510 N Fairview Avenue
Mount Prospect, IL, 60056 $ 400,000
Bedrooms3 Baths1.0 Sq 1,156 Monthly Estimate*
$ 2,463
for $400,000 with 3 bedrooms and 1 full bath. This 1,156 square foot home was built in 1958.
FRESH FUNCTIONAL FAIRVIEW ~ Move-in ready 3 bedroom ranch in Mount Prospect with finished basement, fenced yard, and Prospect High School location. Fully rehabbed in 2026, this updated home combines modern improvements with practical living space in a walkable neighborhood close to schools, parks, shopping, and transportation. Hardwood floors run throughout the main level, connecting the bright living room and dining area in an easy open layout ideal for everyday living and entertaining. Three generously sized bedrooms, including a spacious 14x14 primary bedroom, offer flexibility for families, guests, or work-from-home space. The galley kitchen features solid oak cabinetry, generous counter space, and a double-basin sink. Clean, functional, and ready from day one. The fully finished basement adds nearly 800 square feet of additional living space perfect for a rec room, media room, home office, workout area, or playroom, plus a separate laundry room with washer and dryer included. Step outside to a large wood deck with pergola overlooking the fully fenced backyard on an oversized 50x145 lot with room to entertain, garden, or play. Detached 2-car garage with opener, long asphalt driveway, and 4 additional exterior parking spaces provide exceptional off-street parking and storage flexibility. Major mechanical updates include furnace (2015), water heater (2018), roof (2020), and central AC (2023), giving buyers confidence that the big-ticket items are already completed. Gas forced-air heat and central air conditioning provide year-round comfort. Excellent Mount Prospect location just two blocks from Fairview Elementary School and Prospect High School. Ideal for first-time buyers, downsizers, or anyone looking for a move-in ready home with updated mechanicals, finished basement space, and a large fenced yard in a highly desirable neighborhood. Achosa Home Warranty included with one full year of buyer coverage from closing. Schedule your visit today and experience the space, updates, and flexibility this updated Mount Prospect ranch offers from the moment you walk in.
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FeaturesGeneralLiving Area 1156
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Washer Dryer
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch
Construction Materials Aluminum Siding Brick Frame
Year Built 1958
Township Wheeling
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Contingency Attorney/Inspection
Other Structures Pergola Shed(s)
Total Rooms 7
Full Baths 1
Status Contingent
Directions Rt 83 to Kensington W to Fairview S to home
High School Prospect High School
City Mount Prospect
High School District 214
MLS Area Mount Prospect
Elementary School Fairview Elementary School
Tax Annual Amount 9205
Middle/Junior High School Lincoln Junior High School
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 57
Elementary School District 57
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InteriorInterior Amenities 1st Floor Bedroom 1st Floor Full Bath
Basement Finished Full
Flooring Hardwood
Half Baths 0
Total Bedrooms 3
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 3
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ExteriorParking Features Asphalt Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 50x145
Waterfront Y/N N
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* Excluded FeaturesList Bycaroline@carolinegau.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,463
- Monthly Property Taxes
- $767
- 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 $572,024
Percent of Sale Price 43%
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 |
|---|
| 5/7/2026 | $400,000 | | Listed Price |