See Home Value
Prospect Heights 60070
507 Hillcrest Drive
$392,000 - $478,000
House - Off Market

507 Hillcrest Drive

Prospect Heights, IL 60070
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
2000 Sqft
Transfer
Owner

About This Property

Nestled on nearly a half acre, this sprawling, 3 bedroom, 1 1/2 bathroom, quality built, brick RANCH has a full basement ready for you to restore it to its full potential! Perfect home for investors, rehabbers or live in and build your own sweat equity. True ranch, no steps... ample space to entertain... huge living room, generously-sized bedrooms, primary bath with dual vanity, kitchen, separate dining room and charming breakfast nook. Bay window by eating area and garden window by the sink offer an abundance of natural lighting and great views. Hardwood floors under carpeting. 2 fireplaces! Enormous basement with plenty of space to create a recreation area, playroom, and 4th or even 5th bedroom. Enjoy the large backyard with pavers and a gazebo. 2-car attached garage with bonus storage area. The possibilities are endless! Excellent location, just minutes from shopping, restaurants and the expressways. Highly regarded School District 23 and award winning District 214, John Hersey High School. This is an estate sale and home is being sold As Is, As Shown. All personal property will be conveyed to buyer with sale. Condition of home is reflected in price.

The manager has listed the unit size as 2000 square feet.
Unit Size
2,000Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$218
Property Type
House
Property Taxes
$689
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Apr 21, 2024 No longer available -
No longer available
Mar 28, 2024 In contract -
In contract
Mar 23, 2024 Listed $435,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,790
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,922
  • Gross Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EHLER & WENBORGS HILLCREST SUB UNIT3
  • Land Acres: 0.477
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (EHLER) & (WENBORGS) (HILLCREST) SUB (UNIT3) SUB OF S 45ACS OF E 60ACS OF NE SEC 22-42-11

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prospect Heights School District 23
  • Census Tract: 802607

Geography

  • District: 38
  • Parcel: 03-22-206-004-0000
  • Lot: 41
  • Meridian: SEC 22 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1046
  • Longitude: -87.928

    Address

  • Full Address: 507 Hillcrest Dr
  • Legal Unit: 3
  • Address - House Number: 507
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Prospect Heights
  • Carrier Code: C022
  • 4-Digit Zip Code: 1312
  • Zip Code: 60070

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,272
  • Tax Rate Code Area: 38009

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 482,513
  • High Value: 592,690
  • Low Value: 372,336

    Market Valuation

  • Market Total Value: $355,120
  • Market Land Value: $83,160
  • Market Improvement Value: $271,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,512
  • Assessed Land Value: $8,316
  • Assessed Improvements Value: $27,196



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
3 Beds
1.5 Baths
1,700 ft²
$250/ft²
$424,900 Mar 29, 2024
-
$985/mo

About Prospect Heights


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Nearby Rentals

Unit for rent at Wolf Point Plz And Orleans, Chicago, IL, 60654

$2,800 /mo

  • 1 Bed
  • 1 Bath
Wolf Point Plz And Orleans #Jr 1 Bedroom, Chicago, IL, 60654 Listing by Manager
Unit for rent at 704 Wilshire Dr, Mount Prospect, IL, 60056

$2,850 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,200 ft²
704 Wilshire Dr, Mount Prospect, IL, 60056 Listing by Manager


Frequently Asked Questions

When was property at 507 Hillcrest Drive built and last sold?
The property at 507 Hillcrest Drive was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 507 Hillcrest Drive is $434,208.
What are some comparable homes to 507 Hillcrest Drive?
Homes that are comparable to 507 Hillcrest Drive include a house property at 1 Coldren Drive, located in Prospect Heights, IL.

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