500 N Fairview Avenue
Mount Prospect, IL, 60056 $ 860,000
Bedrooms4 Baths3.1 Sq 2,916 Monthly Estimate*
$ 5,295
for $860,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,916 square foot home was built in 1949 on a lot size of 0.149.
Completely reimagined with designer finishes and exceptional attention to detail in Mount Prospect! This stunning home offers 4 bedrooms, 3.5 bathrooms, and thoughtfully curated modern-organic finishes throughout, blending sophistication with everyday comfort. The sun-filled open-concept main level features brand-new hardwood flooring and a show-stopping custom kitchen designed to be the heart of the home. Highlights include a massive four-person island, quartz countertops with a full-height backsplash, sleek contemporary cabinetry, and elevated finishes that balance style and functionality. A main-level bedroom and full bath with a walk-in shower provide flexibility for guests, a home office, or multigenerational living. Upstairs, the luxurious primary suite offers a spa-inspired bathroom with double vanities, a walk-in shower, and both a spacious walk-in and additional reach-in closet. Two additional bedrooms share a beautifully designed Jack and Jill bathroom, with plush new carpeting throughout the second level. The finished basement expands your living space with a powder room, dedicated laundry area, storage/mechanical room, and a versatile flex space ideal for a home office, gym, or hobby area. Extensive updates include all-new plumbing, electrical, HVAC, a full second-floor addition, and a new roof providing true peace of mind. The completely rebuilt two-car garage features new framing and concrete and connects through a functional mudroom entry. Situated on a spacious corner lot, the outdoor space offers endless potential for entertaining, gardening, or relaxing. Located in highly desirable Mount Prospect with award-winning schools, parks, Randhurst Village shopping and dining, Metra access, and a vibrant community atmosphere. A standout opportunity to own a fully renovated, move-in ready home in one of the Northwest suburbs' most sought-after locations.
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FeaturesGeneralLiving Area 2916
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s)
HOA Fee 0
Garage Spaces 2
Association Fee Includes None
Construction Materials Brick
Year Built 1949
Electric Circuit Breakers Fuses 200+ Amp Service
Township Wheeling
Tax Year 2023
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Subdivision Name Prospect Manor
Total Rooms 8
Full Baths 3
Status Price Change
Directions Northwest Hwy (Rt 14) to N Fairview Avenue. Home is on the corner of W Memory Lane and N Fairview Avenue.
High School Prospect High School
City Mount Prospect
High School District 214
MLS Area Mount Prospect
Elementary School Fairview Elementary School
Tax Annual Amount 7141.46
Middle/Junior High School Lincoln Junior High School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 57
Elementary School District 57
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InteriorBasement Finished Full
Half Baths 1
Total Bedrooms 4
Below Grade Finished Area 790
Room Type Storage Utility Room-Lower Level Walk In Closet
Total Baths 4
Bedrooms Possible 4
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ExteriorParking Features Concrete Garage Door Opener Yes Garage Owned Attached Garage
Lot Features Corner Lot
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 132 x 50
Lot Size Acres 0.149
Waterfront Y/N N
Other Equipment CO Detectors
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* Excluded FeaturesList ByHomesmart Connect LlcBroker
martakszczotek1@gmail.com;martakszczotek1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,295
- Monthly Property Taxes
- $595
- 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.
Learn more about how to save NearbySingle family listings in Mount Prospect, IL
Average List Price $583,370
Percent of Sale Price 32%
About Mount Prospect, IL 53,442 Population
-4% Since 2002
$ 71,097 Median Income
41.58 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
564797 Elementary School
566978 Middle School
Prospect High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/27/2026 | $860,000 | -2.27% | Price Down |
| 4/14/2026 | $880,000 | -1.01% | Price Down |
| 3/13/2026 | $889,000 | -1.11% | Price Down |
| 2/19/2026 | $899,000 | | Listed Price |