500 N Fairview Ave Mount Prospect, IL 60056
North Mount Prospect NeighborhoodEstimated payment $5,186/month
Highlights
- Wood Flooring
- Corner Lot
- Lower Floor Utility Room
- Fairview Elementary School Rated 9+
- Mud Room
- Stainless Steel Appliances
About This Home
Completely reimagined with designer finishes and exceptional attention to detail in Mount Prospect! This stunning home offers 4 bedrooms, 3.5 bathrooms, and thoughtfully curated modern-organic finishes throughout, blending sophistication with everyday comfort. The sun-filled open-concept main level features brand-new hardwood flooring and a show-stopping custom kitchen designed to be the heart of the home. Highlights include a massive four-person island, quartz countertops with a full-height backsplash, sleek contemporary cabinetry, and elevated finishes that balance style and functionality. A main-level bedroom and full bath with a walk-in shower provide flexibility for guests, a home office, or multigenerational living. Upstairs, the luxurious primary suite offers a spa-inspired bathroom with double vanities, a walk-in shower, and both a spacious walk-in and additional reach-in closet. Two additional bedrooms share a beautifully designed Jack and Jill bathroom, with plush new carpeting throughout the second level. The finished basement expands your living space with a powder room, dedicated laundry area, storage/mechanical room, and a versatile flex space ideal for a home office, gym, or hobby area. Extensive updates include all-new plumbing, electrical, HVAC, a full second-floor addition, and a new roof providing true peace of mind. The completely rebuilt two-car garage features new framing and concrete and connects through a functional mudroom entry. Situated on a spacious corner lot, the outdoor space offers endless potential for entertaining, gardening, or relaxing. Located in highly desirable Mount Prospect with award-winning schools, parks, Randhurst Village shopping and dining, Metra access, and a vibrant community atmosphere. A standout opportunity to own a fully renovated, move-in ready home in one of the Northwest suburbs' most sought-after locations.
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 Attached Garage
- Parking Available
- Garage Door Opener
- 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
Finished 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 |
|---|---|---|---|---|
| 2025 | $7,141 | $33,000 | $7,788 | $25,212 |
| 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 |
|---|---|---|---|---|---|
| 04/27/2026 04/27/26 | Price Changed | $860,000 | -2.3% | $295 / Sq Ft | |
| 04/14/2026 04/14/26 | Price Changed | $880,000 | -1.0% | $302 / Sq Ft | |
| 03/13/2026 03/13/26 | Price Changed | $889,000 | -1.1% | $305 / Sq Ft | |
| 02/19/2026 02/19/26 | 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: 12571692
APN: 03-34-116-022-0000
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