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  • $450,000

    1501 W Willow Ln, Mount Prospect, IL 60056

    5beds
    2,500sqft
    Single Family Residence
    Built in 1963
    7,200.47 Square Feet Lot
    $654,300 Zestimate®
    $180/sqft
    $4,297 Estimated rent

    Home value

    $654,300

    $608,000 - $707,000

    $4,297/mo

    Zestimate® history
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    What's special

    Large windowsCustom white cabinetryNew hardwood staircaseContemporary lighting fixturesEnormous master suiteMaster bathMassive recreational room
    Step into the luxurious lifestyle you deserve with this exceptional 5 bedroom, 3.5 bathroom home situated in the highly coveted Mt. Prospect area. This beautifully renovated home boasts over 3500 SQFT, new hardwood floors, new windows, new roof, and a whole new hardwood staircase, as well as an extra-long concrete driveway leading to a huge 2.5-car garage (with the option to extend to 3). The home also features a new zoned high-efficiency furnace with a WiFi thermostat, two new hot water heaters, a new ejector pump, new doors, trimmings, and crown molding, and contemporary lighting fixtures. The spacious and high-end kitchen showcases brand new stainless steel appliances, quartz countertops, and custom white cabinetry. The home has a convenient layout with two bedrooms and a full deluxe bathroom on the first floor, which is perfect for extended family, nanny or visitors. Upstairs, you'll find a huge office space. You can use it as a bonus room/library/sitting area/playroom,/music room or anything you could imagine.The enormous master suite has a walk-in closet and a master bath, with two additional bedrooms filled with natural light and a very stylish remodeled bathroom. The fully finished basement has brand new modern flooring, a massive recreational room with enough space to add a game room, exercise room, or extra offices if needed, a good-sized half bathroom, and tons of extra storage. The laundry room is also brand new. The home is freshly painted with neutral colors throughout and has a huge backyard ready for entertainment, with large windows that let in plenty of natural light. The house exposure is perfect, and it is situated in an ideal location with great schools and just steps away from shopping, dining, entertainment, and much more! There are too many outstanding features to name, so hurry to make this home part of your story! There is No exemptions on current VERY LOW PROPERTY TAXES! THE GOOD NEWS IS THAT Will be even Lower for a homeowner occupant.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Daniel Mirea 773-814-2131,

    Berkshire Hathaway HomeServices Chicago

    Bought with:

    Herbert Straus

    Keller Williams Thrive

    Source: MRED as distributed by MLS GRID,MLS#: 11817846MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Flooring (Hardwood), Window Treatments (Double Pane Windows), Bathroom (Full)
    • Level: Second
    • Area: 204 Square Feet
    • Dimensions: 12X17
    Bedroom 2
    • Features: Flooring (Hardwood), Window Treatments (Double Pane Windows)
    • Level: Second
    • Area: 195 Square Feet
    • Dimensions: 15X13
    Bedroom 3
    • Features: Flooring (Hardwood), Window Treatments (Double Pane Windows)
    • Level: Second
    • Area: 187 Square Feet
    • Dimensions: 11X17
    Bedroom 4
    • Features: Flooring (Hardwood), Window Treatments (Double Pane Windows)
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13X11
    Bedroom 5
    • Features: Flooring (Hardwood), Window Treatments (Double Pane Windows)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 15X10
    Kitchen
    • Features: Kitchen (Eating Area-Table Space, Granite Counters), Flooring (Hardwood), Window Treatments (Double Pane Windows)
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 12X16
    Laundry
    • Features: Flooring (Vinyl)
    • Level: Basement
    • Area: 90 Square Feet
    • Dimensions: 10X9
    Living room
    • Features: Flooring (Hardwood), Window Treatments (Double Pane Windows)
    • Level: Main
    • Area: 345 Square Feet
    • Dimensions: 15X23
    Office
    • Features: Flooring (Hardwood), Window Treatments (Double Pane Windows)
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 18X10
    Heating
    • Natural Gas
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Range, Microwave, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s)
    Features
    • Basement: Finished,Full
    Interior area
    • Total structure area: 3,500
    • Total interior livable area: 2,500 sqft
    • Finished area below ground: 1,100

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Concrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2.5
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 2
    • Exterior features: Fire Pit
    Lot
    • Size: 7,200 sqft
    • Dimensions: 120X60
    Details
    • Parcel number: 08143040070000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1963
    • Major remodel year: 2022

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Park, Tennis Court(s), Sidewalks, Street Lights, Street Paved
    Location
    • Region: Mount Prospect

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/24/2024Sold$450,000-1.1%$180/sqft
    Source: MRED as distributed by MLS GRID #11817846 Report a problem
    11/14/2023Pending sale$454,999$182/sqft
    Source: MRED as distributed by MLS GRID #11817846 Report a problem
    9/27/2023Price change$454,999-2.2%$182/sqft
    Source: MRED as distributed by MLS GRID #11817846 Report a problem
    7/30/2023Price change$464,999-2.9%$186/sqft
    Source: MRED as distributed by MLS GRID #11817846 Report a problem
    6/27/2023Price change$479,000-2%$192/sqft
    Source: MRED as distributed by MLS GRID #11817846 Report a problem
    6/12/2023Price change$489,000-2.1%$196/sqft
    Source: MRED as distributed by MLS GRID #11780457 Report a problem
    5/11/2023Price change$499,500-4.8%$200/sqft
    Source: MRED as distributed by MLS GRID #11780457 Report a problem
    4/26/2023Price change$524,900-4.4%$210/sqft
    Source: MRED as distributed by MLS GRID #11703604 Report a problem
    3/21/2023Listed for sale$549,000+10.9%$220/sqft
    Source: MRED as distributed by MLS GRID #11703604 Report a problem
    11/18/2022Listing removed--
    Source: Berkshire Hathaway HomeServices Chicago Report a problem
    8/19/2022Listed for sale$495,000$198/sqft
    Source: MRED as distributed by MLS GRID #11608435 Report a problem
    7/27/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11430816 Report a problem
    6/27/2022Price change$495,000-14.7%$198/sqft
    Source: MRED as distributed by MLS GRID #11430816 Report a problem
    6/10/2022Listed for sale$580,000+157.8%$232/sqft
    Source: MRED as distributed by MLS GRID #11430816 Report a problem
    12/11/2019Sold$225,000-2.1%$90/sqft
    Source: MRED as distributed by MLS GRID #10389792 Report a problem
    10/8/2019Pending sale$229,900$92/sqft
    Source: Amber Realty Inc. #10389792 Report a problem
    9/13/2019Price change$229,900-8%$92/sqft
    Source: Amber Realty Inc. #10389792 Report a problem
    8/12/2019Price change$249,900-7.4%$100/sqft
    Source: Amber Realty Inc. #10389792 Report a problem
    7/9/2019Price change$269,900-5.3%$108/sqft
    Source: Amber Realty Inc. #10389792 Report a problem
    5/23/2019Listed for sale$284,900+24.4%$114/sqft
    Source: Amber Realty Inc. #10389792 Report a problem
    6/23/2017Listing removed$229,000$92/sqft
    Source: RE/MAX Premier Properties #08929651 Report a problem
    3/17/2016Pending sale$229,000$92/sqft
    Source: RE/MAX Premier Properties #08929651 Report a problem
    1/27/2016Price change$229,000-0.4%$92/sqft
    Source: RE/MAX Premier Properties #08929651 Report a problem
    1/14/2016Price change$229,900+15%$92/sqft
    Source: RE/MAX Premier Properties #08929651 Report a problem
    10/22/2015Pending sale$199,900-44.9%$80/sqft
    Source: RE/MAX Premier Properties #08929651 Report a problem
    12/20/2004Sold$362,500$145/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $34,000
    2023$8,859 +4.1%$34,000
    2022$8,506 -20.2%$34,000 -8.9%
    2021$10,664 +2.8%$37,321
    2020$10,378 +8%$37,321 -10%
    2019$9,612 -13.7%$41,468 -2.4%
    2018$11,143 -0.4%$42,466
    2017$11,193 +4%$42,466
    2016$10,762 +8.6%$42,466 +15%
    2015$9,905 +1.5%$36,931
    2014$9,758 +2.6%$36,931
    2013$9,513 -1.9%$36,931 -11.5%
    2012$9,698 +3.9%$41,716
    2011$9,331 +1.3%$41,716
    2010$9,212 +15.2%$41,716 +6.5%
    2009$7,999 +9%$39,183 -7%
    2008$7,337 +1.6%$42,133 -14.8%
    2007$7,220 -1.7%$49,451 +26.8%
    2006$7,349 +24.2%$38,989
    2005$5,918 -15.8%$38,989
    2004$7,027 +31.9%$38,989 +28.4%
    2003$5,325 +6.4%$30,376
    2002$5,007 +5.6%$30,376
    2001$4,740 +10.3%$30,376 +16.5%
    2000$4,297 +1.8%$26,063
    1999$4,219 $26,063

    Find assessor info on the county website

    Neighborhood: 60056

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 59

    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
    $654,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $654,300