
1 E Milburn Ave Mount Prospect, IL 60056
Downtown Mount Prospect NeighborhoodHighlights
- Property is near a park
- 4-minute walk to Mount Prospect Station
- Ranch Style House
- Lions Park Elementary School Rated 10
- Recreation Room
- Wood Flooring
About This Home
As of August 2025Magnificent opportunity to own a spacious mid century ranch loaded with charming vintage features-or convert the abundant living space into your own modern masterpiece. Either way, you'll enjoy the sunny eat in kitchen with its large windows overlooking the back porch, the huge living room, family room with a two-sided fireplace and basement in addition to the large covered front and rear porches. This well-maintained home has the original hardwood floors in excellent condition throughout the first floor. The full dry basement is ready for your ideas with space divided into a family room/play area, work/laundry area, and office space, or design your own. The basement also features the makings of a luxury spa bathroom, just waiting for your custom finishes. There's also two sump pumps, one with a battery backup for your peace of mind. You'll also love the convenience this home offers . . . Metra, numerous bars and restaurants, the library, a brand new grocery store, the farmers market, multiple local festivals and Saturday night car shows are all within just blocks . . . as are parks, the bandshell, pool, golf course and award winning District 57 schools. This is a great price to get into a ranch of this size within the Prospect HS and District 57 boundaries and the convenience is just an added bonus!!
Last Agent to Sell the Property
Keller Williams Success Realty License #471004704 Listed on: 05/27/2022

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,470
Year Built
- Built in 1958
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 149x73x149x71
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,604 Sq Ft Home
- Ceiling Fan
- Double Sided Fireplace
- Wood Burning Fireplace
- Attached Fireplace Door
- Family Room with Fireplace
- Combination Dining and Living Room
- Recreation Room
- Workshop
- Utility Room with Study Area
- Wood Flooring
Kitchen
- Built-In Oven
- Cooktop with Range Hood
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Patio
- Porch
Location
- Property is near a park
Schools
- Lions Park Elementary School
- Lincoln Junior High School
- Prospect High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Ranch
Recreation
- Tennis Courts
- Community Pool
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Mount Prospect, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $567,500 | Chicago Title Insurance Compan | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $454,000 | New Conventional | |
Previous Owner | $250,000 | Credit Line Revolving |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/13/2025 08/13/25 | Sold | $567,500 | +8.1% | $354 / Sq Ft |
07/13/2025 07/13/25 | Pending | -- | -- | -- |
07/11/2025 07/11/25 | For Sale | $525,000 | +64.1% | $327 / Sq Ft |
07/21/2022 07/21/22 | Sold | $320,000 | -3.0% | $200 / Sq Ft |
05/31/2022 05/31/22 | Pending | -- | -- | -- |
05/27/2022 05/27/22 | For Sale | $330,000 | -- | $206 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $9,105 | $36,000 | $11,172 | $24,828 |
2023 | $9,642 | $36,000 | $11,172 | $24,828 |
2022 | $9,642 | $36,000 | $11,172 | $24,828 |
2021 | $9,671 | $31,037 | $7,261 | $23,776 |
2020 | $9,470 | $31,037 | $7,261 | $23,776 |
2019 | $7,765 | $34,486 | $7,261 | $27,225 |
2018 | $7,439 | $31,185 | $6,144 | $25,041 |
2017 | $7,703 | $31,185 | $6,144 | $25,041 |
2016 | $8,285 | $31,185 | $6,144 | $25,041 |
2015 | $7,870 | $27,077 | $5,027 | $22,050 |
2014 | $7,737 | $27,077 | $5,027 | $22,050 |
2013 | $7,730 | $27,077 | $5,027 | $22,050 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Janet Borden
Compass
(847) 833-3171
1 in this area
322 Total Sales
-
Seller Co-Listing Agent in 2025
Stephanie Weisman
Compass
(847) 508-1883
1 in this area
55 Total Sales
-
Buyer's Agent in 2025
Dympna Fay-Hart
Baird & Warner
(773) 230-3800
1 in this area
113 Total Sales
-
Seller's Agent in 2022
Frank Pantell
Keller Williams Success Realty
(708) 987-4447
13 in this area
162 Total Sales
-
Seller Co-Listing Agent in 2022
Chris Worden
Keller Williams Success Realty
(847) 528-9215
1 in this area
4 Total Sales
-
Buyer's Agent in 2022
Jaclyn John
Keller Williams Inspire
(847) 361-4572
1 in this area
158 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11417403

APN: 08-12-126-022-0000
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