221 N Dale Ave Mount Prospect, IL 60056
Downtown Mount Prospect Neighborhood
4
Beds
5
Baths
4,600
Sq Ft
1955
Built
Highlights
- Family Room with Fireplace
- Ranch Style House
- <<bathWithWhirlpoolToken>>
- Prospect High School Rated A+
- Wood Flooring
- Home Office
About This Home
As of June 2025Truly a once in a lifetime opportunity! Enjoy luxury living at this custom Mid-Century ranch. Featuring 4 generously sized bedrooms + office, and 5 bathrooms (3 full, 2 half). Located on a large corner lot, this quality-built, custom designed home has the architectural features you will fall in love with. Stunning living room fireplace and a second fireplace in the family room. The large kitchen opens up to the living room, which also features access to the back patio. Step downstairs to the Large finished basement with high ceilings for extra entertainment space. Home has 2 master bedrooms with en suite bathrooms. This home is even more stunning in person, so don't wait to see it.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,355
Year Built
- Built in 1955 | Remodeled in 2025
Parking
- 3 Car Garage
Home Design
- Ranch Style House
Interior Spaces
- 4,600 Sq Ft Home
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Home Office
- Wood Flooring
- Unfinished Attic
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- <<bathWithWhirlpoolToken>>
Basement
- Partial Basement
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
Jun 27, 2025
Sold by
Ilori Investments Inc Llc
Bought by
Lakis Mark and Blan Abeer
Seller's Agent
Peter Ilori
Kale Realty
Buyer's Agent
Naseem El-Barbarawi
Jameson Sotheby's Intl Realty
List Price
$995,000
Sold Price
$1,111,376
Premium/Discount to List
$116,376
11.7%
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.99%
Original Mortgage
$806,000
Outstanding Balance
$806,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$116,700
Purchase Details
Closed on
May 3, 2024
Sold by
Second City Renewal Llc
Bought by
Ilori Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,500
Interest Rate
7.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2024
Sold by
Robert L Schmaus Revocable Trust and Katholive T Schmaus Revocable Trust
Bought by
Second City Renewal Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,500
Interest Rate
7.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2009
Sold by
Schmaus Robert L and Schmaus Katholive T
Bought by
Schmaus Robert L and Robert L Schmaus Revocable Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $370,000 | Chicago Title | |
| Warranty Deed | $340,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $494,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $1,111,376 | +11.7% | $242 / Sq Ft |
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $995,000 | -- | $216 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $13,355 | $54,000 | $26,228 | $27,772 |
| 2023 | $12,791 | $54,000 | $26,228 | $27,772 |
| 2022 | $12,791 | $54,000 | $26,228 | $27,772 |
| 2021 | $12,213 | $45,267 | $15,081 | $30,186 |
| 2020 | $12,084 | $45,267 | $15,081 | $30,186 |
| 2019 | $12,121 | $50,465 | $15,081 | $35,384 |
| 2018 | $12,097 | $45,827 | $13,114 | $32,713 |
| 2017 | $12,162 | $45,827 | $13,114 | $32,713 |
| 2016 | $11,000 | $45,827 | $13,114 | $32,713 |
| 2015 | $11,038 | $42,570 | $11,146 | $31,424 |
| 2014 | $10,875 | $42,570 | $11,146 | $31,424 |
| 2013 | $10,840 | $42,570 | $11,146 | $31,424 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Ilori
P
Seller's Agent in 2025
Peter Ilori
Kale Realty
(312) 939-5253
1 in this area
67 Total Sales
-
Naseem El-Barbarawi
N
Buyer's Agent in 2025
Naseem El-Barbarawi
Jameson Sotheby's Intl Realty
(773) 859-8686
1 in this area
54 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12379882
APN: 03-33-407-004-0000
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 706 French Way Unit 2
- 117 N Kenilworth Ave
- 1042 W Central Rd
- 707 W Central Rd Unit 2C6
- 106 N Eastwood Ave
- 1207 W Busse Ave
- 404 N Elmhurst Ave
- 212 N Russel St
- 210 N Russel St
- 114 S Waverly Place
- 117 S Waverly Place
- 408 S Prindle Ave
- 7 N Elmhurst Ave
- 323 S Prindle Ave
- 606 N Elmhurst Ave
- 1106 W Milburn Ave
- 26 S Donald Ave
- 2700 E Bel Aire Dr Unit 202
- 2700 E Bel Aire Dr Unit 104
- 212 S Wa Pella Ave