NOT LISTED FOR SALE

114 S Lancaster St Mount Prospect, IL 60056

Estimated Value: $428,000 - $517,000

3 Beds
2 Baths
1,426 Sq Ft
$329/Sq Ft Est. Value

Sale Details

Date Sold: February 21, 2023

Last sale price $345,000 $242 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,167 / mo

8 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Ranch Style House
  • Lions Park Elementary School Rated 9+
  • Property is near park
  • Wood Flooring

About This Home

As of February 2023

Reversed floor-plan ranch in the heart of We Go Park Subdivision of Mt Prospect. Main living areas also (including glass florida room & deck) overlook beautiful deep well landscaped lot. This 3 bedroom 2 bathroom (primary bath), is built on a crawl space along with concrete driveway that leads to 1.5 car attached garage. Perfect setting - easy home to downsize or start in. Big lot (over 1/4 acre) would allow sizeable expansion to existing home if desired. Lions Park Grade, Lincoln Middle, Prospect HS and close enough to stroll downtown Mt Prospect. Enjoy 1 block to hidden We Go Park playground and walkway to Westbrook Early Learning School too.

Last Agent to Sell the Property

Mark Kloss

@properties Christie's International Real Estate License #475078915 Listed on: 01/09/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Matthew Messel

Compass License #475173623

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 1956

Lot Details

  • 12,815 Sq Ft Lot
  • Lot Dimensions are 58x185x25x103x130
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Irregular Lot

Parking

  • 1.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,426 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Full Attic
  • Storm Screens

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Schools

  • Lions Park Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Deck
  • Property is near park

Community Details

  • We Go Park Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,894

Year Built

Built in 1956

Lot Details

0.29 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: We Go Park
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Some Carpeting
  • LivingArea: 1426
  • Other Equipment: TV-Cable
  • Room Type: Foyer, Sun Room
  • Estimated Total Finished Sq Ft: 1426
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped,Kitchen/Dining Combo
  • Total Sq Ft: 1426
  • Attic: Full
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Irregular Lot, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Concrete,Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lions Park Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Elementary School #2: Westbrook School for Young Learners

Lot Info

  • Lot Size Acres: 0.2942
  • Lot Dimensions: 58X185X25X103X130
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6894.06
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Bought by
Current Estimated Value
$469,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$226,281
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$242,803

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 17, 2023
Sold by
Bought by
Seller's Agent
Mark Kloss
@properties Christie's International Real Estate
Buyer's Agent
Matthew Messel
Compass
List Price
$359,500
Sold Price
$345,000
Premium/Discount to List
-$14,500
-4.03%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$327,750
Interest Rate
6.38%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$345,000 Proper Title
$345,000 Proper Title
$345,000 Proper Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $228,000
Previous Owner $327,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/21/2023 02/21/23 Sold $345,000 -4.0% $242 / Sq Ft
01/19/2023 01/19/23 For Sale $359,500 0.0% $252 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $359,500 -- $252 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,607 $40,000 $15,379 $24,621
2024 $7,607 $33,278 $12,816 $20,462
2023 $7,725 $35,000 $12,816 $22,184
2022 $7,725 $35,000 $12,816 $22,184
2021 $6,894 $28,120 $8,330 $19,790
2020 $4,885 $28,120 $8,330 $19,790
2019 $6,876 $31,245 $8,330 $22,915
2018 $4,885 $22,150 $7,048 $15,102
2017 $4,931 $22,150 $7,048 $15,102
2016 $4,747 $22,150 $7,048 $15,102
2015 $5,421 $23,148 $5,767 $17,381
2014 $5,356 $23,148 $5,767 $17,381
2013 $5,321 $23,148 $5,767 $17,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11697434

Midwest Real Estate Data (MRED)

APN: 08-11-116-025-0000

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