History of Lexington Green of Schaumburg
The Lexington Green subdivision is located off Meacham Road and south of Schaumburg Road. This 480-unit coach home community consists of a brick and stone exterior with Tudor, Rustic and Colonial style buildings and was built in 1974. It has 26 buildings built in configurations of 4 and 8 units. Each with 2 floors, two to three bedrooms, an attached garage and either a patio or balcony. The 43 acres of land was originally co-owned by Chicago financier and attorney Jack M. Pritzker and the Mayor of Schaumburg at the time, Robert O. Atcher. It was then sold to Lexington Development Corp. who planned this $16.5 million community. However, the roll out of this subdivision was a joint venture between Lexington Development Corp and MGIC Properties Corp which was a subsidiary of Mortgage Guaranty Insurance Corp. The plans for this beautiful community were to have it designed in graceful country manor motif and to create an environment of affordable housing with leisure type amenities. The subdivision currently offers a pool, clubhouse, and a playground to the residents along with the services of an association.
The Lexington Green subdivision was so appealing that it won 2 awards from the Chicago Home Builders Group in 1976. The first award was 2nd place for coach house D-2 in the division of condominium apartments costing $30,000 – $40,000. The second award was 2nd place in land use, land planning and total environment.
This community is in a prime spot within Schaumburg. It’s about a mile south of one of Schaumburg’s most visited locations, Woodfield Mall, and just as close to an abundance of retailers, dining, highways, local attractions and other kinds of entertainment in the area. It is also next to the Fox Run Driving Range and Olympic Sports Park. Nearby is the beautiful Spring Valley Nature Center & Heritage Farm which has scenic hiking trails and hosts special events.