Off market

Zestimate^®

$152,600

501 E Prospect Ave APT 2G, Mount Prospect, IL 60056

1beds

700sqft

Apartment

Built in 1964

-- sqft lot

$152,600 Zestimate^®

$218/sqft

$1,834 Estimated rent

Home value

$152,600

$139,000 - $166,000

$1,834/mo

Zestimate^® history

Owner options

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$1,834/mo

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$1,834/mo

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$1,141/mo

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$1,141/mo

Est. payment

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What's special

Tile in the kitchenAssigned parking spotHardwood floorsNewer furnace in unit

Clean one bed one bath condo for rent. The bedroom is 14x12 with ample 6x5 walk in closet. Hardwood floors in the living room and tile in the kitchen. There is 1 assigned parking spot and a few spots for overnight guests. It is very close to downtown Mount Prospect. About a 3 minute walk to train, park, or school. Directly located on prospect ave. It is a quiet building... Service dogs may be considered only or cats Must have good credit! Income must be 2.5x rent. Income verification required Tenant pays electric and gas. Newer furnace in unit. ~$75 monthly utilities Available 8/1 $1499 monthly reduced rent for 2+ year lease 1 month deposit, tenant pays electric and gas

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Cooling

Air Conditioner, Ceiling Fan

Appliances

Included: Dishwasher, Freezer, Microwave, Range Oven, Refrigerator
Laundry: Shared

Features

Ceiling Fan(s), Storage, Walk In Closet, Walk-In Closet(s)
Flooring: Hardwood
Windows: Double Pane Windows

Interior area

Total interior livable area: 700 sqft

Property

Parking

Parking features: Off Street
Details: Contact manager

Features

Exterior features: Balcony, Bicycle storage, Electricity not included in rent, Gas not included in rent, Guest parking, Jacuzzi / Whirlpool, Lawn, Living room, Secured entry, Walk In Closet
Spa features: Jetted Bathtub

Lot

Features: Near Public Transit

Details

Parcel number: 08122270161019

Construction

Type & style

Home type: Apartment
Property subtype: Apartment

Condition

Year built: 1964

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Deposit fee: $1,499

Location

Region: Mount Prospect

Financial & listing details

Price per square foot: $218/sqft
Tax assessed value: $87,780
Annual tax amount: $1,686
Date on market: 6/28/2025
Date available: 08/01/2025
Lease term: 1 Year

Price history

Date	Event	Price
7/9/2025	Listing removed	$1,499$2/sqft
Source: Zillow Rentals Report a problem
6/28/2025	Listed for rent	$1,499+5.2%$2/sqft
Source: Zillow Rentals Report a problem
11/12/2024	Listing removed	$1,425$2/sqft
Source: Zillow Rentals Report a problem
10/25/2024	Listed for rent	$1,425$2/sqft
Source: Zillow Rentals Report a problem
10/15/2024	Listing removed	$1,425$2/sqft
Source: Zillow Rentals Report a problem
10/15/2024	Price change	$1,425-1.7%$2/sqft
Source: Zillow Rentals Report a problem
9/29/2024	Listed for rent	$1,449+7.4%$2/sqft
Source: Zillow Rentals Report a problem
8/14/2023	Listing removed	--
Source: Zillow Rentals Report a problem
8/4/2023	Price change	$1,349-1.9%$2/sqft
Source: Zillow Rentals Report a problem
8/1/2023	Listed for rent	$1,375+37.5%$2/sqft
Source: Zillow Rentals Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
2/12/2016	Listing removed	$1,000$1/sqft
Source: Owner Report a problem
2/2/2016	Price change	$1,000-2.4%$1/sqft
Source: Owner Report a problem
1/20/2016	Listed for rent	$1,025$1/sqft
Source: Owner Report a problem
6/18/2010	Sold	$55,000-56%$79/sqft
Source: MRED as distributed by MLS GRID #07559517 Report a problem
8/30/2005	Sold	$125,000+8.7%$179/sqft
Source: Public Record Report a problem
2/27/2004	Sold	$115,000+21.1%$164/sqft
Source: Public Record Report a problem
8/4/2003	Sold	$95,000+4.4%$136/sqft
Source: Public Record Report a problem
6/27/2001	Sold	$91,000+51.7%$130/sqft
Source: Public Record Report a problem
6/16/1998	Sold	$60,000+14.3%$86/sqft
Source: Public Record Report a problem
6/8/1995	Sold	$52,500$75/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,686 +10.8%	$8,778 +0%
2023	$1,521 +6%	$8,777
2022	$1,435 +57.9%	$8,777 +40.5%
2021	$909 -5.3%	$6,247
2020	$960 -0.6%	$6,247 -10.1%
2019	$965 +47.1%	$6,948 +24.5%
2018	$656 -3%	$5,580
2017	$676 -17.4%	$5,580
2016	$819 +6%	$5,580 +5.6%
2015	$773 -0.3%	$5,282
2014	$775 +2.4%	$5,282
2013	$757 -21%	$5,282 -15.1%
2012	$959 -37%	$6,218
2011	$1,522 +41.9%	$6,218
2010	$1,073 -37.1%	$6,218 -37.5%
2009	$1,707 +7.8%	$9,950 -7%
2008	$1,584 +3.8%	$10,699
2007	$1,526 +1.7%	$10,699 +17.5%
2006	$1,501 +0.8%	$9,103
2005	$1,490 -18.1%	$9,103
2004	$1,821 +22.3%	$9,103 +27.5%
2003	$1,489 +39.5%	$7,140
2002	$1,067 +34.4%	$7,140
2001	$794 +1%	$7,140 +24.9%
2000	$786 +3.2%	$5,718
1999	$761	$5,718