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New Construction Homes in Mount Prospect, IL

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  • 221 N Graylynn Dr, Mount Prospect, IL 60056
    221 N Graylynn Dr, Mount Prospect, IL 60056
    221 N Graylynn Dr, Mount Prospect, IL 60056
    /9

    $165,000 Lot/Land

    221 N Graylynn Dr, Mount Prospect, IL 60056

    • 0.24 Acre
    • $687,500 per Acre

    Opportunity awaits in the heart of Mount Prospect! This desirable vacant lot presents a fantastic chance to build your dream home in a sought-after community. Located in a tranquil, established neighborhood, this parcel offers a blank canvas for your vision. Enjoy the convenience of nearby schools, forest preserve, parks, Downtown Mt. Prospect boutiques, restaurants, and Metra access. Short drive

    David Wisneski @properties Christie's International Real Estate

    221 N Graylynn Dr, Mount Prospect, IL 60056
  • 1400-1500 E Kensington Rd, Mount Prospect, IL 60056
    1400-1500 E Kensington Rd, Mount Prospect, IL 60056
    /2

    $2,240,000 Lot/Land

    1400-1500 E Kensington Rd, Mount Prospect, IL 60056

    • 4.48 Acres
    • $500,000 per Acre

    Prime development opportunity zoned RX, Single Family Residential. There is approximately 400 feet of frontage on Kensington Rd. In addition to the 2 parcels (see P.I.N. #'s) there will be additional land added to create a total available parcel of almost 4.5 acres. This land is adjacent to a park, single family homes and a Religious Institution. NOTE: Under additional information the is a

    Chris Demos @properties Christie?s International Real Estate

    1400-1500 E Kensington Rd, Mount Prospect, IL 60056
  • 1100 N Boxwood Dr Unit P4P5P6, Mount Prospect, IL 60056
    1100 N Boxwood Dr Unit P4P5P6, Mount Prospect, IL 60056
    /2

    $15,000 Lot/Land

    1100 N Boxwood Dr Unit P4P5P6, Mount Prospect, IL 60056

    • 0 Acre

    Steve Cotsirilos Lifestyle Properties

    1100 N Boxwood Dr Unit P4P5P6, Mount Prospect, IL 60056
  • 1326 W Central Rd, Mount Prospect, IL 60056
    1326 W Central Rd, Mount Prospect, IL 60056
    1326 W Central Rd, Mount Prospect, IL 60056
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    $185,000 Lot/Land

    1326 W Central Rd, Mount Prospect, IL 60056

    • 0.29 Acre
    • $637,931 per Acre

    Last LOT 50x200 that backs to SERENE MELAS Park--only 26 exist incl this one!! Awesome Schools-Fairview-Lincoln-Prospect-Westbrook for early learners across the street--LOWEST PTRICED Avail lot on the market w/THESE sought after schools!! Water/Gas/Electric/Sewer Close at street and avail-- Village setback from street 30ft, side setbacks 5ft. neighbors home to the East grandfathered-he is 2' off

    Heidi Engel RE/MAX Suburban

    1326 W Central Rd, Mount Prospect, IL 60056
  • 108 N Meadow Ln, Mount Prospect, IL 60056
    108 N Meadow Ln, Mount Prospect, IL 60056
    108 N Meadow Ln, Mount Prospect, IL 60056
    /10

    $179,900 Lot/Land

    108 N Meadow Ln, Mount Prospect, IL 60056

    • 0.65 Acre
    • $276,769 per Acre

    Generous lot among beautiful homes in this prime location. Great opportunity to build that custom home. Mount Prospect once named America's Best Place to Raise Kids. Close to public transportation, restaurants, shopping, and more!

    Jane Lee RE/MAX Top Performers

    108 N Meadow Ln, Mount Prospect, IL 60056
New Homes Illinois Mount Prospect

New Homes & Communities in Mount Prospect

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Mount Prospect, IL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Mount Prospect, IL hold their value?
Yes, especially in fast-growing areas of Mount Prospect, IL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Mount Prospect, IL

On average, homes in Mount Prospect, IL sell after 17 days on the market compared to the national average of 53 days. The median sale price for homes in Mount Prospect, IL over the last 12 months is $422,500, up 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$422,500
Median Single Family Sale Price
$490,500
Median Townhouse Sale Price
$330,500
Median 2 Bedroom Sale Price
$252,000
Median 1 Bedroom Sale Price
$164,500
Average Price Per Sq Ft
$262
Number of Homes for Sale
26
Last 12 months Home Sales
551
Months of Supply
0.60
Median List Price
$419,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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