Nearby rentals
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Property management
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 |
One-time.
One-time. Refundable.
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.
How 7214 Farmstead Ln compares to other nearby properties.
Positives
| Zip code | 60133 |
|---|---|
| Type | House for rent |
3-bedroom apartments at 7214 Farmstead Ln cost about 20% more than the average rent price for 3-bedroom apartments in Hanover Park.
| Month | Median Rent |
|---|---|
| June 2024 | $2,306 |
| 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 | $2,375 |
Can I afford to live at 7214 Farmstead Ln?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$116,000/yr
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