NOT LISTED FOR SALE

705 E Prospect Ave Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $509,000 - $597,000

3 Beds
3 Baths
2,100 Sq Ft
$268/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $460,000 $219 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,196/month

17 Days on Market

Highlights

  • Family Room with Fireplace
  • Lions Park Elementary School Rated 10
  • Attached Garage

About This Home

As of January 2022

Large contemporary row home only 2 1/2 blocks from the Metra train station, library, downtown shops, restaurants and numerous festivals. This stunning home offers 3 bedrooms, 2 1/2 bathrooms, a gorgeous open kitchen with a 7' island, gleaming hardwood floors, 9 & 10-foot ceilings, crown molding, stone fireplace, 2nd floor laundry and more. Fully finished lower level; great for guests or an office. Enjoy the huge private sunny 22' balcony. Everyone loves a 2-car attached garage with additional covered spaces. These attractive units are rarely available, so don't miss this beauty.

Last Agent to Sell the Property

Karen Majerczak

Compass License #475143524 Listed on: 11/24/2021

Compass

Last Buyer's Agent

Naelah Abbas

HomeSmart Connect License #475160998

HomeSmart Connect

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2016

Lot Details

  • 1,263

HOA Fees

  • $225 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Dual Sinks
  • 2,100 Sq Ft Home
  • Family Room with Fireplace

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Association Phone (847) 000-0000

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

2016

Lot Details

1,263 Sq Ft Lot

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: T3-Townhouse 3+ Stories
  • Property Sub Type: T3-Townhouse 3+ Stories
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: Elmhurst Rd South of NW Hwy to Prospect Avenue
  • Lot Size: 1288
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Lions Park
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 2100
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 2100
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s), Ceiling - 10 Foot, Ceiling - 9 Foot, Open Floorplan
  • Dining Room Type: Recreation Room, Foyer, Walk In Closet, Deck
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Exterior Features: Balcony, Porch
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Other Structures: None
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Self managed
  • Management Phone: 847-000-0000
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Junior High Dist: 214
  • Middle Or Junior School: Lincoln Junior High School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 10670.83
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Feb 2, 2022
Sold by
Aggarwal Sandeep and Aggarwal Megha
Bought by
Sarwar Jamal and Jamal Oudsia
Seller's Agent
Karen Majerczak
Compass
Buyer's Agent
Naelah Abbas
HomeSmart Connect
List Price
$465,000
Sold Price
$460,000
Premium/Discount to List
-$5,000
-1.08%
Current Estimated Value
$563,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,000
Avg. Annual Appreciation
5.05%

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 26, 2022
Sold by
Aggarwal Sandeep and Aggarwal Megha
Bought by
Sarwar Jamal and Jamal Oudsia
Seller's Agent
Karen Majerczak
Compass
Buyer's Agent
Naelah Abbas
HomeSmart Connect
List Price
$465,000
Sold Price
$460,000
Premium/Discount to List
-$5,000
-1.08%

Purchase Details

Listed on
Mar 10, 2015
Closed on
Dec 11, 2015
Sold by
Compass Real Estate Services Llc
Bought by
Aggarwal Sandeep and Aggarwal Megha
Seller's Agent
Gretchen Gullo
@properties Christie?s International Real Estate
Buyer's Agent
Gretchen Gullo
@properties Christie?s International Real Estate
List Price
$369,900
Sold Price
$380,925
Premium/Discount to List
$11,025
2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sarwar Jamal $460,000 --
Sarwar Jamal $460,000 --
Sarwar Jamal $460,000 --
Aggarwal Sandeep $381,000 Regency Title Services Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2022 01/26/22 Sold $460,000 -1.1% $219 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $465,000 +22.1% $221 / Sq Ft
12/11/2015 12/11/15 Sold $380,925 +3.0% $161 / Sq Ft View Prior Sale
06/13/2015 06/13/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $369,900 -- $156 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $12,953 $52,001 $2,910 $49,091
2024 $12,953 $46,500 $8,000 $38,500
2023 $11,538 $46,500 $8,000 $38,500
2022 $11,538 $46,500 $8,000 $38,500
2021 $10,826 $38,074 $822 $37,252
2020 $10,671 $38,074 $822 $37,252
2019 $10,662 $42,305 $822 $41,483
2018 $10,638 $38,208 $695 $37,513
2017 $10,685 $38,208 $695 $37,513
2016 $10,150 $38,208 $695 $37,513
Source: Public Records

Agents Affiliated with this Home

  • Karen Majerczak

    Seller's Agent in 2022

    Karen Majerczak

    Compass

    (847) 913-6665

    2 in this area

    188 Total Sales

    Karen Majerczak
    Section Image
  • Naelah Abbas

    Buyer's Agent in 2022

    Naelah Abbas

    The McDonald Group

    (847) 454-1648

    1 in this area

    9 Total Sales

    Naelah Abbas
    Section Image
  • Gretchen Gullo

    Seller's Agent in 2015

    Gretchen Gullo

    @ Properties

    (847) 208-9471

    1 in this area

    86 Total Sales

    Gretchen Gullo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11274768

Midwest Real Estate Data (MRED)

APN: 08-12-428-018-0000

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

705 E Prospect Ave, Mount Prospect, IL

Not Listed for Sale

Townhouses

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.

Midwest Real Estate Data (MRED) 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.
Based on information submitted to the MLS GRID

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