
505 Tebay Place W, Schaumburg, IL 60194
Cutters Mill · Cook County
Key Facts
Description
Rarely available true two-story home in sought-after Cutters Mill featuring soaring cathedral ceilings, abundant natural light, and timeless curb appeal. Freshly painted and move-in ready, this inviting home offers the perfect blend of space, comfort, and opportunity. The updated kitchen features granite countertops, stainless steel appliances, and white cabinetry, opening to comfortable living spaces designed for everyday living and entertaining. A wood-burning fireplace adds warmth and character. Upstairs, you'll find spacious bedrooms, including a generous primary suite, creating the ideal retreat at the end of the day. Major updates include a newer roof with ridge vents, newer siding, newer air conditioning, and a newer water heater, giving buyers added confidence for years to come. A large crawl space provides exceptional storage. Situated in one of Schaumburg's most desirable neighborhoods, you'll enjoy easy access to parks, shopping, restaurants, expressways, and highly regarded schools. True two-story homes with soaring cathedral ceilings are rarely available in Cutters Mill. Don't miss this exceptional opportunity to make this home your own.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1986
Living Area
1,704 sq ft
Lot Size
0.20 acres
Lot Dimensions
125x70
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
20
MLS® Listing#
12690992
Property Features
Interior
Appliances
Cooling
Heating
Fireplace
Basement
Parking
Laundry
Patio
Construction
Foundation
Roof
Windows
Community
Sewer
Rooms
- Bedroom 213X11Second
- Bedroom 312X10Second
- Bedroom 4
- Dining Room16X14Main
- Family Room19X14Main
- Kitchen12X11Main
- Laundry11X7Main
- Living Room19X14Main
- Master Bedroom15X13Second
Schools
- Elementary:
- Hoover Math & Science Academy
- Middle:
- Keller Junior High School
- High:
- Schaumburg High School
- District:
- Schaumburg High School
Financial Details
Annual Taxes
$9,112
Tax year 2025
Parcel Number
07173050060000
Directions
Springinsguth N of Schaumburg to Cambourne W to Tebay
Affordability Calculator
$99,980
Estimated monthly payment
$2,661/mo
Principal $399,920 · Est. interest $557,924 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Schaumburg, IL
- $435,593
- Median Listing Price
- 20
- Median Days on Market
- 1,590
- Median Sq Ft
- $260
- Median Price / Sq Ft
- 135
- Active Listings
- This home’s price is 15% above the area median.
- Its price per sq ft is 13% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Schaumburg, IL.
Location
Points of Interest in Schaumburg, IL
Showing the Schaumburg area map.
Nearby Schools
Hoover Math and Science Academy
School · 0.4 mi away
Elizabeth Blackwell Elementary School Pta
Elementary · 0.5 mi away
Schaumburg High School
Secondary · 1.0 mi away
Campanelli Elementary School
Elementary · 1.1 mi away
Armstrong Elementary School
Elementary · 1.1 mi away
Bode Babies
Elementary · 1.1 mi away
Enders-Salk Elementary School
Elementary · 1.2 mi away
Helen Keller Junior High School
Secondary · 1.3 mi away
Hoffman Estates High School
Secondary · 1.5 mi away
Orzel Bialy Polish School
School · 1.5 mi away
Higgins Education Center
School · 1.5 mi away
Albert Einstein Elementary School
Elementary · 1.5 mi away
Jane Addams Junior High School
Secondary · 1.5 mi away
Lakeview Elementary School
Elementary · 1.5 mi away
District 211 Academy South
School · 1.6 mi away
Thomas Dooley Elementary School
Elementary · 1.7 mi away
John Muir Literacy Academy
School · 1.8 mi away
Glenbrook Elementary School
Elementary · 1.8 mi away
Canton Middle School
Secondary · 1.8 mi away
Anne Fox Elementary School
Elementary · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1701 Hartmann Drive, Schaumburg, IL | $365,000 | 3 | 2 | 1,500 |
| 29 Sumac Lane, Schaumburg, IL | $370,000 | 2 | 2 | 1,454 |
| 1408 Fairlane Drive, Schaumburg, IL | $375,000 | 3 | 2 | 1,392 |
| 1624 W Weathersfield Way, Schaumburg, IL | $379,900 | 3 | 2 | 1,188 |
| 1400 Marion Street, Schaumburg, IL | $385,000 | 3 | 1 | 880 |
| 951 Chelsea Lane, Schaumburg, IL | $388,500 | 3 | 2 | 1,176 |
Moving Cost Estimate
EXIT Agents in Schaumburg
Listing Courtesy: HomeSmart Connect LLC - 8474955000
Last Updated: 2026-06-29

















