Updated 5+ Days Ago
Highlights
- Private balcony
- Stainless steel appliances
- Well-appointed kitchen
- Spacious living room
- Soaring ceilings
- Open-concept design
Location
7214 Farmstead Ln, Hanover Park, IL 60133, USA
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Amenities for 7214 Farmstead Ln
Features
| 2 Floors | Balcony |
| Central Air | Natural Gas |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| 2 Parking Spaces | Garage Parking |
| Storage |
Other
| Exterior Type: Aluminum Siding | Roof Type: Asphalt |
| Six Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 7214 Farmstead Ln
Property Status: Active This newly built (2023) two-story townhome offers a versatile floor plan with 3 bedrooms and 2 bathrooms, featuring an open-concept design highlighted by soaring ceilings. The home includes a spacious living room and dining area, along with a well-appointed kitchen with stainless steel appliances. Enjoy both a private balcony and patio, a comfortable primary suite, two additional bedrooms, and a 2-car attached garage with finished walls and epoxy flooring and additional storage space in first floor . Additional upgrades include a water softener, garage door opener, and video doorbell, providing added convenience and peace of mind. Located within desirable Schaumburg schools while benefiting from Hanover Park's low taxes, this home offers the best of both communities. An abundance of nearby parks and forest preserves provides plenty of opportunities for outdoor recreation. CVS and Starbucks are within walking distance, and AMITA Health Alexian Brothers Hospital is just 15 minutes away. Ideally situated near shopping, dining, and entertainment in Schaumburg and Hanover Park, with easy access to Metra transportation. Schools are just 5-10 minutes away, and major highways-including the Elgin-O'Hare Expressway, I-290, I-355, Irving Park Road, Lake Street, and Route 59-offer excellent commuting access, placing O'Hare International Airport approximately 30 minutes away. A very good credit score (680+), good rental background. An Application & Credit Check is required for each person 18 years old & above. No Evictions or Judgments. Valid Proofs of Income: W-2 & 2 most recent check stubs, 1099 & 2 months of bank statements. No Co-Signers. and income 3x the rental income is required. Deposit 1.5X Times of Rent. Minimum 12 months lease term. Tenant pays for utilities, trash and sewer. Office Phone: (630) 778-5800 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 7214 Farmstead Ln compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 60133 |
|---|---|
| Type | House for rent |
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Rent trends in Hanover Park
3-bedroom apartments at 7214 Farmstead Ln cost about 20% more than the average rent price for 3-bedroom apartments in Hanover Park.
Median rents as of Jul 11 2026.
Hanover Park
| Month | Median Rent |
|---|---|
| July 2024 | $2,350 |
| August 2024 | $2,419 |
| September 2024 | $2,361 |
| October 2024 | $2,375 |
| November 2024 | $2,360 |
| December 2024 | $2,357 |
| January 2025 | $2,341 |
| February 2025 | $2,300 |
| March 2025 | $2,300 |
| April 2025 | $2,297 |
| May 2025 | $2,290 |
| June 2025 | $2,268 |
| July 2025 | $2,430 |
| August 2025 | $2,400 |
| September 2025 | $2,473 |
| October 2025 | $2,379 |
| November 2025 | $2,350 |
| December 2025 | $2,362 |
| January 2026 | $2,414 |
| February 2026 | $2,407 |
| March 2026 | $2,400 |
| April 2026 | $2,388 |
| May 2026 | $2,400 |
| June 2026 | $2,509 |
| July 2026 | $2,449 |
Affordability calculator
Can I afford to live at 7214 Farmstead Ln?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$116,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $116,000 annually to afford this 3-bedrooms monthly rent price of $2,900.
For more information on rent affordability, visit our rent calculator.
Schools near 7214 Farmstead Ln
Anne Fox Elementary School
1035 parkview dr
hanover park, IL, 60133
K-6Public
B+
District 54 Early Learning Center
520 e schaumburg rd
schaumburg, IL, 60194
PKPublic
Marletta Darnall Schaumburg Child & Family Center
725 east schaumburg rd
schaumburg, IL, 60194
PKPublic
Lincoln Prairie School
500 hillcrest blvd
hoffman estates, IL, 60169
K-8Public
A-
Queen Bee School
1525 bloomingdale rd
glendale heights, IL, 60139
PKPublic
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Internet available near 7214 Farmstead Ln
Getting around Hanover Park near 7214 Farmstead Ln
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 7214 Farmstead Ln, Hanover Park
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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