Towne Place, Schaumburg, IL
Towne Place — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Towne Place, Schaumburg, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Towne Place Neighborhood Overview
Town Place is a residential neighborhood located in the northwest suburbs of Chicago within Schaumburg, Illinois. It offers residents a convenient suburban lifestyle with easy access to major employment centers and retail destinations. The community is characterized by its well-maintained homes and family-friendly atmosphere.
Lifestyle & Amenities
Residents enjoy proximity to Woodfield Mall, one of the largest shopping centers in the United States, and the vibrant dining and entertainment options along Golf Road. The neighborhood is also close to the Spring Valley Nature Center & Heritage Farm, providing ample opportunities for outdoor recreation. Daily conveniences are met with numerous grocery stores, services, and parks located within a short drive.
Real Estate Market
The real estate in Towne Place primarily consists of single-family homes and townhomes. According to recent data, the median home value is approximately $299,900, with a current price per square foot around $259. The market here offers a more accessible entry point into the desirable Schaumburg area compared to some neighboring communities.
Schools & Education
Families in Towne Place are served by Schaumburg Township Elementary District 54 and Township High School District 211, both of which are highly regarded in the region. These districts operate several award-winning schools known for strong academic programs. Parents have access to a variety of educational options for their children.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major roads like Interstate 90 and Route 53, facilitating easy commutes to Chicago, O'Hare International Airport, and the broader region. Public transportation options include Pace bus routes serving the area. This strategic location is a key advantage for professionals working in the suburban corridor or the city.
Why Choose Towne Place
Town Place is an ideal choice for those seeking an affordable, well-connected suburban home in a top-tier school district. It balances residential calm with unparalleled access to shopping, dining, and employment hubs. The community represents a practical and attractive option for families and commuters in the northwest suburbs.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Towne Place Market Data
| Metric | Value |
|---|---|
| Median Home Value | $300K |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60159 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Towne Place, Schaumburg
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Towne Place, Schaumburg, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12