Due to the increased demand in the housing market at this time, we are only able to help our clients who are in need of purchasing and/or selling a home. To schedule a tour of this rental property, copy this listings MLS# 12646756 into google and navigate through the different results. Fill out the forms to contact the agent via the alternative websites you find. We appologize that we cannot help you with rental properties at this time.

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
Map
Street View

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
1963
No
Cook
— / —
12646756

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

All Bedroom Info:
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2.5
69X131X73X131
Not in DB

Tax History

Year Property Taxes
2023 $8,157

Contact Agent

Due to the increased demand in the housing market, we are only able to help our clients who are in need of purchasing and/or selling a home. To schedule a tour of this rental property, copy this listings MLS# 12646756 into google and navigate through the different results. Fill out the forms to contact the agent via the alternative websites you find. We appologize that we cannot help you with rental properties at this time.

Listing Provided By

E- Signature Realty