NOT LISTED FOR SALE

501 S Albert St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $489,000 - $538,000

3 Beds
2 Baths
1,731 Sq Ft
$294/Sq Ft Est. Value

About This Home

This home is located at 501 S Albert St, Mount Prospect, IL 60056 and is currently estimated at $508,667, approximately $293 per square foot. 501 S Albert St is a home located in Cook County with nearby schools including Lions Park Elementary School, Lincoln Middle School, and Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Gehrke Kenneth and Gehrke Theresa
Bought by
Gehrke Kenneth W and Gehrke Theresa A
Current Estimated Value
$508,667

Purchase Details

Closed on
Oct 5, 2000
Sold by
Bishop Charles
Bought by
Gehrke Kenneth and Gehrke Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gehrke Kenneth W -- Accommodation
Gehrke Kenneth $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gehrke Kenneth $155,000
Source: Public Records

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 $8,365 $45,000 $13,101 $31,899
2024 $8,365 $36,001 $10,918 $25,083
2023 $7,993 $36,001 $10,918 $25,083
2022 $7,993 $36,001 $10,918 $25,083
2021 $8,452 $33,121 $7,205 $25,916
2020 $8,402 $33,121 $7,205 $25,916
2019 $9,152 $36,802 $7,205 $29,597
2018 $8,352 $30,736 $6,332 $24,404
2017 $8,393 $30,736 $6,332 $24,404
2016 $7,502 $30,736 $6,332 $24,404
2015 $7,607 $28,795 $5,677 $23,118
2014 $7,494 $28,795 $5,677 $23,118
2013 $7,470 $28,795 $5,677 $23,118
Source: Public Records

Map

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

501 S Albert St, Mount Prospect, IL

Not Listed for Sale

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