NOT LISTED FOR SALE

16 S Mount Prospect Rd Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $558,282

4 Beds
2.5 Baths
2,500 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2022

Last sale price $390,000 $156 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,089 / mo

34 Days on Market

Highlights

  • Property is near park
  • Wood Flooring
  • Community Pool
  • Fairview Elementary School Rated 9+
  • Bonus Room
  • Tennis Courts

About This Home

As of October 2022

WOW! DON'T MISS THIS HUGE FAMILY ALL BRICK 4 BEDROOM WITH 2.5 BATHROOMS ATTACHED 2.5 CAR GARAGE, EAT IN KITCHEN, HUGE FAMILY ROOM AND DRY LARGE DRY BASEMENT FOR STORAGE. SUPER SOLID "GREAT BONES" HOME ON REALLY LARGE CORNER LOT IS LOOKING FOR IT'S NEXT FAMILY AFTER 60 YEARS. ALL WHITE KITCHEN, HARDWOOD FLOORS ON FIRST AND SECOND FLOORS, TONS OF STORAGE AND LARGE CLOSETS. THIS HOME WILL APPRECIATE YOUR DECORATING AND UPDATES BUT VERY LIVABLE NOW. THE PICTURES OF THE LIVING ROOM SHOW WHAT IT WILL LOOK LIKE WHEN THE CURRENT CARPET IS PULLED TO SEE THE HARDWOOD. NEW ROOF 2019, BOILER 2012, HOT WATER 2005, AC 2006. IT IS BEING SOLD AS-IS. NEWER ROOF. TRULY GREAT OPPORTUNITY.

Last Agent to Sell the Property

Mary Aloisio

@properties Christie's International Real Estate License #475168184 Listed on: 08/11/2022

@properties Christie's International Real Estate

Co-Listed By

Bob Aloisio

@properties Christie's International Real Estate License #475174036

Last Buyer's Agent

Ruby Park

Coldwell Banker Realty License #475172855

Coldwell Banker Realty
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,425

Year Built

  • Built in 1961

Lot Details

  • 0.26

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Bi-Level Home
  • Split Level with Sub
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,500 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Lot Dimensions are 74 x 143
  • Property is near park

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,425

Year Built

Built in 1961

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors
  • LivingArea: 2500
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 74 X 143
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9425
  • Tax Year: 2020
  • 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
Feb 5, 2026
Sold by
Bought by
Current Estimated Value
$558,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Outstanding Balance
$356,241
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$202,041

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 10, 2022
Sold by
Bought by
Seller's Agent
Mary Aloisio
@properties Christie's International Real Estate
Buyer's Agent
Ruby Park
Coldwell Banker Realty
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$351,000
Interest Rate
5.99%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Mount Prospect, IL

  • Egle Vasiliauskiene Real Estate Agent - Amber Realty Inc.

    Egle Vasiliauskiene

    Amber Realty Inc.

    (224) 479-1151

    41 Total Sales

    1 in Downtown Mount Prospect

    $165,500 Price

    Egle Vasiliauskiene
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  • Sue Hall Real Estate Agent - @properties Christie's International Real Estate

    Sue Hall

    @properties Christie's International Real Estate

    (630) 749-9031

    158 Total Sales

    1 in Downtown Mount Prospect

    $510,000 Price

    Sue Hall
     Section Image
  • Airel Hermosillo Real Estate Agent - Smart Home Realty

    Airel Hermosillo

    Smart Home Realty

    (630) 761-5132

    269 Total Sales

    1 in Downtown Mount Prospect

    $245,000 Price

    Airel Hermosillo
     Section Image
  • Jamie Hering Real Estate Agent - Coldwell Banker Realty

    Jamie Hering

    Coldwell Banker Realty

    (224) 427-6271

    735 Total Sales

    1 in Downtown Mount Prospect

    $405,000 Price

    Jamie Hering
     Section Image
  • Mark Miles Real Estate Agent - Spot Real Estate

    Mark Miles

    Spot Real Estate

    (224) 516-0983

    39 Total Sales

    1 in Downtown Mount Prospect

    $320,000 Price

    Mark Miles
     Section Image
  • Amy Diamond Real Estate Agent - @properties Christie's International Real Estate

    Amy Diamond

    @properties Christie's International Real Estate

    (224) 271-9757

    286 Total Sales

    2 in Downtown Mount Prospect

    $180K - $233K Price Range

    Amy Diamond
     Section Image
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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
-- Saturn 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 $358,000
Previous Owner $351,000
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
10/24/2022 10/24/22 Sold $390,000 -2.3% $156 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $399,000 -- $160 / 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 $12,254 $50,000 $12,809 $37,191
2024 $12,254 $43,990 $10,581 $33,409
2023 $6,184 $51,581 $10,581 $41,000
2022 $6,184 $51,581 $10,581 $41,000
2021 $7,005 $36,474 $6,682 $29,792
2020 $9,425 $36,474 $6,682 $29,792
2019 $9,546 $40,982 $6,682 $34,300
2018 $9,246 $36,406 $5,569 $30,837
2017 $9,304 $36,406 $5,569 $30,837
2016 $6,966 $36,406 $5,569 $30,837
2015 $8,006 $32,042 $5,012 $27,030
2014 $7,898 $32,042 $5,012 $27,030
2013 $8,929 $35,783 $5,012 $30,771
Source: Public Records

Agents Affiliated with this Home

  • Mary Aloisio Real Estate Agent - @ Properties

    Seller's Agent in 2022

    Mary Aloisio

    @ Properties

    (847) 692-5522

    2 in this area

    158 Total Sales

    Mary Aloisio
    Section Image
  • Bob Aloisio Real Estate Agent - @ Properties

    Seller Co-Listing Agent in 2022

    Bob Aloisio

    @ Properties

    (847) 727-9849

    1 in this area

    75 Total Sales

    Bob Aloisio
    Section Image
  • Ruby Park Real Estate Agent - Coldwell Banker Realty

    Buyer's Agent in 2022

    Ruby Park

    Coldwell Banker Realty

    (224) 628-1132

    2 in this area

    86 Total Sales

    Ruby Park
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11489285

Midwest Real Estate Data (MRED)

APN: 08-12-206-017-0000

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

16 S Mount Prospect Rd, Mount Prospect, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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