118 S William St Mount Prospect, IL 60056
Downtown Mount Prospect NeighborhoodEstimated payment $2,625/month
Highlights
- Recreation Room
- Wood Flooring
- Workshop
- Fairview Elementary School Rated 9+
- Main Floor Bedroom
- 3-minute walk to Owen Park
About This Home
Charming 1927 bungalow in the historic Triangle neighborhood needs updating but imagination and remodeling will put major dollars in your pocket. This home is on a wider lot (61X151) than almost of the other homes in the neighborhood which are typically 50 feet wide. The 2.5+ car garage was originally detached but then an extremely large, screened porch was added that incorporated access to the back door. ceilings. This home has classic Chicago bungalow architecture with a front porch and arched heavy solid wood door which opens to a formal foyer. The formality and follows thru with the separate living room highlighted with a woodburning fireplace, hardwood floors, a bank of 3 oversized windows and 9' ceilings. Off the living room there is a separate dining room big enough to hold a dinner table and 8-10 chairs which is a great holiday and celebration spot much like the whole aura that this house has. As in the quality construction of the time there are hardwood floors in the living room, dining room and the 2 first floor bedrooms and most 1st floor windows have been replaced. The kitchen is big enough for a kitchen set and eating area. The lower-level basement is finished and has excellent ceiling height and also has the laundry room, the half bath, the furnace/workroom with replaced boiler and hot water heater. Upstairs is where you will find another bedroom with parquet flooring which is in the front of the house. Then there are 3 multipurpose 10X10 rooms along the south side of the house. If you are looking for an historical house to put your own stamp on in a great area with an oversized lot, then this house is for you!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,734
Year Built
- Built in 1927
Lot Details
- Lot Dimensions are 61x151
- Additional Parcels
Parking
- 2.5 Car Garage
- Parking Included in Price
Home Design
- Bungalow
- Brick Exterior Construction
Interior Spaces
- 1,215 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Replacement Windows
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Bonus Room
- Workshop
- Storage Room
- Utility Room with Study Area
- Carbon Monoxide Detectors
Kitchen
- Range
- Freezer
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Fairview Elementary School
- Lincoln Junior High School
- Prospect High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,252 | $32,000 | $7,220 | $24,780 |
| 2023 | $6,922 | $32,000 | $7,220 | $24,780 |
| 2022 | $6,922 | $32,000 | $7,220 | $24,780 |
| 2021 | $4,293 | $24,981 | $4,560 | $20,421 |
| 2020 | $3,916 | $24,981 | $4,560 | $20,421 |
| 2019 | $3,891 | $28,069 | $4,560 | $23,509 |
| 2018 | $6,240 | $20,397 | $3,800 | $16,597 |
| 2017 | $4,393 | $20,397 | $3,800 | $16,597 |
| 2016 | $5,419 | $20,397 | $3,800 | $16,597 |
| 2015 | $6,036 | $20,766 | $3,420 | $17,346 |
| 2014 | $4,676 | $20,766 | $3,420 | $17,346 |
| 2013 | $5,178 | $20,766 | $3,420 | $17,346 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | For Sale | $374,900 | -- | $309 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12514379
APN: 08-12-208-021-0000
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