502 S William St Mount Prospect, IL 60056
Downtown Mount Prospect Neighborhood
3
Beds
1.5
Baths
2,800
Sq Ft
--
Built
Highlights
- Open Floorplan
- Landscaped Professionally
- Recreation Room
- Lions Park Elementary School Rated 9+
- Property is near a park
- 4-minute walk to Lions Park
About This Home
As of June 2025Welcome to this fully renovated and stylish 4-bedroom, 1.1-bathroom brick ranch, ideally located in one of Mount Prospect's most desirable neighborhoods. Situated within the top-rated District 57 school system and just steps from the soon-to-be revitalized Lions Park (2025-2027), this home offers both modern elegance and unbeatable convenience. Step inside to discover a bright and spacious open-concept living and dining area-perfect for entertaining. Rich walnut-stained hardwood floors span the main level and stairway to the lower level, complemented by fresh custom paint by Benjamin Moore throughout. The stunning kitchen features 42" shaker-style cabinets with abundant storage, a pantry, honed soapstone countertops, and premium KitchenAid Professional Series stainless steel appliances. A 3-person counter sits beside expansive west-facing windows that flood the space with natural light and overlook the new concrete patio and large, landscaped backyard. A versatile family room or home office, located on the main floor, adjacent to the kitchen, opens directly to the patio through sliding glass doors-ideal for indoor/outdoor living. Three generous main-floor bedrooms offer ample closet space. The beautifully remodeled full bathroom showcases oversized green ceramic tiled shower walls, marble hexagon flooring, a stylish walnut double vanity with quartz countertops, and matte black lighting/mirror and plumbing fixtures. The powder room, adjacent to the kitchen, is equally refined with black marble hexagon tile flooring, a chic vanity with honed soapstone countertop, and bold, color-saturated walls, ceiling, and trim. A newly added mudroom includes a built-in bench with cubbies above and below, a large coat closet, and direct access to the attached one-car garage with excellent storage options. Downstairs, you'll find an expansive finished basement that includes oversized marble-look tiled laundry room with high-efficiency side-by-side washer/dryer, quartz folding counter, stainless steel utility sink, and ample cabinetry; a massive recreation room, ideal for media, games, or a home gym; a spacious fourth bedroom; a large storage area and separate utility/HVAC room with potential to add a second full bathroom (then would be two full bath, one 1/2 bath). Step outside through the rear sliding doors to enjoy the newly poured concrete patio, mature trees, and perennial plantings that enhance the private backyard retreat. Gorgeous matte black lighting fixtures throughout. Additional updates include: all-new electrical wiring, new water supply and drain lines, new PVC sewer line from the house to the city main, newer roof, newer windows, and gutter guards, new furnace, new a/c and new water heater. Newly Landscaped front beds with boxwoods and black mulch. Located in a quiet neighborhood close to schools, parks, public pools, shopping centers, and dining options, this home combines modern upgrades with timeless comfort. Don't miss the opportunity to make this beautifully upgraded home your own-schedule your private showing today!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475125213 Listed on: 05/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,033
Year Renovated
- 2025
Lot Details
- Lot Dimensions are 130x62
- Landscaped Professionally
- Paved or Partially Paved Lot
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,800 Sq Ft Home
- Open Floorplan
- Built-In Features
- Mud Room
- Family Room
- Combination Dining and Living Room
- Recreation Room
- Lower Floor Utility Room
- Storage Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Unfinished Attic
Kitchen
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Patio
- Property is near a park
Community Details
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
Jun 26, 2025
Sold by
Lrs Design Build Llc
Bought by
Kappmeyer Ashley J and Koffler Patrick S
Seller's Agent
Rusty Schluchter
@properties Christie's International Real Estate
Buyer's Agent
Violet Ostrowski
Keller Williams Thrive
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Views
78
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-75.78%
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$8,879
Purchase Details
Listed on
Dec 4, 2024
Closed on
Jan 6, 2025
Sold by
Hirka Gerald M
Bought by
Lrs Design Build Llc
Seller's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Rusty Schluchter
@properties Christie's International Real Estate
List Price
$365,000
Sold Price
$395,000
Premium/Discount to List
$30,000
8.22%
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.70%
Purchase Details
Closed on
Apr 30, 1999
Sold by
Webster John and Webster Patricia L
Bought by
Hirka Gerald M
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 |
|---|---|---|---|
| Warranty Deed | $570,000 | Chicago Title Company | |
| Administrators Deed | $395,000 | None Listed On Document | |
| Administrators Deed | $395,000 | None Listed On Document | |
| Warranty Deed | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $570,000 | -1.7% | $204 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | Price Changed | $579,900 | -3.3% | $207 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $599,900 | +51.9% | $214 / Sq Ft |
| 01/07/2025 01/07/25 | Sold | $395,000 | +8.2% | $329 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 12/04/2024 12/04/24 | For Sale | $365,000 | -- | $304 / 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 | $8,033 | $34,807 | $8,448 | $26,359 |
| 2023 | $7,674 | $34,807 | $8,448 | $26,359 |
| 2022 | $7,674 | $34,807 | $8,448 | $26,359 |
| 2021 | $6,099 | $25,568 | $5,491 | $20,077 |
| 2020 | $6,098 | $25,568 | $5,491 | $20,077 |
| 2019 | $6,704 | $30,617 | $5,491 | $25,126 |
| 2018 | $5,468 | $24,056 | $4,646 | $19,410 |
| 2017 | $5,516 | $24,056 | $4,646 | $19,410 |
| 2016 | $6,260 | $27,844 | $4,646 | $23,198 |
| 2015 | $4,874 | $21,265 | $3,801 | $17,464 |
| 2014 | $4,818 | $21,265 | $3,801 | $17,464 |
| 2013 | $6,434 | $25,167 | $3,801 | $21,366 |
Source: Public Records
Agents Affiliated with this Home
-
Rusty Schluchter
Seller's Agent in 2025
Rusty Schluchter
@ Properties
(773) 220-4337
3 in this area
60 Total Sales
-
Danielle Dowell
Seller's Agent in 2025
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
(312) 391-5655
1 in this area
588 Total Sales
-
Tanner Peterson
T
Seller Co-Listing Agent in 2025
Tanner Peterson
Berkshire Hathaway HomeServices Chicago
(402) 216-8310
1 in this area
42 Total Sales
-
Violet Ostrowski
Buyer's Agent in 2025
Violet Ostrowski
Keller Williams Thrive
(847) 722-2302
2 in this area
136 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12372925
APN: 08-12-421-011-0000
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
- 549 E Lincoln St Unit 549
- 317 S Louis St
- 505 S George St
- 704 S Owen St
- 315 Elm Ct
- 218 S Owen St
- 207 E Berkshire Ln
- 205 Dawson Dr
- 213 S Owen St
- 504 E Berkshire Ln
- 408 S Emerson St
- 316 S Mount Prospect Rd
- 1100 N Boxwood Dr Unit P4P5P6
- 44 Cranbrook Dr
- 1 E Milburn Ave
- 43 N Mount Prospect Rd
- 159 Village Ct
- 14 S Owen St
- 437 S Elmhurst Rd
- 201 W Council Trail