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Off market
  • $499,901

    1501 S Douglas Ave, Mount Prospect, IL 60056

    3beds
    0baths
    0.83Acres
    VacantLand
    Built in 1959
    0.83 Acres Lot
    $499,901 Zestimate®
    $172/sqft
    $2,738 Estimated rent

    Home value

    $499,901

    $475,000 - $530,000

    $2,738/mo

    Zestimate® history
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    What's special

    3 Lots can be subdivided from this 217 X 175 vacant land. Owners removed the house that used to be on the property years ago. All that is left to do is subdivide the property into 3 lots. Although the property has an Arlington Heights mailing address it is actually within the village of Mount Prospect's corporate limits. The village's building and zoning department has already looked at the plat of survey and determined that the property could be subdivided into 3 lots. Currently the property has only 1 property identification number ( PIN). This unique Arlington Heights/ Mt. Prospect area has been a builders' favorite for years because there are many high end custom built homes in the area with values ranging from $700,000 to over 1 million. Contact the listing agent for additional information about the cost of subdividing as well as information from the village of Mt. Prospect engineering department.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • None
    Features
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,900 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.83 Acres
    Details
    • Parcel number: 0810301017

    Community & HOA

    Location
    • Region: Mount Prospect

    Financial & listing details

    • Price per square foot: $172/sqft
    • Tax assessed value: $593,110
    • Annual tax amount: $15,892
    • Ownership: Fee Simple
    • Ownership type: Individual

    Price history

    DateEventPrice
    2/25/2022Sold$370,000-19.5%$128/sqft
    Source: Public Record Report a problem
    1/14/2022Pending sale$459,900$159/sqft
    Source: RE/MAX International #11299992 Report a problem
    1/7/2022Price change$459,900-2.1%$159/sqft
    Source: RE/MAX International #11299992 Report a problem
    3/9/2021Listed for sale$469,900$162/sqft
    Source: RE/MAX International #11014468 Report a problem
    3/1/2021Listing removed--
    Source: RE/MAX International Report a problem
    11/25/2020Price change$469,900-6%$162/sqft
    Source: RE/MAX Suburban #10828127 Report a problem
    8/23/2020Listed for sale$499,900-9.9%$172/sqft
    Source: RE/MAX Suburban #10828127 Report a problem
    4/17/2019Listing removed$555,000$191/sqft
    Source: Coldwell Banker Residential Brokerage #09918764 Report a problem
    4/17/2018Listed for sale$555,000+85%$191/sqft
    Source: Coldwell Banker Residential Brokerage #09918764 Report a problem
    6/15/1995Sold$300,000$103/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$15,892 +161%$59,311 +151.5%
    2023$6,088 +4.2%$23,585
    2022$5,843 -12.4%$23,585
    2021$6,671 +2.7%$23,585
    2020$6,494 -47.7%$23,585 -52.5%
    2019$12,416 -0.2%$49,648 +12.5%
    2018$12,442 +0.9%$44,113
    2017$12,327 +6.3%$44,113
    2016$11,599 +3.9%$44,113 +12%
    2015$11,166 +1.3%$39,395
    2014$11,020 +2.5%$39,395
    2013$10,754 -12%$39,395 -21.5%
    2012$12,222 +5.2%$50,195
    2011$11,620 +1.8%$50,195
    2010$11,411 +31.1%$50,195 +21.1%
    2009$8,706 +9.5%$41,454 -7%
    2008$7,953 +2.8%$44,575
    2007$7,738 +16.9%$44,575 +24.5%
    2006$6,621 +0.8%$35,804
    2005$6,570 +3.5%$35,804
    2004$6,348 +12.4%$35,804 +16.3%
    2003$5,649 +6.9%$30,778
    2002$5,282 +22.2%$30,778
    2001$4,323 +2%$30,778 +27%
    2000$4,238 +1.8%$24,226
    1999$4,162 $24,226
    Find assessor info on the county website

    Neighborhood: 60056

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Forest View Elementary School
    • Middle: Holmes Junior High School
    • High: Rolling Meadows High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.