 12% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Cook County, Illinois has a population of 5,227,575 people. Based on census records, there are 1,951,606 registered households. Families in this area are on average made up of 3.43 people per household. Most folks are unmarried. They are also typically around 36.1 years old. Does diversity matter to you? Right now, 35% of folks speak a language other than English here. About 43% rent while 57% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 15% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $56,902.

Finally, let's take a look at the stats related to Chicago, IL - IN Urban Area. The urban area is home to 8,672,319 people. A total of 3,153,810 households are registered here. With average family sizes being listed at 3.4 people. About 24% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 14% have their Master's degree. Folks speaking a language other than English, make up about 30% of the population. Speaking of your commute, 61.2% of people in this area are employed. The recorded median income is currently at $63,064 per year. The median population age has been listed at 36.6 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 37% of the population while homeowners are at about 63% of the population.
-
Studio Median Rent
-
1BR Median Rent
$1,800
2BR Median Rent
-
3BR Median Rent
PUBLIC TRANSIT
Schaumburg Trolley
IKEA (0.43 mi - 10 min walk)
PACE
Schaumburg Trolley
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697
Meacham Rd & Drummer Dr/Progress Pkwy (0.67 mi - 16 min walk)
PACE
697
Meacham Rd & Progress Pkwy/Drummer Dr (0.68 mi - 17 min walk)
PACE
208
606
Walter Payton Dr & McConnor Pkwy (0.69 mi - 17 min walk)
PACE

Nearby Schools

(within attendance boundary)
Adlai Stevenson Elem School  •  4.39 mi
1414 Armstrong Ln, Elk Grove Village, IL 60007
Public  •  Elementary  •  Grades KG to 6
Schaumburg Community Consolidated School District 54
Margaret Mead JHS  •  3.75 mi
1765 Biesterfield Rd, Elk Grove Village, IL 60007
Public  •  Middle School  •  Grades 7 to 8
Schaumburg Community Consolidated School District 54
Wm Fremd High School  •  2.88 mi
1000 S Quentin Rd, Palatine, IL 60067
Public  •  High School  •  Grades 9 to 12
Township High School District 211
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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