316 S Mount Prospect Road Mount Prospect, IL ^$ 399,000

316 S Mount Prospect Road

^$ 399,000

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316 S Mount Prospect Road

Mount Prospect, IL, 60056

^$ 399,000

Bedrooms4 Baths2.0 Sq 2,000

Monthly Estimate*

^$ 2,489

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Single Family Home for sale in Mount Prospect, IL

for $399,000 with 4 bedrooms and 2 full baths. This 2,000 square foot home was built in 1958 on a lot size of 0.1871.

THIS IS IT! A charming all-brick ranch home featuring 4 bedrooms and 2 full baths, this home is perfect for living and entertaining. The home boasts beautiful hardwood floors, a full finished basement, and a bright Florida sunroom for enclosed outdoor relaxation. The kitchen has stainless steel appliances. It has an attached garage and a huge backyard, so there's plenty of room for barbecues and other outdoor enjoyment. Conveniently located near shopping and near the Metra, this home offers both comfort and accessibility. Make this your dream home!

Single Family Contingent

Price

^$ 399,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 6,541

Style

Lot Size

0.1871

Year Built

1958

Town/City

Mount Prospect

County/Region

Cook

MLS | Web ID

12422750

Features

General

Living Area 2000

Sewer Public Sewer

Heating Natural Gas Forced Air

Cooling Central Air

Possession Closing

Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal

Garage Spaces 1

Association Fee Includes None

Construction Materials Brick

Year Built 1958

Electric Circuit Breakers

Township Elk Grove

Tax Year 2023

Ownership Fee Simple

Assoc Fee Paid Per Not Applicable

County Cook

New Construction N

Property Type Residential Detached Single

Contingency Attorney/Inspection

Total Rooms 6

Full Baths 2

Status Contingent

Directions Mount Prospect Road between Northwest Highway and Central

City Mount Prospect

High School District 214

MLS Area Mount Prospect

Tax Annual Amount 6541.8

Standard Status Active Under Contract

Middle/Junior School District 57

Elementary School District 57

Interior

Basement Finished Full

Half Baths 0

Total Bedrooms 3

Room Type Sun Room

Total Baths 2

Bedrooms Possible 4

Exterior

Parking Features Yes Garage Owned Attached Garage

Water Source Lake Michigan

Total Parking 1

Lot Dimensions 50X163

Lot Size Acres 0.1871

Waterfront Y/N N

* Excluded Features

List By

Compass

Broker

damone.richardson@compass.com

Affordability Calculator

$3,034

Per Month

Monthly Principal & Interest: $2,489
Monthly Property Taxes: $545
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Single family listings in Mount Prospect, IL

Average List Price ^$548,934

Percent of Sale Price 38%

About Mount Prospect, IL

53,442 Population

-4% Since 2002

^$71,097 Median Income

41.58 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565004 Elementary School

567027 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2025	$399,000	-7.21%	Price Down
9/8/2025	$429,999	-1.15%	Price Down
7/17/2025	$435,000		Listed Price

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316 S Mount Prospect Road, Mount Prospect, IL, 60056 is a Single Family Home for sale at $399,000 with 2,000 sqft and a lot size of 0.1871. 316 S Mount Prospect Road has 4 bedrooms, 2.0 baths, and was built in 1958. The property's zip code is 60056 which is in Mount Prospect, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/20/2025.

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316 S Mount Prospect Road

Single Family Home for sale in Mount Prospect, IL

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