502 S I Oka Avenue Mount Prospect, IL $ 785,000
502 S I Oka Avenue
$ 785,000
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502 S I Oka Avenue

Mount Prospect, IL, 60056
$ 785,000
Bedrooms4 Baths3.1 Sq 3,031

Monthly Estimate*

$ 4,833

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Single Family Home for sale in Mount Prospect, IL

for $785,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,031 square foot home was built in 1927 on a lot size of 0.185.

Rare Opportunity for a Historic 1927 Home with Endless Potential! Nestled in the highly desirable Country Club subdivision of Mount Prospect, this classic 1927 residence enjoys an exceptional setting near St. Raymond School, Weller Creek and Park, and the Mount Prospect Golf Club. Offering over 3,000 square feet of living space Plus a full finished basement, the home is rich in character and historic charm, reflecting decades of thoughtful care. The interior was lovingly remodeled in the early 1990s with great respect for the home's original architectural integrity, preserving its timeless appeal and historic value. Hardwood flooring runs throughout much of the home, and a four-season room seamlessly connects to the main living area, providing additional flexible space to enjoy year-round. Important mechanical updates include a new roof installed approximately two years ago, along with a boiler and water heater replaced around ten years ago. While the home does require updating, it presents an outstanding opportunity for those looking to restore, enhance, or reimagine a truly special property. Currently tenant-occupied, the home is leased through the end of July 2026, with occupancy available August 1, 2026 (unless the lease is extended). This makes it an excellent option for investors seeking a property in a prime location with strong long-term potential. A rare chance to own a historic home with substance, setting, and significant upside. Property being sold As Is.

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Single Family Active

Price

$ 785,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 16,203

Style

Lot Size

0.185

Year Built

1927

Town/City

Mount Prospect

County/Region

Cook

MLS | Web ID

12539977

Features
General
Living Area 3031
Sewer Public Sewer
Heating Baseboard Radiator(s)
Cooling Window Unit(s)
Possession Other
Garage Spaces 1
Association Fee Includes None
Construction Materials Cedar
Year Built 1927
Township Elk Grove
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 11
Full Baths 3
Status New
Directions Lincoln or Council Trail 1 block West of Elmhurst/83 to I-Oka
High School Prospect High School
City Mount Prospect
High School District 214
MLS Area Mount Prospect
Elementary School Lions Park Elementary School
Tax Annual Amount 16203.45
Middle/Junior High School Lincoln Junior High School
Standard Status Active
Middle/Junior School District 57
Elementary School District 57
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Interior
Basement Partially Finished Full
Total Fireplaces 1
Half Baths 1
Total Bedrooms 4
Room Type Office Recreation Room Heated Sun Room Walk In Closet
Total Baths 4
Bedrooms Possible 4
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 1
Lot Dimensions 61x130x61x134
Lot Size Acres 0.185
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

bryan.nelson@bairdwarner.com

Email

Affordability Calculator

$6,184
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,833
Monthly Property Taxes
$1,350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567802 Elementary School
566978 Middle School
Prospect High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$785,000 Listed Price

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502 S I Oka Avenue, Mount Prospect, IL, 60056 is a Single Family Home for sale at $785,000 with 3,031 sqft and a lot size of 0.185. 502 S I Oka Avenue has 4 bedrooms, 3.1 baths, and was built in 1927. The property's zip code is 60056 which is in Mount Prospect, IL