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  • Price cut: $10K (6/18)
    $175,000

    501 E Prospect Ave APT 1F, Mount Prospect, IL 60056

    1beds
    800sqft
    : 
    Condominium, Single Family Residence
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $219/sqft
    $183/mo HOA

    What's special

    Cozy living spaceWell-appointed kitchenBright and functional layout
    Don't miss this exceptional opportunity to own a beautifully maintained, RECENTLY RENOVATED, apartment in the heart of downtown Mount Prospect. Perfectly situated just steps from shops, restaurants, and public transportation, this unit offers unbeatable convenience and lifestyle appeal. Currently leased to a reliable tenant, this property presents a turnkey investment with immediate income potential. The interior features a bright and functional layout, a well-appointed kitchen, and a cozy living space ideal for comfortable living. Newer dishwasher & water heater. Each unit has an assigned storage space. This unit combines strong rental demand with a fantastic location. Property is currently leased until July 22, 2025.
    38 days
    on Zillow
    |
    888
    |
    20
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 22, 2025 at 10:07pm

    Listing courtesy of:

    Natalia Zukowski 847-924-0922,

    Kale Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12377676MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 501 E Prospect Ave APT 1F.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Dining room
    • Level: Main
    • Dimensions: COMBO
    Kitchen
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Living room
    • Level: Main
    • Area: 260 Square Feet
    • Dimensions: 20X13
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 800 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Guest, On Site
    Accessibility
    • Accessibility features: No Disability Access
    Details
    • Parcel number: 08122270161006
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1963
    • Major remodel year: 2013

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • Services included: Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $183 monthly
    Location
    • Region: Mount Prospect

    Financial & listing details

    • Price per square foot: $219/sqft
    • Tax assessed value: $87,770
    • Annual tax amount: $1,521
    • Date on market: 5/30/2025
    • Ownership: Condo
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