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Explore Similar Apartments Within 2 Miles of Mount Prospect, IL

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    $160,000

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft

    2508 Algonquin Rd Unit 3, Rolling Meadows, IL 60008

    Back on the Market-Don't Miss Out Again! Fully rehabbed end-unit duplex condo, updated in 2021 and perfect for first-time buyers. Main level features modern vinyl flooring, open living space, European-style kitchen with quartz counters, Samsung appliances, and access to a large balcony. Upstairs offers two spacious bedrooms and a sleek bath with glass shower. Includes 2 new A/C units, water

    Bebe Alammar Baird & Warner

    2508 Algonquin Rd Unit 3, Rolling Meadows, IL 60008

Why Live in Mount Prospect

Mount Prospect sprawls about 24 miles northwest of Chicago and close enough to Chicago O’Hare International Airport to hear engines close overhead. “When Mount Prospect started in the late 1800s, it was a flag stop,” says Tom Zander, a longtime resident and Realtor partner with his wife Mary Zander at Berkshire Hathaway Starck Real Estate. “The train didn’t regularly stop here unless the town put a flag out on a pole and indicated someone needed to stop. There were a lot of farms out here, dairy farms for miles.” Later developments occurred right around the station, and neat blocks of midcentury homes still extend outward to this day as modern Metra connections head down the tracks. Mount Prospect’s transition from a sleepy bedroom community to its current state was strengthened by an extensive downtown redevelopment in the 1990s and 2000s, which brought wrought iron lampposts, brick crosswalks and mixed-use properties around the Village Hall and Centennial Green park downtown. Other walkable commercial developments, several highly-rated school districts and highly involved community organizations attract newcomers as the current population just passes the 54,000 mark. “It’s

Home Trends in Mount Prospect, IL

Housing Trends

Median Sale Price
$418,000
Median Single Family Sale Price
$484,900
Median Townhouse Sale Price
$385,000
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$164,000
Average Price Per Sq Ft
$260
Number of Homes for Sale
80
Last 12 months Home Sales
544
Months of Supply
1.80
Median List Price
$419,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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