502 S William St Mount Prospect, IL 60056
Downtown Mount Prospect Neighborhood
3
Beds
1.5
Baths
1,200
Sq Ft
1960
Built
Highlights
- Property is near a park
- Ranch Style House
- Formal Dining Room
- Lions Park Elementary School Rated 9+
- Wood Flooring
- 4-minute walk to Lions Park
About This Home
As of June 2025Welcome to this charming all brick ranch home nestled in the highly sought-after School District 57. Step inside to find a spacious open-concept living and dining area, perfect for hosting and entertaining. The eat-in kitchen opens to a second living room with a wood burning fireplace and view of the backyard. The main floor features three bedrooms, a full and half bathroom as well as an attached one car garage for convenience. Going downstairs cozy up in the large lower-level living room with a fourth bedroom, storage and laundry room. Large backyard with wood deck off the kitchen. This home offers a fantastic opportunity to bring your contractor and add your personal touches in a quiet neighborhood in close proximity to the elementary school, parks, public pools, restaurants and shopping centers with major retailers. Home has a newer roof with gutter guards and windows. Estate sale, property sold, As-Is.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 12/04/2024
Last Buyer's Agent
@properties Christie's International Real Estate License #475125213
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,033
Year Built
- Built in 1960
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,200 Sq Ft Home
- Bookcases
- Skylights
- Family Room with Fireplace
- Family Room Downstairs
- Living Room
- Formal Dining Room
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Patio
- Lot Dimensions are 62.5x130
- Property is near a park
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
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
-80.22%
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 |
|---|---|---|---|
| Administrators Deed | $395,000 | None Listed On Document | |
| Administrators Deed | $395,000 | None Listed On Document | |
| Warranty Deed | $225,000 | -- |
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
587 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: 12221092
APN: 08-12-421-011-0000
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