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$464,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,990 Sq. Ft.
  • 2 Car Garage
  • Updated 3 hours ago
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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!

Full Property Details for 114 N Lancaster St

General

  • Price: $464,900
  • Taxes: $9,511 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12711352

Rental Information

  • Complex Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Baths: Yes
  • Bathroom Features: Whirlpool, Separate Shower, Accessible Shower, Soaking Tub

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: School Bus Service, Commuter Train

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: Mount Prospect
  • County: Cook
  • Township: Wheeling
  • Subdivision: Centralwood
  • Driving Directions: To reach your destination, please follow these directions: Head west on Central Road and take a right onto Lancaster. Continue on Lancaster until you reach the end of the road on your left hand side.

School Information

  • School District: 57
  • Elem School District: 57
  • Midd School District: 57
  • High School District: 214
  • Elementary School: Fairview Elementary School
  • Middle School: Lincoln Junior High School
  • High School: Prospect High School
  • Private School: Prospect High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: Asphalt
  • Square Feet: 2,990
  • Sq. Ft. Source: Other
  • Year Built: 1956
  • Built Before 1978: Yes

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 52 x 132 x 35 x 112

Financial Considerations

  • Assessment Year: 1956
  • Tax Amount: $9,511.44
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 3334130250000

Listed by @properties Christie's International Real Estate

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— 114 N Lancaster St —

  • @properties Christie's International Real Estate

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Schools serving 114 N Lancaster St

School Districts:Township High School District 214, Mount Prospect School District 57
NameGradesDistance
Fairview Elementary School, Mount Prospect, IL
300 North Fairview Avenue, Mount Prospect, IL 60056
2-50.4 mi
Westbrook Early Learning Center
103 Busse Road, Mount Prospect, IL 60056
PK-10.4 mi
Lincoln Middle School, Mount Prospect, IL
700 West Lincoln Street, Mount Prospect, IL 60056
6-80.7 mi
Prospect High School
801 West Kensington Road, Mount Prospect, IL 60056
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 114 N Lancaster St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,619
—
$40,000
29%
2023
$8,619
4%
$31,000
—
2022
$8,288
-9%
$31,000
5%
2021
$9,148
2%
$29,417
—
2020
$8,958
—
$29,417
-10%
2019
$8,945
3%
$32,686
15%
2018
$8,663
—
$28,391
—
2017
$8,686
16%
$28,391
—
2016
$7,517
-2%
$28,391
8%
2015
$7,648
2%
$26,381
—
2014
$7,517
—
$26,381
—
2013
$7,513
-6%
$26,381
-15%
2012
$8,012
—
$31,157
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by @properties Christie's International Real Estate

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114 N Lancaster Street, Mount Prospect, IL 60056 (MLS# 12711352) is a Single Family property with 4 bedrooms and 3 full bathrooms. 114 N Lancaster Street is currently listed for $464,900 and was received on July 21, 2026. Want to learn more about 114 N Lancaster Street? Do you have questions about finding other Single Family real estate for sale in Mount Prospect? You can browse all Mount Prospect real estate or contact a Coldwell Banker agent to request more information.

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