NOT LISTED FOR SALE

112 N Lancaster St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $486,000 - $517,000

3 Beds
2 Baths
1,652 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 112 N Lancaster St, Mount Prospect, IL 60056 and is currently estimated at $501,308, approximately $303 per square foot. 112 N Lancaster St is a home located in Cook County with nearby schools including Fairview Elementary School, Lincoln Middle School, and Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Ritten James
Bought by
James Ritten Revocable Living Trust and Ritten
Current Estimated Value
$501,308

Purchase Details

Closed on
May 30, 2001
Sold by
Walton Christopher and Walton Debbie J
Bought by
Ritten James and Belford Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.18%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Awe Larry D and Awe Linda A
Bought by
Walton Christopher and Walton Debbie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
7.08%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
James Ritten Revocable Living Trust -- None Listed On Document
Ritten James $286,000 --
Walton Christopher $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritten James $206,000
Previous Owner Walton Christopher $189,600
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $9,088 $36,000 $7,750 $28,250
2023 $8,710 $36,000 $7,750 $28,250
2022 $8,710 $36,000 $7,750 $28,250
2021 $10,794 $38,039 $4,843 $33,196
2020 $10,639 $38,039 $4,843 $33,196
2019 $10,628 $42,266 $4,843 $37,423
2018 $11,483 $41,066 $4,262 $36,804
2017 $11,532 $41,066 $4,262 $36,804
2016 $10,212 $41,066 $4,262 $36,804
2015 $9,515 $35,445 $3,681 $31,764
2014 $9,367 $35,445 $3,681 $31,764
2013 $9,346 $35,445 $3,681 $31,764
Source: Public Records

Map

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

112 N Lancaster St, Mount Prospect, IL

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