Section Image

Downtown Mount Prospect

Downtown Mount Prospect

Suburban Neighborhood in Mount Prospect, Illinois

Cook County 60056
$468,518 Average Value
$301 Average Price per Sq Ft
9 Homes For Sale

Shops and cuisine surround a Metra station

With new developments surrounding the city’s Metra station, Downtown Mount Prospect has become a friendly place to eat, shop and socialize around 50 minutes from Downtown Chicago. “There’s something for everyone in Downtown Mount Prospect. It’s a family-friendly neighborhood with lots to see and do,” says local Realtor Holly Connors.
Mt. Prospect has around 53,433 residents.
Mt. Prospect has around 53,433 residents.
Downtown Mount Prospect has many outdoor cafes for residents to enjoy in the warmer months.
Downtown Mount Prospect has many outdoor cafes for residents to enjoy in the warmer months.
1/2

Mrs. P and Me: a Prohibition-weathered establishment

Within the central cluster of restaurants on Northwest Highway, residents will find a Downtown Mount Prospect mainstay: Mrs. P & Me. Housed in a nostalgic, Tudor-inspired building, Mrs. P & Me opened in 1977, though its location has a much longer history in hospitality. Originally a saloon established in 1902, Prohibition laws drastically shifted the bar’s offerings in the 1920s. Kruse’s Tavern took over the location after the end of Prohibition and stayed open until the founders of Mrs. P and Me moved in. Residents have a wealth of choices among sandwiches, burgers and wraps, as well as All the Fish You Wish selection every Thursday. For an evening out, visit Emerson’s Ale House across the street for classic American pub fare, including prime rib sliders, cheese curds and buffalo mac and cheese paired with a refreshing brew or a handcrafted cocktail.

Residents can pick up essentials at the local Walmart Supercenter, Aldi or Mariano’s throughout the week. They can also shop local on Sunday mornings at the farmer’s market from June to October, held at the corner of Main Street and Northwest Highway. Organized by the local Lions Club, Mount Prospect residents can support local businesses by purchasing fresh produce, locally harvested honey, baked goods, coffee and more.
Mrs. P and Me is a pub with local memorabilia and an outdoor patio in Downtown Mount Prospect .
Mrs. P and Me is a pub with local memorabilia and an outdoor patio in Downtown Mount Prospect .
Emerson Ale House in Downtown Mount Prospect has TVs throughout so you will not miss any action.
Emerson Ale House in Downtown Mount Prospect has TVs throughout so you will not miss any action.
1/2

Metra station at the community center

A Northwest Metra line station anchors the community, with tracks running alongside the Northwest Highway through the central stretch of Downtown Mount Prospect. Around 45 to 55 minutes from Downtown Chicago, residents can buy a Metra rail ticket or take Northwest Highway to Interstate 90 to get to the city center. Downtown Mount Prospect, with the shops and restaurants surrounding its Metra station, is a destination in and of itself for other nearby suburbs. “It’s a great central hub,” says Compass real estate agent Matt Mika, also a former downtown Mount Prospect resident.
Train picking up Mount Prospect residents from the neighborhoods downtown strip to Chicago.
Train picking up Mount Prospect residents from the neighborhoods downtown strip to Chicago.
Downtown Mount Prospect residents waiting for a Metra train to take them to Chicago downtown.
Downtown Mount Prospect residents waiting for a Metra train to take them to Chicago downtown.
1/2

College credit at a Blue-Ribbon high school

Downtown Mount Prospect parents can take their children to the Westbrook Early Learning Center for prekindergarten through first grade, which earned a B from Niche. For second grade through fifth, children can attend Lions Park Elementary School, which earned an A-minus, before moving on to Lincoln Middle School. Serving grades six through eight and receiving an A-minus as well, Lincoln Middle School offers a wide selection of extracurriculars and electives, including podcasting club, creative writing club, dance team and orchestra.

The local high school is a highlight of the neighborhood. “Prospect High School is one of the top-ranked schools in the state, and it has been for many years,” says Mika. With a selection of Advanced Placement and dual enrollment courses Downtown Mount Prospect students can take to earn early college credit, the school earned an A-plus, as well as the National Blue Ribbon School Award from the Department of Education in 2023.
Lincoln Middle School provides its students with a selection of extracurricular offerings.
Lincoln Middle School provides its students with a selection of extracurricular offerings.
Prospect High School serves Downtown Mount Prospect and is a very highly rated school.
Prospect High School serves Downtown Mount Prospect and is a very highly rated school.
1/2

Downtown development brought condos to Mount Prospect

Downtown Mount Prospect streets feature a diverse collection of homes, from ranches and split-levels to Cape Cods and Colonial Revivals. Mature trees shade regularly maintained sidewalks and front lawns, many that boast cheerful flower gardens during warmer months. Single-family homes range between $300,000 and $500,000, while condos usually range between $150,000 and $350,000, many the result of a new downtown development project along Northwest Highway.
Quiet residential streets and plenty of yard space are a common site in Downtown Mount Prospect.
Quiet residential streets and plenty of yard space are a common site in Downtown Mount Prospect.
Brick Cape Code style homes are popular in Downtown Mount Prospect.
Brick Cape Code style homes are popular in Downtown Mount Prospect.
Construction of new condos is booming in Downtown Mount Prospect.
Construction of new condos is booming in Downtown Mount Prospect.
1/3

Summer car shows and fireworks

The Mount Prospect Lions Club puts on annual Bluesmobile Cruise Nights on Saturday evenings in the Metra commuter lot every May through September, featuring different themes and cars weekly. The Lions Club has also been organizing a Fourth Of July festival for more than 85 years, with food, entertainment and, of course, fireworks.

Butterfly gardens and nationally recognized ice cream

Downtown Mount Prospect residents don’t have to travel far to enjoy some fresh air. Little league baseball teams play on the three diamonds of Meadows Park, adjacent to the park’s public pool, where residents can cool off on hot summer days. The Moehling Park butterfly garden adds an air of whimsy next to Capannari Ice Cream, named one of the best ice cream shops in the country by multiple national publications.
Moehling Park next to Capannari Ice Cream has paved paths, a gazebo and a butterfly fountain.
Moehling Park next to Capannari Ice Cream has paved paths, a gazebo and a butterfly fountain.
Meadow Park offers the residents with features such as outdoor pool and baseball diamonds.
Meadow Park offers the residents with features such as outdoor pool and baseball diamonds.
1/2
Julia Straka
Written By
Julia Straka
Justin Schmidt
Photography Contributed By
Justin Schmidt

Agents Specializing in this Area

  • Caroline Starr

    Caroline Starr

    @properties Christie's International Real Estate

    (224) 801-3051

    504 Total Sales

    6 in Downtown Mount Prospect

    $315K - $1.4M Price Range

    Caroline Starr
     Section Image
  • Daniel Drake

    Daniel Drake

    @properties Christie's International Real Estate

    (224) 970-3097

    170 Total Sales

    1 in Downtown Mount Prospect

    $555,000 Price

    Daniel Drake
     Section Image
  • Marla Schneider

    Marla Schneider

    Coldwell Banker Realty

    (224) 258-0591

    297 Total Sales

    1 in Downtown Mount Prospect

    $385,100 Price

    Marla Schneider
     Section Image
  • Mary Aloisio

    Mary Aloisio

    @properties Christie's International Real Estate

    (773) 365-9681

    156 Total Sales

    2 in Downtown Mount Prospect

    $390K - $474K Price Range

    Mary Aloisio
     Section Image
  • Tania Forte

    Tania Forte

    @properties Christie's International Real Estate

    (224) 205-3771

    115 Total Sales

    1 in Downtown Mount Prospect

    $365,000 Price

    Tania Forte
     Section Image
  • Anne Jacobs

    Anne Jacobs

    Baird & Warner

    (224) 419-6315

    113 Total Sales

    1 in Downtown Mount Prospect

    $436,855 Price

    Anne Jacobs
     Section Image
See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Explore All Schools

Interested in learning more about homes in this area? Reach out to Caroline Starr, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago O'Hare International

15 min drive

Train

Mount Prospect Station

Bus

Northwest Hwy. & George

Bus

Northwest Hwy. & School

Bus

Northwest Hwy. & Emerson & Mt. Prospect Metra

Bus

Main & Busse

Bus

Main & Isabella

Bus

Northwest Hwy. & Albert

Bus

Northwest Hwy. & Edward

Crime and Safety

1 - Low Crime, 10 - High Crime Downtown Mount Prospect US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 2 4
Burglary 2 4
Motor Vehicle Theft 2 4
Larceny 3 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Downtown Mount Prospect Demographics and Home Trends

On average, homes in Downtown Mount Prospect, Mount Prospect sell after 94 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Mount Prospect, Mount Prospect over the last 12 months is $409,000, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median List Price
$415,000
Median Sale Price
$409,000
Median Single Family Sale Price
$409,000
Median Townhouse Sale Price
$435,000
Median 2 Bedroom Sale Price
$319,900
Median Change From 1st List Price
6%
Last 12 months Home Sales
49
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$301

Neighborhood Facts

Number of Homes in Neighborhood
2,696
Number of Homes for Sale
9
Median Year Built
1955
Months of Supply
2.20
Average Single Family Home Size Sq Ft
2,914
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,463
Average 2 Bedroom Size Sq Ft
1,420
Average 1 Bedroom Size Sq Ft
816
Average Studio Size Sq Ft
500
Median Lot Size Sq Ft
8,276

Distribution of Home Values

Source: Public Records

Homes for Sale

See All Homes

Homes for Rent

See All Homes For Rent

Condo Buildings

See Condo Buildings

Interested in learning more about homes in this area? Reach out to Caroline Starr, an experienced agent in this neighborhood.

Average Home Value

Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
9,029
Median Age
45
Population Density
11 ppl/acre
Population under 18
24%
On par with the national average
23.8%
Population over 65
21.1%
On par with the national average
19.1%

Finances

Median Household Income
$116,879
Significantly above the national average
$71,702
Average Household Income
$133,923

Education and Workforce

High School Graduates
96.3%
College Graduates
59.2%
Significantly above the national average
34.1%
Advanced Degrees
24.1%
Above the national average
13.3%
% Population in Labor Force
74.4%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
17''

Area Factors

Bikeable

Bike Score®

62 / 100

Very Walkable

Walk Score®

85 / 100

Some Transit

Transit Score®

35 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Learn How Walk Score Works

Nearby Neighborhoods

Mount Prospect
Mount Prospect

Charming Chicago suburb, with quaint restaurants and golf opportunities

Birch Manor
Birch Manor

A mix of single-family, condos and townhouses close to O’Hare Airport

Colonial Heights
Colonial Heights

Top-notch schools are close in this northwest Chicago suburb with fierce loyalty

Mount Shire
Mount Shire

Quiet suburb 10 miles north of O'Hare Airport, buffered by Busse Woods

Search Nearby Neighborhoods

Reviews

Are you familiar with the Downtown Mount Prospect neighborhood? to let others know what life in this neighborhood is like.
Illinois Cook County Mount Prospect
Downtown Mount Prospect
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Downtown Mount Prospect
Caroline Starr
@properties Christie's International Real Estate Section Image
Caroline Starr
Caroline Starr
@properties Christie's International Real Estate
Agent experienced in this area
Section Image