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$155,000
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Property Description
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.
Full Property Details
Full Property Details for 501 E Prospect Ave #3F
General
- Sold For: $155,000
- HOA FEE: $183/month
- Taxes: $1,521 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12366402
- Added to Site: 227 day(s) ago
Interior
- Appliances: Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Coin Laundry, Storage
- Other Features: School Bus Service, Commuter Train
Parking
- Total Spaces: 1
- Parking Features: On Site
- Parking On-Site: Yes
Location
- Area: Mount Prospect
- County: Cook
- Driving Directions: Mount Prospect Road, South of Rand Road to Prospect Avenue and then West to Property.
School Information
- School District: 57
- Midd School District: 57
- Elementary School: Lions Park Elementary School
- Middle School: Lincoln Junior High School
- High School: Prospect High School
- Private School: Prospect High School
Community
- Assoc. Fees Include: Water, Parking, Insurance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Associa Chicagoland
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 3
- Stories/Levels: 3
- Square Feet: 800
- Sq. Ft. Source: Estimated
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- Units in Building: 42
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $183
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1963
- Tax Amount: $1,521
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 8122270161032
Listed by Compass
Sold by Compass
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Schools
Schools serving 501 E Prospect Ave #3F
School Districts:Mount Prospect School District 57, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Lions Park Elementary School 300 East Council Trail, Mount Prospect, IL 60056 | 2-5 | 0.2 mi |
Lincoln Middle School, Mount Prospect, IL 700 West Lincoln Street, Mount Prospect, IL 60056 | 6-8 | 0.9 mi |
Prospect High School 801 West Kensington Road, Mount Prospect, IL 60056 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 E Prospect Ave #3F
Date
Details
Price
Change
Source
7/11/2025
Sold
$155,000
-3.12%
MLS
6/07/2025
Listed
$160,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 E Prospect Avenue #3F, Mount Prospect, IL 60056 (MLS# 12366402) is a Condo property that was sold at $155,000 on July 11, 2025. Want to learn more about 501 E Prospect Avenue #3F? Do you have questions about finding other Condo 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.

