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$493,000
Property Description
Value-add opportunity near the lake in Mount Prospect. Located in the established Lake Briarwood neighborhood, this 4 bedroom, 3 bathroom home offers strong renovation and resale potential in a desirable lake-area community. The property features a solid layout with large bedrooms, hardwood flooring throughout, a family room with fireplace, and a finished basement with fourth bedroom. Generous square footage provides flexibility for reconfiguration or modernization. Situated just a short walk from the lake, the home benefits from private community lake access for residents only. Fishing, boating, and swimming are available exclusively to the neighborhood, adding long-term value and buyer appeal. The large yard includes a shed and offers room for exterior improvements. The home needs TLC but is move-in ready and is being sold as-is, making it ideal for contractors, rehabbers, or investors seeking a cosmetic or light renovation project. Strong upside potential in a sought-after Mount Prospect location with limited lake-area inventory.
Full Property Details
Full Property Details for 2950 Briarwood Dr W
General
- Price: $493,000
- HOA FEE: $39/month
- HOA FEE FREQ.: Annually
- Taxes: $6,523 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12672196
Rental Information
- Complex Features: Lake
Interior
- Basement: Finished, E
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood-Burning, Gas Log
- Appliances: Double Oven, Range, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
- Bedrooms(Blw Grade): 1
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Yes, Garage Owned, Attached, Garage
Location
- Area: Mount Prospect
- County: Cook
- Township: Elk Grove
- Subdivision: Lake Briarwood
- Driving Directions: ALGONQUIN RD E OF ARLINGTON HTS RD TO BRIARWOOD SOUTH WEST
School Information
- School District: 59
- Elem School District: 59
- Midd School District: 59
- High School District: 214
- Elementary School: John Jay Elementary School
- Middle School: Holmes Junior High School
- High School: Rolling Meadows High School
- Private School: Rolling Meadows High School
Community
- Assoc. Fees Include: Lake Rights
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Construction: Brick, Cedar
- Exterior Const.: Brick, Cedar
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry, Full
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 1,797
- Sq. Ft. Source: Assessor
- Year Built: 1977
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.1731
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 70 x 149 x 51 x 176
Financial Considerations
- Association Fee: $470
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 1977
- Tax Amount: $6,523.74
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8222001740000
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Schools
Schools serving 2950 Briarwood Dr W
School Districts:Community Consolidated School District 59, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
John Jay Elementary School 1835 West Pheasant Trail, Mount Prospect, IL 60056 | K-5 | 0.7 mi |
Holmes Jr High School 1900 West Lonnquist Boulevard, Mount Prospect, IL 60056 | 6-8 | 1.4 mi |
Rolling Meadows High School 2901 Central Road, Rolling Meadows, IL 60008 | 9-12 | 3.4 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
Tax History for 2950 Briarwood Dr W
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,315
—
$43,000
30%
2023
$6,315
1%
$33,000
—
2022
$6,256
-8%
$33,000
9%
2021
$6,766
1%
$30,341
—
2020
$6,712
-2%
$30,341
-11%
2019
$6,882
-20%
$34,092
1%
2018
$8,617
—
$33,616
—
2017
$8,659
3%
$33,616
—
2016
$8,379
4%
$33,616
11%
2015
$8,024
1%
$30,418
—
2014
$7,909
10%
$30,418
—
2013
$7,186
-9%
$30,418
-11%
2012
$7,865
—
$34,304
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2950 Briarwood Dr W
2950 Briarwood Drive W, Mount Prospect, IL 60056 (MLS# 12672196) is a Single Family property with 4 bedrooms and 3 full bathrooms. 2950 Briarwood Drive W is currently listed for $493,000 and was received on June 10, 2026. Want to learn more about 2950 Briarwood Drive W? 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.
