500 N Fairview Ave Mount Prospect, IL 60056
North Mount Prospect NeighborhoodEstimated payment $5,310/month
Highlights
- Wood Flooring
- Corner Lot
- Lower Floor Utility Room
- Fairview Elementary School Rated 9+
- Mud Room
- Stainless Steel Appliances
About This Home
Fully Remodeled From Top to Bottom! This stunning Mount Prospect home has been rebuilt with only the original brick remaining and now features four bedrooms, three and a half bathrooms, and beautifully designed modern-organic interiors. Every detail has been thoughtfully crafted to blend luxury, comfort, and functionality. The open-concept main level showcases brand-new hardwood flooring and a custom kitchen that truly stands out, complete with a large four-person island, quartz countertops, full-height quartz backsplash, and contemporary cabinetry. Also on the main level is a bedroom, a full bathroom featuring a walk-in shower - ideal for guests, a home office, playroom or multigenerational living. Upstairs, the primary suite offers a spa-like retreat with a walk-in shower, double sinks, a spacious walk-in closet, and an additional reach-in closet. A generous linen closet is conveniently located in the hallway. Two additional bedrooms on this level include finished closets and share a Jack and Jill bathroom with a tub. All upstairs bedrooms feature brand-new carpeting for added comfort. The fully finished basement expands the living space with a powder room, laundry area, mechanical room with storage, and an additional room that can serve as a storage space, hobby room, or small office. Major improvements throughout the home include all-new plumbing, electrical, and HVAC systems. The two-car garage is completely new, rebuilt from the framing to the concrete, and includes a practical mudroom area as you enter the home. The entire second floor and roof are brand new, providing peace of mind and long-term durability. Situated on a spacious corner lot, the property offers plenty of room for outdoor enjoyment - ideal for a gazebo, playground, garden, or future entertaining area. Property taxes are based on the addition rather than new construction, which is an added benefit. Located in desirable Mount Prospect, this home offers the best of suburban living with a vibrant community feel. Residents enjoy award-winning schools, tree-lined streets, and easy access to incredible amenities. You're just minutes from parks, playgrounds, Randhurst Village shopping, dining, and entertainment, as well as Metra stations for a smooth commute to Chicago. Mount Prospect is known for its beautifully maintained neighborhoods, strong sense of community, seasonal festivals, and family-friendly atmosphere, making it one of the most sought-after suburbs in the northwest area. This turnkey, fully updated home offers modern design, exceptional craftsmanship, and an unbeatable Mount Prospect location. All that's left to do is move in and enjoy!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,141
Year Built
- Built in 1949 | Remodeled in 2025
Lot Details
- 6,490 Sq Ft Lot
- Lot Dimensions are 132 x 50
- Corner Lot
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,916 Sq Ft Home
- 2-Story Property
- Mud Room
- Family Room
- Combination Dining and Living Room
- Lower Floor Utility Room
- Storage Room
- Wood Flooring
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
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
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
- Prospect Manor Subdivision
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 | $7,141 | $29,000 | $6,490 | $22,510 |
| 2023 | $6,839 | $29,000 | $6,490 | $22,510 |
| 2022 | $6,839 | $29,000 | $6,490 | $22,510 |
| 2021 | $6,716 | $24,925 | $4,056 | $20,869 |
| 2020 | $6,645 | $24,925 | $4,056 | $20,869 |
| 2019 | $6,692 | $27,881 | $4,056 | $23,825 |
| 2018 | $6,727 | $25,481 | $3,569 | $21,912 |
| 2017 | $6,763 | $25,481 | $3,569 | $21,912 |
| 2016 | $6,085 | $25,481 | $3,569 | $21,912 |
| 2015 | $5,786 | $22,580 | $3,082 | $19,498 |
| 2014 | $5,702 | $22,580 | $3,082 | $19,498 |
| 2013 | $5,682 | $22,580 | $3,082 | $19,498 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $899,000 | +175.8% | $308 / Sq Ft | |
| 01/17/2025 01/17/25 | Sold | $326,001 | +8.7% | $248 / Sq Ft | View Prior Sale |
| 12/30/2024 12/30/24 | Pending | -- | -- | -- | |
| 12/17/2024 12/17/24 | For Sale | $299,900 | 0.0% | $229 / Sq Ft | |
| 12/16/2024 12/16/24 | Pending | -- | -- | -- | |
| 12/11/2024 12/11/24 | Price Changed | $299,900 | -6.3% | $229 / Sq Ft | |
| 11/14/2024 11/14/24 | Price Changed | $319,900 | -9.5% | $244 / Sq Ft | |
| 10/16/2024 10/16/24 | For Sale | $353,600 | -- | $270 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $326,500 | Fidelity National Title | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $320,000 | Atgf Inc | |
| Warranty Deed | $260,000 | Ticor | |
| Warranty Deed | $226,000 | -- | |
| Warranty Deed | $212,500 | -- | |
| Warranty Deed | $160,000 | Attorneys Natl Title Network |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $256,000 | Unknown | |
| Previous Owner | $208,000 | No Value Available | |
| Previous Owner | $192,100 | No Value Available | |
| Previous Owner | $170,000 | No Value Available | |
| Previous Owner | $152,000 | No Value Available | |
| Closed | $31,875 | No Value Available | |
| Closed | $26,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12515809
APN: 03-34-116-022-0000
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.
- 519 N Forest Ave
- 416 N Eastwood Ave
- 410 N Russel St
- 719 N Elmhurst Ave
- 2700 E Bel Aire Dr Unit 104
- 706 N Main St
- 1255 W Prospect Ave Unit 208
- 120 N Cathy Ln Unit 71
- 101 N Pine St
- 204 N Emerson St
- 428 S Phelps Ave
- 406 N Elm St
- 707 W Central Rd Unit A6
- 1400-1500 E Kensington Rd
- 2405 E Miner St
- 709 W Central Rd Unit C5
- 108 N Meadow Ln
- 200 N School St
- 1326 W Central Rd
- 25 N Prindle Ave
- 33 N Rammer Ave
- 1042 W Central Rd
- 6 S Waterman Ave
- 10 N Main St
- 11 S Wille St Unit 1401
- 20 S Main St Unit 612
- 20 W Northwest Hwy
- 11 W Prospect Ave
- 11 W Prospect Ave Unit 512
- 11 W Prospect Ave Unit 503
- 11 W Prospect Ave Unit 415
- 11 W Prospect Ave Unit 417
- 11 W Prospect Ave Unit 515
- 300 S We go Trail
- 122 E Northwest Hwy
- 603 S Mckinley Ave Unit 1n
- 535 S Cleveland Ave Unit 101
- 1195 N Boxwood Dr Unit 103
- 1615 E Central Rd Unit 218C
- 207 S Maple St