When was property at 1 North School Street built and last sold?

The property at 1 North School Street was built in 1955 and last sold on Feb 15, 2024 for $315,000.

How much is this home worth?

The estimated value of the home located at 1 North School Street is $0.

What are some comparable homes to 1 North School Street?

There are currently no comparable homes to 1 North School Street.

Mount Prospect

60056

1 N School Street

$350,000

● House - Off Market

1 N School Street

Mount Prospect, IL 60056

3 Beds

3 Baths

2,090 Ft²

$2,732

Est. Monthly

5.77%

Cap Rate

About This Property

Don't miss this opportunity to rehab a rare 2000-square-foot ranch-style home with a unique layout just a block from downtown Mount Prospect. Loaded with possibilities, this home has a large family room with a loft & vaulted ceilings, hardwood floors, four fireplaces, two-car attached garage, and solid brick/stone exterior. Home will be sold as-is and needs TLC, updates, and repairs. This is a prime opportunity for someone who wants to remodel or add a second story. New A/C/Furnace/Ductwork in 2024. Acceptable Financing: conventional renovation, cash or owner financing. Top-rated District 57 and 214 schools: Fairview Elementary, Lincoln Middle, and Prospect HS. Walkable to downtown Mount Prospect, Parks, Schools, Library, Metra, and so much more. Bring your ideas! Seller is an Illinois Licensed Real Estate Broker.

Unit Size

2,090 Ft²

Days on Market

Land Size

Price per sqft

$179

Property Type

House

Property Taxes

$891

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11972892)

Price History

Date / Event	Date	Event
Aug 9, 2024	Sold	Premium
Sold
Jul 20, 2024	In contract	-
In contract
Jun 17, 2024	Price Decreased	$374,900 ↓ $25K (6.3%)
Price Decreased
Mar 15, 2024	Listed by Century 21 Langos & Christian	$399,900
Listed by Century 21 Langos & Christian

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1955
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 11
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 11,700

Total Building Area: 2,094
Gross Building Area: 2,094
Building Area: 2,094
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 2,094
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: FRANK SERAFINE SUB OF PT OF SH SE SEC
Land Acres: 0000000269
Standard Land Use Code: 1001
County Land Use Code: 2-04

Neighborhood

School District Name: Township High School District 214

Census Tract: 802802

Geography

District: 38

Parcel: 03-34-417-008-0000
Lot: 17
Meridian: SEC 34 TWN 42N RNG 11E
Municipality: WHEELING
Latitude: 42.0665
Longitude: -87.9309

Address

Full Address: 1 N School St

Address - House Number: 1
Street Direction: N
Address - Street Name: School
Address - Suffix Type: St
State: IL
City Name: Mount Prospect
Carrier Code: C076
4-Digit Zip Code: 2538
Zip Code: 60056

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,069,373
Tax Rate Code Area: 38020

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 427,687
High Value: 470,930
Low Value: 384,445

Market Valuation

Market Total Value: $400,000

Market Land Value: $117,000
Market Improvement Value: $283,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $40,000
Assessed Land Value: $11,700
Assessed Improvements Value: $28,300

Sales

Current Sale Contract Date: Feb 15, 2024

Current Sale Recording Date: Feb 22, 2024
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 6200

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Mount Prospect

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

Average Home Size

1734 ft²

Average Home Age

55.7 years

Currently For Sale

85 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,575 /mo

1 Bed
1 Bath
655 ft²

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$2,700 /mo

3 Beds
1 Bath

529 E Lincoln Street, Mount Prospect, IL, 60056 Listing by Claudiu Popescu

Unit for rent at 384 S Wolf Road S, Des Plaines, IL, 60016

$2,900 /mo

3 Beds
1 Bath
1,137 ft²

384 S Wolf Road S, Des Plaines, IL, 60016 Listing by Brian Ramirez

Rentals Near You

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Listed by: Salvatore Demma, Century 21 Langos & Christian
Last Updated: 3 years ago
Data Source: MRED, MLS# 11972892

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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1 N School Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Mount Prospect

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions