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  • $440,000

    501 S School St, Mount Prospect, IL 60056

    3beds
    1,517sqft
    Single Family Residence
    Built in 1963
    9,623 Square Feet Lot
    $511,500 Zestimate®
    $290/sqft
    $3,024 Estimated rent

    Home value

    $511,500

    $486,000 - $537,000

    $3,024/mo

    Zestimate® history
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    What's special

    LOCATION, LOCATION, LOCATION! This beautiful three-bedroom, one and a half bath home with detached two-car garage is in desirable Lions Park neighborhood with awarding-winning schools and family-friendly downtown just a short walk away. The kitchen, pantry, & bathroom on the first level were all updated in 2020 from top-to-bottom, including floors, kitchen windows, stainless steel appliances, concealed dishwasher, cabinetry, lighting, and custom quartz countertop. All bedrooms and full bath are on the upper level, while the main level has an open floor plan for the living room and dining room area. On the lower level you will find the large, finished rec-room, laundry room, and a storage room already pipe-fitted for bathroom conversion. For those looking to raise a family, this light-filled estate is just steps from both a fully equipped playground and Lions Park Elementary School - part of the popular D57 school district that feeds into Prospect High School (Top 15 in State in 2023). If outdoor activities and entertainment are your thing, this spacious corner lot is right near tennis courts, baseball diamonds, basketball courts, the Big Surf wave pool, and the fields of Lions Park - including the well-known Bandshell where concerts and the community band provide free entertainment all summer long. And if you don't like to drive, you won't have to when you are just a ten-minute walk from downtown Mount Prospect, which includes a full grocery store, several restaurants, beautiful library, coffee shops, village hall, a Metra Station, and all the fun family-friendly events that come with a suburban downtown area like outdoor movie nights, concerts, and holiday festivals. Come experience life in the '56 today!

    Zillow last checked: 8 hours ago

    Listing updated: August 30, 2023 at 02:53pm

    Listing courtesy of:

    Dorota Kula 773-631-8300,

    Coldwell Banker Realty

    Bought with:

    Julie Schultz

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 11836938MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 168 Square Feet
    • Dimensions: 12X14
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Bedroom 3
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Other
    • Level: Second
    • Area: 200 Square Feet
    • Dimensions: 20X10
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9X9
    Family room
    • Features: Flooring (Carpet)
    • Level: Lower
    • Area: 364 Square Feet
    • Dimensions: 26X14
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet, Updated Kitchen), Flooring (Vinyl)
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 11X15
    Laundry
    • Level: Lower
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 25X12
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
    Features
    • Basement: Finished,Partial,Daylight
    Interior area
    • Total structure area: 1,887
    • Total interior livable area: 1,517 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Levels: Bi-Level
    • Stories: 1
    Lot
    • Size: 9,623 sqft
    Details
    • Parcel number: 08124200010000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bi-Level
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1963
    • Major remodel year: 2020

    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

    DateEventPrice
    8/30/2023Sold$440,000-2.2%$290/sqft
    Source: MRED as distributed by MLS GRID #11836938 Report a problem
    7/29/2023Contingent$450,000$297/sqft
    Source: MRED as distributed by MLS GRID #11836938 Report a problem
    7/19/2023Price change$450,000-7.2%$297/sqft
    Source: MRED as distributed by MLS GRID #11836938 Report a problem
    7/14/2023Listed for sale$484,900-3%$320/sqft
    Source: MRED as distributed by MLS GRID #11832467 Report a problem
    7/3/2023Contingent$499,900$330/sqft
    Source: MRED as distributed by MLS GRID #11813068 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$9,105 +4.3%$36,000
    2022$8,726 +7%$36,000 +22%
    2021$8,157 -9.4%$29,508

    Find assessor info on the county website

    Neighborhood: 60056

    Nearby schools

    GreatSchools rating
    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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    $511,500
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    With Zillow Showcase(estimated)
    $521,730