501 School Street, Mount Prospect, Illinois 60056
$3,700
|
Rented
|
|
| Status: | Rented |
| Sqft: | 1,517 |
| Cost/Sqft: | $0 |
| Beds: | 3 |
| Baths: | 2 |
| Year Built: | 1963 |
| Property Taxes: | $0 |
| Days On Market: | 32 |
| Lot Size: | 0,00 |
Description
LOCATION, LIFESTYLE, AND A VIEW THAT KEEPS GETTING BETTER. Welcome to this beautifully maintained 3-4 bedroom home (with potential to convert the finished lower level into a 4th bedroom), perfectly positioned directly across the street from Lions Memorial Park, offering open, unobstructed views of expansive green space and a setting that feels both peaceful and connected. From the moment you arrive, you'll notice the care and pride of ownership-from the newly sided garage to the enhanced landscaping that elevates curb appeal and creates a warm, inviting exterior. Inside, natural light pours into the open-concept living and dining areas, creating a bright and welcoming atmosphere ideal for both everyday living and entertaining. The kitchen, pantry, and main-level bath were fully renovated in 2020 with thoughtful, high-quality finishes, including updated flooring, new windows, stainless steel appliances, concealed dishwasher, custom cabinetry, modern lighting, and sleek quartz countertops-blending style and functionality seamlessly. Upstairs, you'll find well-appointed bedrooms and a full bath, while the finished lower level offers incredible flexibility-whether you envision a spacious recreation room, home office, workout space, or a future 4th bedroom. With an existing layout that includes a laundry area and a storage room already pipe-fitted for a bathroom, the potential here is real. Step outside and the lifestyle truly comes alive. Living across from Lions Memorial Park means instant access to walking paths, playgrounds, sports courts, baseball fields, and the beloved Bandshell, where summer concerts and community events bring the neighborhood together. The park is also in the midst of a major multi-million dollar transformation, adding even more value and long-term appeal to this already prime location. And when you're ready to explore, you're just a short walk to downtown Mount Prospect-where restaurants, coffee shops, a grocery store, the public library, Metra station, and year-round events create that perfect small-town feel with everyday convenience. This isn't just a home-it's a lifestyle rooted in community, walkability, and a location that continues to grow in value. Come experience it for yourself.
Property Specifics
| Residential Rental | |
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| 1963 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12646756 | |
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Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Lions Park Elementary School |
57 | — | |
|
Middle School
Lincoln Junior High School |
57 | Not in DB | |
|
High School
Prospect High School |
214 | Not in DB | |
|
Alternate Elementary School
Westbrook School For Young Learn |
— | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 30 Aug, 2023 | Sold | $440,000 | MRED MLS |
| 25 Jul, 2023 | Under contract | $450,000 | MRED MLS |
| 19 Jul, 2023 | Listed for sale | $450,000 | MRED MLS |
| 20 May, 2026 | Under contract | $0 | MRED MLS |
| 13 May, 2026 | Listed for sale | $0 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2.5 | |
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| 69X131X73X131 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $8,157 |
Contact Agent
Contact Agent
Listing Provided By
E- Signature Realty


