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$197,000 -$8,000 (-3.9%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 929 Sq. Ft.
  • Updated 11 hours ago

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A great opportunity for homeowners and investors alike. This first-floor condo is in very good condition with several updates and improvements made throughout the years. Serene pond views from the semi-private patio with direct access to assigned parking - no stairs, no hassle. Unit includes assigned storage and access to on-site building laundry. Investor-friendly complex with rental allowed. Current tenant is in place and interested in remaining, offering immediate cash flow from day one. HOA includes water and sewer. DSCR financing available for qualifying borrowers through our partner Nova Terra Capital. Recent association capital improvements: new roof (2023), new siding (2024), new insulation (2024). Community amenities include a large private yard, playground, and communal seating areas. Seller will pay special assessment in full. Prime location: bus stop at community entrance, quick highway access, and proximity to parks, forest preserves, schools, and retail.

Full Property Details for 850 E Old Willow Rd #116

General

  • Price: $197,000
  • HOA FEE: $296/month
  • Taxes: $2,165 (2023)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12662925
  • Updated: 6/17/2026
  • Added to Site: 7 day(s) ago

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Flood Zone

Parking

  • Total Spaces: 2
  • Parking Features: Yes

Location

  • Area: Prospect Heights
  • County: Cook
  • Township: Wheeling
  • Driving Directions: River Rd to Old Willow Rd / Seminole Rd West to Property

School Information

  • School District: 21
  • Elem School District: 21
  • Midd School District: 21
  • High School District: 214

Community

  • Assoc. Fees Include: Water, Parking, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Size Limit
  • Pet Restrictions: Size Limit, / 35lbs.
  • Mgmt. Company: ABC Property Management

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick, Cedar
  • Exterior Const.: Brick, Cedar
  • Basement Desc.: None
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Square Feet: 929
  • Sq. Ft. Source: Other
  • Year Built: 1972
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 40

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Size Limit

Financial Considerations

  • Association Fee: $296
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1972
  • Tax Amount: $2,165
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 3242020251016

Listed by Nova Terra Realty LLC

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Listing agent

— 850 E Old Willow Rd #116 —

  • Nova Terra Realty LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 850 E Old Willow Rd #116

School Districts:Wheeling Community Consolidated School District 21, Township High School District 214
NameGradesDistance
Robert Frost Elementary School, Mount Prospect, IL
1805 Aspen Drive, Mount Prospect, IL 60056
K-50.4 mi
Oliver W Holmes Middle School
221 South Wolf Road, Wheeling, IL 60090
6-82.5 mi
Wheeling High School
900 South Elmhurst Road, Wheeling, IL 60090
9-122.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 850 E Old Willow Rd #116 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Price Reduced
$197,000
-3.9%
MLS
6/10/2026
Listed
$205,000
194.96%
MLS
6/10/2009
Sold
$69,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 850 E Old Willow Rd #116

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,466
—
$15,139
51%
2023
$3,466
62%
$10,030
—
2022
$2,144
23%
$10,030
26%
2021
$1,746
-2%
$7,957
—
2020
$1,775
-3%
$7,957
-11%
2019
$1,830
163%
$8,905
68%
2018
$696
-1%
$5,303
—
2017
$705
-29%
$5,303
—
2016
$996
-14%
$5,303
-6%
2015
$1,155
1%
$5,627
—
2014
$1,148
9%
$5,627
—
2013
$1,051
-28%
$5,627
-20%
2012
$1,466
—
$7,035
—
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.

Estimate the Cost for 850 E Old Willow Rd #116

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Nova Terra Realty LLC

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Listed by Mack Woodcock

850 E Old Willow Road #116, Prospect Heights, IL 60070 (MLS# 12662925) is a Condo property with 2 bedrooms and 1 full bathroom. 850 E Old Willow Road #116 is currently listed for $197,000 and was received on June 10, 2026. Want to learn more about 850 E Old Willow Road #116? Do you have questions about finding other Condo real estate for sale in Prospect Heights? You can browse all Prospect Heights real estate or contact a Coldwell Banker agent to request more information.

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