Recently Listed Open House 7/26 1am - 3pm
114 N Lancaster Street
Mount Prospect, IL, 60056 $ 464,900
Bedrooms4 Baths3.0 Sq 2,990 Monthly Estimate*
$ 2,935
for $464,900 with 4 bedrooms and 3 full baths. This 2,990 square foot home was built in 1956.
Rare Opportunity! Spacious 4-Bedroom Home in Highly Rated District 57 & Prospect High School District - $464,900Welcome to 114 N. Lancaster Street - a spacious 4-bedroom, 3-bathroom detached home offering exceptional space, flexibility, and value in the desirable Centralwood neighborhood of Mount Prospect. Situated on a generous lot, this home provides nearly 3,000 square feet of living space with a layout designed for today's lifestyle. Step inside to find bright, inviting living areas featuring hardwood floors, a spacious living room, formal dining room, and a well-sized kitchen ready for your personal touches. The main level offers a convenient bedroom option, while the second floor includes three additional bedrooms providing comfort and privacy. The finished lower level expands your living space with a large family room, recreation area, home office, gym, or guest space possibilities, plus additional storage and a full bathroom. Enjoy the convenience of a detached 2-car garage and a location close to parks, shopping, restaurants, Metra, and major expressways. Located within highly rated Mount Prospect schools, including Fairview Elementary, Lincoln Middle School, and Prospect High School, this home presents a wonderful opportunity to own in an established community with award-winning schools and an outstanding location. Property is being sold as-is. Bring your vision and make this home your own!
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Open House
7/26/2026 1:00 AM - 3:00 PM
114 N Lancaster Street Mount Prospect, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 2990
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Garage Spaces 2
Association Fee Includes None
Construction Materials Vinyl Siding Brick
Year Built 1956
Electric Circuit Breakers 100 Amp Service
Township Wheeling
Tax Year 2024
Ownership Fee Simple
Community Features Park Pool Tennis Court(s) Curbs Sidewalks Street Lights Street Paved
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Subdivision Name Centralwood
Total Rooms 8
Full Baths 3
Status New
Directions To reach your destination please follow these directions: Head west on Central Road and take a right onto Lancaster. Continue on Lancaster until you reach the end of the road on your left hand side.
High School Prospect High School
City Mount Prospect
High School District 214
MLS Area Mount Prospect
Elementary School Fairview Elementary School
Tax Annual Amount 9511.44
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 0
Laundry Features Common Area Sink
Total Bedrooms 4
Below Grade Finished Area 710
Room Type No additional rooms
Total Baths 3
Bedrooms Possible 4
Bathroom Whirlpool Separate Shower Accessible Shower Soaking Tub
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ExteriorParking Features Concrete Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 52X132X35X112
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
judimuniz@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,935
- Monthly Property Taxes
- $793
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $579,649
Percent of Sale Price 25%
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 |
|---|
| 7/21/2026 | $464,900 | | Listed Price |