Rare Opportunity! Spacious 4-Bedroom Home in Highly Rated District 57 & Prospect High School District - $464,900Welcome to 114 N. Lancaster Street - a spacious 4-bedroom, 3-bathroom detached home offering exceptional space, flexibility, and value in the desirable Centralwood neighborhood of Mount Prospect. Situated on a generous lot, this home provides nearly 3,000 square feet of living space with a layout designed for today's lifestyle. Step inside to find bright, inviting living areas featuring hardwood floors, a spacious living room, formal dining room, and a well-sized kitchen ready for your personal touches. The main level offers a convenient bedroom option, while the second floor includes three additional bedrooms providing comfort and privacy. The finished lower level expands your living space with a large family room, recreation area, home office, gym, or guest space possibilities, plus additional storage and a full bathroom. Enjoy the convenience of a detached 2-car garage and a location close to parks, shopping, restaurants, Metra, and major expressways. Located within highly rated Mount Prospect schools, including Fairview Elementary, Lincoln Middle School, and Prospect High School, this home presents a wonderful opportunity to own in an established community with award-winning schools and an outstanding location. Property is being sold as-is. Bring your vision and make this home your own!
Pending
$464,900
114 N Lancaster St, Mount Prospect, IL 60056
4beds
2,990sqft
Single Family Residence
Built in 1956
-- sqft lot
$-- Zestimate®
$155/sqft
$-- HOA
What's special
Recreation areaHome officeGuest space possibilitiesGenerous lotLarge family roomAdditional storageWell-sized kitchen
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Zillow last checked:
Listing updated:
Listed by:
Judith Muniz, CSC,E-PRO,SFR 847-293-5134,
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12711352
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Aluminum Frames)
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16X15
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Second
- Area: 198 Square Feet
- Dimensions: 11X18
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 176 Square Feet
- Dimensions: 16X11
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 200 Square Feet
- Dimensions: 20X10
Dining room
- Features: Flooring (Hardwood), Window Treatments (Aluminum Frames, Blinds)
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16X15
Family room
- Features: Flooring (Ceramic Tile), Window Treatments (All)
- Level: Basement
- Area: 782 Square Feet
- Dimensions: 23X34
Kitchen
- Features: Flooring (Ceramic Tile), Window Treatments (Aluminum Frames, Blinds)
- Level: Main
- Area: 228 Square Feet
- Dimensions: 12X19
Laundry
- Level: Basement
- Area: 432 Square Feet
- Dimensions: 27X16
Living room
- Features: Flooring (Hardwood), Window Treatments (Aluminum Frames, Blinds, Double Pane Windows)
- Level: Main
- Area: 420 Square Feet
- Dimensions: 15X28
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Common Area, Sink
Features
- Basement: Finished,Full
- Attic: Dormer
Interior area
- Total structure area: 4,162
- Total interior livable area: 2,990 sqft
- Finished area below ground: 710
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Dimensions: 52X132X35X112
Details
- Parcel number: 03334130250000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
- Subdivision: Centralwood
HOA
- Services included: None
Location
- Region: Mount Prospect
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $310,000
- Annual tax amount: $9,511
- Date on market: 7/21/2026
- Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listing removed | $474,900$159/sqft |
Source: | ||
| 7/1/2026 | Listed for sale | $474,900-3.1%$159/sqft |
Source: | ||
| 7/1/2026 | Listing removed | $489,999$164/sqft |
Source: | ||
| 6/26/2026 | Listed for sale | $489,999$164/sqft |
Source: | ||
| 4/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Listed for rent | $2,900+3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/13/2023 | Listed for rent | $2,800+33.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/3/2020 | Listing removed | $2,100$1/sqft |
Source: Owner Report a problem | ||
| 12/26/2019 | Price change | $2,100-2.3%$1/sqft |
Source: Owner Report a problem | ||
| 11/24/2019 | Price change | $2,150-2.3%$1/sqft |
Source: Owner Report a problem | ||
| 11/11/2019 | Price change | $2,200-4.3%$1/sqft |
Source: Owner Report a problem | ||
| 11/2/2019 | Listed for rent | $2,300+15%$1/sqft |
Source: Owner Report a problem | ||
| 1/4/2018 | Listing removed | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 12/25/2017 | Listed for rent | $2,000$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,511 +10.4% | $31,000 |
| 2023 | $8,619 +4% | $31,000 |
| 2022 | $8,288 -9.4% | $31,000 +5.4% |
| 2021 | $9,148 +2.1% | $29,417 |
| 2020 | $8,958 +0.1% | $29,417 -10% |
| 2019 | $8,945 +3.2% | $32,686 +15.1% |
| 2018 | $8,663 -0.3% | $28,391 |
| 2017 | $8,686 +15.6% | $28,391 |
| 2016 | $7,517 -1.7% | $28,391 +7.6% |
| 2015 | $7,648 +1.7% | $26,381 |
| 2014 | $7,517 +0% | $26,381 |
| 2013 | $7,513 -6.2% | $26,381 -15.3% |
| 2012 | $8,012 +5.2% | $31,157 |
| 2011 | $7,617 +0.4% | $31,157 |
| 2010 | $7,588 -6.4% | $31,157 -14.6% |
| 2009 | $8,103 +5.9% | $36,473 -7% |
| 2008 | $7,651 +1.5% | $39,218 |
| 2007 | $7,536 +34.5% | $39,218 +44.9% |
| 2006 | $5,604 +0.4% | $27,069 |
| 2005 | $5,583 -8.8% | $27,069 -11.6% |
| 2004 | $6,123 +27.1% | $30,611 +32.4% |
| 2003 | $4,818 +4% | $23,113 |
| 2002 | $4,631 +16.1% | $23,113 |
| 2001 | $3,989 +1.3% | $23,113 +12% |
| 2000 | $3,937 +1.6% | $20,629 |
| 1999 | $3,874 | $20,629 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 60056
Nearby schools
GreatSchools rating
- 9/10Fairview Elementary SchoolGrades: 2-5Distance: 0.4 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Prospect High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Fairview 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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