When was property at 311 North Main Street built and last sold?

The property at 311 North Main Street was built in 1955 and last sold on Aug 30, 1994 for $127,000.

How much is this home worth?

The estimated value of the home located at 311 North Main Street is $232,254.

What are some comparable homes to 311 North Main Street?

There are currently no comparable homes to 311 North Main Street.

Mount Prospect

60056

311 N Main Street

$210,000

● House - Off Market

311 N Main Street

Mount Prospect, IL 60056

2 Beds

2 Baths

1,030 Ft²

$252,291

RealtyHop Estimate

10.17%

Since Jan 1, 2022

National-US

Primary Model

About This Property

Red hot deal alert!! This solid brick ranch with finished basement has great potential and is ready and waiting for your ideas. Huge opportunity for sweat equity or investment with plenty of higher priced high end comps going contingent and closing across the neighborhood. Much more space than meets the eye with loads of storage and potential for in-law/extended family arrangement in the basement. Great backyard with opportunity for gardening or creating the perfectly manicured retreat. Close to everything downtown Mount Prospect has to offer and all the shopping you could ask for in and around Randhurst Village. Prospect High School! Don't miss it!

Unit Size

1,030 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$222

Property Type

House

Property Taxes

$632

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11257251)

Price History

Date / Event	Date	Event
Dec 16, 2021	Sold	Premium
Sold
Oct 28, 2021	Listed by Compass	$229,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1955
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 3
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: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,600

Lot Size Depth Feet: 1,520
Lot Size Frontage Feet: 500
Total Building Area: 1,030
Gross Building Area: 1,030
Building Area: 1,030
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,030
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAUDERMILK VILLA
Land Acres: 0000000175
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (LAUDERMILK)(VILLA) SUB IN SE SEC 34-42-11

Neighborhood

School District Name: Township High School District 214

Census Tract: 802802

Geography

District: 38

Parcel: 03-34-400-007-0000
Lot: 155
Meridian: SEC 34 TWN 42N RNG 11E
Municipality: WHEELING
Latitude: 42.0725
Longitude: -87.9365

Address

Full Address: 311 N Main St

Address - House Number: 311
Street Direction: N
Address - Street Name: Main
Address - Suffix Type: St
State: IL
City Name: Mount Prospect
Carrier Code: C074
4-Digit Zip Code: 2412
Zip Code: 60056

Valuation

Tax

Tax Year: 2022

Tax Amount: $668,362
Tax Rate Code Area: 38020

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 225,667
High Value: 248,484
Low Value: 202,850

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $250,000

Market Land Value: $76,000
Market Improvement Value: $174,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $25,000
Assessed Land Value: $7,600
Assessed Improvements Value: $17,400

Sales

Current Sale Contract Date: Aug 30, 1994

Current Sale Recording Date: Sep 01, 1994
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 94770405

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:

$459,900

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

Average Home Size

1647 ft²

Average Home Age

55.6 years

Currently For Sale

81 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

Unit for rent at 1405 E Central Road, Arlington Heights, IL, 60005

$2,500 /mo

2 Beds
2 Baths
1,315 ft²

1405 E Central Road #201A, Arlington Heights, IL, 60005 Listing by Stilian Dinev

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jordan McCormick, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11257251

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.

311 N Main 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