Back 2b/501 E Prospect Ave
Off Market

2b/501 E Prospect Ave

Mount Prospect IL 60056

1
1
1
725 sq. ft.
Condo
Last sold for $85,000
James ReganJames Regan, last sold this property on 01 November 2017 after 15 days on market.

Overview

THE PERFECT ANSWER FOR THE BUYER WHO WANTS SOMETHING INEXPENSIVE AND WITH A CONVENIENT COUPLE OF MINUTE WALK TO TOWN AND TRAIN. IT IS ALSO PERFECT FOR THE BUYER WHO SPENDS 6 MONTHS DOWN SOUTH FOR THE WINTER, BUT WANTS TO COME BACK TO THE NORTHWEST SUBURBS FOR THE OTHER 6 MONTHS. AND LASTLY, FOR THE INVESTOR BUYER IT IS ONE OF ONLY A HANDFUL OF CONDO COMPLEXES THAT ALLOW INVESTOR OWNERS. ALTHOUGH ONLY A 1 BEDROOM, THIS CONDO WILL SURPRISE YOU WITH HOW SPACIOUS IT IS AND YOU CAN'T BEAT THE LOW ASSOCIATION FEE OF $ 155/ MONTH AND REAL ESTATE TAXES OF $ 819 FOR 2016 ( HOMEOWNERS EXEMPTION IS INCLUDED). ALL IN ALL IT IS THE PERFECT COMBINATION OF PRICE , CONDITION AND LOCATION. COME SEE IT TODAY AND MAKE IT YOUR OWN TOMORROW!

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
725 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Mount Prospect over the last 12 months, the estimated median property value of 2b/501 E Prospect Ave is $169k.

Median value
$169k
Estimated value range
$128k - $405k
Median days on market
12
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Prospect. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2b/501 E Prospect Ave

2017
Sold
$85,000
01 Nov 2017 by James Regan, of RE/MAX Suburban

Happy sellers in Mount Prospect

100%
100% of sellers in Mount Prospect reported that their sale price either exceeded or met their price expectations.

Mount Prospect stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Mount Prospect over the last 12 months.

Local market activity for 1 bedroom condos in Mount Prospect

In the last 12 months, 31 one-bedroom condos similar to 2b/501 E Prospect Ave, have been sold.

This represents a 14% increase in one-bedroom condos sales when compared to the previous 12 months.

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