See Home Value
$400,000
● House - Off Market

601 Albion Lane

Mount Prospect, IL 60056
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,604 Ft²
$540,719
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

There is so much more here than meets the eye!!!  You truly must see this amazing home to appreciate all that it offers . . . with tons of space, functionality, open concept living . . . . and flexibility galore! You'll love the large kitchen with its breakfast bar that's open to the huge family room with a beautiful fireplace and brand new floors! Talk about a great room! The five bedrooms give you plenty of options for a home office, guest room, exercise room, media room or in-law areas. The outdoor space is beautiful, with a patio & large fenced yard. The quiet setting will make you feel like you're out in the country, while you're just blocks from multiple shopping choices, including Randhurst. Great commuting options include easy Metra access in Mt Prospect  & Arlington Heights & we haven't even touched on the outstanding schools! Enjoy the excellent education provided by Dryden Elementary & South Middle School (District 25) and then walk (yes . . . we did say "walk") just a few blocks to Prospect High School.  Current owners really love this home and it definitely shows.  Now that they're empty nesters they would love for someone else to enjoy all the indoor and outdoor space that they no longer need.  BE SURE TO CLICK THE LINK & CHECK OUT OUR 3D VIRTUAL WALK THROUGH!!!
Unit Size
2,604 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$154
Property Type
House
Property Taxes
$1,108
HOA Dues
-
Year Built
1952

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Last updated: 3 years ago (MRED MLS #10639111)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Sold
Feb 17, 2020 Listed by Keller Williams Chicago-O'Hare $400,000
Listed by Keller Williams Chicago-O'Hare
Nov 22, 2019 No longer available -
No longer available
Sep 4, 2019 Listed $449,000
Listed
There is so much more here than meets the eye!!! You truly must see this amazing home to appreciate all that it offers . . . with tons of space, functionality, open concept living . . . . and flexibility galore! You'll love the large kitchen with it's breakfast bar that's open to the huge family room & fireplace. Talk about a great room! The five bedrooms give you plenty of options for a home office, guest room, exercise room, media room or in-law areas. The outdoor space is beautiful, with a patio & large fenced yard. The quiet setting will make you feel like you're out in the country, while you're just blocks from multiple shopping choices, including Randhurst. Great commuting options include easy Metra access in Mt Prospect & Arlington Heights & we haven't even touched on the outstanding schools! Enjoy the excellent education provided by Dryden Elementary & South Middle School (District 25) and then walk (yes . . . we did say "walk") just a few blocks to Prospect High School. The manager has listed the unit size as 2604 square feet.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 12,960
  • Total Building Area: 2,604
  • Gross Building Area: 2,604
  • Building Area: 2,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,604
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROSPECT MEADOWS
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (PROSPECT)(MEADOWS) SUB OF PT WH SW SEC 27-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802801

Geography

  • District: 38
  • Parcel: 03-27-311-007-0000
  • Block: 6
  • Lot: 7
  • Meridian: SEC 27 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0836
  • Longitude: -87.9447

    Address

  • Full Address: 601 Albion Ln
  • Address - House Number: 601
  • Address - Street Name: Albion
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C073
  • 4-Digit Zip Code: 1101
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,136,967
  • Tax Rate Code Area: 38089

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 566,887
  • High Value: 695,433
  • Low Value: 438,341

    Market Valuation

  • Market Total Value: $460,000
  • Market Land Value: $93,960
  • Market Improvement Value: $366,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,000
  • Assessed Land Value: $9,396
  • Assessed Improvements Value: $36,604

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2036513207
  • Previous Sale Recording Date: Mar 25, 2003
  • Previous Sale Contract Date: Jan 28, 2002
  • Previous Sale Amount: $307,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mount Prospect


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 332 S School Street, Mount Prospect, IL, 60056

$4,295 /mo

  • 3 Beds
  • 2 Baths
  • 1,831 ft²
332 S School Street #332, Mount Prospect, IL, 60056 Listing by David Schwartz


Frequently Asked Questions

When was property at 601 Albion Lane built and last sold?
The property at 601 Albion Lane was built in 1952 and last sold on Sep 29, 2020 for $400,000.
How much is this home worth?
The estimated value of the home located at 601 Albion Lane is $0.
What are some comparable homes to 601 Albion Lane?
There are currently no comparable homes to 601 Albion Lane.