Discover the allure of this spacious condo, perfectly poised with 1 bedroom and 1 bathroom on the third floor, basking in abundant natural light through tall windows. An inviting eat-in kitchen complements the combined dining and living area. Generous storage include a walk-in closet and additional linen and hallway closets. Enjoy the ease of assigned parking and storage, with convenient laundry on the first floor. Located minutes from downtown Mt. Prospect and Arlington Heights, this residence offers seamless access to the Metra and vibrant urban amenities. Embrace the opportunity to move in immediately or tailor it to your vision, all within a pet-friendly community with low assessments.
Closed
$155,000
501 E Prospect Ave APT 3F, Mount Prospect, IL 60056
1beds
800sqft
Condominium, Single Family Residence
Built in 1963
-- sqft lot
$163,400 Zestimate®
$194/sqft
$1,990 Estimated rent
Home value
$163,400
$147,000 - $183,000
$1,990/mo
Zestimate® history
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$1,990/mo
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$1,316/mo
Est. payment
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$1,316/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Mihaiela Malureanu 773-370-0824,
Compass
Bought with:
Fergal Tierney
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12366402
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Kitchen (Eating Area-Table Space)
- Level: Main
- Area: 198 Square Feet
- Dimensions: 11X18
Living room
- Level: Main
- Area: 260 Square Feet
- Dimensions: 20X13
Heating
- Natural Gas, Forced Air
Cooling
- Wall Unit(s)
Appliances
- Included: Microwave, Refrigerator
- Laundry: Common Area
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 800 sqft
Property
Parking
- Total spaces: 1
- Parking features: On Site
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 08122270161032
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Mount Prospect
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $183 monthly
- Amenities included: Coin Laundry, Storage
- Services included: Water, Parking, Insurance, Lawn Care, Scavenger, Snow Removal
Other
Other facts
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $155,000-3.1%$194/sqft |
Source:  MRED as distributed by MLS GRID #12366402 Report a problem | ||
| 6/17/2025 | Contingent | $160,000$200/sqft |
Source: MRED as distributed by MLS GRID #12366402 Report a problem | ||
| 6/7/2025 | Listed for sale | $160,000+42.9%$200/sqft |
Source: MRED as distributed by MLS GRID #12366402 Report a problem | ||
| 5/11/2005 | Sold | $112,000$140/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $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 -14.9% | $5,580 -6% |
| 2015 | $963 +0.1% | $5,935 |
| 2014 | $962 +1.9% | $5,935 |
| 2013 | $944 -1.6% | $5,935 -4.6% |
| 2012 | $959 -6.7% | $6,218 |
| 2011 | $1,027 -4.2% | $6,218 |
| 2010 | $1,073 -37.5% | $6,218 -37.5% |
| 2009 | $1,718 +7.8% | $9,950 -7% |
| 2008 | $1,594 +3.8% | $10,699 |
| 2007 | $1,537 +2.3% | $10,699 +17.5% |
| 2006 | $1,501 -20% | $9,103 |
| 2005 | $1,878 +73% | $9,103 |
| 2004 | $1,085 -2% | $9,103 +27.5% |
| 2003 | $1,107 +3.8% | $7,140 |
| 2002 | $1,067 +93.2% | $7,140 |
| 2001 | $552 +0.2% | $7,140 +24.9% |
| 2000 | $551 +0% | $5,718 |
| 1999 | $551 | $5,718 |
Find assessor info on the county website
Neighborhood: 60056
Nearby schools
GreatSchools rating
- 9/10Lions Park Elementary SchoolGrades: 2-5Distance: 0.2 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Prospect High SchoolGrades: 9-12Distance: 1.7 mi
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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Estimated market value
$163,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$163,400
- Illinois
- Cook County
- Mount Prospect
- 60056
- 501 E Prospect Ave Apartment 3F
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