Closed
$380,000
218 S Main St, Mount Prospect, IL 60056
4beds
--sqft
Multi Family
Built in 1924
-- sqft lot
$525,400 Zestimate®
$--/sqft
$2,020 Estimated rent
Home value
$525,400
$483,000 - $573,000
$2,020/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Opportunity is knocking! Are you listening? A Rare Find! A charming legal 2 flat that offers the savvy buyer a number of ownership options such as the opportunity to offset their mortgage payment with excellent rental income. This classic Chicago bungalow is in great shape 1 block from town, Metra, lots of new restaurants, Caputo's market, Starbucks and much more. This gives you the Chicago vibe of a trendy neighborhood right here in Mount Prospect, one of the suburbs most desirable communities complete with great schools and park district among many other pluses! The gigantic 2.5+ car detached garage and long driveway makes room for numerous vehicles. There is a fenced yard for pets too. The home is spacious and is in excellent condition with refinished hardwood floors in the huge living and separate formal dining room as well as the 2 bedrooms on the first floor. The enclosed 3 season front porch is another pleasing Bungalow architectural feature. The kitchen complete with a small pantry has very new appliances and a new hood over the stove. The 1st floor bath has been updated with a very large walk-in shower. All the windows in the house have been replaced and the seller has upgraded the electric system as well as adding central air ($22,000- the summer of 2023) to the first floor. Roof is 2008 and boiler has been replaced recently. The back of the house is pure Chicago 2 flat with 2 enclosed back porches (unheated, but comfortable for 3 seasons). The porches are off the kitchens of both apartments and provide access to both apartments as well as to the huge dry unfinished basement. The upstairs apartment is very roomy with a large eat-in kitchen, 2 bedrooms and a huge room that could be a den, huge upstairs office, playroom or 3rd bedroom. Come see it today. It is well worth your time! The upstairs apartment is currently rented to a close relative of the seller at a discounted rate of $1,100/month. The tenant tentatively would like to stay until the end of March but has some flexibility. The first-floor apartment is vacant for immediate occupancy at closing. Mt. Prospect's downtown is exploding with all kinds of things to do and this location is about 1 block to Metra train to downtown. This location could mean just being able to have only one car. Make a smart financial decision and buy it today.
Zillow last checked: 8 hours ago
Listing updated: February 09, 2024 at 08:44am
Listing courtesy of:
James Regan 847-902-1721,
RE/MAX Suburban
Bought with:
Matthew Messel
Compass
Source: MRED as distributed by MLS GRID,MLS#: 11945759
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2.5
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2.5
Features
- Fencing: Fenced
Lot
- Size: 7,850 sqft
- Dimensions: 50X157
Details
- Parcel number: 08121190210000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Mount Prospect
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2024 | Sold | $380,000-7.3% |
Source: | ||
| 1/17/2024 | Contingent | $409,900 |
Source: | ||
| 12/20/2023 | Price change | $409,900-3.5% |
Source: | ||
| 12/1/2023 | Listed for sale | $424,900+26.8% |
Source: | ||
| 7/27/2023 | Sold | $335,000-9.2% |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $11,492 +4% | $41,256 |
| 2022 | $11,050 +1.8% | $41,256 +18.4% |
| 2021 | $10,854 +2.1% | $34,835 |
Find assessor info on the county website
Neighborhood: 60056
Nearby schools
GreatSchools rating
- 9/10Fairview Elementary SchoolGrades: 2-5Distance: 0.5 mi
- 4/10Lincoln Middle SchoolGrades: 6-8Distance: 1 mi
- 10/10Prospect High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Lions Park Elementary School
- Middle: Lincoln Junior High School
- High: Prospect High School
- District: 57
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$525,400


