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$185,000
4 Days On Site

501 E Prospect Avenue 1F
Mount Prospect, IL 60056

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
800
SqFt
$231
/SqFt
1963
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Kale Realty
Call Now: 847-380-8388
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847-380-8388
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Monthly Payment (Est.)

$844
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Don't miss this exceptional opportunity to own a beautifully maintained apartment in the heart of downtown Mount Prospect. Perfectly situated just steps from shops, restaurants, and public transportation, this unit offers unbeatable convenience and lifestyle appeal. Currently leased to a reliable tenant, this property presents a turnkey investment with immediate income potential. The interior features a bright and functional layout, a well-appointed kitchen, and a cozy living space ideal for comfortable living. Newer dishwasher & water heater. Each unit has an assigned storage space. This unit combines strong rental demand with a fantastic location. Property is currently leased until July 22, 2025.

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Listing Snapshot
Price 
$185,000
Days On Site 
4 Days
Bedrooms 
1
Inside Area (SqFt) 
800 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1963
MLS® Number 
12377676
Status 
Active
Property Tax 
$1,521
HOA/Condo/Coop Fees 
$183 monthly
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Number Of Stories 
3
Parking 
GuestOn Site
Parking Spaces 
1
Pets 
Cats OK
Property Sub Type 
Condominium
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
None
Cooling 
Wall Unit(s)
Heating 
Natural GasForced Air
Laundry Features 
Common Area
Bedroom 2 
Bedroom 3 
Bedroom 4 
Dining Room 
Dimensions – COMBOLevel – Main
Family Room 
Kitchen 
Dimensions – 11X8Level – Main
Laundry 
Living Room 
Dimensions – 20X13Level – Main
Master Bedroom 
Dimensions – 14X12Level – Main
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Exterior Features
Construction Details 
Brick
Community Features
Association Dues 
183
HOA Fee Frequency 
Monthly
MLS Area 
Mount Prospect
School District 
Prospect High School
Township 
Elk Grove
Schools
School District
Prospect High School
Elementary School
Lions Park Elementary School
Middle School
Lincoln Junior High School
High School
Prospect High School
Listing Courtesy of MRED as distributed by MLS Grid of Kale Realty



Based on information submitted to the MLS GRID as of 2025-06-04 07:52 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-06-04 07:52 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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